HUMANITY FORWARD INC (EIN 844888448) - 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

2020

Legal Domicile

Principal Officer

PAOLO MASTRANGELO

Phone

7854472623

Tax Period

2023-01-01 to 2023-12-31

HUMANITY FORWARD INC, founded in 2020, is a small nonprofit that reported $689K in total revenue in fiscal year 2023. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 106% operating deficit.

Mission

SEE PART III, LINE 1.

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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 (2023)

Revenue Breakdown

Contributions & Grants $674,063

Program Service Revenue $0

Investment Income $15,421

Other Revenue $0

TOTAL REVENUE $689,484

Expense Breakdown

Grants Paid $688,795

Salaries & Benefits $184,422

Fundraising Expenses $131,812

Program Expenses $1,142,814

Other Expenses $547,866

TOTAL EXPENSES $1,421,083

Year-over-Year Comparison

	2023	2022	Change
Revenue	$689,484	$3,778,627	-0.8%
Expenses	$1,421,083	$3,603,097	-0.6%
Net Income	$-731,599	$175,530	-5.2%

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

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

$94,643

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA WHITAKER	BOARD MEMBER	2.00	Director	$0	$0	$0
CELINDA LAKE	BOARD MEMBER	2.00	Director	$0	$0	$0
JESSICA WOOLEY	BOARD MEMBER	2.00	Director	$0	$0	$0
PAOLO MASTRANGELO	PRESIDENT	18.00	Officer	$69,814	$5,759	$75,573
WESLEY LEUNG	SECRETARY AND TREASURER	15.00	Officer	$18,383	$687	$19,070

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	$689,484	$1,421,083	$3,525,178	$-731,599
2022	$3,778,627	$3,603,097	$4,311,208	$175,530
2021	$3,706,395	$2,800,565	$4,086,255	$905,830
2020	$7,059,167	$3,927,242	$3,302,336	$3,131,925

HUMANITY FORWARD INC