New Avenues to Independence Inc

EIN: 340871661 501(c)(3) Human Services

Cleveland, OH

Total Revenue
$13,885,065
Total Expenses
$15,760,122
Total Assets
$7,583,742
Net Assets
$3,936,478
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
OH
Principal Officer
Melanie Carnes
Phone
2164811907
Tax Period
2023-01-01 to 2023-12-31

New Avenues to Independence Inc, founded in 1952, is a mid-sized nonprofit in the Human Services sector that reported $13.9M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $15.8M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO uphold the dignity of persons with disabilities by increasing accessibility through innovative opportunities for community connection and achievement.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $328,087
Program Service Revenue $13,222,290
Investment Income $374,182
Other Revenue $-39,494
TOTAL REVENUE $13,885,065

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,551,001
Fundraising Expenses $240,779
Program Expenses $12,310,421
Other Expenses $6,209,121
TOTAL EXPENSES $15,760,122

Year-over-Year Comparison

2023 2022 Change
Revenue $13,885,065 $15,056,304 -0.1%
Expenses $15,760,122 $14,520,881 +0.1%
Net Income $-1,875,057 $535,423 -4.5%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
359
Volunteers
50

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
8
$575,048
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN KNAVEL CEO 40.0
Officer
$154,310 $13,503 $167,813
MICHAEL J LAHETA CHIEF FINANCIAL OFFICER 40.0
Officer
$128,968 $12,621 $141,589
AMIE ESPINOZA GONZALEZ Chief Program Officer 40.0
Officer
$112,568 $28,360 $140,928
MELANIE CARNES CHIEF STRATEGY OFFICER 40.0
Officer
$109,231 $15,487 $124,718
Teresa Lilley Direct Service Professional 40.0
Highest
$104,175 $90 $104,265
Steve Kachur Chair 2.0
Officer Director
$0 $0 $0
James F Puffenberger Vice Chair 2.0
Officer Director
$0 $0 $0
Justin Miller Treasurer 2.0
Officer Director
$0 $0 $0
Christine Ament Secretary 2.0
Officer Director
$0 $0 $0
Richard Ebner Director 2.0
Director
$0 $0 $0
Jonathan A Good Director 2.0
Director
$0 $0 $0
Jeff Mordaunt Director 2.0
Director
$0 $0 $0
Michael Primrose Director 2.0
Director
$0 $0 $0
Roxana Stoicea Director 2.0
Director
$0 $0 $0
Joyce Bresler Director Emeritus 2.0
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 No data No data No data No data
2023 $13,885,065 $15,760,122 $7,583,742 $-1,875,057
2022 $15,056,304 $14,520,881 $9,758,629 $535,423
2021 $16,971,104 $13,953,028 $9,548,486 $3,018,076
2020 $15,148,485 $13,932,584 $9,023,178 $1,215,901
2019 $14,406,936 $14,812,904 $5,966,424 $-405,968
2018 $14,885,271 $15,113,675 $6,611,481 $-228,404
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