DRIVE FORWARD (EIN 814014488) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

BROOKE STEGER

Phone

2063279487

Tax Period

2023-09-01 to 2024-08-31

DRIVE FORWARD, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $230K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $265K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO SHAPE THE FUTURE OF WASHINGTON STATE BY SUPPORTING AND ADVOCATING FOR INDEPENDENT GIG-WORKERS AND THEIR CUSTOMERS.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $230,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $230,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $165,014

Fundraising Expenses $0

Other Expenses $99,611

TOTAL EXPENSES $264,625

Year-over-Year Comparison

	2023	2022	Change
Revenue	$230,000	$260,000	-0.1%
Expenses	$264,625	$233,886	+0.1%
Net Income	$-34,625	$26,114	-2.3%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$100,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BROOKE STEGER	PRESIDENT	1.00	Officer Director	$0	$0	$0
ABDUL YUSUF	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ALLISON FORD	TREASURER	1.00	Officer Director	$0	$0	$0
KIERRA PHIFER	SECRETARY	1.00	Officer Director	$0	$0	$0
CALEB WEAVER	MEMBER	1.00	Director	$0	$0	$0
JAMES LOCKHART	MEMBER THRU 02/24	1.00	Director	$0	$0	$0
MICHAEL WOLFE	EXECUTIVE DIRECTOR	40.00	Officer	$100,000	$0	$100,000

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	$230,000	$264,625	$166,429	$-34,625
2023	$260,000	$233,886	$201,054	$26,114
2022	$180,000	$227,690	$174,940	$-47,690
2021	$290,125	$155,822	$222,630	$134,303
2019	$270,503	$188,292	$150,545	$82,211
2018	$325,056	$263,025	$68,334	$62,031

DRIVE FORWARD