SYRACUSE, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW MARKET OPPORTUNITY FUND INC, founded in 2019, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 346% from the prior year, signaling strong growth momentum.
The Corporation is a public benefit corporation that is organized and operated exclusively to benefit perform and carry out the charitable educational and other exempt purposes of the Enfocus Inc. an Indiana nonprofit corporation Enfocus Association of Indiana Enterprise Zones Inc. an Indiana nonprofit corporation and its members collectively referred to as AIEZ and any other supported organizations to be added by the Corporation from time to time by amendment to these Articles collectively referred to as the Supported Organizations as such purposes are described in Sections 170c2B 501c3 2055a2 and 2522a2 of the Internal Revenue Code of 1986 as amended or corresponding provisions of any subsequent federal tax laws the Code and set forth in the Articles of Incorporation of the Supported Organizations which include or contemplated those purposes set forth in Schedule O: SEE SCHEDULE O.
Assist in the organization of a statewide community development entity to facilitate financing of economic development and job creation for low income persons in low income communities. Anticipate...
Assist in the organization of a statewide community development entity to facilitate financing of economic development and job creation for low income persons in low income communities. Anticipate assisting the state of Indiana and the local government in the financing over $75,000,000 for the expansion of industrial small businesses located in a low income communities that will create over 600 jobs with wages excess of the MIT living wage with benefits most of which will be assessible to low income person without a college degree.
Assist in the organization of its second community development entity to facilitate financing of economic development and job creation for low income persons in low income communities targeted by...
Assist in the organization of its second community development entity to facilitate financing of economic development and job creation for low income persons in low income communities targeted by local government for economic development. Assisted the state of Indiana and the city of Kokomo in the financing over $75,000,000 in public infrastructure required for a electric vehicle battery plant located in a low income community that will create over 1,400 jobs with wages excess of the MIT living wage with benefits most of which will be assessible to low income person without a college degree.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,268,632 | $284,611 | +3.5% |
| Expenses | N/A | N/A | N/A |
| Net Income | N/A | $284,611 | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dennis Carson | GOVERNING BOARD DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| S Joe DeHaven | GOVERNING BOARD DIRECTOR | 0.25 |
Director
|
$0 | $0 | $208,560 |
| Frank Hoffman | SECRETARY TREASURER | 1.00 |
Officer
|
$0 | $0 | $0 |
| Andrew Wiand | PRESIDENT GOVERNING BOARD DIRECTOR | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| TERRI CZAJKA | ADVISORY BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| PETER GILES | ADVISORY BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| JOBI GOLDEN | ADVISORY BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| ALAN JONES | ADVISORY BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| PAMELA MEMBER | ADVISORY BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| JOHN MURPHY | ADVISORY BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| CHAD PITTMAN | ADVISORY BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| BARBARA QUANDT | ADVISORY BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| JUDITH THOMAS | ADVISORY BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| CHAD ZAUCHA | ADVISORY BOARD MEMBER | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,268,632 | No data | $1,554,365 | No data |
| 2022 | $284,611 | No data | $285,733 | No data |
Compare NEW MARKET OPPORTUNITY FUND INC with other nonprofits in Indiana and across the country.