NEW VENTURES ENTERPRISES INC (EIN 810581180) - 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

2002

Legal Domicile

Principal Officer

MIKE WILSON

Phone

7068827723

Tax Period

2024-07-01 to 2025-06-30

NEW VENTURES ENTERPRISES INC, founded in 2002, is a small nonprofit in the Human Services sector that reported $944K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $914K left a modest 3% surplus.

Mission

TO PROVIDE COMPREHENSIVE EDUCATIONAL, THERAPEUTIC AND VOCATIONAL EVALUATIONS, SUPPORTED EMPLOYMENT AND JOB PLACEMENT SERVICES FOR PERSONS WITH DISABILITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $910,462

Investment Income $33,323

Other Revenue $0

TOTAL REVENUE $943,785

Expense Breakdown

Grants Paid $133,965

Salaries & Benefits $426,071

Fundraising Expenses $0

Program Expenses $708,747

Other Expenses $353,916

TOTAL EXPENSES $913,952

Year-over-Year Comparison

	2024	2023	Change
Revenue	$943,785	$727,486	+0.3%
Expenses	$913,952	$920,069	0.0%
Net Income	$29,833	$-192,583	-1.2%

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

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

$82,452

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK CREWS	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
ALEX DIXON	SECRETARY	1.00	Officer Director	$0	$0	$0
TIM ANDERSON	TREASURER	1.00	Officer Director	$0	$0	$0
KATHY FRENCH	DIRECTOR	1.00	Director	$0	$0	$0
MIKE WILSON	CEO	40.00	Officer	$0	$0	$82,452

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
2025	$943,785	$913,952	$1,589,679	$29,833
2024	$727,486	$920,069	$1,609,665	$-192,583
2023	$1,327,168	$980,110	$1,824,176	$347,058
2022	$1,797,806	$1,475,549	$1,339,872	$322,257
2021	$1,650,557	$826,035	$1,166,171	$824,522
2020	$947,720	$719,762	$479,337	$227,958
2019	$463,179	$520,111	$204,183	$-56,932
2018	$681,497	$658,229	$229,917	$23,268

NEW VENTURES ENTERPRISES INC