New Europe Vision Inc (EIN 223348749) - 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

1993

Legal Domicile

Principal Officer

Peter Kuzmic

Phone

9785732301

Tax Period

2023-01-01 to 2023-12-31

New Europe Vision Inc, founded in 1993, is a micro nonprofit in the Human Services sector that reported $59K in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $220K exceeded revenue, resulting in a 272% operating deficit.

Mission

Statement 1

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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 $58,863

Program Service Revenue $0

Investment Income $415

Other Revenue $0

TOTAL REVENUE $59,278

Expense Breakdown

Grants Paid $210,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $210,000

Other Expenses $10,274

TOTAL EXPENSES $220,274

Year-over-Year Comparison

	2023	2022	Change
Revenue	$59,278	$296,659	-0.8%
Expenses	$220,274	$141,490	+0.6%
Net Income	$-160,996	$155,169	-2.0%

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
Peter Kuzmic PhD	President & Director	5.00	Officer Director	$0	$0	$0
Ray E Hendrickson	Treasurer & Director	0.50	Officer Director	$0	$0	$0
Robert D Hoskins DMin	Director & Board Chair	0.50	Director	$0	$0	$0
James Manganello PhD	Director	0.50	Director	$0	$0	$0
P Steven Paulus DMin	Secretary to 11.30.23; Director	0.50	Officer Director	$0	$0	$0
Roland Q Dudley	Director	0.50	Officer Director	$0	$0	$0
Francesco Passamonte	Director; Secretary eff. 11.30.23	0.50	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
2024	No data	No data	No data	No data
2023	$59,278	$220,274	$18,057	$-160,996
2022	$296,659	$141,490	$179,053	$155,169
2021	$81,466	$140,820	$23,884	$-59,354
2020	$81,316	$101,933	$83,238	$-20,617
2019	$75,040	$32,454	$103,855	$42,586
2018	$99,999	$178,489	$61,269	$-78,490

New Europe Vision Inc