NF FORWARD

EIN: 821672519 501(c)(3) Diseases & Disorders

DETROIT, MI

Total Revenue
$9,521,090
Total Expenses
$5,386,586
Total Assets
$18,398,741
Net Assets
$18,258,604
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MI
Principal Officer
MATTHEW RIZIK
Phone
3133733977
Tax Period
2023-01-01 to 2023-12-31

NF FORWARD, founded in 2017, is a community nonprofit in the Diseases & Disorders sector that reported $9.5M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $4.1M, a strong 43% operating margin.

Mission

THE MISSION OF NF FORWARD IS TO ADVANCE RESEARCH TOWARD A CURE FOR NEUROFIBROMATOSIS ("NF") AND TO EXPAND AND IMPROVE TREATMENT OPTIONS FOR THOSE WITH NF AND RELATED DISORDERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,290,238
Program Service Revenue $0
Investment Income $1,315
Other Revenue $-1,770,463
TOTAL REVENUE $9,521,090

Expense Breakdown

Grants Paid $5,331,337
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,331,337
Other Expenses $55,249
TOTAL EXPENSES $5,386,586

Year-over-Year Comparison

2023 2022 Change
Revenue $9,521,090 $8,115,909 +0.2%
Expenses $5,386,586 $4,721,535 +0.1%
Net Income $4,134,504 $3,394,374 +0.2%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
60

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER GILBERT PRESIDENT 0.50
Officer Director
$0 $0 $0
MATTHEW RIZIK TREASURER & SECRETARY 0.50
Officer Director
$0 $0 $0
JEFFREY MORGANROTH BOARD MEMBER 0.50
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 No data No data No data No data
2023 $9,521,090 $5,386,586 $18,398,741 $4,134,504
2022 $8,115,909 $4,721,535 $14,506,455 $3,394,374
2021 $8,373,465 $3,278,799 $11,092,671 $5,094,666
2020 $6,859,079 $5,443,291 $7,251,040 $1,415,788
2019 $4,547,202 $3,540,493 $4,694,255 $1,006,709
2018 $4,193,999 $3,462,394 $3,882,200 $731,605
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