CITIES FORWARD INC (EIN 931383745) - 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

2023

Legal Domicile

Principal Officer

SAM OLIKER FRIEDLAND

Phone

6467957978

Tax Period

2023-01-01 to 2023-12-31

CITIES FORWARD INC, founded in 2023, is a community nonprofit in the Public & Societal Benefit sector that reported $1.0M in total revenue in fiscal year 2023. The organization ran a surplus of $846K, a strong 84% operating margin.

Mission

ORGANIZATION MISISION CITIES FORWARD IS A NONPARTISAN EFFORT FOCUSED ON HELPING CITIES AND LOCAL GOVERNMENTS AROUND THE COUNTRY MAKE PARTICIPATION IN THE DEMOCRATIC PROCESS A PRIORITY. CITIES FORWARD WORKS WITH CITIES TO PRIORITIZE PARTICIPATION IN OUR DEMOCRACY. WE SUPPORT CITIES IN THE DEVELOPMENT OF CITY-DRIVEN PROJECTS TO BOOST CIVIC PARTICIPATION AND BY HELPING CITIES STRENGTHEN THE INFRASTRUCTURE OF CIVIC ENGAGEMENT..

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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 $1,002,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,002,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,000

Fundraising Expenses $0

Program Expenses $132,753

Other Expenses $121,179

TOTAL EXPENSES $156,179

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,002,000	N/A	N/A
Expenses	$156,179	N/A	N/A
Net Income	$845,821	N/A	N/A

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

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

$35,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TREVOR OSTBYE	ASSIST. TREASURER	035.00	Officer	$35,000	$0	$35,000
PETER GOLFMAN	SECRETARY	001.00	Officer Director	$0	$0	$0
MICHAEL TANGLIS	PRESIDENT	001.00	Officer Director	$0	$0	$0
NINA ZENNI	TREASURER	001.00	Officer 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	$1,002,000	$156,179	$853,420	$845,821

CITIES FORWARD INC