THE NEW LOCAL CO

🔒

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

2022

Legal Domicile

Phone

6076249773

Tax Period

2024-01-01 to 2024-12-31

THE NEW LOCAL CO, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $597K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion.

Mission

THE NEW LOCAL fosters a working gallery environment, infusing Boulder County with local, artistic and innovative aspects of design through education and community connectivity, specifically among female artists.

Program Service Accomplishments

Program 1

Expenses: $501,421

COMMUNITY ARTS OUTREACH-bringing our mission of accessible arts education into the larger Boulder community through classes, workshops and art programs, all taught by our roster of talented creators.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $170,772

Program Service Revenue $426,533

Investment Income $0

Other Revenue $0

TOTAL REVENUE $597,305

Expense Breakdown

Grants Paid $0

Salaries & Benefits $116,955

Fundraising Expenses $6,467

Program Expenses $501,421

Other Expenses $476,958

TOTAL EXPENSES $593,913

Year-over-Year Comparison

	2024	2023	Change
Revenue	$597,305	$499,623	+0.2%
Expenses	$593,913	$602,812	0.0%
Net Income	$3,392	$-103,189	-1.0%

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

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
MARIE-JULIETTE BEER	President	25.00	Officer Director	$0	$0	$0
ERIKA RANDALL	Vice President	2.00	Officer Director	$0	$0	$0
RACHAEL ISRAEL	Secretary	2.00	Officer Director	$0	$0	$0
BETH VAN DE WATER	Treasurer	2.00	Officer Director	$0	$0	$0
JENNA KEENAN	Treasurer	2.00	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
2024	$597,305	$593,913	$57,646	$3,392
2023	$499,623	$602,812	$49,861	$-103,189