NEWLY DESTINED INC (EIN 460474781) - 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

2005

Legal Domicile

Phone

9732426599

Tax Period

2024-01-01 to 2024-12-31

NEWLY DESTINED INC, founded in 2005, is a small nonprofit in the Mental Health sector that reported $837K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

Provide all the required phases of services for the Mentally Ill, Chemically Addicted/Substance Abuser. Provide shelter for the homeless as well as Social Casework

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $746,618

Investment Income $0

Other Revenue $90,000

TOTAL REVENUE $836,618

Expense Breakdown

Grants Paid $0

Salaries & Benefits $497,987

Fundraising Expenses $0

Program Expenses $740,907

Other Expenses $373,663

TOTAL EXPENSES $871,650

Year-over-Year Comparison

	2024	2023	Change
Revenue	$836,618	$949,225	-0.1%
Expenses	$871,650	$682,919	+0.3%
Net Income	$-35,032	$266,306	-1.1%

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

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

$146,325

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DUCHANT R JOHNSON	PRESIDENT	10.00	Officer	$21,200	$0	$21,200
TERESA WRIGHT	SECRETARY	30.00	Officer	$19,125	$0	$19,125
RUBEN JOHNSON	TREASURER	35.00	Officer	$106,000	$0	$106,000

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	$836,618	$871,650	$1,381,399	$-35,032
2023	$949,225	$682,919	$1,340,000	$266,306
2022	$852,310	$667,913	$1,545,338	$184,397
2021	$203,783	$342,631	$581,392	$-138,848
2020	$452,165	$452,252	$580,357	$-87
2019	$484,503	$425,732	$527,764	$58,771
2018	$383,072	$341,202	$511,090	$41,870

NEWLY DESTINED INC