Newtons Road Northwest

EIN: 843024496 501(c)(3) Education

Traverse City, MI

Total Revenue
$270,958
Total Expenses
$224,297
Total Assets
$135,688
Net Assets
$15,926
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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
2020
Legal Domicile
MI
Tax Period
2021-01-01 to 2021-12-31

Newtons Road Northwest, founded in 2020, is a small nonprofit in the Education sector that reported $271K in total revenue in fiscal year 2021. Revenue surged 181% from the prior year, signaling strong growth momentum. The organization ran a surplus of $47K, a strong 17% operating margin.

Mission

Newtons Road is an independent nonprofit organization dedicated to STEM-related learning for all youth in the 5 county region. Through these experiences and career exploration, we empower our young people to thrive in our community and beyond.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $270,893
Program Service Revenue $0
Investment Income $65
Other Revenue $0
TOTAL REVENUE $270,958

Expense Breakdown

Grants Paid $0
Salaries & Benefits $154,426
Fundraising Expenses $20,997
Program Expenses $195,448
Other Expenses $69,871
TOTAL EXPENSES $224,297

Year-over-Year Comparison

2021 2020 Change
Revenue $270,958 $96,397 +1.8%
Expenses $224,297 $203,892 +0.1%
Net Income $46,661 $-107,495 -1.4%
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

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Governance

Voting Members
10
Independent Members
10
Employees
4
Volunteers
N/A

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
3
$0
Total Directors
10
$0
Key Employees
1
$75,542
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barbara S Termaat Executive Director 40.00
Key Emp
$75,542 $0 $75,542
Matthew Olson Board Member 0.50
Director
$0 $0 $0
Jay Meldrum Board Member 0.50
Director
$0 $0 $0
Heidi Skodack Board Member 0.50
Director
$0 $0 $0
Christine Roberts Board Member 0.50
Director
$0 $0 $0
Don Howe Board Member 0.50
Director
$0 $0 $0
Jason Slade Board Member 1.00
Director
$0 $0 $0
Mike Groleau Board Member 0.50
Director
$0 $0 $0
William Myers Chair 3.00
Officer Director
$0 $0 $0
Gregorgy H Johnson Vice ChairTreasurer 1.00
Officer Director
$0 $0 $0
Cody Kangas Secretary 0.50
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
2021 $270,958 $224,297 $135,688 $46,661
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