A New Entry Inc

EIN: 542167151 501(c)(3) Crime & Legal

Austin, TX

Total Revenue
$1,970,007
Total Expenses
$2,146,941
Total Assets
$3,050,985
Net Assets
$-147,366
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
TX
Principal Officer
Bernard J Walters
Phone
5124641250
Tax Period
2024-01-01 to 2024-12-31

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.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $1,759,600 Revenue: $1,710,528

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...

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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.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $266,503
Program Service Revenue $1,710,528
Investment Income $673
Other Revenue $-7,697
TOTAL REVENUE $1,970,007

Expense Breakdown

Grants Paid $22,601
Salaries & Benefits $1,565,584
Fundraising Expenses $14,599
Program Expenses $1,759,600
Other Expenses $558,756
TOTAL EXPENSES $2,146,941

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
41
Volunteers
10

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
5
$121,174
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
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
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 $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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