NEW DAY INC (EIN 251352414) - 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

1978

Legal Domicile

Principal Officer

CHRIS VALENTE

Phone

8145358202

Tax Period

2023-01-01 to 2023-12-31

NEW DAY INC, founded in 1978, is a small nonprofit in the Human Services sector that reported $418K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $488K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROVIDE CHRISTIAN MINISTRY TO TROUBLED AND AT-RISK YOUTH AND THEIR FAMILIES WHO ARE IN NEED OF SPIRITUAL, PHYSICAL, AND EMOTIONAL GROWTH AND SECURITY.

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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 $335,580

Program Service Revenue $0

Investment Income $10,157

Other Revenue $72,265

TOTAL REVENUE $418,002

Expense Breakdown

Grants Paid $0

Salaries & Benefits $332,474

Fundraising Expenses $24,633

Program Expenses $361,902

Other Expenses $155,495

TOTAL EXPENSES $487,969

Year-over-Year Comparison

	2023	2022	Change
Revenue	$418,002	$513,062	-0.2%
Expenses	$487,969	$464,849	+0.0%
Net Income	$-69,967	$48,213	-2.5%

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

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

$57,879

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS VALENTE	EXECUTIVE DI	40.00	Officer	$57,879	$0	$57,879
CHARLES GILBERT	BOARD MEMBER	1.00	Director	$0	$0	$0
HARVEY HAHL	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
P JAMES HAYES	TREASURER	1.00	Officer Director	$0	$0	$0
TYLER ROXBY	SECRETARY	40.00	Officer Director	$0	$0	$0
EDWARD RUPERT	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MIKE STEVENS	BOARD MEMEBE	1.00	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
2024	No data	No data	No data	No data
2023	$418,002	$487,969	$2,004,545	$-69,967
2022	$513,062	$464,849	$1,707,018	$48,213
2021	$496,956	$441,055	$2,147,615	$55,901
2020	$418,896	$442,719	$1,926,592	$-23,823
2019	$430,262	$459,270	$1,668,854	$-29,008
2018	$420,187	$485,772	$1,318,382	$-65,585

NEW DAY INC