New Roots Fund (EIN 383885237) - 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

2012

Legal Domicile

Principal Officer

Greg Hope

Phone

2063233152

Tax Period

2023-01-01 to 2023-12-31

New Roots Fund, founded in 2012, is a small nonprofit in the International Affairs sector that reported $504K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

The New Roots Fund helps low-income individuals, citizens and legal immigrants, to achieve economic self-sufficiency through business loans and technical business assistance.

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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 $498,992

Program Service Revenue $5,235

Investment Income $22

Other Revenue $0

TOTAL REVENUE $504,249

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $8,849

Program Expenses $451,661

Other Expenses $499,616

TOTAL EXPENSES $499,616

Year-over-Year Comparison

	2023	2022	Change
Revenue	$504,249	$665,587	-0.2%
Expenses	$499,616	$662,622	-0.2%
Net Income	$4,633	$2,965	+0.6%

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

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

$65,157

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Greg Hope	~ Executive Director	15	Officer	$0	$12,909	$65,157
Michael Blumson	~ Board Chair	2	Officer Director	$0	$0	$0
Mahnaz Eshetu	~ Governor	1	Director	$0	$0	$0
Joann Ware	~ Governor	1	Director	$0	$0	$0
Antoinette Marasigan	~ Governor	1	Director	$0	$0	$0
Patty Grossman	~ Governor	1	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	$504,249	$499,616	$946,500	$4,633
2022	$665,587	$662,622	$637,552	$2,965
2021	$572,396	$551,305	$521,524	$21,091
2020	$460,019	$474,550	$1,082,837	$-14,531
2019	$460,744	$433,519	$604,229	$27,225
2018	$377,176	$332,050	$483,722	$45,126

New Roots Fund