NEWPORT, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LA FARGE FOUNDATION OF NEWPORT, founded in 1995, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $35K in total revenue in fiscal year 2023. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $570K exceeded revenue, resulting in a 1526% operating deficit.
TO SUPPORT PRESERVATION OF NEWPORT CONGREGATIONAL CHURCH AND ITS UNIQUE INTERIOR MURALS AND OPALESCENT GLASS WINDOWS DESIGNED BY AMERICAN ARTIST JOHN LA FARGE (1835-1910) AND TO ENSURE THAT THE CHURCH BUILDING IS SOUND AND THAT THE INTERIOR, UNIQUELY INTEGRATED AND DESIGNED, IS PRESERVED AND ACCESSIBLE TO THE PUBLIC AS A VALUED EDUCATIONAL AND ARTS RESOURCE AND A TREASURED PART OF THE RICH HISTORICAL AND CULTURAL PATRIMONY OF NEWPORT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $35,064 | $844,923 | -1.0% |
| Expenses | $570,234 | $663,261 | -0.1% |
| Net Income | $-535,170 | $181,662 | -3.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PAUL MILLER | PRESIDENT | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| MOLLY SEXTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL KATHRENS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW LONG | DIRECTOR | 5.00 |
Director
|
$19,903 | $0 | $19,903 |
| MOHAMAD FARZAN | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| DORIENNE FARZAN | DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DICK LYNN | DIRECTOR | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $35,064 | $570,234 | $507,848 | $-535,170 |
| 2022 | $844,923 | $663,261 | $1,049,018 | $181,662 |
| 2021 | $343,737 | $135,362 | $867,357 | $208,375 |
| 2020 | $376,996 | $86,582 | $658,982 | $290,414 |
| 2019 | $81,452 | $245,292 | $368,569 | $-163,840 |
| 2018 | $335,107 | $491,310 | $532,408 | $-156,203 |
Compare LA FARGE FOUNDATION OF NEWPORT with other nonprofits in Rhode Island and across the country.