HOUSING FORWARD-MA INC (EIN 851510237) - 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

2020

Legal Domicile

Principal Officer

BARRY BLUESTONE

Phone

6172099316

Tax Period

2024-01-01 to 2024-12-31

HOUSING FORWARD-MA INC, founded in 2020, is a micro nonprofit in the Housing & Shelter sector that reported $79K in total revenue in fiscal year 2024. Revenue surged 243% from the prior year, signaling strong growth momentum. The organization ran a surplus of $47K, a strong 60% operating margin.

Mission

HOUSING FORWARD-MA DEVELOPS DATA BACKED POLICIES RELATED TO HOUSING IN MASSACHUSETTS AND THE BROADER ECONOMIC IMPACTS OF HOUSING SUPPLY AND DEMAND. BY PROVIDING TRAINING, EDUCATION, AND MODEL POLICY PROPOSALS OUR ORGANIZATION WILL SUPPORT ORGANIZING AND ADVOCACY EFFORTS FOR AFFORDABLE, WORKFORCE HOUSING ACROSS THE STATE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $79,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $79,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $27,174

Other Expenses $31,651

TOTAL EXPENSES $31,651

Year-over-Year Comparison

	2024	2023	Change
Revenue	$79,000	$23,000	+2.4%
Expenses	$31,651	$57,081	-0.4%
Net Income	$47,349	$-34,081	-2.4%

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

N/A

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

$12,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSH ZAKIM	EXECUTIVE DI	40.00	Officer	$12,000	$0	$12,000
BARRY BLUESTONE	CHAIR	1.00	Officer Director	$0	$0	$0
ELEANOR WHITE	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
EDWARD ZUKER	TREASURER	1.00	Officer 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	$79,000	$31,651	$48,604	$47,349
2023	$23,000	$57,081	$2,241	$-34,081
2022	$219,500	$176,700	$41,190	$42,800
2021	$258,250	$297,669	$2,675	$-39,419

HOUSING FORWARD-MA INC