NEW GENERATION WORSHIP CENTER INC (EIN 311726572) - 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

2000

Legal Domicile

Principal Officer

Toney D Saunders

Phone

7574495350

Tax Period

2024-01-01 to 2024-12-31

NEW GENERATION WORSHIP CENTER INC, founded in 2000, is a small nonprofit in the Religion sector that reported $192K in total revenue in fiscal year 2019. Revenue surged 180% from the prior year, signaling strong growth momentum. Expenses of $184K left a modest 4% surplus.

Mission

New Generation Worship Center is a multi-purpose organization whose assignment is to build an army of people who will become people willing to keep the Lords commandments, statues, and judgments. We therefore offer education and spiritual empowerment by teachings at New Generation Bible Institute, nutrition and lifestyle coaching.

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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 (2024)

Revenue Breakdown

Contributions & Grants $86,511

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $86,511

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $87,489

TOTAL EXPENSES $87,489

Year-over-Year Comparison

	2024	2023	Change
Revenue	$86,511	$85,375	+0.0%
Expenses	$87,489	$84,703	+0.0%
Net Income	$-978	$672	-2.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Toney D Saunders	Pastor	20	Officer Director	$0	$0	$0
Adam C Saunders	Deacon	2	Director	$0	$0	$0
Cartear M Williams	Youth Pastor	7	Officer Director	$0	$0	$0
Patrica Hemingway	Treasureer	7	Officer Director	$0	$0	$0
Sylva W Saunders	Ex Pastor	20	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
2025	No data	No data	No data	No data
2024	$86,511	$87,489	$669,814	$-978
2023	$85,375	$84,703	$717,539	$672
2022	$85,718	$98,715	$717,539	$-12,997
2021	$249,457	$74,203	$720,127	$175,254
2020	$174,871	$100,668	$720,127	$74,203
2019	$192,408	$184,095	$663,117	$8,313

NEW GENERATION WORSHIP CENTER INC