NEW OUTLOOK INC (EIN 593113263) - 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

ROBERT SOMMERS

Phone

9047431883

Tax Period

2023-01-01 to 2023-12-31

NEW OUTLOOK INC, founded in 1991, is a small nonprofit in the Housing & Shelter sector that reported $150K in total revenue in fiscal year 2023. Net assets of $546K represent 44 months of operating reserves.

Mission

RENTAL ACTIVITIES TO PROVIDE FOR LOW INCOME PERSONS WITH DISABILITIES. RENTAL ASSISTANCE UNDER HUD SEC 811.

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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 $107,492

Program Service Revenue $38,912

Investment Income $3,645

Other Revenue $0

TOTAL REVENUE $150,049

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,254

Fundraising Expenses $0

Program Expenses $104,289

Other Expenses $119,503

TOTAL EXPENSES $149,757

Year-over-Year Comparison

	2023	2022	Change
Revenue	$150,049	$153,503	0.0%
Expenses	$149,757	$147,202	+0.0%
Net Income	$292	$6,301	-1.0%

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
ROBIN BASS	TREASURER	0.02	Officer Director	$0	$0	$0
RICHARD BREW	BOARD	0.02	Director	$0	$0	$0
KELLI CUTRIGHT	BOARD	0.02	Director	$0	$0	$0
E C GREGORY	BOARD	0.02	Director	$0	$0	$0
MARY JARRETT	BOARD	0.02	Director	$0	$0	$0
HENRY JOHNSON	BOARD	0.02	Director	$0	$0	$0
GEORGE OWEN	CHAIRPERSON	0.02	Officer Director	$0	$0	$0
BEVERLY PASCOE	BOARD	0.02	Director	$0	$0	$0
ROBERT SOMMERS	EXECUTIVE DI	0.50	Officer	$0	$0	$0
JILL SPEISER	ASSISTANT SE	0.05	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	No data	No data	No data	No data
2023	$150,049	$149,757	$631,862	$292
2022	$153,503	$147,202	$653,544	$6,301
2021	$158,671	$157,225	$665,625	$1,446
2020	$149,071	$149,728	$656,008	$-657
2019	$137,345	$163,909	$635,511	$-26,564
2018	$133,153	$148,418	$633,495	$-15,265

NEW OUTLOOK INC