MOVING FORWARD INC (EIN 833329208) - 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

2019

Legal Domicile

Principal Officer

CHRISTINE SPAULDING

Phone

5082327924

Tax Period

2023-07-01 to 2024-06-30

MOVING FORWARD INC, founded in 2019, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $374K, a strong 32% operating margin.

Mission

TO PROVIDE DAY AND VOCATIONAL TRAINING TO ADULTS AGES 22 AND UP, INCLUDING ASSISTING WITH FUNCTIONAL, SOCIAL SKILL, AND ACTIVITIES OF DAILY LIVING THAT ENCOURAGE, EMPOWER AND CHALLENGE INDIVIDUALS ALONG THE SPECTRUM OF ABILITY TO RECOGNIZE THEIR INHERENT WORTH AND BE THEIR BEST SELVES.

🔒

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 $104,744

Program Service Revenue $1,012,208

Investment Income $33,276

Other Revenue $0

TOTAL REVENUE $1,150,228

Expense Breakdown

Grants Paid $0

Salaries & Benefits $549,804

Fundraising Expenses $7,870

Program Expenses $650,858

Other Expenses $226,876

TOTAL EXPENSES $776,680

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,150,228	$890,166	+0.3%
Expenses	$776,680	$814,312	0.0%
Net Income	$373,548	$75,854	+3.9%

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

N/A

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

$177,582

Total Directors

$93,193

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTINE SPAULDING	EXECUTIVE DI	40.00	Officer Director	$88,993	$4,200	$93,193
NIOMIE LABINSKI	PROGRAM DIRE	40.00	Officer	$84,389	$0	$84,389
JAMIE FINNEGAN	DIRECTOR	2.50	Director	$0	$0	$0
DONNA THOMAS	DIRECTOR	2.50	Director	$0	$0	$0
LINDA CARR	CLERK	2.50	Officer	$0	$0	$0
KAREN COSGROVE	PRESIDENT	2.50	Officer	$0	$0	$0
DANIEL THOMAS	TREASURER	2.50	Officer	$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
2025	No data	No data	No data	No data
2024	$1,150,228	$776,680	$1,149,568	$373,548
2023	$890,166	$814,312	$814,296	$75,854
2022	$891,001	$661,068	$852,030	$229,933
2021	$663,923	$670,726	$712,608	$-6,803
2020	$522,205	$586,086	$274,372	$-63,881

MOVING FORWARD INC