NEW OPPORTUNITIES INC (EIN 066071847) - 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

1964

Legal Domicile

Principal Officer

MR WILLIAM RYBCZYK

Phone

2035759799

Tax Period

2023-11-01 to 2024-10-31

NEW OPPORTUNITIES INC, founded in 1964, is a mid-sized nonprofit that reported $42.0M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

TO IMPROVE THE QUALITY OF LIFE FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS.

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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 $39,761,925

Program Service Revenue $1,858,753

Investment Income $-11,674

Other Revenue $400,712

TOTAL REVENUE $42,009,716

Expense Breakdown

Grants Paid $19,255,333

Salaries & Benefits $13,351,367

Fundraising Expenses $0

Program Expenses $40,023,454

Other Expenses $9,643,283

TOTAL EXPENSES $42,249,983

Year-over-Year Comparison

	2023	2022	Change
Revenue	$42,009,716	$45,934,854	-0.1%
Expenses	$42,249,983	$45,779,180	-0.1%
Net Income	$-240,267	$155,674	-2.5%

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

598

Volunteers

332

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

$576,017

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM R RYBCZYK	PRESIDENT/CEO	40.00	Officer	$267,048	$14,477	$281,525
MARK E KOVITCH CPA	CFO	40.00	Officer	$148,405	$29,400	$177,805
OMAR ANDUJOR	CHIEF ADMINISTRATIVE OFFIC	40.00	Officer	$116,169	$518	$116,687
JOANNE BALASCHAK	DIRECTOR OF ENERGY SERVICE	40.00	Highest	$141,535	$7,697	$149,232
JAMES H GATLING PHD	FORMER PRESIDENT/CEO	1.00		$100,009	$51	$100,060
MELISSA GREEN	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
BELINDA WEAVER	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
VICTOR LOPEZ	TREASURER	1.00	Officer Director	$0	$0	$0
MARITZA RIVERA	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN BURRUS	DIRECTOR	1.00	Director	$0	$0	$0
DORA BENNETT	DIRECTOR	1.00	Director	$0	$0	$0
MARY CONKLIN	DIRECTOR	1.00	Director	$0	$0	$0
DENEEN FRYER	DIRECTOR	1.00	Director	$0	$0	$0
JOYCE KENNEDY JONES	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL FLANAGAN	DIRECTOR	1.00	Director	$0	$0	$0
GAYLYNN HADLEY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
MICHELE SAAVEDRA-SLAPPEY	DIRECTOR	1.00	Director	$0	$0	$0
ROSA CARLASCIO	DIRECTOR	1.00	Director	$0	$0	$0
CHELSEY HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
ALICIA DEBARROWS	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA HURLEY	DIRECTOR	1.00	Director	$0	$0	$0
SONYA JELKS	DIRECTOR	1.00	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	$42,009,716	$42,249,983	$16,308,791	$-240,267
2023	$45,934,854	$45,779,180	$15,433,002	$155,674
2022	$47,240,865	$47,290,011	$13,509,007	$-49,146
2021	$43,801,521	$41,747,027	$9,496,860	$2,054,494
2020	$37,123,244	$35,318,180	$8,781,118	$1,805,064
2019	$32,066,917	$32,476,737	$7,339,931	$-409,820
2018	$30,864,740	$30,990,736	$8,291,781	$-125,996

NEW OPPORTUNITIES INC