NEW LEFT ACCELERATOR (EIN 822590752) - 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

JENNIFER CHEYNE

Phone

4153140829

Tax Period

2024-01-01 to 2024-12-31

NEW LEFT ACCELERATOR, founded in 2017, is a community nonprofit in the Public & Societal Benefit sector that reported $1.5M in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. Net assets of $3.0M represent 25 months of operating reserves.

Mission

NEW LEFT ACCELERATOR EMPOWERS PROGRESSIVE LEADERS TO TRANSFORM THEIR IDEAS INTO IMPACT. WE ACCOMPLISH THIS BY RUNNING AN ACCELERATOR PROGRAM AND SERVING AS A RESOURCE CLEARINGHOUSE FOR PROMISING NEW PROGRESSIVE ORGANIZATIONS.

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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 $1,362,350

Program Service Revenue $129,200

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,491,550

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $576,978

Fundraising Expenses $109,108

Program Expenses $1,230,536

Other Expenses $990,459

TOTAL EXPENSES $1,587,437

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,491,550	$3,374,252	-0.6%
Expenses	$1,587,437	$2,178,284	-0.3%
Net Income	$-95,887	$1,195,968	-1.1%

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

$127,705

Total Directors

$127,705

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIO LUGAY	MEMBER	1.00	Director	$0	$0	$0
GUILLERMO QUINTEROS	MEMBER	1.00	Director	$0	$0	$0
CAMERON HOLLAND	MEMBER	1.00	Director	$0	$0	$0
DEBORAH BARRON	EXECUTIVE DIR.	40.00	Officer Director	$50,507	$22,619	$73,126
JENNIFER CHEYNE	SECRETARY	40.00	Officer Director	$54,579	$0	$54,579
SHRUTI GARG	TREASURER	1.00	Officer Director	$0	$0	$0
MAYA THORNELL SANDIFOR	CHAIRWOMAN	1.00	Officer Director	$0	$0	$0
MARJ PLUMB	MEMBER	1.00	Director	$0	$0	$0
SUNEELA JAIN	MEMBER	1.00	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	$1,491,550	$1,587,437	$3,226,753	$-95,887
2023	$3,374,252	$2,178,284	$3,233,739	$1,195,968
2022	$2,591,223	$1,569,458	$2,044,049	$1,021,765
2021	$993,189	$758,604	$946,683	$234,585
2020	$926,047	$459,795	$696,533	$466,252
2019	$344,411	$242,098	$234,948	$102,313

NEW LEFT ACCELERATOR