FORWARD BRUNSWICK INC (EIN 843251316) - 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

Principal Officer

LANCE SABBE

Phone

9125772599

Tax Period

2024-01-01 to 2024-12-31

FORWARD BRUNSWICK INC, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $164K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $206K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO FOSTER ECONOMIC VITALITY THROUGH QUALITY OF LIFE PROJECTS SUCH AS AMENITIES, BEAUTIFICATION, AND COMMUNITY DEVELOPMENT.

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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 $121,452

Program Service Revenue $36,008

Investment Income $6,694

Other Revenue $0

TOTAL REVENUE $164,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,700

Fundraising Expenses $26,864

Program Expenses $118,623

Other Expenses $100,239

TOTAL EXPENSES $205,939

Year-over-Year Comparison

	2024	2023	Change
Revenue	$164,154	$151,317	+0.1%
Expenses	$205,939	$205,790	+0.0%
Net Income	$-41,785	$-54,473	-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

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

$84,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LANCE SABBE	EXECUTIVE DIRECTOR	45.00	Director	$80,500	$0	$80,500
JULIE MARTIN	VICE CHAIR OF THE BOARD OF	2.00	Director	$0	$0	$0
MICHELE SEALS	MEMBER	1.00	Director	$0	$0	$0
JENNY LEE	MEMBER	1.00	Director	$0	$0	$0
BEN SLADE	MEMBER	1.00	Director	$0	$0	$0
AL MCKINNON	MEMBER	5.00	Director	$0	$0	$0
ED FARLEY	CHAIR OF THE BOARD OF DIRE	10.00	Director	$0	$0	$0
TERRA WINSLETT	MEMBER	2.00	Director	$0	$0	$0
VAN WATERS	MEMBER	1.00	Director	$0	$0	$0
JASON UMFRESS	MEMBER	1.00	Director	$0	$0	$0
SHEMEKA SORRELLS	MEMBER	1.00	Director	$0	$0	$0
JAMIE GAMBY	FARMER'S MARKET MANAGER	1.00	Director	$4,300	$0	$4,300
STEPHEN MORENO	SECRETARY & TREASURER OF B	0.00	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	$164,154	$205,939	$745,004	$-41,785

FORWARD BRUNSWICK INC