NEW ENERGY NEXUS ENVENTURE

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

DANNY KENNEDY

Phone

4159570167

Tax Period

2023-01-01 to 2023-12-31

NEW ENERGY NEXUS ENVENTURE, founded in 2019, is a micro nonprofit in the Community Improvement sector that reported $35K in total revenue in fiscal year 2023.

Mission

SUPPORT RURAL COOPERATIVES AND COMMUNITY-BASED ORGANIZATIONS IN UGANDAWORKING ON CLEAN ENERGY INITIATIVES.

Program Service Accomplishments

Program 1

Expenses: $35,177

NEW ENERGY NEXUS ENVENTURE IS WORKING ON COMPLETING THE MERGER WITH ENVENTURE AND IS ALREADY CONTINUING THE ACTIVITIES OF ENVENTURE: SUPPORTING RURAL COOPERATIVES AND COMMUNITY-BASED ORGANIZATIONS IN UGANDA WORKING ON CLEAN ENERGY INITIATIVES. THE ACTIVITIES INCLUDEPROVIDING SEED FUNDING AND ACCELERATOR PROGRAMS TO HELP ENTREPRENEURS IN THE CLEAN ENERGY SPACE SCALE THEIR BUSINESSES IN UGANDA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $35,250

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $35,250

Expense Breakdown

Grants Paid $35,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,177

Other Expenses $3,547

TOTAL EXPENSES $38,547

Year-over-Year Comparison

	2023	2022	Change
Revenue	$35,250	N/A	N/A
Expenses	$38,547	$39,150	0.0%
Net Income	$-3,297	$-39,150	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$453,671

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IAN ROGOFF	CHAIRMAN	1.00	Director	$0	$0	$0
JONATHAN FOSTER	SECRETARY/TREASURER	1.00	Director	$0	$0	$0
MICHEL GELOBTER	BOARD MEMBER / DIRECTOR	1.00	Director	$0	$0	$0
CHIA-LIN SIMMONS	BOARD MEMBER / DIRECTOR	1.00	Director	$0	$0	$0
DANNY KENNEDY	PRESIDENT	1.00	Officer	$0	$38,440	$260,390
CHRISTINA BORSUM	CFO	1.00	Officer	$0	$9,586	$193,281
GRACE NITAFAN	CONTROLLER	1.00	Highest	$0	$13,657	$169,379

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	$35,250	$38,547	$39,216	$-3,297
2022	No data	$39,150	$49,468	No data
2021	$33,360	$28,961	$84,093	$4,399