Civic Intelligence

Arizona Forward Association

990 • Fiscal year 2021 • EIN 23-7154678

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 10, 2022

3800 N Central Avenue APT 1030Phoenix, AZ 85012

(602) 240-2408

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.38x

Higher debt load relative to assets than 83% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.33x

Higher debt load relative to revenue than 80% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

63rd percentile

21%

Higher net margin than 63% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

94th percentile

$155,265

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 27.5% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

86th percentile

63%

Faster asset growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

47th percentile

11%

Faster revenue growth than 47% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$486,584

Up $187,195 (+63%) from 2020

Net Assets

Up

$300,031

Up $122,513 (+69%) from 2020

Liabilities

Up

$186,553

Up $64,682 (+53%) from 2020

Revenue

Up

$564,987

Up $53,795 (+11%) from 2020

Expenses

Up

$445,922

Up $804 (+0.2%) from 2020

Net Income

Up

$119,065

Up $52,991 (+80%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2013: $321,628Liabilities 2013: $5,366Net Assets 2013: $316,2622013Assets 2014: $281,986Liabilities 2014: $6,574Net Assets 2014: $275,4122014Assets 2015: $216,701Liabilities 2015: $109,088Net Assets 2015: $107,6132015Assets 2016: $322,197Liabilities 2016: $202,208Net Assets 2016: $119,9892016Assets 2017: $225,910Liabilities 2017: $62,971Net Assets 2017: $162,9392017Assets 2018: $246,826Liabilities 2018: $83,228Net Assets 2018: $163,5982018Assets 2019: $211,184Liabilities 2019: $105,140Net Assets 2019: $106,0442019Assets 2020: $299,389Liabilities 2020: $121,871Net Assets 2020: $177,5182020Assets 2021: $486,584Liabilities 2021: $186,553Net Assets 2021: $300,0312021Assets 2022: $469,115Liabilities 2022: $133,542Net Assets 2022: $335,5732022Assets 2023: $570,107Liabilities 2023: $173,599Net Assets 2023: $396,5082023Assets 2024: $570,899Liabilities 2024: $167,190Net Assets 2024: $403,7092024

Highlighted filing

2021

Assets$486,584
Liabilities$186,553
Net Assets$300,031

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2013: $728,147Expenses 2013: $730,004Net Income 2013: -$1,8572013Revenue 2014: $658,227Expenses 2014: $700,660Net Income 2014: -$42,4332014Revenue 2015: $493,537Expenses 2015: $656,830Net Income 2015: -$163,2932015Revenue 2016: $626,379Expenses 2016: $603,310Net Income 2016: $23,0692016Revenue 2017: $675,271Expenses 2017: $643,604Net Income 2017: $31,6672017Revenue 2018: $555,683Expenses 2018: $539,074Net Income 2018: $16,6092018Revenue 2019: $563,045Expenses 2019: $632,800Net Income 2019: -$69,7552019Revenue 2020: $511,192Expenses 2020: $445,118Net Income 2020: $66,0742020Revenue 2021: $564,987Expenses 2021: $445,922Net Income 2021: $119,0652021Revenue 2022: $645,306Expenses 2022: $594,343Net Income 2022: $50,9632022Revenue 2023: $732,570Expenses 2023: $685,176Net Income 2023: $47,3942023Revenue 2024: $719,766Expenses 2024: $726,066Net Income 2024: -$6,3002024

Highlighted filing

2021

Revenue$564,987
Expenses$445,922
Net Income$119,065
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 10, 2022
Return Version
2021v4.2
Gross Receipts
$564,987
Mission and Program Overview

Mission

Arizona Forward brings business and civic leaders together to promote cooperative efforts to improve the environmental sustainability and economic vitality of our state and local regions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$123,039$275,160▲ $152,121
Investments Other Securities$130,739$150,893▲ $20,154
Accounts Receivable$41,150$4,650▼ $36,500
Land, Buildings, and Equipment, Net$1,187$985▼ $202
Total Assets$299,389$486,584▲ $187,195
Other Assets Total$3,274$54,896▲ $51,622
Liabilities
Deferred Revenue$117,246$183,956▲ $66,710
Accounts Payable and Accrued Expenses$4,364$2,597▼ $1,767
Other Liabilities$261--
Total Liabilities$121,871$186,553▲ $64,682
Net Assets / Fund Balance
Net Assets With Donor Restrictions$130,739$150,893▲ $20,154
Net Assets Without Donor Restrictions$46,779$149,138▲ $102,359
Total Net Assets Fund Balance$177,518$300,031▲ $122,513
Total Liabilities and Net Assets / Fund Balance$299,389$486,584▲ $187,195

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$887$6,785$7,672
Equipment$98$5,608$5,706
Other Assets Org$54,896--
Other Securities$150,893--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$130,739-▲ $21,353-$150,893
2020$121,225$1,800▲ $8,963-$130,739
2019$170,552$1,550▲ $20,781$70,000$121,225
2018$175,038$250▼ $3,007-$170,552
2017$153,184$1,375▲ $21,641-$175,038
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$508,760
Program Service Revenue
$38,315
Investment Income
$17,912
Other Revenue
$0
All Other Contributions
$89,780
Change in Net Assets
$119,065
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$295,137
Other Expenses$150,785
Total Fundraising Expense$94,638
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$92,799$23,200$38,666$154,665
Other Salaries and Wages$49,024$23,387$32,948$105,359
Occupancy$36,384$7,277$4,851$48,512
Conferences and Meetings$35,534$2,685$1,598$39,817
Office Expenses$16,371$8,578$6,306$31,255
Payroll Taxes$11,423$3,749$5,765$20,937
Fees for Services Other-$15,875-$15,875
Other Employee Benefits$6,596$3,147$4,433$14,176
Fees for Services Accounting-$11,165-$11,165
Insurance-$2,760-$2,760
Fees for Service Investment Mgmnt Fees-$1,199-$1,199
Depreciation Depletion$50$81$71$202
Total Functional Expenses$248,181$103,103$94,638$445,922
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
Yes
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 12

The Organization provides a copy of the conflict of interest policy to all employees and members of the Board of Directors. The members of the Board of Directors self-monitor for any conflict of interests and recuse themselves from voting on issues where a conflict of interest occurs.

Form 990, Part VI, Section B, Line 15

The Board of Directors compensation committee annually reviews and approves all compensation for the President and CEO and other officers or key employees of the Organization, if any. The Board of Directors compensation committee considers the compensation paid to officers and key employees of similar organizations as part of this annual analysis.

Form 990, Part VI, Section B, Line 11B

The President/CEO reveiws the Form 990 with the CPA preparing the return. The return is provided electronically to the Board of Directors.

Form 990, Part VI, Section C, Line 19

The organization provides a timely copy of all required public documents upon request at the organizations office.

Filing and Contact Details

Filer

Filer Name
Arizona Forward Association
EIN
23-7154678
Phone
6022402408
Address
3800 N Central Avenue APT 1030, Phoenix, AZ 85012

Signing Officer

Name
Lori Singleton
Title
CFO
Phone
6022402408
Signed
2022-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lori Singleton
Formed
1969
Legal Domicile
Az
Voting Board Members
29
Independent Board Members
29
Employees
6
Volunteers
245

Preparer

Firm
Sandra A Turner CPA PC
Address
7650 S McClintock Drive Ste 103-366, Tempe, AZ 85284
Preparer
Sandra A Turner
Phone
4806957699
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Arizona Forward brings business and civic leaders together to promote cooperative efforts to improve the environmental sustainability and economic vitality of our state and local regions. The vision of the organization is to mobilize the states business leaders and policy makers to leverage the collective power to influence how we best can grow our communities, stimulate our economy and enhance our environment. Critical objectives are to advocate for livable communities and environmental sustainability, to conduct programs that promote environmental consciousness, to improve the quality of life in Arizona, to support a competitive and positive business climate, and to provide financial stability and organizational growth. Arizona Forward exists to drive major initiatives that enhance quality of life, economic vitality and the long-term sustainability of Arizona. Now more than ever, as Arizona continues to grow and more people and businesses call Arizona home, it is important that we work together to protect our resources and communities. By creating vital strategic plans and initiatives today, we will ensure a vibrant, sustainable and economically sound future for all Arizonans. Arizona Forward, a non-profit, non-partisan member based organization, with over 50 years of experience, is leading the charge for sustainability in Arizona.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Lori Singleton
IRS990/Form990PartVIISectionAGrp/PersonNm1Jon Ford Vitalyst Health Foundation
IRS990/Form990PartVIISectionAGrp/PersonNm2Christopher Schmaltz
IRS990/Form990PartVIISectionAGrp/PersonNm3Willam Cobb Freeport McMoRan
IRS990/Form990PartVIISectionAGrp/PersonNm4Kathryn DeBoer WestGroup Research
IRS990/Form990PartVIISectionAGrp/PersonNm5Joanne Keene Coconino County
IRS990/Form990PartVIISectionAGrp/PersonNm6Kelly Barr SRP
IRS990/Form990PartVIISectionAGrp/PersonNm7Lauren Evans PInyon Environmental I
IRS990/Form990PartVIISectionAGrp/PersonNm8Aaron Melleur HDR Engineering Inc
IRS990/Form990PartVIISectionAGrp/PersonNm9Tim Kinney Kinney Construction Serv
IRS990/Form990PartVIISectionAGrp/PersonNm10Stephanie Healy Cox Communications
IRS990/Form990PartVIISectionAGrp/PersonNm11Mark Hartman City of Phoenix
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IRS990/Form990PartVIISectionAGrp/PersonNm13Hinrich Eylers University of Phoeni
IRS990/Form990PartVIISectionAGrp/PersonNm14Jan Lorant Gabor Lorant Architects
IRS990/Form990PartVIISectionAGrp/PersonNm15DeEtte Person Central Arizona Proje
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IRS990/Form990PartVIISectionAGrp/PersonNm17Aaron Blawn Intel
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IRS990/Form990PartVIISectionAGrp/PersonNm19Elizabeth Fretheim Nikola Motor Com
IRS990/Form990PartVIISectionAGrp/PersonNm20Bruce Hungate Northern Arizona Univ
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