NEW POINT ACQUISITIONS INC (EIN 823403457) - 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

FELICIA S PIERCE

Phone

9787458071

Tax Period

2023-01-01 to 2023-12-31

NEW POINT ACQUISITIONS INC, founded in 2017, is a community nonprofit in the Housing & Shelter sector that reported $2.6M in total revenue in fiscal year 2023. Revenue surged 980% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 98% operating margin.

Mission

TO BUY, SELL, MANAGE, LEASE, DEVELOP, AND OTHERWISE DEAL WITH AFFORDABLE HOUSING.

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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 $0

Program Service Revenue $26,097

Investment Income $2,538,203

Other Revenue $0

TOTAL REVENUE $2,564,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,484

Other Expenses $44,484

TOTAL EXPENSES $44,484

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,564,300	$237,379	+9.8%
Expenses	$44,484	$257,782	-0.8%
Net Income	$2,519,816	$-20,403	-124.5%

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

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

$211,806

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK NITKIEWICZ	DIRECTOR	1.00	Officer Director	$0	$0	$0
MIKKI WILSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
FAITH GLICKMAN ROSSI	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DIANA MORENO	CLERK	1.00	Officer Director	$0	$0	$0
ARIEL NOESI	TREASURER	1.00	Director	$0	$0	$0
BRIAN CASTELLANOS	DIRECTOR	1.00	Director	$0	$0	$0
XAVIER COLE	DIRECTOR	1.00	Director	$0	$0	$0
NAOMI COTTRELL	DIRECTOR	1.00	Director	$0	$0	$0
SARAH TARBET	DIRECTOR	1.00	Director	$0	$0	$0
HANNAH GILLIAN COMMOSS	DIRECTOR	1.00	Director	$0	$0	$0
ADRIANA PAZ	DIRECTOR	1.00	Director	$0	$0	$0
EILEEN QUINN	DIRECTOR	1.00	Director	$0	$0	$0
MICKEY NORTHCUTT	CHIEF EXECUTIVE OFFICER	40.00	Officer	$0	$6,199	$211,806
FELICIA PIERCE	CHIEF PROGRAM OFFICER	40.00	Highest	$0	$11,179	$134,469
ILENE VOGEL	DIRECTOR OF REAL ESTATE	40.00	Highest	$0	$257	$137,725
JASON PINA	DIRECTOR OF PORTFOLIO MANAGEMENT	40.00	Highest	$0	$19,219	$139,308

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	$2,564,300	$44,484	$1,930,000	$2,519,816
2022	$237,379	$257,782	$3,356,497	$-20,403
2021	$194,037	$350,804	$2,785,131	$-156,767

NEW POINT ACQUISITIONS INC