FORBUSH CORNER NORDIC (EIN 834617329) - 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

2019

Legal Domicile

Phone

9896141955

Tax Period

2024-06-01 to 2025-05-31

FORBUSH CORNER NORDIC, founded in 2019, is a small nonprofit in the Environment sector that reported $718K in total revenue in fiscal year 2024. Revenue surged 225% from the prior year, signaling strong growth momentum. The organization ran a surplus of $527K, a strong 73% operating margin.

Mission

TO PROMOTE SOCIAL WELFARE THROUGH THE ENJOYMENT AND APPRECIATION OF THE NATURAL ENIVRONMENT. PROMOTION OF ACTIVITIES THAT EMPHASIZE HEALTHY, FAMILY ORIENTED WINTER OUTDOOR SPORTING ACTIVITIES.

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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 $550,610

Program Service Revenue $133,156

Investment Income $0

Other Revenue $34,629

TOTAL REVENUE $718,395

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $25,138

Program Expenses $165,441

Other Expenses $191,179

TOTAL EXPENSES $191,179

Year-over-Year Comparison

	2024	2023	Change
Revenue	$718,395	$221,106	+2.2%
Expenses	$191,179	$154,426	+0.2%
Net Income	$527,216	$66,680	+6.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANN WAGAR	TREASURER	20.00	Officer	$0	$0	$0
ALAN HOUGH	DIRECTOR	5.00	Officer	$0	$0	$0
TODD HUBBARD	VICE PRESIDENT	5.00	Officer	$0	$0	$0
HOWARD HANSEN	PRESIDENT	5.00	Officer	$0	$0	$0
LARRY DAMIC	DIRECTOR	5.00	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	$718,395	$191,179	$1,067,216	$527,216
2024	$221,106	$154,426	$428,191	$66,680
2023	$161,928	$134,108	$296,511	$27,820
2022	$208,685	$140,019	$280,173	$68,666
2021	$211,492	$96,892	$211,507	$114,600

FORBUSH CORNER NORDIC