NEW BELGIUM COWORKER ASSISTANCE FUND INC (EIN 471437244) - 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

2015

Legal Domicile

Principal Officer

MEGHAN OLESON

Phone

9702210524

Tax Period

2024-01-01 to 2024-12-31

NEW BELGIUM COWORKER ASSISTANCE FUND INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $345K in total revenue in fiscal year 2024. Revenue surged 445% from the prior year, signaling strong growth momentum. The organization ran a surplus of $202K, a strong 59% operating margin.

Mission

SUPPORT COWORKERS WHO NEED ASSISTANCE DUE TO PERSONAL HARDSHIP OR CATASTROPHIC DISASTER.

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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 $345,350

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $345,350

Expense Breakdown

Grants Paid $135,861

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $135,861

Other Expenses $7,427

TOTAL EXPENSES $143,288

Year-over-Year Comparison

	2024	2023	Change
Revenue	$345,350	$63,401	+4.4%
Expenses	$143,288	$105,193	+0.4%
Net Income	$202,062	$-41,792	-5.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEGHAN OLESON	PRESIDENT	1.00	Officer Director	$0	$0	$0
KARI FLETCHER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARCI PETERSON	TREASURER	1.00	Officer Director	$0	$0	$0
MEGAN EMERTON	SECRETARY	1.00	Officer Director	$0	$0	$0
CLAIRE CAPSHAW	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF SIPES	BOARD MEMBER	1.00	Director	$0	$0	$0
SHANE NICKLE	BOARD MEMBER	1.00	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	$345,350	$143,288	$279,676	$202,062
2020	$452,064	$352,264	$144,697	$99,800

NEW BELGIUM COWORKER ASSISTANCE FUND INC