New Way Global (EIN 821359139) - 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

2017

Legal Domicile

Principal Officer

Allan Sherer

Phone

8644511813

Tax Period

2023-01-01 to 2023-12-31

New Way Global, founded in 2017, is a small nonprofit in the Human Services sector that reported $249K in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $50K, a strong 20% operating margin.

Mission

Meet practical needs and propagate Christian faith.

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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 $225,278

Program Service Revenue $23,752

Investment Income $0

Other Revenue $0

TOTAL REVENUE $249,030

Expense Breakdown

Grants Paid $0

Salaries & Benefits $97,095

Fundraising Expenses $0

Program Expenses $187,043

Other Expenses $102,416

TOTAL EXPENSES $199,511

Year-over-Year Comparison

	2023	2022	Change
Revenue	$249,030	$469,319	-0.5%
Expenses	$199,511	$439,342	-0.5%
Net Income	$49,519	$29,977	+0.7%

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

$12,550

Total Directors

$12,550

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Allan Sherer	President	15.00	Officer Director	$12,550	$0	$12,550
Ross Robinson	Secretary	5.00	Officer Director	$0	$0	$0
Doug Dunton	Treasurer	5.00	Officer 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	No data	No data	No data	No data
2023	$249,030	$199,511	$234,729	$49,519
2023	$249,030	$199,511	$234,729	$49,519
2022	$452,234	$436,245	$167,633	$15,989
2021	$372,608	$234,369	$153,834	$138,239

New Way Global