NEAR EAST AREA RENEWAL INC (EIN 200146547) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

EMILY SCOTT

Phone

3179416327

Tax Period

2024-07-01 to 2025-06-30

NEAR EAST AREA RENEWAL INC, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $977K in total revenue in fiscal year 2024. Revenue surged 122% from the prior year, signaling strong growth momentum. The organization ran a surplus of $168K, a strong 17% operating margin.

Mission

NEAR EAST AREA RENEWAL ("NEAR") DEVELOPS COMMUNITY BY CREATING GREAT PLACES WITH NEIGHBORS. WE EXPRESS THIS MISSION THROUGH EQUITABLE HOUSING, NEIGHBORHOOD RENEWAL, CREATIVE PLACEMAKING, ECONOMIC DEVELOPMENT, AND ENVIRONMENTAL JUSTICE. WE WORK WITH NEIGHBORS AND BRING PEOPLE TOGETHER TO ADDRESS LOCAL QUALITY OF LIFE CHALLENGES.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $916,264

Program Service Revenue $10,000

Investment Income $12,894

Other Revenue $38,051

TOTAL REVENUE $977,209

Expense Breakdown

Grants Paid $0

Salaries & Benefits $314,123

Fundraising Expenses $16,245

Program Expenses $571,516

Other Expenses $495,148

TOTAL EXPENSES $809,271

Year-over-Year Comparison

	2024	2023	Change
Revenue	$977,209	$439,412	+1.2%
Expenses	$809,271	$708,762	+0.1%
Net Income	$167,938	$-269,350	-1.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$165,233

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RACHEL CHAPPELL	SECRETARY	3.00	Officer Director	$0	$0	$0
ALICIA BAKER	DIRECTOR	1.00	Director	$0	$0	$0
RENEE DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
DESMA BELSAAS	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL GOMEZ	DIRECTOR	1.00	Director	$0	$0	$0
EMILY DUNCAN	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW KAERCHER	TREASURER	3.00	Officer Director	$0	$0	$0
J ANDREW KIENLE	CHAIR	3.00	Officer Director	$0	$0	$0
JIM BOWDEN	DIRECTOR	1.00	Director	$0	$0	$0
MARISOL GOUVEIA	VICE CHAIR	3.00	Officer Director	$0	$0	$0
AMANDA WISHIN	DIRECTOR	1.00	Director	$0	$0	$0
ROSS PIPPIN	DIRECTOR	1.00	Director	$0	$0	$0
EAVAN SHAW-RODRIGUEZ	DIRECTOR	1.00	Director	$0	$0	$0
JAMES TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
EMILY SCOTT	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$0
JOHN FRANKLIN HAY	PRIOR EXECUTIVE DIRECTOR	40.00	Officer	$88,305	$66	$88,371
JOE SMOKER	INTERIM EXECUTIVE DIRECTOR	40.00	Officer	$71,566	$5,296	$76,862

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	$977,209	$809,271	$5,107,748	$167,938
2024	$439,412	$708,762	$4,315,445	$-269,350
2023	$600,174	$747,049	$4,648,570	$-146,875
2022	$993,916	$730,514	$5,123,565	$263,402
2021	$769,880	$715,543	$4,561,591	$54,337
2020	$2,378,738	$718,056	$5,506,906	$1,660,682

NEAR EAST AREA RENEWAL INC