New Genesis 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

1995

Legal Domicile

Principal Officer

Joyce Coville

Phone

3038810953

Tax Period

2023-01-01 to 2023-12-31

New Genesis Inc, founded in 1995, is a micro nonprofit that reported $100K in total revenue in fiscal year 2023. Revenue fell 79% from the prior year — a significant decline worth monitoring.

Mission

New Genesis provides housing, food and social services to men, women and families striving to become self-sufficient. Our blueprint for achieving this includes sobriety, stable employment and savings.

Program Service Accomplishments

Program 1

Revenue: $55,286

Provision of temporary shelter and meals for working homeless men of Denver, CO. Program includes case management services to eliminate substance abuse, stabilize and/or improve employability and...

Provision of temporary shelter and meals for working homeless men of Denver, CO. Program includes case management services to eliminate substance abuse, stabilize and/or improve employability and build the personal savings needed to qualify for low-income public housing. # served during 2023 (from 1/1/2023 to 1/31/2023) = 75.

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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 $55,286

Investment Income $0

Other Revenue $44,505

TOTAL REVENUE $99,791

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	$99,791	$483,350	-0.8%
Expenses	N/A	$735,130	-1.0%
Net Income	N/A	$-251,780	N/A

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
Mark Meyer	Treasurer	1.00	Officer Director	$0	$0	$0
Joyce Coville	President	2.00	Officer Director	$0	$0	$0
Bruce Hegestedt	Director	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
2023	$99,791	No data	No data	No data
2022	$483,350	$735,130	$94,559	$-251,780
2021	$723,039	$715,080	$169,694	$7,959
2020	$769,775	$789,616	$129,302	$-19,841
2019	$720,944	$756,090	$144,407	$-35,146
2018	$777,519	$769,244	$188,503	$8,275