Christian New Creation Inc (EIN 412042164) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

Ray Solcher

Phone

2814427200

Tax Period

2022-01-01 to 2022-12-31

Christian New Creation Inc, founded in 2002, is a community nonprofit in the Crime & Legal sector that reported $1.3M in total revenue in fiscal year 2022. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $197K, a strong 15% operating margin.

Mission

CNC's mission is to provide safe housing, mentoring, family reunification, and employment assistance to men released from the Texas Department of Criminal Justice TDCJ facilities, with the goal of giving them the opportunity to become productive citizens in a new, and much better, way of life.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $528,446

Program Service Revenue $188,477

Investment Income $543,718

Other Revenue $12,564

TOTAL REVENUE $1,273,205

Expense Breakdown

Grants Paid $576

Salaries & Benefits $156,649

Fundraising Expenses $58,047

Program Expenses $823,473

Other Expenses $919,363

TOTAL EXPENSES $1,076,588

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,273,205	$868,552	+0.5%
Expenses	$1,076,588	$549,813	+1.0%
Net Income	$196,617	$318,739	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$41,780

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Vanderbur	Executive Dir.	50.00	Officer	$41,780	$0	$41,780
Ray Solcher	Chairman	7.00	Director	$0	$0	$0
Kevin Rung	Director	30.00	Director	$0	$0	$0
Steve Szymcak	Director	6.00	Director	$0	$0	$0
Ken Wolf	President	30.00	Director	$0	$0	$0
Mike Freeman	Director	2.00	Director	$0	$0	$0
Steve Sigloch	Vice President	2.80	Officer	$0	$0	$0
Jennifer Harting	Treasurer	8.40	Officer	$0	$0	$0
Salvador Lamartina	President	36.00	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
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$1,273,205	$1,076,588	$1,066,312	$196,617
2021	$868,552	$549,813	$882,343	$318,739
2020	$406,374	$323,621	$647,462	$82,753
2019	$406,437	$330,231	$564,275	$76,206
2018	$331,766	$273,746	$488,804	$58,020

Christian New Creation Inc