NEW CREATION INC

EIN: 371975294 501(c)(3) Housing & Shelter

OLATHE, KS

Total Revenue
$701,246
Total Expenses
$941,208
Total Assets
$1,078,520
Net Assets
$430,134
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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
2019
Legal Domicile
KS
Principal Officer
HOLLY BURGOON
Phone
9134948140
Tax Period
2024-01-01 to 2024-12-31

NEW CREATION INC, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $701K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $941K exceeded revenue, resulting in a 34% operating deficit.

Mission

SHARED LIVING AND EDUCATION IN A THERAPEUTIC STRUCTURED COMMUNITY

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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 (2024)

Revenue Breakdown

Contributions & Grants $480,146
Program Service Revenue $213,473
Investment Income $7,627
Other Revenue $0
TOTAL REVENUE $701,246

Expense Breakdown

Grants Paid $0
Salaries & Benefits $319,758
Fundraising Expenses $0
Program Expenses $868,907
Other Expenses $621,450
TOTAL EXPENSES $941,208

Year-over-Year Comparison

2024 2023 Change
Revenue $701,246 $1,289,917 -0.5%
Expenses $941,208 $793,346 +0.2%
Net Income $-239,962 $496,571 -1.5%
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

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Governance

Voting Members
5
Independent Members
N/A
Employees
18
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
3
$65,000
Total Directors
8
$65,000
Key Employees
1
$65,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA HANSON PRESIDENT 040.00
Officer Director Key Emp
$65,000 $0 $65,000
LONNIE JOHNSON DIRECTOR 002.00
Director
$0 $0 $0
TANIA GONCALVES TREASURER 005.00
Officer Director
$0 $0 $0
RYAN RINK SECRETARY 001.00
Officer Director
$0 $0 $0
LORETTA SPRINGER DIRECTOR 001.00
Director
$0 $0 $0
MIKE BROUWER DIRECTOR 001.00
Director
$0 $0 $0
STEVEN VERHULST DIRECTOR 001.00
Director
$0 $0 $0
TIM EHINGER DIRECTOR 001.00
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
2024 $701,246 $941,208 $1,078,520 $-239,962
2023 $1,289,917 $793,346 $868,914 $496,571
2022 $479,870 $440,714 $282,636 $39,156
2021 $544,068 $531,734 $267,055 $12,334
2020 $240,596 $99,690 $148,639 $140,906
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