New East Baltimore Community Assoc… - Form 990 Financial Data

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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

2015

Legal Domicile

Principal Officer

Tim Sanders

Phone

5023579000

Tax Period

2024-01-01 to 2024-12-31

New East Baltimore Community Association Inc, founded in 2015, is a community nonprofit in the Community Improvement sector that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 8% surplus.

Mission

TO SUPPORT, BEAUTIFY, MAINTAIN, AND PRESERVE THE NEW EAST BALTIMORE COMMUNITY, AN 88 ACRE SITE THAT IS BEING REDEVELOPED INTO A MIXED USE NEIGHBORHOOD. THE ASSOCIATION'S ACTIVITIES WILL ENSURE THE SUCCESS OF THE COMMUNITY, BENEFITING PROPERTY OWNERS, RESIDENTS, AND VISITORS TO THE COMMUNITY, AS WELL AS SPURRING ECONOMIC DEVELOPMENT IN NEIGHBORING AREAS AND BALTIMORE CITY AS A WHOLE.

Program Service Accomplishments

Program 1

Expenses: $1,595,570 Revenue: $1,744,931

THE ASSOCIATION'S PRIMARY ACTIVITY INVOLVES ARRANGING FOR SERVICES THAT PRESERVE AND BEAUTIFY THE COMMUNITY, IMPROVE PUBLIC FACILITIES WITHIN THE COMMUNITY AND PREVENT PHYSICAL DETERIORATION OF THE COMMUNITY. SERVICES INCLUDE ARRANGING FOR PRIVATE SECURITY, STREET AND SIDEWALK CLEANING, BOARDING OF VACANT BUILDINGS, SNOW AND RUBBISH REMOVAL, PUBLIC AREA LANDSCAPING AND GRASS CUTTING, AS WELL AS MAINTAINING EAGER PARK.

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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 $1,744,931

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,744,931

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,444

Fundraising Expenses $0

Program Expenses $1,595,570

Other Expenses $1,558,191

TOTAL EXPENSES $1,599,635

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,744,931	$1,578,877	+0.1%
Expenses	$1,599,635	$1,578,061	+0.0%
Net Income	$145,296	$816	+177.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Tim Sanders	President & Voting Director	Officer Director	$0	$0	$0
Ian Hughes	VP & Voting Director	Officer Director	$0	$0	$0
Rob Shovan	Secretary & Voting Director	Officer Director	$0	$0	$0
Sophia Ladouceur	Voting Director	Director	$0	$0	$0
Cheryl Washington	Advisory Director	Director	$0	$0	$0
Karen Johnson	Advisory Director	Director	$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
2024	$1,744,931	$1,599,635	$215,920	$145,296
2023	$1,578,877	$1,578,061	$153,404	$816
2022	$1,280,330	$1,347,401	$81,345	$-67,071
2021	$1,306,468	$1,306,468	$242,506	No data
2020	$1,380,331	$1,380,331	$41,952	No data
2019	$1,282,947	$1,282,947	$100,767	No data
2018	$1,261,707	$1,261,707	$157,144	No data

New East Baltimore Community Association Inc