603 Forward

Nonprofit profile at a glance

EIN
832984780
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-EZ 2020, Form 990-N 2018
Location
Concord, NH, USA
Phone
7815720829
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$575,195
Expenses
$1,081,754
Assets
$40,860
Liabilities
$448,431

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Julianne Gadoury (Executive Director)

Highest reported compensation

  • Julianne Gadoury (Executive Director): $104,753 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promotion of social welfare including educating the public and legislators on issues impacting young people in New Hampshire and urging the public to contact members of legislative bodies regarding the same issues.

What it reported doing in 2024

603 Forward envisions a thriving New Hampshire where all people are free to live, work and raise a family. In our New Hampshire: democracy is protected above all else; young people have a voice in government at all levels; and policy changes help to build an inclusive, affordable, and resilient state. In tackling the generational crisis facing New Hampshire, 603 Forward educates, engages, and activates working-age adults to drive pro-next-generation policy change and support like-minded leaders in their pursuit of public office. Whether it? s testifying at hearings, engaging with local elected officials, knocking doors for a young leader or recruiting the next generation to public office, 603 Forward is building a future for our generation to thrive. 603 Forward? s key programs focus on engaging young people through prospective candidate recruitment and education, legislative advocacy, and voter protection and turnout. The end goal of 603 Forward? s work is to build a pipeline of educated, engaged activists who ultimately seek and win state, city, and town elected office to enact systems-level pro-next-generation progressive change and support progressive leaders in running for office. Historically, 603 Forward has been the only non-profit organization in New Hampshire that has engaged consistently in town and city elections across the state. 603 Forward supported folks accross the aisle in FY2025, educating individauls and legislators on voting rights and the housing crisis in New Hampshire. In individual communities, we worked with activists and elected officials alike to discuss the landscape of New Hampshire, promoting the actions we can take to make it a more inclusive place for working aged people. 603 Forward recruited and trained over 150 working aged people during this time frame to run for a position in their town or city, and at the state level. We ran a comprehensive Independent Expenditure campaign for several candidates after the filing period.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 92
  • Accountability: 63
  • Sustainability: 6
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 71.6%; rating input score 72
  • Fundraising efficiency: $8.93 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -88.1%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: 10.97; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 9.7%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: 26.6% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 26.1% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 1.8% per year; rating input score 100; 24th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 71.6% of spending went to programs
  • Governance: 6 of 6 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $774K in reported program spending
  • Leadership: top reported pay $105K · 7 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 6 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 34/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.