NEWARK, DE
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEWARK AREA WELFARE COMMITTEE INC, founded in 1988, is a small nonprofit that reported $395K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $372K left a modest 6% surplus.
THE NEWARK AREA WELFARE COMMITEE (THE ENTITY) IS AN EXPANDING NONPROFIT ORGANIZATION, WHOSE MISSION IS TO SERVE THE UNDER PRIVILEGED CITIZENS OF THE COMMUNITY OF NEWARK, DELAWARE. THE ENTITY ACHIEVES THIS BY PROVIDING FOOD, SHOES, AND ASSISTANCE WITH UTILITY BILLS AND RENT TO THE LESS FORTUNATE.
EMERGENCY CASH ASSISTANCE: PROVIDED FINANCIAL ASSISTANCE FOR RENT, MORTGAGE PAYMENTS, UTILTIES, MEDICINE, AUTO FUEL, AND AUTO REPAIRS FOR INDIGENT FAMILIES. IN 2024 A TOTAL OF 98 FAMILIES WERE...
EMERGENCY CASH ASSISTANCE: PROVIDED FINANCIAL ASSISTANCE FOR RENT, MORTGAGE PAYMENTS, UTILTIES, MEDICINE, AUTO FUEL, AND AUTO REPAIRS FOR INDIGENT FAMILIES. IN 2024 A TOTAL OF 98 FAMILIES WERE ASSISTED.
HOLIDAY BASKETS/FOOD ASSISTANCE: PROVIDED HOLIDAY BASKETS OF FOOD AND GROCERIES TO INDIGENT INDIVIDUALS; THE FOOD ASSISTANCE PROGRAM PROVIDED THREE MEALS A DAY FOR ONE WEEK TO INDIGENT FAMILIES. IN...
HOLIDAY BASKETS/FOOD ASSISTANCE: PROVIDED HOLIDAY BASKETS OF FOOD AND GROCERIES TO INDIGENT INDIVIDUALS; THE FOOD ASSISTANCE PROGRAM PROVIDED THREE MEALS A DAY FOR ONE WEEK TO INDIGENT FAMILIES. IN 2024 A TOTAL OF 1,327 FAMILIES WERE ASSISTED.
SHOES: PURCHASED NEW SHOES FOR INDIGENT CHILDREN AND INDIGENT ADULTS. IN 2024, NAWC DONATED NEW SHOES TO 172 CHILDREN AND 58 ADULTS IN NEED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $394,905 | $320,369 | +0.2% |
| Expenses | $371,700 | $300,187 | +0.2% |
| Net Income | $23,205 | $20,182 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LYN HENSHAW | PRESIDENT | 12.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUE FORMAN | TREASURER | 12.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEBORAH SEADOR | SERETARY | 12.00 |
Officer
Director
|
$0 | $0 | $0 |
| TAMMY SHARP | VICE PRESIDENT | 12.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOE BRADY | DIRECTOR AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| KATIE HUGHES | DIRECTOR AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| DEBI THOMAS | DIRECTOR AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| STEPHEN MANGAT | DIRECTOR AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| FRANK HENSHAW | DIRECTOR AT LARGE | 2.00 |
Director
|
$0 | $0 | $0 |
| KAREN BRADY | SHOE PROGRAM CO CHAIR | 2.00 |
Director
|
$0 | $0 | $0 |
| JENNY DARDEN | FOOD CUPBOARD CO CHAIR | 2.00 |
Director
|
$0 | $0 | $0 |
| JAYME GRAVELL | NON VOTING MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $394,905 | $371,700 | $186,326 | $23,205 |
| 2023 | $320,369 | $300,187 | $163,121 | $20,182 |
| 2022 | $223,125 | $225,757 | $143,039 | $-2,632 |
Compare NEWARK AREA WELFARE COMMITTEE INC with other nonprofits in Delaware and across the country.