NEW SOUTH FOUNDATION INC (EIN 263180594) - 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

2009

Legal Domicile

Principal Officer

DOUG DAVIDSON

Phone

4044434000

Tax Period

2024-01-01 to 2024-12-31

NEW SOUTH FOUNDATION INC, founded in 2009, is a small nonprofit in the Education sector that reported $196K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $67K, a strong 34% operating margin.

Mission

TO PROVIDE CHARITABLE DONATIONS TO OTHER NON-PROFIT ORGANIZATIONS AND DISTRIBUTE SCHOLARSHIP AWARDS TO SELECTED STUDENTS TO SUPPORT AND ENCOURAGE POST-SECONDARY EDUCATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $228,346

Program Service Revenue $0

Investment Income $3,612

Other Revenue $-35,797

TOTAL REVENUE $196,161

Expense Breakdown

Grants Paid $119,491

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $121,736

Other Expenses $9,390

TOTAL EXPENSES $128,881

Year-over-Year Comparison

	2024	2023	Change
Revenue	$196,161	$172,624	+0.1%
Expenses	$128,881	$89,891	+0.4%
Net Income	$67,280	$82,733	-0.2%

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

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

$329,670

Total Directors

$367,880

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN HOBSON	DIRECTOR	0.50	Director	$0	$11,870	$11,870
DOUGLAS C DAVIDSON	PRESIDENT	0.50	Officer Director	$0	$32,970	$329,670
JON HARRIS	DIRECTOR	0.50	Director	$0	$15,470	$15,470
JEFF BROWN	DIRECTOR	0.50	Director	$0	$10,870	$10,870

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	$196,161	$128,881	$309,286	$67,280
2023	$172,624	$89,891	$253,435	$82,733

NEW SOUTH FOUNDATION INC