NORTH SQUARE GATEWAY TERRACE INC C/O NEW OPPORTUNITIES INC (EIN 311693980) - 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

2000

Legal Domicile

Principal Officer

MR WILLIAM RYBCZYK

Phone

2035759799

Tax Period

2023-01-01 to 2023-12-31

NORTH SQUARE GATEWAY TERRACE INC C/O NEW OPPORTUNITIES INC, founded in 2000, is a small nonprofit in the Human Services sector that reported $214K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $278K exceeded revenue, resulting in a 30% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO LOW INCOME FAMILIES.

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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 $0

Program Service Revenue $210,963

Investment Income $1,891

Other Revenue $1,032

TOTAL REVENUE $213,886

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,802

Fundraising Expenses $0

Program Expenses $233,714

Other Expenses $260,982

TOTAL EXPENSES $277,784

Year-over-Year Comparison

	2023	2022	Change
Revenue	$213,886	$195,280	+0.1%
Expenses	$277,784	$292,834	-0.1%
Net Income	$-63,898	$-97,554	-0.3%

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

$207,019

Total Directors

$207,019

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BELINDA WEAVER	DIRECTOR	1.00	Director	$0	$0	$0
JOYCE KENNEDY JONES	DIRECTOR	1.00	Officer Director	$0	$0	$0
JUANITA ALGARIN	DIRECTOR	1.00	Director	$0	$0	$0
MARITZA RIVERA	DIRECTOR	1.00	Officer Director	$0	$0	$0
MELISSA GREEN	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM RYBCZSK	PRESIDENT	1.00	Officer Director	$0	$15,250	$207,019
VICTOR LOPEZ	DIRECTOR	0.00	Director	$0	$0	$0
MARK E KOVITCH	CFO	1.00	Highest	$0	$23,822	$156,854

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	$213,886	$277,784	$1,196,060	$-63,898
2022	$195,280	$292,834	$1,243,694	$-97,554
2021	$213,355	$305,400	$1,375,660	$-92,045
2020	$217,941	$266,524	$1,470,727	$-48,583
2019	$200,003	$249,545	$1,403,674	$-49,542
2018	$189,051	$230,820	$1,507,501	$-41,769

NORTH SQUARE GATEWAY TERRACE INC C/O NEW OPPORTUNITIES INC