NEW DIRECTIONS FOR ACADEMIC ADVANCEMENT

EIN: 020624529 501(c)(3) Education

Carlsbad, CA

Total Revenue
$37,728
Total Expenses
$52,199
Total Assets
$629,107
Net Assets
$629,107
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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
2002
Legal Domicile
CA
Principal Officer
Linda Gonzales
Tax Period
2020-07-01 to 2021-06-30

NEW DIRECTIONS FOR ACADEMIC ADVANCEMENT, founded in 2002, is a micro nonprofit in the Education sector that reported $38K in total revenue in fiscal year 2020. Revenue decreased 16% compared to the prior year. Expenses of $52K exceeded revenue, resulting in a 38% operating deficit.

Mission

Provide academic support for college and career education. Prepare and provide COVID home learning boxes for students. Provide on-line support for Chinese NDA English learning schools.

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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 (2020)

Revenue Breakdown

Contributions & Grants $16,530
Program Service Revenue $0
Investment Income $21,198
Other Revenue $0
TOTAL REVENUE $37,728

Expense Breakdown

Grants Paid $20,928
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $26,945
Other Expenses $31,271
TOTAL EXPENSES $52,199

Year-over-Year Comparison

2020 2019 Change
Revenue $37,728 $44,807 -0.2%
Expenses $52,199 $25,707 +1.0%
Net Income $-14,471 $19,100 -1.8%
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
1
Independent Members
1
Employees
N/A
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Linda Gonzales CEO 30.00
Officer Director
$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 $37,728 $52,199 $629,107 $-14,471
2020 $44,807 $25,707 $615,426 $19,100
2019 $49,794 $108,640 $614,612 $-58,846
2018 $24,307 $148,756 $653,884 $-124,449
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