THE NEW LOCAL CO (EIN 844997090) - Form 990 Financial Analysis & Trantor Score

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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

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

TNL provides a collective platform for local artists to exhibit their work in an elevated, downtown space. In return, our exceptional creators provide innovative art education to the public, focusing outreach towards underserved members of our community.

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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 (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

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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
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

THE NEW LOCAL CO