New Growth Inc

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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

2021

Legal Domicile

Principal Officer

Nicole Webb

Phone

8188083136

Tax Period

2024-07-01 to 2025-06-30

New Growth Inc, founded in 2021, is a small nonprofit in the Recreation & Sports sector that reported $254K in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. Expenses of $234K left a modest 8% surplus.

Mission

To ensure that families in Los Angeles have an accessible and inclusive space for their children. To aim to develop programs that serve diverse populations and strive for more equity amongst the participants.

Program Service Accomplishments

Program 1

Expenses: $218,109 Revenue: $253,895

Camp Kelly - a summer camp for children and adolescence at all levels of ability serving the San Fernando Valley, Los Angeles, California

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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 $16,847

Program Service Revenue $237,048

Investment Income $0

Other Revenue $0

TOTAL REVENUE $253,895

Expense Breakdown

Grants Paid $0

Salaries & Benefits $466

Fundraising Expenses $638

Program Expenses $218,109

Other Expenses $233,969

TOTAL EXPENSES $234,435

Year-over-Year Comparison

	2024	2023	Change
Revenue	$253,895	$144,800	+0.8%
Expenses	$234,435	$165,964	+0.4%
Net Income	$19,460	$-21,164	-1.9%

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

N/A

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
Nicole Webb	CEO	15.00	Director	$0	$0	$0
Donna Harris	CFO	15.00	Director	$0	$0	$0
Donna Harris	Secretary	0.00	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	$253,895	$234,435	$16,732	$19,460