NEW LEADERS INC (EIN 043519203) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

JEAN DESRAVINES

Phone

6467921070

Tax Period

2023-07-01 to 2024-06-30

NEW LEADERS INC, founded in 2000, is a mid-sized nonprofit in the Education sector that reported $24.9M in total revenue in fiscal year 2023. Expenses of $33.2M exceeded revenue, resulting in a 33% operating deficit.

Mission

SEE PART III, LINE 1.

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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 (2023)

Revenue Breakdown

Contributions & Grants $14,685,270

Program Service Revenue $9,407,485

Investment Income $639,773

Other Revenue $159,950

TOTAL REVENUE $24,892,478

Expense Breakdown

Grants Paid $1,402,761

Salaries & Benefits $20,663,453

Fundraising Expenses $1,284,906

Program Expenses $25,980,142

Other Expenses $11,132,982

TOTAL EXPENSES $33,199,196

Year-over-Year Comparison

	2023	2022	Change
Revenue	$24,892,478	$24,961,115	0.0%
Expenses	$33,199,196	$33,852,401	0.0%
Net Income	$-8,306,718	$-8,891,286	-0.1%

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

150

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

$1,740,135

Total Directors

$849,944

Key Employees

$2,519,328

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEAN DESRAVINES	CEO & BOARD MEMBER	50.00	Officer Director	$762,853	$87,091	$849,944
TED COLBERT	BOARD CHAIR	0.40	Officer Director	$0	$0	$0
NAOMI SELIGMAN	BOARD VICE-CHAIR - TIL 02/24	0.40	Officer Director	$0	$0	$0
BARBARA HYDE	BOARD MEMBER	0.40	Director	$0	$0	$0
MIKE JOHNSTON	BOARD MEMBER	0.40	Director	$0	$0	$0
TRIPP JONES	BOARD MEMBER	0.40	Director	$0	$0	$0
JOSH LEWIS	BOARD MEMBER - TIL 10/23	0.40	Director	$0	$0	$0
MARTIN LIPPERT	BOARD MEMBER	0.40	Director	$0	$0	$0
LINNEA ROBERTS	BOARD MEMBER	0.40	Director	$0	$0	$0
JONATHAN SCHNUR	BOARD MEMBER	0.40	Director	$0	$0	$0
MARK WILKINS	BOARD MEMBER	0.40	Director	$0	$0	$0
STEVE WHITE	BOARD MEMBER - TIL 12/23	0.40	Director	$0	$0	$0
LAURA KADETSKY CHIEF ADMIN	OFF., GEN COUNS./SECR., INT. TREAS.	40.00	Officer	$391,885	$24,352	$416,237
NOAH WEPMAN CHIEF FIN AND	GROWTH OFF., TREASURER - TIL 09/23	40.00	Officer	$255,775	$20,520	$276,295
DANIEL CORDOVA SR EXEC DIR	FINANCE & TREASURER - TIL 03/24	40.00	Officer	$174,849	$22,810	$197,659
MICHELE CARACAPPA CHIEF PROG	OFF./SR ADV. TO THE CEO - TIL 06/24	40.00	Key Emp	$405,433	$26,223	$431,656
JOHN JENKINS	CHIEF PROGRAM & IMPLEMENTATION OFF.	40.00	Key Emp	$388,418	$27,464	$415,882
TARYN WATERS	CHIEF EXTERNAL RELATIONS OFFICER	40.00	Key Emp	$383,479	$27,464	$410,943
MIATA FULLER CHIEF OF STAFF	TO THE CEO & ORG'L DEV. OFFICER	40.00	Key Emp	$326,570	$27,361	$353,931
DENISE CORBETT DENNIS	CHIEF NAT'L ASPIRING PRINCIPALS OFF.	40.00	Key Emp	$322,804	$24,621	$347,425
JACQUELINE GRAN CHIEF POLICY	AND EVALUATION OFFICER - TIL 06/24	20.00	Key Emp	$286,387	$23,562	$309,949
SONIA BEATTY	SENIOR ADVISOR TO THE CEO	20.00	Key Emp	$225,221	$24,321	$249,542
RICK CUSICK	DEPUTY CHIEF OFFICER, TECHNOLOGY	40.00	Highest	$309,681	$26,854	$336,535
MICHELLE PIERRE-FARID NAT'L SR	EXEC DIR, STRAT. DISTRICT CONSULTING	40.00	Highest	$285,771	$26,137	$311,908
MARIA ESPONDA-MEDINA	NAT'L SR EXEC DIR, EXEMPLAR SITES	40.00	Highest	$250,779	$25,087	$275,866
ALEX ELSON	EXECUTIVE DIR., K-12 PARTNERSHIPS	40.00	Highest	$238,744	$24,726	$263,470
WENDY PERDOMO SR EXEC DIR	ORG-WIDE PROF. DEVEL. AND EQUITY	40.00	Highest	$240,978	$17,564	$258,542

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
2025	No data	No data	No data	No data
2024	$24,892,478	$33,199,196	$38,621,440	$-8,306,718
2023	$24,961,115	$33,852,401	$43,432,255	$-8,891,286
2022	$51,082,057	$29,598,585	$51,919,940	$21,483,472
2021	$21,184,932	$27,274,939	$33,097,729	$-6,090,007
2020	$26,661,210	$23,908,079	$37,022,082	$2,753,131
2019	$30,370,830	$26,699,740	$33,296,328	$3,671,090
2018	$25,520,257	$26,277,327	$28,953,775	$-757,070

NEW LEADERS INC