NEW ALTERNATIVES FOR CHILDREN INC (EIN 133149298) - 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

1982

Legal Domicile

Principal Officer

DAVID GOLDSTEIN

Phone

2126961550

Tax Period

2023-07-01 to 2024-06-30

NEW ALTERNATIVES FOR CHILDREN INC, founded in 1982, is a mid-sized nonprofit that reported $35.1M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

OPENING DOORS TO CHILDREN WITH SPECIAL HEALTHCARE NEEDS

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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 $10,771,039

Program Service Revenue $24,518,074

Investment Income $868

Other Revenue $-187,691

TOTAL REVENUE $35,102,290

Expense Breakdown

Grants Paid $4,810,310

Salaries & Benefits $22,159,317

Fundraising Expenses $987,810

Program Expenses $30,892,472

Other Expenses $9,072,376

TOTAL EXPENSES $36,042,003

Year-over-Year Comparison

	2023	2022	Change
Revenue	$35,102,290	$37,837,731	-0.1%
Expenses	$36,042,003	$37,306,749	0.0%
Net Income	$-939,713	$530,982	-2.8%

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

469

Volunteers

352

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

$680,604

Total Directors

Key Employees

$283,348

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID SORKIN	PRESIDENT	3.00	Officer Director	$0	$0	$0
VIVIAN FARAH	VICE PRESIDENT	1.50	Officer Director	$0	$0	$0
JONATHAN KNEE	VICE PRESIDENT	1.50	Officer Director	$0	$0	$0
MARK FITZPATRICK	TREASURER	1.50	Officer Director	$0	$0	$0
FERN KHAN	SECRETARY	0.50	Officer Director	$0	$0	$0
STEVEN AMATO	DIRECTOR	1.00	Director	$0	$0	$0
TERRI AUSTIN	DIRECTOR	1.50	Director	$0	$0	$0
BRYAN BELLER	DIRECTOR	0.50	Director	$0	$0	$0
MARIAN BOTT	DIRECTOR	0.50	Director	$0	$0	$0
HAZEL CARTER	DIRECTOR	0.50	Director	$0	$0	$0
LISA CLYDE	DIRECTOR	0.50	Director	$0	$0	$0
ASHLEY DAVIS	DIRECTOR	0.50	Director	$0	$0	$0
PASCAL DESROCHES	DIRECTOR	0.50	Director	$0	$0	$0
ADAM EPSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
NANCY FELSTEN	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT FRIEDMAN	PRESIDENT EMERITUS	1.50	Director	$0	$0	$0
JILL GARNER	DIRECTOR	1.50	Director	$0	$0	$0
SUSAN GEVERTZ	DIRECTOR	0.50	Director	$0	$0	$0
JOSEPH IANNIELLO	DIRECTOR	0.50	Director	$0	$0	$0
RONALD IERVOLINO	DIRECTOR	0.50	Director	$0	$0	$0
MARK KAPLAN	DIRECTOR	0.50	Director	$0	$0	$0
MICHELLE KIM	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT MARCUS	DIRECTOR	1.50	Director	$0	$0	$0
ADAM MILLER	DIRECTOR	0.50	Director	$0	$0	$0
THOMAS NEWMAN	DIRECTOR	0.50	Director	$0	$0	$0
LAURA PARSONS	DIRECTOR	0.50	Director	$0	$0	$0
ALLISON PENN	DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER PERKINS	DIRECTOR	1.50	Director	$0	$0	$0
ELIZABETH PFORZHEIMER	FOUNDING PRESIDENT	1.50	Director	$0	$0	$0
EUGENE PINOVER	DIRECTOR	2.00	Director	$0	$0	$0
SAM RAMOS	DIRECTOR	0.50	Director	$0	$0	$0
GLENN RUFRANO	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT SCHUMER	DIRECTOR	0.50	Director	$0	$0	$0
MERYL SHERMAN	DIRECTOR	0.50	Director	$0	$0	$0
TARYN SIGLAIN	DIRECTOR	0.50	Director	$0	$0	$0
THOMAS UGER	DIRECTOR	0.50	Director	$0	$0	$0
NICOLE WASHINGTON	DIRECTOR	0.50	Director	$0	$0	$0
ARLENE GOLDSMITH	EXEC DIR (FOUNDER FROM 3/2024)	35.00	Officer	$403,311	$30,565	$433,876
DAVID GOLDSTEIN	COO (EXEC DIR FROM 3/2024)	35.00	Officer	$211,014	$35,714	$246,728
KHALID KHAN	DIRECTOR OF MENTAL HEALTH	35.00	Key Emp	$262,212	$21,136	$283,348
ALEX OKUN	MEDICAL DIRECTOR	35.00	Highest	$215,220	$2,414	$217,634
TARA RICHARDSON	PSYCHIATRIC PNP	35.00	Highest	$147,152	$10,555	$157,707
JENNY TRASLAVINA	DIR DVELOPMENT	35.00	Highest	$133,928	$15,719	$149,647
DAWN SHAMMAS	DIRECTOR, LEGAL SERVICES	35.00	Highest	$138,754	$34,807	$173,561
PATRICIA BRYANT REID	ASSOC EXEC. DIR	35.00	Highest	$132,163	$13,779	$145,942

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	$35,102,290	$36,042,003	$81,895,070	$-939,713
2023	$37,837,731	$37,306,749	$83,202,447	$530,982
2022	$35,313,076	$29,486,340	$18,722,181	$5,826,736
2021	$29,422,220	$27,641,565	$14,403,157	$1,780,655
2020	$31,100,725	$27,675,922	$16,721,551	$3,424,803
2019	$24,445,913	$25,754,510	$8,901,063	$-1,308,597
2018	$23,557,749	$23,129,504	$10,196,259	$428,245

NEW ALTERNATIVES FOR CHILDREN INC