FORWARD MICHIGAN (EIN 882478807) - 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

2022

Legal Domicile

Principal Officer

MARY BRADY-ENERSON

Phone

2484175583

Tax Period

2023-01-01 to 2023-12-31

FORWARD MICHIGAN, founded in 2022, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2023. Revenue surged 7679% from the prior year, signaling strong growth momentum. Expenses of $2.4M left a modest 8% surplus.

Mission

TO IMPROVE SOCIAL WELFARE, INCLUDING ECONOMIC SECURITY, PUBLIC SAFETY, EFFECTIVE AND INCLUSIVE EDUCATION, AFFORDABLE HOUSING,AND UNIVERSAL HEALTHCARE COVERAGE ON COMMUNITIES TRADITIONALLY UNDERREPRESENTED AMONG MICHIGAN POLICY MAKERS, INCLUDING THROUGH ORGANIZING,LEADERSHIP DEVELOPMENT, ISSUE ADVOCAY, FISCAL SPONSORSHIP OF OTHER ORGANIZATIONS,AND ALL OTHER PURPOSES CONSISTENT WITH SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,578,688

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,578,688

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,489

Fundraising Expenses $0

Program Expenses $2,279,265

Other Expenses $2,230,741

TOTAL EXPENSES $2,381,230

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,578,688	$33,148	+76.8%
Expenses	$2,381,230	$38,750	+60.5%
Net Income	$197,458	$-5,602	-36.2%

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

Employees

Volunteers

N/A

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

$29,423

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY BRADY-ENERSON	MANAGING DIR	10.00	Officer	$28,269	$1,154	$29,423
MOLLY SWEENEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRINA TOCCO	SECRETARY	1.00	Officer Director	$0	$0	$0
REBECA VELAZQUEZ-PUBLES	TREASURER	1.00	Officer Director	$0	$0	$0
ALISHA LAUCHIE	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMILA MARTIN	BOARD MEMBER	1.00	Director	$0	$0	$0
LE TIM LY	BOARD MEMBER	1.00	Director	$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	No data	No data	No data	No data
2023	$2,578,688	$2,381,230	$1,066,398	$197,458

FORWARD MICHIGAN