NEWSED COMMUNITY DEVELOPMENT CORP INC (EIN 742275534) - 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

1983

Legal Domicile

Principal Officer

ANDREA BARELA

Phone

3035348342

Tax Period

2023-01-01 to 2023-12-31

NEWSED COMMUNITY DEVELOPMENT CORP INC, founded in 1983, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Net assets of $4.4M represent 35 months of operating reserves.

Mission

NEWSED COMMUNITY DEVELOPMENT CORPORATION, INC. (NEWSED CDC) WAS CREATED TO DEVELOP LOW INCOME HOUSING OPPORTUNITES, TO IDENTIFY AND ELIMINATE DISCRIMINATION IN THE HOUSING AREA, AND TO RAISE ECONOMIC, EDUCATIONAL, CULTURAL AND SOCIAL LEVEL OF THE RESIDENTS ON THE CITY AND COUNTY OF DENVER .

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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 $1,275,194

Program Service Revenue $294,835

Investment Income $10,255

Other Revenue $-56,810

TOTAL REVENUE $1,523,474

Expense Breakdown

Grants Paid $0

Salaries & Benefits $814,920

Fundraising Expenses $58,411

Program Expenses $1,148,186

Other Expenses $714,487

TOTAL EXPENSES $1,529,407

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,523,474	$1,188,013	+0.3%
Expenses	$1,529,407	$1,686,177	-0.1%
Net Income	$-5,933	$-498,164	-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

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

$122,113

Total Directors

$122,113

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH GEIS	CHAIR	1.00	Officer Director	$0	$0	$0
MARIE ESQUEDA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JENNIFER BREZICHA	TREASURER	1.00	Officer Director	$0	$0	$0
GREG TOTTEN	SECRETARY	1.00	Officer Director	$0	$0	$0
NICOLE MARQUEZ	PAST CHAIR	1.00	Officer Director	$0	$0	$0
JOSE ARAGON	DIRECTOR	1.00	Director	$0	$0	$0
LARRY MARTINEZ	DIRECTOR	1.00	Director	$0	$0	$0
JON PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA BARELA	PRESIDENT &	40.00	Officer Director	$115,000	$7,113	$122,113

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	$1,523,474	$1,529,407	$7,209,233	$-5,933
2022	$1,188,013	$1,686,177	$8,421,246	$-498,164
2021	$1,627,942	$1,010,846	$8,866,645	$617,096
2021	$1,627,942	$1,010,846	$8,866,645	$617,096
2020	$733,425	$1,015,886	$8,249,720	$-282,461
2019	$1,129,171	$1,709,247	$8,343,969	$-580,076
2018	$942,814	$1,536,748	$8,990,316	$-593,934

NEWSED COMMUNITY DEVELOPMENT CORP INC