New Europe Communication NFP

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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

2004

Legal Domicile

Principal Officer

John Handelsman

Phone

5132660419

Tax Period

2025-01-01 to 2025-10-31

New Europe Communication NFP, founded in 2004, is a small nonprofit that reported $172K in total revenue in fiscal year 2025. Revenue surged 160% from the prior year, signaling strong growth momentum. Expenses of $601K exceeded revenue, resulting in a 249% operating deficit.

Mission

To evangelize, train and disciple people worldwide, with emphasis on Poland and neighboring countries.

Program Service Accomplishments

Program 1

Expenses: $290,000

Grant to foreign charitable organization, designated for charitable and religious purposes, including Christian evangelism in Poland.

Program 2

Expenses: $290,000

Grants to foreign charitable organization in Poland for humanitarian relief in non-occupied/non-sanctioned parts of Ukraine.

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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 (2025)

Revenue Breakdown

Contributions & Grants $167,000

Program Service Revenue $0

Investment Income $5,478

Other Revenue $0

TOTAL REVENUE $172,478

Expense Breakdown

Grants Paid $580,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $580,000

Other Expenses $21,283

TOTAL EXPENSES $601,283

Year-over-Year Comparison

	2025	2024	Change
Revenue	$172,478	$66,281	+1.6%
Expenses	$601,283	$90,559	+5.6%
Net Income	$-428,805	$-24,278	+16.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Henryk Krol	Director	5.00	Director	$0	$0	$0
William Hightower	Director	2.00	Director	$0	$0	$0
John Handelsman	Chairman	8.00	Officer Director	$0	$0	$0
Keith Sparzak	Director	2.00	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
2025	$172,478	$601,283	No data	$-428,805
2024	No data	No data	No data	No data
2024	$66,281	$90,559	$428,805	$-24,278
2023	$218,728	$116,018	$453,083	$102,710
2022	$784,557	$1,136,640	$350,374	$-352,083
2021	$1,356,684	$656,753	$702,457	$699,931
2020	$237,552	$235,174	$2,526	$2,378
2019	$333,307	$334,175	$148	$-868
2018	$274,241	$280,193	$1,016	$-5,952