NEW MILLENNIUM BUILDING COMPANY (EIN 815179098) - 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

2016

Legal Domicile

Principal Officer

NICHOLE SCHMIDT

Phone

7632357900

Tax Period

2024-07-01 to 2025-06-30

NEW MILLENNIUM BUILDING COMPANY, founded in 2016, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. The organization ran a surplus of $254K, a strong 18% operating margin.

Mission

TO SUPPORT THE MISSION AND VISION OF NEW MILLENNIUM ACADEMY THROUGH THE OWNERSHIP OF REAL PROPERTY.

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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 $1,265,375

Investment Income $84,191

Other Revenue $44,284

TOTAL REVENUE $1,393,850

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,101,213

Other Expenses $1,139,710

TOTAL EXPENSES $1,139,710

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,393,850	$1,358,567	+0.0%
Expenses	$1,139,710	$1,145,891	0.0%
Net Income	$254,140	$212,676	+0.2%

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

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

$213,983

Total Directors

$213,983

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLE SCHMIDT	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTINE REED	TREASURER	1.00	Officer Director	$0	$20,280	$129,715
XAO VANG	SECRETARY	1.00	Officer Director	$0	$12,196	$84,268

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	$1,393,850	$1,139,710	$14,321,940	$254,140
2024	$1,358,567	$1,145,891	$14,443,541	$212,676
2023	$1,315,629	$1,204,617	$14,579,722	$111,012
2022	$1,263,272	$1,176,700	$14,710,479	$86,572
2021	$1,267,555	$1,188,674	$14,924,605	$78,881
2020	$1,242,409	$1,203,704	$15,132,964	$38,705
2019	$1,168,767	$1,205,793	$15,235,684	$-37,026
2018	$1,184,166	$1,115,475	$15,370,560	$68,691

NEW MILLENNIUM BUILDING COMPANY