NOVO BROTHERS FOUNDATION INC

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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

2021

Legal Domicile

Principal Officer

DENNIS NOVO HERNANDEZ

Phone

3055705090

Tax Period

2022-01-01 to 2022-12-31

NOVO BROTHERS FOUNDATION INC, founded in 2021, is a micro nonprofit that reported $59K in total revenue in fiscal year 2022. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

Novo Brothers Foundation purpose is to provide excellence and greatness in the lives of the people with moral and ethics, enrich the athletic, academic, and emotional abilities within our community to reach their potential. To provide an environment of positive influences, by encouraging self-confidence, and self-esteem to develop the skills to fun

Program Service Accomplishments

Program 1

Expenses: $59,007 Revenue: $59,053

Our foundation provides martial arts classes Karate, Judo, Taekwondo, Ju-Jitsu and more, combined with after school care, tutoring, and art classes.

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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 (2022)

Revenue Breakdown

Contributions & Grants $19,020

Program Service Revenue $40,033

Investment Income $0

Other Revenue $0

TOTAL REVENUE $59,053

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,007

Other Expenses $59,007

TOTAL EXPENSES $59,007

Year-over-Year Comparison

	2022	2021	Change
Revenue	$59,053	$48,832	+0.2%
Expenses	$59,007	$53,708	+0.1%
Net Income	$46	$-4,876	-1.0%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNIS NOVO HERNANDEZ	PRESIDENT	040.00	Officer Director	$0	$0	$0
DORALVIS DELGADO LOPEZ	SECRETARY	040.00	Officer Director	$0	$0	$0
JENIA PIEDRA	TREASURER	040.00	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
2022	$59,053	$59,007	$5,951	$46
2021	$48,832	$53,708	$5,905	$-4,876