NEWCAP INC (EIN 391050492) - 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

1965

Legal Domicile

Principal Officer

CHERYL DETRICK

Phone

9208344621

Tax Period

2023-01-01 to 2023-12-31

NEWCAP INC, founded in 1965, is a mid-sized nonprofit that reported $19.3M in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $21.3M exceeded revenue, resulting in a 11% operating deficit.

Mission

MOVE PEOPLE FROM POVERTY TO OPPORTUNITIES AND ECONOMIC SECURITY, WHILE ENHANCING COMMUNITY DEVELOPMENT.

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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 $18,389,259

Program Service Revenue $857,639

Investment Income $0

Other Revenue $7,370

TOTAL REVENUE $19,254,268

Expense Breakdown

Grants Paid $6,511,583

Salaries & Benefits $8,794,135

Fundraising Expenses $0

Program Expenses $19,504,314

Other Expenses $5,986,231

TOTAL EXPENSES $21,291,949

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,254,268	$32,962,613	-0.4%
Expenses	$21,291,949	$32,036,691	-0.3%
Net Income	$-2,037,681	$925,922	-3.2%

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

209

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

$731,735

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANDY POLAREK	BOARD CHAIRPERSON	1.00	Officer Director	$0	$0	$0
BRANDON CACEK	BOARD VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
TOM SIEBER	SECRETARY	1.00	Officer Director	$0	$0	$0
JIM GENRICH	TREASURER	1.00	Officer Director	$0	$0	$0
BARB DORFF	DIRECTOR	1.00	Director	$0	$0	$0
CARRIE ROUSE	DIRECTOR	1.00	Director	$0	$0	$0
GAIL GARRITY-REED	DIRECTOR	1.00	Director	$0	$0	$0
JAYME SELLEN	DIRECTOR	1.00	Director	$0	$0	$0
LINDSEY MUELLER	DIRECTOR	1.00	Director	$0	$0	$0
NORMAN SHAWANOKASIC	DIRECTOR	1.00	Director	$0	$0	$0
PETER THILLMAN	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL WESTENBERG	DIRECTOR	1.00	Director	$0	$0	$0
RANDY SCANNELL	DIRECTOR	1.00	Director	$0	$0	$0
RUSSEL BROCK	DIRECTOR	1.00	Director	$0	$0	$0
SAM ISTED	DIRECTOR	1.00	Director	$0	$0	$0
STAN GRUSZYNSKI	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL DETRICK	CHIEF EXECUTIVE OFFICER	40.00	Officer	$218,226	$18,018	$236,244
DEB BARLAMENT	ASSISTANT EXECUTIVE OFFICER	40.00	Officer	$157,193	$15,278	$172,471
ERIN EVOSEVICH EXECUTIVE	VP OF PEOPLE SUCCESS SERVICE	40.00	Officer	$103,416	$10,430	$113,846
KIMBERLY ST LOUIS	CHIEF FINANCIAL OFFICER	40.00	Officer	$96,922	$15,599	$112,521
CATHY HOEFT TERM 082023	CHIEF FINANCIAL OFFICER	40.00	Officer	$90,238	$6,415	$96,653
ELIZABETH STUKENBERG	NURSE PRACTITIONER	40.00	Highest	$112,791	$2,528	$115,319

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	$19,254,268	$21,291,949	$17,116,061	$-2,037,681
2022	$32,962,613	$32,036,691	$19,007,141	$925,922
2021	$33,388,655	$27,018,246	$18,167,211	$6,370,409
2020	$13,043,723	$12,995,068	$9,032,541	$48,655
2019	$11,801,248	$11,667,416	$6,978,914	$133,832
2018	$10,683,226	$10,672,020	$7,023,145	$11,206

NEWCAP INC