NEWLANDS HEALTH INC (EIN 821682775) - 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

HELENA KWAKWA

Phone

2159411236

Tax Period

2023-01-01 to 2023-12-31

NEWLANDS HEALTH INC, founded in 2017, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $1.2M left a modest 14% surplus.

Mission

TO PROVIDE MEDICAL TESTING, TREATMENT AND DIAGNOSTICS FOR VARIOUS AILMENTS, SUCH AS HEPATITIS B AND C, AS WELL AS A VARIETY OF NURTITIONAL CARE.

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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 $200,152

Program Service Revenue $1,168,366

Investment Income $22,762

Other Revenue $0

TOTAL REVENUE $1,391,280

Expense Breakdown

Grants Paid $0

Salaries & Benefits $533,544

Fundraising Expenses $0

Program Expenses $1,010,825

Other Expenses $669,066

TOTAL EXPENSES $1,202,610

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,391,280	$15,129,400	-0.9%
Expenses	$1,202,610	$14,560,536	-0.9%
Net Income	$188,670	$568,864	-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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUIS COLON	MEMBER	2.00	Director	$0	$0	$0
JACK DRUMMOND	CHAIR	5.00	Director	$0	$0	$0
DONNA GORDON	MEMBER	2.00	Director	$0	$0	$0
RAYMOND JONES	MEMBER	2.00	Director	$0	$0	$0
ELHADJ NDIAYE	MEMBER	2.00	Director	$0	$0	$0
INEM OLUBAJO	MEMBER	2.00	Director	$0	$0	$0
BARBARA SLUSHER	TREASURER	5.00	Director	$0	$0	$0
PHILIP UDO-INYANG	SECRETARY	5.00	Director	$0	$0	$0
SHELISE WONGUS	MEMBER	2.00	Director	$0	$0	$0
OUMAR GAYE	OFFICER	40.00	Officer	$0	$0	$0
HELENA KWAKWA	OFFICER	40.00	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
2023	$1,391,280	$1,202,610	$2,736,466	$188,670
2022	$15,129,400	$14,560,536	$1,677,435	$568,864
2021	$8,229,782	$7,623,797	$1,159,090	$605,985
2020	$1,045,487	$1,307,545	$629,599	$-262,058
2019	$1,147,718	$909,701	$795,971	$238,017
2018	$773,913	$449,938	$439,028	$323,975

NEWLANDS HEALTH INC