NEW GENERATION INC (EIN 481088753) - 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

1990

Legal Domicile

Principal Officer

ELIZABETH NUSS

Phone

6202244002

Tax Period

2022-01-01 to 2022-12-31

NEW GENERATION INC, founded in 1990, is a small nonprofit that reported $214K in total revenue in fiscal year 2022. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $386K exceeded revenue, resulting in a 81% operating deficit.

Mission

PRE-SCHOOL & CHILDCARE PROGRAM PREPARING CHILDREN FOR ENTRANCE INTO THE PUBLIC SCHOOL SYSTEM.

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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 (2022)

Revenue Breakdown

Contributions & Grants $45,000

Program Service Revenue $168,504

Investment Income $0

Other Revenue $0

TOTAL REVENUE $213,504

Expense Breakdown

Grants Paid $0

Salaries & Benefits $199,906

Fundraising Expenses $0

Program Expenses $385,694

Other Expenses $185,788

TOTAL EXPENSES $385,694

Year-over-Year Comparison

	2022	2021	Change
Revenue	$213,504	$489,157	-0.6%
Expenses	$385,694	$440,195	-0.1%
Net Income	$-172,190	$48,962	-4.5%

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

$76,490

Total Directors

$76,490

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY BOYD	SECRETARY	45.00	Officer Director	$43,617	$0	$43,617
ELIZABETH NUSS	TREASURER	40.00	Officer Director	$32,873	$0	$32,873
KATHY THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
MIKE WUNDERLY	PRESIDENT	1.00	Officer 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
2022	$213,504	$385,694	No data	$-172,190
2021	$489,157	$440,195	$172,190	$48,962
2020	$501,467	$415,442	$123,228	$86,025
2019	$376,955	$397,221	$37,203	$-20,266
2018	$365,323	$370,378	$57,469	$-5,055

NEW GENERATION INC