New Futures Inc (EIN 631177793) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

Lou Justice

Phone

2569293215

Tax Period

2024-01-01 to 2024-12-31

NEW FUTURES INC, founded in 1996, is a small nonprofit in the Human Services sector that reported $398K in total revenue in fiscal year 2022. Revenue surged 124% from the prior year, signaling strong growth momentum. The organization ran a surplus of $69K, a strong 17% operating margin.

Mission

To support long-term transitional housing trhat will encourage clients to become independent self reliant, and have a positive perspective regarding their future

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $197,422

Program Service Revenue $36,450

Investment Income $3,917

Other Revenue $0

TOTAL REVENUE $237,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $155,299

Fundraising Expenses $7,991

Program Expenses $269,837

Other Expenses $138,566

TOTAL EXPENSES $293,865

Year-over-Year Comparison

	2024	2023	Change
Revenue	$237,789	$302,619	-0.2%
Expenses	$293,865	$256,979	+0.1%
Net Income	$-56,076	$45,640	-2.2%

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

Volunteers

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

$53,700

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Dwyer	President	3.00	Officer Director	$0	$0	$0
Lou Justice	Treasurer	12.00	Officer Director	$0	$0	$0
Cindy Davis	Secretary	2.00	Officer Director	$0	$0	$0
Lynel Moore	Member	2.00	Director	$0	$0	$0
Matt Bender	Member	2.00	Director	$0	$0	$0
Nancy Parsons	Member	2.00	Director	$0	$0	$0
Patty Matice	Member	2.00	Director	$0	$0	$0
Barion Palmer	Member	2.00	Director	$0	$0	$0
Tanya Rains	Executive Director	40.00	Key Emp	$53,700	$0	$53,700

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	$237,789	$293,865	$502,220	$-56,076
2023	$302,619	$256,979	$571,086	$45,640
2023	$305,692	$265,143	$567,003	$40,549
2022	$397,949	$328,760	$543,517	$69,189

New Futures Inc