NEW SOUTH CRUISERS INC (EIN 263319850) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

LINDA BARFIELD

Phone

3347979346

Tax Period

2022-01-01 to 2022-12-31

NEW SOUTH CRUISERS INC, founded in 2008, is a micro nonprofit in the Recreation & Sports sector that reported $6K in total revenue in fiscal year 2018. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $3K, a strong 46% operating margin.

Mission

TO SUPPORT THE EFFORTS OF YOUNG PEOPLE SEEKING EDUCATION AND FUTURE EMPLOYMENT IN THE AUTOMOTIVE INDUSTRY BY GIVING SCHOLARSHIPS AND DONATING TO OTHER CHARITABLE ORGANIZATIONS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,580

Investment Income $15

Other Revenue $84

TOTAL REVENUE $4,679

Expense Breakdown

Grants Paid $1,540

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,462

Other Expenses $1,922

TOTAL EXPENSES $3,462

Year-over-Year Comparison

	2022	2021	Change
Revenue	$4,679	$1,315	+2.6%
Expenses	$3,462	$1,876	+0.8%
Net Income	$1,217	$-561	-3.2%

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

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
KEN BARFIELD	VICE PRESIDE	N/A	Officer	$0	$0	$0
LINDA BARFIELD	TREASURER	N/A	Officer	$0	$0	$0
SANDY OSTROWSKI	SECRETARY	N/A	Officer	$0	$0	$0
STEVE REED	PRESIDENT	N/A	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
2022	$4,679	$3,462	$12,399	$1,217
2021	$1,315	$1,876	$11,182	$-561
2020	$51	$1,055	$11,743	$-1,004
2019	$2,451	$2,848	$12,747	$-397
2018	$5,524	$3,001	$13,144	$2,523

NEW SOUTH CRUISERS INC