New Day Services

EIN: 352632140 501(c)(3) Human Services

Gardena, CA

Total Revenue
$1,983,705
Total Expenses
$1,834,912
Total Assets
$177,501
Net Assets
$177,501
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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
2018
Legal Domicile
CA
Principal Officer
Chibuzor Obasi
Tax Period
2025-01-01 to 2025-12-31

New Day Services, founded in 2018, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2025. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 8% surplus.

Mission

Care services

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,983,705
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,983,705

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,195,635
Fundraising Expenses $0
Program Expenses $1,834,912
Other Expenses $639,277
TOTAL EXPENSES $1,834,912

Year-over-Year Comparison

2025 2024 Change
Revenue $1,983,705 $1,458,425 +0.4%
Expenses $1,834,912 $1,427,942 +0.3%
Net Income $148,793 $30,483 +3.9%
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

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Governance

Voting Members
5
Independent Members
5
Employees
12
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chibuzor Obasi Director 60.00
Officer
$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 $1,983,705 $1,834,912 $177,501 $148,793
2024 $1,458,425 $1,427,942 $28,708 $30,483
2023 $1,310,228 $1,305,387 $-1,775 $4,841
2022 $1,046,502 $1,071,037 $-6,616 $-24,535
2021 $708,875 $701,630 $17,919 $7,245
2020 $531,243 $522,769 $10,674 $8,474
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