Forward Training Center of Hood County (EIN 753094243) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Forward Training Center of Hood County, founded in 2002, is a small nonprofit in the Employment sector that reported $224K in total revenue in fiscal year 2023.

Mission

The purpose of the Forward Training Center is to provide job skills training and mentoring to men and women in Hood County with the purpose of equiping them for employment.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $178,291

Program Service Revenue $0

Investment Income $860

Other Revenue $45,339

TOTAL REVENUE $224,490

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,754

Fundraising Expenses $8,212

Program Expenses $177,374

Other Expenses $108,628

TOTAL EXPENSES $238,382

Year-over-Year Comparison

	2023	2022	Change
Revenue	$224,490	$227,478	0.0%
Expenses	$238,382	$228,178	+0.0%
Net Income	$-13,892	$-700	+18.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

172

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cleo Brown	Director	1.00	Director	$0	$0	$0
Linda Husong	Director	1.00	Director	$0	$0	$0
Christine M Durant	Director	1.00	Director	$0	$0	$0
Mirta Walllace-Wood	Director	1.00	Director	$0	$0	$0
Calvin Lawrence	Director	1.00	Director	$0	$0	$0
Bob White	Vice Chair	2.00	Director	$0	$0	$0
Ann Blessing	Secretary	1.00	Officer	$0	$0	$0
James Lilly	Director	1.00	Officer	$0	$0	$0
George Sutton	Chairman	5.00	Officer	$0	$0	$0
Vince Blankenship	Treasurer	2.00	Officer	$0	$0	$0
Katy Offutt	Executive Director	40.00	Key Emp	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$224,490	$238,382	$207,469	$-13,892
2022	$227,478	$228,178	$223,421	$-700
2021	$246,020	$202,074	$222,061	$43,946
2020	$225,039	$213,113	$178,145	$11,926
2019	$149,064	$175,944	$166,219	$-26,880
2018	$188,813	$181,765	$193,099	$7,048

Forward Training Center of Hood County