FORWARD HISPANIC COMMUNITY SERVICES

EIN: 853330743 501(c)(3) Mental Health

CHICAGO, IL

Total Revenue
$511,379
Total Expenses
$502,521
Total Assets
$100,941
Net Assets
$97,541
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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
IL
Principal Officer
DEVORA DIAZ
Phone
7737827724
Tax Period
2024-01-01 to 2024-12-31

FORWARD HISPANIC COMMUNITY SERVICES, founded in 2020, is a small nonprofit in the Mental Health sector that reported $511K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

FHCS supports youth in foster care with the goal of unifying families and finding permanent homes

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $511,379
Investment Income $0
Other Revenue $0
TOTAL REVENUE $511,379

Expense Breakdown

Grants Paid $0
Salaries & Benefits $431,510
Fundraising Expenses $0
Program Expenses $433,710
Other Expenses $71,011
TOTAL EXPENSES $502,521

Year-over-Year Comparison

2024 2023 Change
Revenue $511,379 $468,864 +0.1%
Expenses $502,521 $422,735 +0.2%
Net Income $8,858 $46,129 -0.8%
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

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Governance

Voting Members
3
Independent Members
3
Employees
18
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
1
$86,333
Total Directors
3
$132,933
Key Employees
1
$86,333
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEVORA DIAZ BOARD DIRECTOR N/A
Officer Director Key Emp Highest
$86,333 $0 $86,333
KEVIN ANGULO BOARD MEMEBER N/A
Director
$46,600 $0 $46,600
HERMAN DIAZ BOARD MEMEBER N/A
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 $511,379 $502,521 $100,941 $8,858
2023 $468,864 $422,735 $85,810 $46,129
2022 $275,595 $235,763 $45,119 $39,832
2021 $109,116 $107,727 $4,029 $1,389
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