NEW OPPORTUNITY SCHOOL FOR WOMEN INC

EIN: 611323868 501(c)(3) Human Services

BEREA, KY

Total Revenue
$637,982
Total Expenses
$592,629
Total Assets
$1,658,545
Net Assets
$1,622,923
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
KY
Principal Officer
JENNIFER WALDEN
Phone
8599857200
Tax Period
2024-01-01 to 2024-12-31

NEW OPPORTUNITY SCHOOL FOR WOMEN INC, founded in 1996, is a small nonprofit in the Human Services sector that reported $638K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $593K left a modest 7% surplus.

Mission

TO IMPROVE THE EDUCATIONAL, FINANCIAL AND PERSONAL CIRCUMSTANCES OF UNDER-RESOURCED APPALACHIAN WOMEN.

Program Service Accomplishments

Program 1
Expenses: $481,322

IN 2024, THE NEW OPPORTUNITY SCHOOL FOR WOMEN CONTINUED STRENGTHENING EXISTING PARTNERSHIPS WHILE FOSTERING NEW COLLABORATIONS ACROSS KENTUCKY. NOTABLY, WE DEEPENED OUR ENGAGEMENT WITH LOCAL...

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IN 2024, THE NEW OPPORTUNITY SCHOOL FOR WOMEN CONTINUED STRENGTHENING EXISTING PARTNERSHIPS WHILE FOSTERING NEW COLLABORATIONS ACROSS KENTUCKY. NOTABLY, WE DEEPENED OUR ENGAGEMENT WITH LOCAL DEPARTMENTS FOR COMMUNITY-BASED SERVICES (DCBS), INCLUDING THOSE IN IRVINE, POWELL COUNTY, AND PAINTSVILLE. THESE RELATIONSHIPS HAVE LED TO INCREASED VISIBILITY AND CREDIBILITY IN THE COMMUNITIES WE SERVE. AS A RESULT OF THIS GROWING PARTNERSHIP, WE HAVE BEEN INVITED TO ATTEND THE STATEWIDE DCBS CONFERENCE IN SEPTEMBER 2025, WHERE WE WILL HAVE THE OPPORTUNITY TO PRESENT NOSW'S MISSION AND IMPACT TO DCBS REPRESENTATIVES FROM ACROSS THE COMMONWEALTH.THIS YEAR, WE HAVE SEEN A 50% INCREASE IN RECRUITMENT EFFORTS AND APPLICATIONS TO OUR PROGRAMS, REFLECTING THE EXPANDED REACH AND RECOGNITION OF NOSW ACROSS THE REGION. IN RESPONSE TO THIS GROWING DEMAND, WE ADDED ADDITIONAL 3-DAY PROGRAMS THROUGHOUT THE YEAR, HOSTING EIGHT SESSIONS, FIVE OF WHICH WERE DELIVERED IN COMMUNITY-BASED SETTINGS ACROSS KENTUCKY. THESE WERE MADE POSSIBLE THROUGH STRONG PARTNERSHIPS WITH LOCAL ORGANIZATIONS SUCH AS MOUNTAIN COMPREHENSIVE CARE CENTER IN GRAYSON, CHRISTIAN APPALACHIAN PROJECT (C.A.P.) IN PAINTSVILLE, AND OWENTON COMMUNITY ACTION.AS A RESULT, THE NUMBER OF WOMEN SERVED THROUGH OUR 3-DAY PROGRAMS HAS INCREASED BY 50% IN 2024 COMPARED TO THE PREVIOUS YEAR. THESE PROGRAMS CONTINUE TO OFFER IMPACTFUL CONTENT CENTERED ON SELF-ESTEEM, WELLNESS, AND MOTIVATION, HELPING WOMEN TAKE MEANINGFUL STEPS FORWARD IN THEIR PERSONAL AND PROFESSIONAL LIVES.OUR TWO-WEEK RESIDENTIAL PROGRAM HAS ALSO SHOWN CONTINUED GROWTH. WE PROJECT TO GRADUATE 21 WOMEN IN 2025AN INCREASE OF APPROXIMATELY 31% OVER LAST YEAR'S TOTAL. THESE NUMBERS DEMONSTRATE CLEAR AND SUSTAINED MOMENTUM, AND WE ANTICIPATE CONTINUED GROWTH AND SUCCESS AS WE MOVE INTO 2026.

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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 $518,908
Program Service Revenue $0
Investment Income $119,074
Other Revenue $0
TOTAL REVENUE $637,982

Expense Breakdown

Grants Paid $6,512
Salaries & Benefits $348,928
Fundraising Expenses $63,953
Program Expenses $481,322
Other Expenses $237,189
TOTAL EXPENSES $592,629

Year-over-Year Comparison

2024 2023 Change
Revenue $637,982 $454,653 +0.4%
Expenses $592,629 $582,438 +0.0%
Net Income $45,353 $-127,785 -1.4%
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
11
Independent Members
11
Employees
7
Volunteers
100

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
4
$63,302
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY SCHILL SECRETARY 1.00
Officer Director
$0 $0 $0
LESLIE COMBS TREASURER 1.00
Officer Director
$0 $0 $0
TINA GODBY DIRECTOR 1.00
Director
$0 $0 $0
BRIDGET MCCORMACK-FINLEY DIRECTOR 1.00
Director
$0 $0 $0
ELLE KEYS DIRECTOR 1.00
Director
$0 $0 $0
LATONA GAMBLE DIRECTOR 1.00
Director
$0 $0 $0
ZINNIA HENSLEY PRESIDENT 1.00
Officer Director
$0 $0 $0
ALYS SMITH DIRECTOR 1.00
Director
$0 $0 $0
YOKO NOGAMI DIRECTOR 1.00
Director
$0 $0 $0
ANGIE WEAVER DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER WALDEN EXECUTIVE DIRECTOR 40.00
Officer
$63,302 $0 $63,302
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 $637,982 $592,629 $1,658,545 $45,353
2023 $454,653 $582,438 $1,533,947 $-127,785
2022 $399,884 $497,011 $1,560,953 $-97,127
2021 $513,971 $381,808 $1,855,020 $132,163
2020 $926,017 $393,350 $1,513,229 $532,667
2020 $930,862 $362,413 $1,550,967 $568,449
2019 $370,024 $410,068 $989,951 $-40,044
2018 $269,468 $470,929 $1,022,519 $-201,461
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