FORM COMMUNITIES INC (EIN 820559940) - 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

2002

Legal Domicile

Principal Officer

ERIC ESTRADA

Phone

2107981619

Tax Period

2024-01-01 to 2024-12-31

FORM COMMUNITIES INC, founded in 2002, is a community nonprofit in the Mental Health sector that reported $5.3M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $4.7M left a modest 11% surplus.

Mission

FORM COMMUNITIES SERVES ADULTS THAT SUFFER SEVERE AND PERSISTANT MENTAL ILLNESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,027,982

Program Service Revenue $190,798

Investment Income $6,587

Other Revenue $56,740

TOTAL REVENUE $5,282,107

Expense Breakdown

Grants Paid $1,304,877

Salaries & Benefits $2,390,776

Fundraising Expenses $43,182

Program Expenses $4,511,653

Other Expenses $999,840

TOTAL EXPENSES $4,695,493

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,282,107	$3,479,657	+0.5%
Expenses	$4,695,493	$3,478,577	+0.3%
Net Income	$586,614	$1,080	+542.2%

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

410

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

$114,352

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC ESTRADA	Executive Dir.	40.00	Officer	$72,532	$0	$72,532
MINOT PRATT	CFO	40.00	Officer	$41,820	$0	$41,820
LEWIS ANGIE	President	1.00	Officer Director	$0	$0	$0
JENNIFER KNOULTON	Vice President	1.00	Officer Director	$0	$0	$0
RYCHELE WAGNER	SEC/TREAS	1.00	Officer Director	$0	$0	$0
ALEEN ARABIT	Director	1.00	Director	$0	$0	$0
JUANITO GUARDIOLA	Director	1.00	Director	$0	$0	$0
LEE HERNANDEZ	Director	1.00	Director	$0	$0	$0
RODNEY SPARKS	Director	1.00	Director	$0	$0	$0
GABRIELA LONGORIA	Director	1.00	Director	$0	$0	$0
CHELSEA BIGGERSTAFF	Director	1.00	Director	$0	$0	$0
LEWIS MCCLURE	Director	1.00	Director	$0	$0	$0
OSCAR GRANADOS	Director	1.00	Director	$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	$5,282,107	$4,695,493	$1,397,383	$586,614
2023	$3,479,657	$3,478,577	$867,058	$1,080
2022	$2,503,216	$3,129,754	$692,655	$-626,538
2021	$1,686,357	$1,802,079	$1,274,714	$-115,722
2020	$1,147,348	$1,059,745	$1,066,752	$87,603
2019	$1,012,980	$1,172,005	$424,779	$-159,025
2018	$1,313,931	$1,317,214	$2,440,451	$-3,283

FORM COMMUNITIES INC