NEWPORT DRIVE PROPERTIES (EIN 274373603) - 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

2010

Legal Domicile

Phone

5703572214

Tax Period

2024-01-01 to 2024-12-31

NEWPORT DRIVE PROPERTIES, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $418K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.

Mission

TO OPERATE EXCLUSIVELY FOR THE PURPOSE OF ACQUIRING, HOLDING TITLE TO, AND COLLECTING INCOME FROM REAL PROPERTY, AND REMITTING THE ENTIRE AMOUNTS FROM SUCH PROPERTY (LESS EXPENSES) TO ONE OR MORE ORGANIZATIONS DESCRIBED IN SECTION 501(C)(25)(C) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

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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 $0

Program Service Revenue $0

Investment Income $14,404

Other Revenue $403,724

TOTAL REVENUE $418,128

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$418,128	$509,029	-0.2%
Expenses	N/A	$5,745	-1.0%
Net Income	N/A	$503,284	N/A

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
OMER DOGRU	President	10.00	Director	$0	$0	$0
SAIT ONAL	Vice President	10.00	Director	$0	$0	$0
YASIN KUCAK	Secretary	10.00	Director	$0	$0	$0
HALIL CINAR	Treasurer	10.00	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	No data	No data	No data	No data
2024	$418,128	No data	$4,908,735	No data
2023	$509,029	$5,745	$4,745,015	$503,284
2022	$398,588	No data	$4,547,750	No data
2021	$395,220	No data	$4,582,530	No data
2020	$449,553	No data	$4,570,913	No data
2019	$440,319	$515	$4,529,157	$439,804
2018	$244,760	$522	$4,382,353	$244,238

NEWPORT DRIVE PROPERTIES