Andover, MA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Way Forward Taxi Alliance Inc, founded in 2021, is a micro nonprofit that reported $15K in total revenue in fiscal year 2025. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $28K exceeded revenue, resulting in a 93% operating deficit.
To advance the taxi industry by promoting high standards of service,technological innovation, and climate friendly operations.
To conduct an electric vehicle rebate and educational program for taxis in Environmental Justice Communities through a grant awarded by Massachusetts Clean Energy Technology Center. Company will...
To conduct an electric vehicle rebate and educational program for taxis in Environmental Justice Communities through a grant awarded by Massachusetts Clean Energy Technology Center. Company will launch a program to catalyze conversion of Boston taxis to electric vehicles and help shift consumer behavior towards more sustainable transportation modes. Another grant was awarded by Massachusetts Development Finance Agency for other program-related activities.
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%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $14,583 | $323,649 | -1.0% |
| Expenses | $28,094 | $331,001 | -0.9% |
| Net Income | $-13,511 | $-7,352 | +0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Linda Garofalo | Pres. & Director | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Yekuno Kidanemariam | Vice Pres. & Director | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rahim Abasi | Treasurer & Director | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Steven Goldberg | Clerk & Director | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Balwinder Gill | Vice Pres. & Director | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2026 | $14,583 | $28,094 | $58,214 | $-13,511 |
| 2025 | $323,649 | $331,001 | $71,725 | $-7,352 |
| 2024 | $216,499 | $143,580 | $82,075 | $72,919 |
Compare Way Forward Taxi Alliance Inc with other nonprofits in Massachusetts and across the country.