New Generation Inc

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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

1987

Legal Domicile

Principal Officer

Julie Baliey

Phone

6034364989

Tax Period

2020-07-01 to 2021-05-30

New Generation Inc, founded in 1987, is a small nonprofit that reported $682K in total revenue in fiscal year 2020. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $158K, a strong 23% operating margin.

Mission

We provide a safe, family-oriented shelter for homeless pregnant women and mothers with babies and children, helping to prepare and empower them to be successful in life.

Program Service Accomplishments

Program 1

Expenses: $368,172 Revenue: $17,966

Providing shelter and care to pregnant and homeless women regardless of race, religion, disability or economic status. In the last fiscal year, we served 55 women and children.New Generation will...

Providing shelter and care to pregnant and homeless women regardless of race, religion, disability or economic status. In the last fiscal year, we served 55 women and children.New Generation will continue its mission as long as there is a need in the community. We will continue to be an all-encompassing program that not only provides a warm bed and a healthy meal, but also a holistic approach to combating poverty, homelessness, and child abuse and neglect. We will continue to ensure that every woman receives proper pre-natal care. We will continue to provide parenting education, case management, life-skills coaching, and transportation - all in an effort to create self-sustaining family units that are healthy and functional.

Program 2

Revenue: $-44,174

Operations of a thrift shop located in Greenland, New Hampshire. Merchandise is donated by the public. Staffing is both paid employees and volunteers. Residents also work in the shops.Total gross...

Operations of a thrift shop located in Greenland, New Hampshire. Merchandise is donated by the public. Staffing is both paid employees and volunteers. Residents also work in the shops.Total gross receipts from the thrift shop during the fiscal year were $135,256 and related expenses totaled $92,573, resulting in a net gain of $42,682. IRS filing instructions stipulate that donations are to be reported on Form 990, Part VIII, Line 1, and a significant portion of New Generation's revenue related to the thrift shop is contributed noncash items. Therefore, the organization's program service revenue related to the operation of its thrift shops as shown in Part III and Part VIII is net of $86,857 of reallocated cash and in-kind donations. This reallocation presents as a loss of $44,174.

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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 (2020)

Revenue Breakdown

Contributions & Grants $693,598

Program Service Revenue $17,966

Investment Income $15,105

Other Revenue $-44,174

TOTAL REVENUE $682,495

Expense Breakdown

Grants Paid $0

Salaries & Benefits $367,496

Fundraising Expenses $53,754

Program Expenses $368,172

Other Expenses $156,679

TOTAL EXPENSES $524,175

Year-over-Year Comparison

	2020	2019	Change
Revenue	$682,495	$455,224	+0.5%
Expenses	$524,175	$484,308	+0.1%
Net Income	$158,320	$-29,084	-6.4%

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

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

Total Directors

$1,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jennifer Stout	Director	1.00	Director	$1,600	$0	$1,600
Bria Day	Director	1.00	Director	$0	$0	$0
Dennis Malloy	Director	1.00	Director	$0	$0	$0
Dr Sonja Nelson	Director	1.00	Director	$0	$0	$0
Julie Bailey	President	2.00	Officer Director	$0	$0	$0
Diane Withee	Treasurer	2.00	Officer Director	$0	$0	$0
Kathleen Kilgore	Secretary	2.00	Officer Director	$0	$0	$0
Elsy Ciprani	Executive Director (start Jan 2021)	40.00	Officer	$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
2021	$682,495	$524,175	No data	$158,320
2020	$455,224	$484,308	$659,591	$-29,084
2019	$479,410	$423,090	$636,843	$56,320
2018	$396,515	$382,549	$589,490	$13,966