NEW DAY CHARTER SCHOOL (EIN 050554718) - 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

2003

Legal Domicile

Principal Officer

JAMES FOSTER

Phone

8145422501

Tax Period

2024-07-01 to 2025-06-30

NEW DAY CHARTER SCHOOL, founded in 2003, is a community nonprofit in the Education sector that reported $3.4M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

TO ENHANCE AND EXPAND TRADITIONAL EDUCATIONAL OPPORTUNITIES.

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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 $452,588

Program Service Revenue $2,916,335

Investment Income $74,361

Other Revenue $4,795

TOTAL REVENUE $3,448,079

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,759,642

Fundraising Expenses $0

Program Expenses $2,676,477

Other Expenses $966,322

TOTAL EXPENSES $3,725,964

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,448,079	$4,043,217	-0.1%
Expenses	$3,725,964	$3,736,762	0.0%
Net Income	$-277,885	$306,455	-1.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL BERGER	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROLYN PAYNE	BOARD MEMBER	1.00	Director	$0	$0	$0
JANICE METZGAR	TREASURER	1.00	Officer	$0	$0	$0
DEBORAH GOODMAN	SECRETARY	1.00	Officer	$0	$0	$0
RICHARD DAUBERT	VICE PRESIDENT	1.00	Officer	$0	$0	$0
JAMES FOSTER	PRESIDENT	1.00	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
2025	$3,448,079	$3,725,964	$4,337,035	$-277,885
2024	$4,043,217	$3,736,762	$5,210,154	$306,455
2023	$3,779,539	$3,354,447	$4,268,090	$425,092
2022	$3,596,798	$2,915,898	$4,225,751	$680,900
2021	$2,885,207	$3,025,862	$3,345,350	$-140,655
2020	$2,681,811	$2,783,473	$2,908,114	$-101,662
2019	$2,983,555	$2,944,942	$3,240,482	$38,613

NEW DAY CHARTER SCHOOL