The New Joy Community Services

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

Michael Williams

Tax Period

2020-01-01 to 2020-12-31

The New Joy Community Services, founded in 2016, is a small nonprofit in the Religion sector that reported $250K in total revenue in fiscal year 2020. Expenses of $216K left a modest 13% surplus.

Mission

The primary Mission of the New Joy Community Services is to create an alternative academic environment for at risk adolescents, in areas such as tutoring, academic development and technical skills.

Program Service Accomplishments

Program 1

Expenses: $141,300 Revenue: $250,000

The New Joy Community Services is created to provide supplement academic achievement to at risk adolescent students. The following services are provided:1. Round-trip transportation from the students residence to an approved on-site learning facility. 2. Personal one-on-one academic tutoring is provided on a one-on-one student level.3. Electronic skills training is provided to each student per needs identified.4. Computer training such as: Word Document, Power Point, Excell are provided to each student per needs identified.5. Personal one-on-one English Language Comprension Tutoring is provided per student need identified.6. Daily Lunch Meals are provided to all attending students.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $250,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $250,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $107,000

Fundraising Expenses $0

Program Expenses $141,300

Other Expenses $109,300

TOTAL EXPENSES $216,300

Year-over-Year Comparison

	2020	2019	Change
Revenue	$250,000	N/A	N/A
Expenses	$216,300	N/A	N/A
Net Income	$33,700	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Michael Williams	CFO	Officer	$0	$0	$0
Sharon Williams	Secretary	Officer	$0	$0	$0
Michael Williams	CEO	Officer	$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
2020	$250,000	$216,300	$33,700	$33,700
2019	$156,300	$79,000	$141,300	$77,300