SPRINGFORWARD VENTURES INC (EIN 873227414) - 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

PIPER PHILLIPS CASWELL

Phone

7039418810

Tax Period

2024-09-01 to 2025-08-31

SPRINGFORWARD VENTURES INC, founded in 2021, is a small nonprofit in the Employment sector that reported $395K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $811K exceeded revenue, resulting in a 105% operating deficit.

Mission

SPRINGFORWARD IS AN INCUBATOR FOR COMPANIES THAT USE THE EVERY EMPLOYEE BUSINESS FRAMEWORK.

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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 $23,111

Program Service Revenue $262,026

Investment Income $109,378

Other Revenue $522

TOTAL REVENUE $395,037

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $82,707

Fundraising Expenses $0

Program Expenses $487,582

Other Expenses $727,132

TOTAL EXPENSES $810,839

Year-over-Year Comparison

	2024	2023	Change
Revenue	$395,037	$306,847	+0.3%
Expenses	$810,839	$412,748	+1.0%
Net Income	$-415,802	$-105,901	+2.9%

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

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

$318,685

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW PLATT	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
CAROL WELD KING	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
GEORGE NAPIER	SECRETARY	1.00	Officer Director	$0	$0	$0
DAN IRVINE	TREASURER	1.00	Officer Director	$0	$0	$0
MARY AKINKUGBE	TRUSTEE	1.00	Director	$0	$0	$0
ROB ARNALL	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN MASTEN	TRUSTEE	1.00	Director	$0	$0	$0
PIPER PHILLIPS CASWELL	EXECUTIVE DIRECTOR	5.00	Officer	$0	$31,366	$318,685

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
2025	$395,037	$810,839	$1,433,629	$-415,802
2024	$306,847	$412,748	$1,862,668	$-105,901

SPRINGFORWARD VENTURES INC