Austin, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)A New Entry Inc, founded in 2005, is a community nonprofit in the Crime & Legal sector that reported $2.0M in total revenue in fiscal year 2024.
A New Entry's (ANE) mission is to provide community reentry and support for individuals rebuilding from challenges associated with homelessness, involvement with the justice system, and substance use issues.
During the year, ANE provided evidence-based substance abuse treatment to 310 individuals at no cost, including individual counseling, group therapy, and relapse prevention programs. The organization...
During the year, ANE provided evidence-based substance abuse treatment to 310 individuals at no cost, including individual counseling, group therapy, and relapse prevention programs. The organization increased service capacity by 6% and reduced wait times by implementing same-day intake options for individuals in need. Clients who successfully completed programming reported improvements in quality of life. ANE also partnered with four additional community stakeholders to expand outreach, strengthen early intervention efforts, and increase available supports. The organization increased respite service programming to better support individuals experiencing homelessness who also had medical concerns or co-occurring substance use disorders. Additional substance abuse treatment options were added, incorporating mental health stabilization along with standard treatment and additional wraparound services. The organization also provided emergency shelter services to individuals experiencing homelessness, including operating "cold weather shelters" to ensure safe overnight stays during periods of extreme weather. These efforts were designed to meet critical community needs and improve overall health and stability for vulnerable populations. The organization implemented better access to tele-health services and electronic learning based systems for substance abuse treatment clients to increase accessibility for clients facing transportation barriers. Additionally, enhancements were made to the homeless services program by incorporating a harm-reduction model, prioritizing permanent housing placement while simultaneously engaging with supportive services. Additionally, the organization finalized and secured funding to begin construction of a new facility that will serve an additional 40 individuals upon completion.
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 | $1,970,007 | $1,940,492 | +0.0% |
| Expenses | $2,146,941 | $2,062,732 | +0.0% |
| Net Income | $-176,934 | $-122,240 | +0.4% |
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 |
|---|---|---|---|---|---|---|
| Soleece Watson | Executive Dir. | 40.00 |
Officer
|
$121,174 | $0 | $121,174 |
| Bernard J Walters | Chairman | 2.00 |
Officer
|
$0 | $0 | $0 |
| Drew Dennett CFO and | Treasurer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Daniel Maldonado | Secretary | 5.00 |
Officer
|
$0 | $0 | $0 |
| Jude Sampson | COO | 3.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,970,007 | $2,146,941 | $3,050,985 | $-176,934 |
| 2023 | $1,940,492 | $2,062,732 | $588,320 | $-122,240 |
| 2022 | $1,835,052 | $1,822,594 | $669,646 | $12,458 |
| 2021 | $2,135,341 | $2,206,833 | $149,648 | $-71,492 |
| 2020 | $2,207,970 | $2,117,180 | $513,885 | $90,790 |
| 2019 | $2,238,212 | $2,169,765 | $200,267 | $68,447 |
| 2018 | $2,309,032 | $2,295,529 | $140,696 | $13,503 |
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