It's A New Day Inc

EIN: 582059573 501(c)(3) Religion

Woodstock, GA

Total Revenue
$167,441
Total Expenses
$198,677
Total Assets
$13,269
Net Assets
$7,389
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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
1992
Legal Domicile
GA
Principal Officer
John E Carswell
Phone
7705928127
Tax Period
2023-01-01 to 2023-12-31

It's A New Day Inc, founded in 1992, is a small nonprofit in the Religion sector that reported $167K in total revenue in fiscal year 2023. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $199K exceeded revenue, resulting in a 19% operating deficit.

Mission

Distribute religious material

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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 (2023)

Revenue Breakdown

Contributions & Grants $8,728
Program Service Revenue $158,713
Investment Income $0
Other Revenue $0
TOTAL REVENUE $167,441

Expense Breakdown

Grants Paid $0
Salaries & Benefits $33,057
Fundraising Expenses $0
Program Expenses $198,677
Other Expenses $165,620
TOTAL EXPENSES $198,677

Year-over-Year Comparison

2023 2022 Change
Revenue $167,441 $304,467 -0.5%
Expenses $198,677 $388,821 -0.5%
Net Income $-31,236 $-84,354 -0.6%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
28

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
3
$19,450
Total Directors
2
$0
Key Employees
2
$19,450
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John E Carswell III President 40.00
Officer
$0 $0 $0
Chris Lee Vice-President 20.00
Officer Key Emp
$0 $7,000 $7,000
Deanna Carswell Sec/Treasurer 20.00
Officer Key Emp
$12,450 $0 $12,450
Johnny M Hunt Chairman 10.00
Director
$0 $0 $0
James Law Director 10.00
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 $167,441 $198,677 $13,269 $-31,236
2022 $304,467 $388,821 $28,324 $-84,354
2021 $358,905 $274,331 $118,676 $84,574
2020 $194,340 $173,926 $34,866 $20,414
2019 $273,891 $259,390 $17,093 $14,501
2018 $273,641 $272,165 $7,863 $1,476
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