THE PHILANTHROPY WORKSHOP INC DBA FORWARD GLOBAL

EIN: 980592591 501(c)(3) Philanthropy & Grantmaking

NEW YORK, NY

Total Revenue
$6,401,532
Total Expenses
$4,983,617
Total Assets
$1,607,962
Net Assets
$681,354
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
DE
Principal Officer
RACHEL SIMON
Phone
4156175540
Tax Period
2024-01-01 to 2024-12-31

THE PHILANTHROPY WORKSHOP INC DBA FORWARD GLOBAL, founded in 2008, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $6.4M in total revenue in fiscal year 2024. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 22% operating margin.

Mission

FORWARD GLOBAL CURATES A COMMUNITY AND CULTURE THAT CHALLENGES THE STATUS QUO, UNLOCKING KNOWLEDGE AND CONNECTIONS FOR IMPACT. WE EQUIP OUR GLOBAL COMMUNITY OF ACTION-ORIENTED, OPEN-MINDED INDIVIDUALS TO MOBILIZE THEIR RESOURCES TO CREATE A BETTER WORLD FOR ALL PEOPLE AND THE PLANET. OUR COMMUNITY OF VALUES-ALIGNED LEADERS IS INNOVATING AT THE INTERSECTIONS OF BUSINESS, PHILANTHROPY AND POLICY TO ENSURE A THRIVING, SUSTAINABLE, MORE EQUITABLE WORLD.

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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 $5,677,010
Program Service Revenue $593,621
Investment Income $1,386
Other Revenue $129,515
TOTAL REVENUE $6,401,532

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,062,023
Fundraising Expenses $695,066
Program Expenses $3,424,132
Other Expenses $2,921,594
TOTAL EXPENSES $4,983,617

Year-over-Year Comparison

2024 2023 Change
Revenue $6,401,532 $3,603,903 +0.8%
Expenses $4,983,617 $3,978,086 +0.3%
Net Income $1,417,915 $-374,183 -4.8%
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
13
Independent Members
12
Employees
12
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
5
$494,179
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MILTON SPEID MEMBER 10.00
Director
$0 $0 $0
ELLIOTT DONNELLY CHAIR 20.00
Officer Director
$0 $0 $0
LAUREN CRAMER SECRETARY 10.00
Officer Director
$0 $0 $0
SABRINA POURMAND MEMBER 10.00
Director
$0 $0 $0
CASEY BOX MEMBER 10.00
Director
$0 $0 $0
ANDREW CHUNILALL MEMBER 10.00
Director
$0 $0 $0
DAVID LEE MEMBER 10.00
Director
$0 $0 $0
LORENE AREY MEMBER 10.00
Director
$0 $0 $0
LAUREN BOOKER ALLEN MEMBER 10.00
Director
$0 $0 $0
GLEN GALAICH MEMBER 10.00
Director
$0 $0 $0
TRACI MADDOCK MEMBER 10.00
Director
$0 $0 $0
SAPPHIRA GORADIA VICE CHAIR 10.00
Officer Director
$0 $0 $0
RENEE KAPLAN CHIEF EXECUTIVE OFFICER 40.00
Officer
$280,000 $14,000 $294,000
RACHEL SIMON TREASURER & CHIEF OPERATING OFFICER 40.00
Officer
$170,583 $29,596 $200,179
ALISA TANTRAPHOL MANAGING DIRECTOR 40.00
Highest
$139,917 $16,386 $156,303
LESLIE GROSS GEN COUNSEL AND MANAGING D 40.00
Highest
$170,248 $35,984 $206,232
MARGARET R NEILSON CHIEF MARKETING OFFICER 40.00
Highest
$240,625 $42,633 $283,258
BRADY ESSMANN CHIEF REVENUE OFFICER 40.00
Highest
$165,792 $37,135 $202,927
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 $6,401,532 $4,983,617 $1,607,962 $1,417,915
2023 $3,603,903 $3,978,086 $260,413 $-374,183
2022 $3,416,908 $4,014,951 $437,872 $-598,043
2021 $3,129,311 $2,695,366 $872,513 $433,945
2020 $2,507,817 $2,537,592 $443,987 $-29,775
2019 $2,235,632 $2,109,852 $386,108 $125,780
2018 $1,423,325 $1,888,901 $555,877 $-465,576
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