Renewables Forward Inc (EIN 863364747) - 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

2021

Legal Domicile

Principal Officer

Christina Nichols

Tax Period

2024-01-01 to 2024-12-31

Renewables Forward Inc, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $692K in total revenue in fiscal year 2024. Revenue surged 162% from the prior year, signaling strong growth momentum. The organization ran a surplus of $211K, a strong 30% operating margin.

Mission

To intentionally address historic economic and social inequities in the renewables and clean energy industry RCEI. The goal of the organization is to create a more diverse equitable and inclusive community and promote social and economic well-being both within the RCEI and the communities and populations that the RCEI services.

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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 $457,309

Program Service Revenue $233,968

Investment Income $0

Other Revenue $400

TOTAL REVENUE $691,677

Expense Breakdown

Grants Paid $0

Salaries & Benefits $234,607

Fundraising Expenses $100

Program Expenses $179,305

Other Expenses $246,017

TOTAL EXPENSES $480,724

Year-over-Year Comparison

	2024	2023	Change
Revenue	$691,677	$263,861	+1.6%
Expenses	$480,724	$360,726	+0.3%
Net Income	$210,953	$-96,865	-3.2%

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

N/A

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

Total Directors

Key Employees

$137,530

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrew Williams	Director	1.00	Director	$0	$0	$0
Bruce Ledesma	Director	1.00	Director	$0	$0	$0
Gilbert Campbell	Director	1.00	Director	$0	$0	$0
Jason Barrett	Director	1.00	Director	$0	$0	$0
Amanda Bybee	Director	1.00	Director	$0	$0	$0
Esther Morales	Secretary	1.00	Officer Director	$0	$0	$0
Richard Ashby	Treasurer	1.00	Officer Director	$0	$0	$0
Yuri Horwitz	Chairman	1.00	Officer Director	$0	$0	$0
Christina Nichols	Executive Director	40.00	Key Emp	$137,530	$0	$137,530

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	$691,677	$480,724	$256,057	$210,953
2023	$263,861	$360,726	$131,995	$-96,865
2022	$296,636	$197,794	$127,266	$98,842

Renewables Forward Inc