FORWARD COMMUNITIES INC

EIN: 872463450 501(c)(3) Housing & Shelter

Austin, TX

Total Revenue
$7,507
Total Expenses
$31,464
Total Assets
$341,834
Net Assets
$332,845
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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
TX
Principal Officer
Natilie Jansen
Phone
3043944752
Tax Period
2024-01-01 to 2024-12-31

FORWARD COMMUNITIES INC, founded in 2021, is a micro nonprofit in the Housing & Shelter sector that reported $8K in total revenue in fiscal year 2024. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $31K exceeded revenue, resulting in a 319% operating deficit.

Mission

Forward Communities provides programs and alternative financing solutions that exists to make home ownership more achievable for low-moderate income households.

Program Service Accomplishments

Program 1
Expenses: $26,553 Revenue: $7,507

During 2024, Forward provided training for under-resourced high school students to related to essential financial aspects of home ownership.

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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 $7,507
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $7,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $26,553
Other Expenses $31,464
TOTAL EXPENSES $31,464

Year-over-Year Comparison

2024 2023 Change
Revenue $7,507 $190,000 -1.0%
Expenses $31,464 $53,059 -0.4%
Net Income $-23,957 $136,941 -1.2%
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

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Governance

Voting Members
3
Independent Members
3
Employees
1
Volunteers
7

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tim Heyl Director 0.25
Director
$0 $0 $0
Erin Johns Director 0.25
Director
$0 $0 $0
Dan Walters Director 0.25
Director
$0 $0 $0
Natalie Jansen Executive Director 25
Officer
$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 $7,507 $31,464 $341,834 $-23,957
2023 $190,000 $53,059 $362,227 $136,941
2022 $220,005 $144 $219,861 $219,861
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