NEW SONG COMMUNITY LEARNING CENTER INC (EIN 521838848) - 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

2009

Legal Domicile

Principal Officer

JAYSON J GREEN

Phone

4103230010

Tax Period

2023-07-01 to 2024-06-30

NEW SONG COMMUNITY LEARNING CENTER INC, founded in 2009, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

NEW SONG COMMUNITY LEARNING CENTER IS MAKING A LONG-TERM INVESTMENT IN THE LIVES OF NEIGHBORHOOD YOUTH AND THEIR FAMILIES TO ENSURE INDIGENOUS LEADERSHIP FOR THE ONGOING TRANSFORMATION OF SANDTOWN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,470,096

Program Service Revenue $10,464

Investment Income $44

Other Revenue $31,156

TOTAL REVENUE $2,511,760

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,141,615

Fundraising Expenses $0

Program Expenses $2,511,312

Other Expenses $471,280

TOTAL EXPENSES $2,612,895

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,511,760	$2,288,142	+0.1%
Expenses	$2,612,895	$2,299,689	+0.1%
Net Income	$-101,135	$-11,547	+7.8%

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

Volunteers

225

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

$96,923

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN MOORE	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
DERRICK DEWITT	MEMBER	5.00	Director	$0	$0	$0
MYA MACKEY	MEMBER	5.00	Director	$0	$0	$0
KARRIEM SHABAZZ	MEMBER	5.00	Director	$0	$0	$0
LARRY SIMMONS	BOARD VICE-CHAIR	5.00	Officer Director	$0	$0	$0
DRJOEL BRATTON	MEMBER	5.00	Director	$0	$0	$0
KATIA FORTUNE	MEMBER	5.00	Director	$0	$0	$0
JAYSON GREEN	EXECUTIVE DIRECTOR	40.00	Director	$96,923	$0	$96,923

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	$2,511,760	$2,612,895	$1,519,966	$-101,135
2023	$2,288,142	$2,299,689	$1,585,383	$-11,547
2022	$1,932,244	$2,311,660	$1,546,170	$-379,416
2021	$2,082,519	$2,464,020	$1,981,446	$-381,501
2020	$1,783,089	$2,318,421	$2,312,132	$-535,332
2020	$1,783,089	$2,318,421	$2,312,132	$-535,332
2019	$1,302,536	$1,952,010	$2,795,623	$-649,474

NEW SONG COMMUNITY LEARNING CENTER INC