NEW CHOICES INC (EIN 311105935) - 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

1983

Legal Domicile

Principal Officer

EMILY GLEASON

Tax Period

2024-01-01 to 2024-12-31

NEW CHOICES INC, founded in 1983, is a small nonprofit in the Human Services sector that reported $562K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $642K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE MISSION OF NEW CHOICES, INC. IS TO PROVIDE SHELBY COUNTY, OHIO WITH THE IMMEDIATE CARE NEEDS FOR INDIVIDUALS OF DOMESTIC VIOLENCE.

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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 $552,978

Program Service Revenue $0

Investment Income $2,412

Other Revenue $7,027

TOTAL REVENUE $562,417

Expense Breakdown

Grants Paid $0

Salaries & Benefits $390,943

Fundraising Expenses $12,158

Program Expenses $585,040

Other Expenses $251,013

TOTAL EXPENSES $641,956

Year-over-Year Comparison

	2024	2023	Change
Revenue	$562,417	$513,511	+0.1%
Expenses	$641,956	$593,789	+0.1%
Net Income	$-79,539	$-80,278	0.0%

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

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
KELLY EDWARDS	SECRETARY	N/A	Officer Director	$0	$0	$0
EMILY GLEASON	PRESIDENT	N/A	Officer Director	$0	$0	$0
KIARRA KENNEDY	DIRECTOR	N/A	Director	$0	$0	$0
BILL O'LEARY	DIRECTOR	N/A	Director	$0	$0	$0
JOSIE RATERMAN	DIRECTOR	N/A	Director	$0	$0	$0
TAYLOR RENNER	TREASURER	N/A	Officer Director	$0	$0	$0
DEREK STITZEL	DIRECTOR	N/A	Director	$0	$0	$0
KENZIE VANDERHORST	DIRECTOR	N/A	Director	$0	$0	$0
MATT VERHOTZ	VICE PRESIDE	N/A	Officer 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	$562,417	$641,956	$710,768	$-79,539
2023	$511,534	$581,591	$794,240	$-70,057
2023	No data	No data	No data	No data
2022	$467,109	$494,026	$865,293	$-26,917
2022	$491,913	$517,777	$865,291	$-25,864
2021	$481,394	$476,633	$918,037	$4,761
2021	$479,082	$537,175	$669,125	$-58,093
2020	$495,084	$468,509	$868,032	$26,575
2019	$455,796	$438,807	$856,632	$16,989
2018	$458,648	$427,205	$839,035	$31,443

NEW CHOICES INC