CAPITAL AREA NEW MAINERS PROJECT CHRIS MYERS ASCH (EIN 822409525) - 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

CHRIS MYERS ASCH

Phone

2073705246

Tax Period

2023-01-01 to 2023-12-31

CAPITAL AREA NEW MAINERS PROJECT CHRIS MYERS ASCH, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $311K in total revenue in fiscal year 2023. Revenue surged 192% from the prior year, signaling strong growth momentum.

Mission

CAPITAL AREA NEW MAINERS PROJECT HELPS IMMIGRANTS FIND AND SECURE APPROPRIATE HOUSING BY NEGOTIATING WITH LANDLORDS, PROVIDING FINANCIAL ASSISTANCE, AND SUBLEASING PROPERTIES TO IMMIGRANT FAMILIES.

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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 $139,416

Program Service Revenue $171,888

Investment Income $75

Other Revenue $0

TOTAL REVENUE $311,379

Expense Breakdown

Grants Paid $17,270

Salaries & Benefits $60,111

Fundraising Expenses $0

Program Expenses $276,597

Other Expenses $230,286

TOTAL EXPENSES $307,667

Year-over-Year Comparison

	2023	2022	Change
Revenue	$311,379	$106,575	+1.9%
Expenses	$307,667	$109,290	+1.8%
Net Income	$3,712	$-2,715	-2.4%

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

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

$39,992

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS MYERS ASCH	EXECUTIVE DI	25.00	Officer	$39,992	$0	$39,992
AAMINAH ALEEM	DIRECTOR	1.00	Director	$0	$0	$0
HASAN ALKHAFAJI	DIRECTOR	1.00	Director	$0	$0	$0
MARIA FUENTES	DIRECTOR	1.00	Director	$0	$0	$0
CHELSEA MCCOLLETT	DIRECTOR	1.00	Director	$0	$0	$0
SARAH SHED	DIRECTOR	1.00	Director	$0	$0	$0
SOUMIA TBER	BOARD CHAIR	1.00	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	$311,379	$307,667	$406,231	$3,712
2022	$353,013	$259,317	$416,001	$93,696
2022	$106,575	$109,290	$410,467	$-2,715
2021	$256,926	$227,172	$330,575	$29,754

CAPITAL AREA NEW MAINERS PROJECT CHRIS MYERS ASCH