NEW HOPE DAY CARE INC

EIN: 113455907 501(c)(3) Philanthropy & Grantmaking

BROOKLYN, NY

Total Revenue
$65,153
Total Expenses
$98,251
Total Assets
$35,296
Net Assets
$-211,714
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NY
Principal Officer
MARLENE MOHAN
Tax Period
2019-09-01 to 2020-08-31

NEW HOPE DAY CARE INC, founded in 2000, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $65K in total revenue in fiscal year 2019. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $98K exceeded revenue, resulting in a 51% operating deficit.

Mission

TO PROVIDE CHILD CARE SERVICES FOR CHILDREN, ENABLING THE PARENT TO WORK OR STUDY.THE ORGANIZATION AIMS TO DEVELOP THE SOCIAL, PHYSICAL,INTELLECTUAL, CREATIVE, COGNITIVE AND EMOTIONAL GROWTH IN EACH CHILD AS AN INDIVIDUAL, LEAVING NO CHILD BEHIND

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $65,153
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $65,153

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,110
Fundraising Expenses $0
Program Expenses $98,251
Other Expenses $66,141
TOTAL EXPENSES $98,251

Year-over-Year Comparison

2019 2018 Change
Revenue $65,153 $129,842 -0.5%
Expenses $98,251 $160,922 -0.4%
Net Income $-33,098 $-31,080 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
4
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARLENE MOHAN DIRECTOR 40.00
Officer
$0 $0 $0
GREGORY SIMMONS TREASURER 0.00
Officer
$0 $0 $0
DEBORAH DANIEL SECRETARY 0.00
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
2020 $65,153 $98,251 $35,296 $-33,098
2019 $129,842 $160,922 $40,990 $-31,080
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NEW HOPE DAY CARE INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.