NEW ECONOMY COALITION 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

1980

Legal Domicile

Principal Officer

BRYANA DIFONZO

Phone

7165975419

Tax Period

2024-01-01 to 2024-12-31

NEW ECONOMY COALITION INC, founded in 1980, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $2.4M exceeded revenue, resulting in a 16% operating deficit.

Mission

NEW ECONOMY COALITION EXISTS TO SUPPORT A JUST TRANSITION FROM AN EXTRACTIVE TO A REGENERATIVE ECONOMY BY BUILDING THE SCALE AND POWER OF THE SOLIDARITY ECONOMY MOVEMENT IN BLACK, INDIGENOUS, AND WORKING CLASS COMMUNITIES IN EVERY REGION OF THE UNITED STATES.

Program Service Accomplishments

Program 1

Expenses: $2,046,506 Revenue: $4,059

NEW ECONOMY COALITION ORGANIZES A NETWORK OF OVER 200 ORGANIZATIONS IMAGINING AND BUILDING JUST ECONOMIES THAT PLACE POWER IN THE HANDS OF PEOPLE AND UPROOT LEGACIES OF HARM. WE'RE DRIVEN BY A BELIEF THAT ALL OUR STRUGGLES - FOR RACIAL, ECONOMIC, AND CLIMATE JUSTICE; FOR TRUE DEMOCRATIC GOVERNANCE AND COMMUNITY OWNERSHIP; FOR PROSPERITY ROOTED IN INTERDEPENDENCE WITH THE EARTH'S NATURAL SYSTEMS - ARE DEEPLY INTERCONNECTED. RISING TO THE CHALLENGE OF BUILDING A BETTER WORLD DEMANDS THAT WE FUNDAMENTALLY TRANSFORM OUR ECONOMIC AND POLITICAL SYSTEMS.WE CONNECT OUR MEMBER ORGANIZATIONS WORKING ACROSS ISSUES AND MOVEMENTS SO THEY CAN COLLABORATE, SHARE SKILLS, AND PROVIDE MUTUAL AID.WE REGULARLY SOLICIT FEEDBACK FROM OUR MEMBERS AND PROVIDE TRAININGS AND TOOLS BASED ON THE NEEDS AND INTERESTS OUR MEMBERS EXPRESS.WE RESOURCE GRASSROOTS GROUPS DEEPLY IMPACTED BY INJUSTICE AND ENVIRONMENTAL DESTRUCTION AND WHO ARE DEVELOPING CUTTING-EDGE JUST, DEMOCRATIC, SUSTAINABLE STRATEGIES AND SOLUTIONS.WE BUILD MOMENTUM FOR OUR MEMBERS' ACTIONS, INITIATIVES, AND CAMPAIGNS THROUGHWIDE-REACHING, EFFECTIVE COMMUNICATIONS.WE HOLD LARGE CROSS-ISSUE, CROSS-MOVEMENT SKILL-BUILDING, CONNECTION-BUILDING, AND KNOWLEDGE-BUILDING GATHERINGS THAT ARE OPEN TO EVERYONE INVESTED IN A JUST TRANSITION TO A SUSTAINABLE WORLD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,037,107

Program Service Revenue $4,059

Investment Income $32,893

Other Revenue $0

TOTAL REVENUE $2,074,059

Expense Breakdown

Grants Paid $407,682

Salaries & Benefits $1,560,806

Fundraising Expenses $177,505

Program Expenses $2,046,506

Other Expenses $447,035

TOTAL EXPENSES $2,415,523

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,074,059	$2,551,393	-0.2%
Expenses	$2,415,523	$2,272,840	+0.1%
Net Income	$-341,464	$278,553	-2.2%

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

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

$120,228

Total Directors

$10,625

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRYANA DIFONZO	ORGANIZATIONAL RESILIENCE DIRECTOR	35.00	Officer	$85,006	$35,222	$120,228
SHARDE NABORS	RESOURCE REDISTRIBUTION DI	35.00	Highest	$120,235	$23,395	$143,630
BELEN MARCO CRISPO	NARRATIVE STRATEGY DIRECTOR	35.00	Highest	$100,117	$13,169	$113,286
MARSHA JACKSON	CO-CHAIR	1.00	Officer Director	$0	$0	$0
YVONNE YEN LIU	CO-CHAIR	1.00	Officer Director	$0	$0	$0
HENDRIX BERRY	CO-TREASURER	1.00	Officer Director	$0	$0	$0
DAVID FERRIS	CO-TREASURER	1.00	Officer Director	$0	$0	$0
MIKE STRODE	SECRETARY	1.00	Officer Director	$0	$0	$0
YUKI KIDOKORO	DIRECTOR	0.50	Director	$0	$0	$0
STACEY SUTTON	DIRECTOR	0.50	Director	$0	$0	$0
MARGO DALAL	DIRECTOR	0.50	Director	$1,500	$0	$1,500
SUPARNA KURE	DIRECTOR	1.00	Director	$1,925	$0	$1,925
EMILIE MIYUACHI	DIRECTOR	1.00	Director	$7,200	$0	$7,200
AYUSHI VIG	DIRECTOR	1.00	Director	$0	$0	$0
LIBBIE COHN	DIRECTOR	0.50	Director	$0	$0	$0
MEKYAH DAVIS	DIRECTOR	0.50	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
2024	$2,074,059	$2,415,523	$2,046,270	$-341,464
2023	$2,551,393	$2,272,840	$2,471,375	$278,553
2022	$2,415,370	$2,003,560	$2,276,177	$411,810
2021	$2,011,256	$1,228,461	$1,630,247	$782,795
2020	$1,200,947	$1,057,127	$697,774	$143,820
2019	$1,340,186	$1,057,820	$569,144	$282,366
2018	$1,357,558	$1,245,609	$287,142	$111,949
2017	$1,119,666	$1,125,271	$231,448	$-5,605