Sarasota, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)New College Foundation Inc, founded in 1960, is a mid-sized nonprofit in the Education sector that reported $14.1M in total revenue in fiscal year 2024. Revenue surged 601% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.2M, a strong 65% operating margin.
The mission of New College Foundation is to support the priorities of New College of Florida, Florida's designated honors college. This is accomplished by securing funds as a result of cultivating and stewarding individuals, foundations, and corporations and through the prudent management of assets.
NEW COLLEGE FOUNDATION FUNDING IS PROVIDED FOR ACADEMIC CHAIRS, PROFESSORSHIPS AND FACULTY SALARIES, ALLOWING NEW COLLEGE OF FLORIDA TO ATTRACT FACULTY OF THE HIGHEST CALIBER AND REPUTATION. ALL...
NEW COLLEGE FOUNDATION FUNDING IS PROVIDED FOR ACADEMIC CHAIRS, PROFESSORSHIPS AND FACULTY SALARIES, ALLOWING NEW COLLEGE OF FLORIDA TO ATTRACT FACULTY OF THE HIGHEST CALIBER AND REPUTATION. ALL CLASSES ARE TAUGHT BY FACULTY WITH A PH.D. OR EQUIVALENT DEGREE. FOUNDATION FUNDING ALSO SUPPORTS INNOVATIVE FACULTY RESEARCH AND DEVELOPMENT WHICH LIES AT THE HEART OF ACADEMIC LEADERSHIP.
NEW COLLEGE FOUNDATION SUPPORTS FACULTY, STAFF AND STUDENTS AT NEW COLLEGE AND WORKS WITH COMMUITY MEMBERS AND GROUPS ON ISSUES WHICH THE ARTS AND HUMANITIES BEAR. TO CONTINUE TO CULTIVATE DONOR...
NEW COLLEGE FOUNDATION SUPPORTS FACULTY, STAFF AND STUDENTS AT NEW COLLEGE AND WORKS WITH COMMUITY MEMBERS AND GROUPS ON ISSUES WHICH THE ARTS AND HUMANITIES BEAR. TO CONTINUE TO CULTIVATE DONOR RELATIONSHIPS, NEW COLLEGE FOUNDATION ALSO SUPPORTS OTHER NONPROFIT ORGANIZATIONS.
The New College Foundation provides scholarship support to New College students, helping them to attend New College of Florida. The financial support the students receive allows them to experience a...
The New College Foundation provides scholarship support to New College students, helping them to attend New College of Florida. The financial support the students receive allows them to experience a personalized approach to their education and enables these academically talented students to thrive and realize their full potential, preparing them to assume leadership roles in their scholarly, civic, artistic, and commercial endeavors.
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 | $14,077,675 | $2,007,354 | +6.0% |
| Expenses | $4,901,556 | $4,961,286 | 0.0% |
| Net Income | $9,176,119 | $-2,953,932 | -4.1% |
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 |
|---|---|---|---|---|---|---|
| Adam Kendall | Chair | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Christie Fitz-Patrick | Treasurer; Chief of Staff New College | 1.0 |
Officer
Director
|
$0 | $40,296 | $247,004 |
| James McDonald | Vice Chair | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| JJ Fermin Miranda | Secretary | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Alicja AJ Janson | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Brian McCarthy | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| David Smith | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Debra Jenks | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Dr Lance Karp | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Elizabeth Moore | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Eric Robinson | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Greg Douglas | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Joshua Ingram | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Mary Gratehouse | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Mike Rahn | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Rob Bilott | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Stuart Clarry | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Sydney Gruters | NCF Executive Director | 40.0 |
Officer
|
$201,000 | $69,385 | $270,385 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $14,077,675 | $4,901,556 | $57,947,210 | $9,176,119 |
| 2024 | $2,007,354 | $4,961,286 | $50,064,126 | $-2,953,932 |
| 2023 | $4,698,283 | $5,938,762 | $49,806,812 | $-1,240,479 |
| 2022 | $4,354,121 | $5,329,272 | $47,981,303 | $-975,151 |
| 2021 | $13,139,360 | $4,529,307 | $57,816,203 | $8,610,053 |
| 2020 | $2,384,120 | $3,899,793 | $45,849,740 | $-1,515,673 |
| 2019 | $7,542,357 | $4,343,070 | $48,454,962 | $3,199,287 |
| 2018 | $4,464,704 | $3,902,280 | $47,004,392 | $562,424 |
Compare New College Foundation Inc with other nonprofits in Florida and across the country.