NEW PROVIDENCE CHURCH FNDN INC (EIN 581960346) - 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

1991

Legal Domicile

Principal Officer

LEE FRANKS

Phone

8659830182

Tax Period

2023-01-01 to 2023-12-31

NEW PROVIDENCE CHURCH FNDN INC, founded in 1991, is a micro nonprofit in the Religion sector that reported $29K in total revenue in fiscal year 2023. Revenue surged 128% from the prior year, signaling strong growth momentum. Expenses of $72K exceeded revenue, resulting in a 154% operating deficit.

Mission

SUPPORT RELIGIOUS ACTIVITIES THROUGH THE ESTABLISHMENT OF RESTRICTED FUNDS TO SUPPORT CHURCH FUNCTIONS AND THE ESTABLISHMENT OF SCHOLARSHIP FUNDS TO ASSIST SEMINARY STUDENTS.

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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 $467

Program Service Revenue $0

Investment Income $28,092

Other Revenue $0

TOTAL REVENUE $28,559

Expense Breakdown

Grants Paid $68,489

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $68,489

Other Expenses $4,000

TOTAL EXPENSES $72,489

Year-over-Year Comparison

	2023	2022	Change
Revenue	$28,559	$12,552	+1.3%
Expenses	$72,489	$106,022	-0.3%
Net Income	$-43,930	$-93,470	-0.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEE FRANKS	PRESIDENT	1.00	Officer Director	$0	$0	$0
DONALD HODGES	SECRETARY	1.00	Officer Director	$0	$0	$0
DONNA BOOHER	BOARD MEMBER	1.00	Director	$0	$0	$0
DAN YOUNG	BOARD MEMBER	1.00	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
2024	No data	No data	No data	No data
2023	$28,559	$72,489	$1,278,931	$-43,930
2022	$12,552	$106,022	$1,168,491	$-93,470
2021	$154,677	$152,234	$1,442,134	$2,443
2020	$80,934	$41,062	$1,326,336	$39,872
2019	$18,008	$57,364	$1,200,800	$-39,356
2018	$36,582	$2,000	$944,330	$34,582

NEW PROVIDENCE CHURCH FNDN INC