NewView

EIN: 844800281 501(c)(3) Community Improvement

Seattle, WA

Total Revenue
$243,719
Total Expenses
$81,685
Total Assets
$162,034
Net Assets
$162,034
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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
WA
Principal Officer
Debra Somberg
Phone
3477383759
Tax Period
2020-02-01 to 2020-12-31

NewView, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $244K in total revenue in fiscal year 2020. The organization ran a surplus of $162K, a strong 66% operating margin.

Mission

NewView enables organizations to embrace the power of cross-sector thinking, repurposing existing resources in innovative ways that create unique proprietary approaches and leveraged investment for organizations to improve their core businesses while addressing underlying social problems.

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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 (2020)

Revenue Breakdown

Contributions & Grants $243,715
Program Service Revenue $0
Investment Income $4
Other Revenue $0
TOTAL REVENUE $243,719

Expense Breakdown

Grants Paid $0
Salaries & Benefits $71,746
Fundraising Expenses $0
Program Expenses $42,922
Other Expenses $9,939
TOTAL EXPENSES $81,685

Year-over-Year Comparison

2020 2019 Change
Revenue $243,719 N/A N/A
Expenses $81,685 N/A N/A
Net Income $162,034 N/A 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

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Governance

Voting Members
3
Independent Members
1
Employees
1
Volunteers
1

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
2
$69,053
Total Directors
3
$69,053
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Debra Somberg President 20.00
Officer Director
$30,000 $0 $30,000
Allison Zimmermann Co-Founder 40.00
Officer Director
$39,053 $0 $39,053
Ann Watson Board Member 0.50
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
2020 $243,719 $81,685 $162,034 $162,034
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