NEW HAVEN RISING INC (EIN 383880338) - Form 990 Financial Analysis & Trantor Score

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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

2011

Legal Domicile

Principal Officer

ABIGAIL FELDMAN

Phone

2035332283

Tax Period

2023-01-01 to 2023-12-31

NEW HAVEN RISING INC, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $280K in total revenue in fiscal year 2023. Expenses of $364K exceeded revenue, resulting in a 30% operating deficit.

Mission

THE CORPORATION IS A CITYWIDE MEMBERSHIP-BASED ORGANIZATION OF INDIVIDUALS AND INSTITUTIONS THAT SHARE A COMMITMENT TO ECONOMIC, SOCIAL, AND RACIAL JUSTICE. IT WILL ORGANIZE; MOBILIZE; DEVELOP LEADERS; EDUCATE ITS MEMBERS AND OTHERS; CONDUCT RESEARCH ON, AND ADVOCATE FOR, POLICY SOLUTIONS; AND ENGAGE IN POLITICAL ACTIVITY AS WELL AS TAKE OTHER CONSTRUCTIVE ACTIONS, SO THAT INDIVIDUAL RESIDENTS, UNIONS, NEIGHBORHOOD GROUPS AND OTHER ORGANIZATIONS CAN COME TOGETHER TO WORK FOR SHARED PROSPERITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $276,001

Program Service Revenue $3,498

Investment Income $215

Other Revenue $0

TOTAL REVENUE $279,714

Expense Breakdown

Grants Paid $925

Salaries & Benefits $320,290

Fundraising Expenses $6,112

Program Expenses $283,367

Other Expenses $42,719

TOTAL EXPENSES $363,934

Year-over-Year Comparison

	2023	2022	Change
Revenue	$279,714	$275,140	+0.0%
Expenses	$363,934	$288,825	+0.3%
Net Income	$-84,220	$-13,685	+5.2%

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

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

$194,020

Total Directors

$321,795

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT MARKS	DIRECTOR/MANAGER	10.00	Officer Director	$0	$0	$0
IAN SKOGGARD	FIRST CO-CHAIR/DIRECTOR	10.00	Officer Director	$0	$0	$0
SCOTT MARKS JR	SECOND CO-CHAIR/DIRECTOR	10.00	Officer Director	$0	$0	$0
JAMIE MYERS-MCPHAIL	SECRETARY/DIRECTOR	40.00	Officer Director	$53,850	$46,964	$100,814
ABIGAIL FELDMAN	TREASURER/DIRECTOR	40.00	Officer Director	$48,442	$44,764	$93,206
RON HURT	DIRECTOR	1.00	Director	$0	$0	$0
CHARLIE DELGADO	DIRECTOR	1.00	Director	$0	$0	$0
DAVE JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
JILL MARKS	DIRECTOR	40.00	Director	$47,402	$7,004	$54,406
RAYMOND MCELYA	DIRECTOR	40.00	Director	$40,418	$32,951	$73,369

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	$279,714	$363,934	$104,204	$-84,220
2022	$275,140	$288,825	$188,102	$-13,685
2021	$339,352	$249,049	$201,787	$90,303
2020	$288,273	$225,287	$111,484	$62,986
2019	$253,357	$235,202	$48,498	$18,155

NEW HAVEN RISING INC