NEW CREATIVE SOLUTIONS YOUTH FOUNDATION INC

EIN: 611393477 501(c)(3) Youth Development

ELIZABETHTOWN, KY

Total Revenue
$263,731
Total Expenses
$246,837
Total Assets
$41,476
Net Assets
$40,950
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Principal Officer
JEFFREY J ARMSTRONG
Phone
3174604105
Tax Period
2023-01-01 to 2023-12-31

NEW CREATIVE SOLUTIONS YOUTH FOUNDATION INC is a small nonprofit in the Youth Development sector that reported $264K in total revenue in fiscal year 2023. Expenses of $247K left a modest 6% surplus.

Mission

THE GENERAL PURPOSES OF THE ORGANIZATION ARE TO OPERATE EXCLUSIVELY FOR SUCH YOUTH, CHARITABLE AND EDUCATIONAL PURPOSES AS THE CORPORATION ELECTS. THE SPECIFIC AND PRIMARY PURPOSES FOR WHICH THIS CORPORATION IS FORMED ARE TO OPERATE FOR THE ADVANCEMENT OF YOURH, CHARITABLE AND EDUCATIONAL GOALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $23,151
Program Service Revenue $240,580
Investment Income $0
Other Revenue $0
TOTAL REVENUE $263,731

Expense Breakdown

Grants Paid $0
Salaries & Benefits $84,221
Fundraising Expenses $0
Program Expenses $246,837
Other Expenses $162,616
TOTAL EXPENSES $246,837

Year-over-Year Comparison

2023 2022 Change
Revenue $263,731 $272,968 0.0%
Expenses $246,837 $256,847 0.0%
Net Income $16,894 $16,121 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
25

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
5
$59,003
Total Directors
5
$59,003
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOWANDA ARMSTRONG - DECEASED 31523 EXECUTIVE DI 40.00
Officer Director
$59,003 $0 $59,003
JEFFREY J ARMSTRONG PRESIDENT 40.00
Officer Director
$0 $0 $0
BRIAN BUNCH DIRECTOR 1.00
Director
$0 $0 $0
CYNTHIA LITTLE DIRECTOR 1.00
Director
$0 $0 $0
SHANA ZAJDEL DIRECTOR 1.00
Director
$0 $0 $0
DEBRA BARKUS SECRETARY 1.00
Officer
$0 $0 $0
JOYCE BUNCH TREASURER 1.00
Officer
$0 $0 $0
BRIAN LONG VICE PRESIDE 1.00
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
2023 $263,731 $246,837 $41,476 $16,894
2022 $272,968 $256,847 $27,867 $16,121
Explore More Nonprofits
Top 100 Nonprofits in Kentucky Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NEW CREATIVE SOLUTIONS YOUTH FOUNDATION INC with other nonprofits in Kentucky and across the country.