NEWU INC (EIN 834203520) - 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

2019

Legal Domicile

Principal Officer

Stratsimir Kulinski

Phone

2029681001

Tax Period

2024-07-01 to 2025-06-30

NEWU INC, founded in 2019, is a small nonprofit in the Education sector that reported $712K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $675K left a modest 5% surplus.

Mission

A private nonprofit college in Washington, DC, NewU offers the first 3-year, in-person career-focused Bachelor's degree programs with no summer semesters or course overloads. Our innovations have made college shorter, more practical, and truly affordable.

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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 $205,642

Program Service Revenue $506,675

Investment Income $0

Other Revenue $0

TOTAL REVENUE $712,317

Expense Breakdown

Grants Paid $318,390

Salaries & Benefits $89,417

Fundraising Expenses $0

Program Expenses $630,822

Other Expenses $267,184

TOTAL EXPENSES $674,991

Year-over-Year Comparison

	2024	2023	Change
Revenue	$712,317	$630,845	+0.1%
Expenses	$674,991	$605,477	+0.1%
Net Income	$37,326	$25,368	+0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steven Mitchell Pinkowski	Corporate Secretary and Member of the Board of Directors	1	Director	$0	$0	$0
Kenneth Ward	Member of the Board of Directors	1	Director	$0	$0	$0
Cody Hyman	Member of the Board of Directors	1	Director	$0	$0	$0
Stratsimir Kulinski	President and CEO	60	Officer	$0	$0	$0
Elena Krumova	Chief Academic Officer	40	Officer	$0	$0	$0
Viktoriya Zotova	CFO	40	Officer	$0	$0	$0
Joshua Morrison	Chief Student Journey Officer	30	Officer	$0	$0	$0
Jonas Rolett	Chief Development Officer	10	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
2025	$712,317	$674,991	$902,591	$37,326
2024	$630,845	$605,477	$114,270	$25,368

NEWU INC