Forward Horizons

Nonprofit profile at a glance

EIN: 263366961
IRS 990-EZ coverage: 2014–2016
Forms available: Form 990-EZ 2016
Location: Pompano Beach, FL, USA
Phone: 9545334803
Rating: 59
Verdict: MIXED
Rating confidence: Moderate
Sector: Community, Neighborhood Development

Reported finances

Revenue: $118,117
Expenses: $118,527
Assets: $4,932
Liabilities: $4,523

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

DARRYL CLARDY JR (Treasurer)
ALVIN PRATT (Secretary)
ARI ISSACKSON (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Residential half-way house

What it reported doing in 2016

15 beds -avg occupancy 10 room and board, counseling, field trips

Operating model

Revenue model: Earned-program. 72% of the money available for current operations came from fees and other program revenue.
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

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 45
Transparency & Controls: 82
Sustainability: 25
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 44.7%; rating input score 45
Program expense ratio: 44.5%; rating input score 45

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -0.3%; rating input score 33; 33rd percentile among comparable filings
Total-asset coverage ratio: 0.04; rating input score 5; 5th percentile among comparable filings
Liabilities to assets ratio: 0.92; rating input score 7; 7th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

Program expense growth: -80.9% per year; rating input score 0; 2nd percentile among comparable filings
Revenue growth: 31.3% per year; rating input score 100; 91st percentile among comparable filings
Asset growth: -5.2% per year; rating input score 0; 21st percentile among comparable filings

Details

Where the money goes: 44.7% of revenue deployed · 44.5% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $53K in reported program spending
Leadership: top reported pay $0 · 5 people listed
Consistency: 8 of 8 current checks pass
Schedules: 2 filed schedules
Filing history: 3 filing years from 2014 to 2016
Contacts: How to reach this organization
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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
Moderate — Financial Efficiency: Program expense ratio scored 45/100.
High — Growth: Program expense growth scored 0/100.
Moderate — Sustainability: Operating margin scored 33/100.
High — Sustainability: Total-asset coverage ratio scored 5/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Liabilities to assets ratio scored 7/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.