ALL THINGS NEW INC

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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

2015

Legal Domicile

Principal Officer

MICHAEL MONSOUR

Phone

6019407495

Tax Period

2024-01-01 to 2024-12-31

ALL THINGS NEW INC, founded in 2015, is a small nonprofit in the Education sector that reported $259K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

RELIGIOUS, CHARITABLE MINISTRY TO INCARCERATED PERSON AND THOSE HAVING BEEN RELEASED FROM INCARCERATION. ORGANIZATION EXISTS TO GUIDE, COUNSEL AND ENCOURAGE PERSONS TO SEEK A TRANSFORMED LIFE THROUGH A PERSONAL RELATIONSHIP WITH JESUS CHRIST.

Program Service Accomplishments

Program 1

ALL THINGS NEW, INC. PROVIDED SUPPLIES SUCH AS BIBLES AND PERSONAL ITEMS (UNDERGARMENTS, GLASSES, ETC.) TO INMATES IN THE RANKIN COUNTY JAIL, ORGANIZED WEEKLY MINISTERIAL OUTINGS TO THE JAIL, ASSITED IN SETTING UP MENTOR/EDUCATION CLASSES FOR INMATES WITHIN THE JAIL, ASSISTED IN ACTUVUTS FOR DRUG/ALCOHOL RECOVERY PROGRAMS, OVERSAW AND PROGIVED MATERIALS FOR THE CELEBRATE RECOVERY PROGRAM AT POINTE CHURCH. ALL THINGS NEW ASSITED INMATES AFTER RELEASE FROM PRISON BY HELPING WITH PERSONAL NEEDS SUCH AS HOUSING EXPENSES, CLOTHING AND SUPPLIES FOR JOB PLACEMENT, CHILDCARE, GROCERIES, ETC.

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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 $258,868

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $258,868

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,543

Program Expenses $195,805

Other Expenses $260,526

TOTAL EXPENSES $260,526

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,868	$278,021	-0.1%
Expenses	$260,526	$257,018	+0.0%
Net Income	$-1,658	$21,003	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM TAYLOR	TREASURER	N/A	Officer	$0	$0	$0
JUDGE KENT MCDANIEL	VICE PRESIDE	N/A	Officer	$0	$0	$0
MICHAEL MONSOUR	PRESIDENT	N/A	Officer	$0	$0	$0
BRANDI PRIDGEN	SECRETARY	N/A	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	$258,868	$260,526	$91,132	$-1,658
2023	$278,021	$257,018	$99,028	$21,003
2022	$249,796	$250,944	$87,344	$-1,148