NEW CREATION FOUNDATION INC (EIN 200151111) - 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

BISHOP CHARLES W PINK II

Tax Period

2023-01-01 to 2023-12-31

NEW CREATION FOUNDATION INC, founded in 2003, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 8% surplus.

Mission

OPERATION OF CHILD CARE CENTERS WITH EDUCATIONAL AND CHARITABLE PROGRAMS FOR CHILDREN OF EVERY RACE,NATIONALITY, CREED, GENDER, ECONOMIC STATUS, CULTURAL HERITAGE AND SEXUAL ORIENTATION WITHOUT REGARD FOR ANY DISABILITIES.

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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 $168,355

Program Service Revenue $960,743

Investment Income $0

Other Revenue $65,485

TOTAL REVENUE $1,194,583

Expense Breakdown

Grants Paid $7,174

Salaries & Benefits $695,587

Fundraising Expenses $0

Program Expenses $945,414

Other Expenses $392,028

TOTAL EXPENSES $1,094,789

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,194,583	$1,006,757	+0.2%
Expenses	$1,094,789	$865,240	+0.3%
Net Income	$99,794	$141,517	-0.3%

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

$45,640

Total Directors

$138,760

Key Employees

$60,280

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOLLIE PINK HARRISON	DIRECTOR	40.00	Director Key Emp	$60,280	$0	$60,280
BISHOP CHARLES W PINK II	PRESIDENT	24.00	Officer Director	$45,640	$0	$45,640
DOROTHY PINK	DIRECTOR	33.00	Director	$32,840	$0	$32,840
ATTORNEY CLIFFORD HEATON	DIRECTOR	2.00	Director	$0	$0	$0
BISHOP CHARLES W PINK II	TREASURER	8.00	Director	$0	$0	$0
BISHOP CHARLES W PINK II	DIRECTOR	8.00	Director	$0	$0	$0
DOROTHY PINK	CLERK	7.00	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
2024	No data	No data	No data	No data
2023	$1,194,583	$1,094,789	$2,415,393	$99,794
2023	$1,040,523	$1,094,789	$2,261,333	$-54,266
2022	$1,006,757	$865,240	$2,408,299	$141,517
2021	$894,743	$819,954	$2,412,807	$74,789
2020	$991,078	$868,009	$1,909,284	$123,069
2019	$739,536	$792,153	$1,734,764	$-52,617
2018	$424,528	$389,938	$1,713,447	$34,590

NEW CREATION FOUNDATION INC