NEW DAY INC (EIN 810488326) - 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

1994

Legal Domicile

Principal Officer

LESLI ASAY

Phone

4068694075

Tax Period

2023-01-01 to 2023-12-31

NEW DAY INC, founded in 1994, is a community nonprofit in the Mental Health sector that reported $5.2M in total revenue in fiscal year 2023. Expenses of $6.7M exceeded revenue, resulting in a 28% operating deficit.

Mission

TO PROVIDE SERVICES/PROGRAMS FOR THE CARE, THERAPY, EDUCATION AND RECREATION, AND ACCOMMODATIONS FOR THE RESIDENTS.

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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 $730,969

Program Service Revenue $4,084,316

Investment Income $280,299

Other Revenue $144,125

TOTAL REVENUE $5,239,709

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,716,537

Fundraising Expenses $0

Program Expenses $5,341,877

Other Expenses $1,976,524

TOTAL EXPENSES $6,693,061

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,239,709	$4,894,274	+0.1%
Expenses	$6,693,061	$6,929,641	0.0%
Net Income	$-1,453,352	$-2,035,367	-0.3%

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

128

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

$305,236

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF BERGER	CHAIR	2.00	Officer Director	$0	$0	$0
SANDY BERKSHIRE	SECRETARY/TREASURER	3.00	Officer Director	$0	$0	$0
EDIE ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
ANNA FISHER	DIRECTOR	1.00	Director	$0	$0	$0
PAUL TUTOKEY	DIRECTOR	1.00	Director	$0	$0	$0
JULIA HAUBER	DIRECTOR	1.00	Director	$0	$0	$0
JOSH BRADY	DIRECTOR	1.00	Director	$0	$0	$0
KRIS BEUHLER	DIRECTOR	1.00	Director	$0	$0	$0
SHERI BOELTER	CEO	40.00	Officer	$197,475	$5,231	$202,706
LESLI ASAY	INTERIM CEO	40.00	Officer	$100,499	$2,031	$102,530

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	$5,239,709	$6,693,061	$8,171,047	$-1,453,352
2023	$5,571,414	$6,580,312	$8,338,426	$-1,008,898
2022	$4,894,274	$6,929,641	$9,799,314	$-2,035,367
2021	$6,703,112	$5,719,391	$10,955,897	$983,721
2020	$7,170,376	$5,738,621	$10,362,772	$1,431,755
2019	$5,583,961	$5,268,266	$9,175,062	$315,695

NEW DAY INC