FORWARD COMMUNITIES INC (EIN 872463450) - 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

2021

Legal Domicile

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 supports communities where all residents can live affordably and with dignity. We do so principally by educating the next generation of homebuyers with essential financial literacy and developing alternative financial solutions that enable low-moderate income households to afford more home in a responsible way.

🔒

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 $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

🔒

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

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

Highest Compensated

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

FORWARD COMMUNITIES INC