New World Educational Center

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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

1999

Legal Domicile

Principal Officer

YVONNE SANDIDGE

Phone

6022389577

Tax Period

2024-07-01 to 2025-06-30

New World Educational Center, founded in 1999, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024. Expenses of $2.5M left a modest 3% surplus.

Mission

Educational - To provide meaningful and responsive educational programs and environments to comprehensively address our students needs while preparing and nurturing high academic achievement and business career preparation. academic achievement and business career preparation.

Program Service Accomplishments

Program 1

Expenses: $1,969,550 Revenue: $2,546,492

The School provides educational services to approximately 205 students from kindergarten through eighth grade and promotes high academic achievement and career preparation through discipline and...

The School provides educational services to approximately 205 students from kindergarten through eighth grade and promotes high academic achievement and career preparation through discipline and persistance to high standards.

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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 $2,552,881

Program Service Revenue $9,679

Investment Income $32

Other Revenue $32

TOTAL REVENUE $2,562,624

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,490,871

Fundraising Expenses $0

Program Expenses $1,969,550

Other Expenses $989,419

TOTAL EXPENSES $2,480,290

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,562,624	$2,473,564	+0.0%
Expenses	$2,480,290	$2,192,950	+0.1%
Net Income	$82,334	$280,614	-0.7%

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

$115,539

Total Directors

$236,623

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gordon Ilstrup	PRESIDENT	1.00	Officer Director	$0	$0	$0
Joseph Snyder	TREASURER	1.00	Officer Director	$0	$0	$0
JESUS M ARMENTA	Director	40.00	Director	$92,325	$0	$92,325
MARK BERRY	SECRETARY	1.00	Officer Director	$0	$0	$0
DARIN SANDIDGE	DIRECTOR	1.00	Director	$0	$0	$0
JACQUELINE MERRICK	DIRECTOR	40.00	Director	$28,759	$0	$28,759
LISA M SMITH	Principal	40.00	Officer Director	$65,500	$0	$65,500
YVONNE A SANDIDGE	Charter Representative	40.00	Officer Director	$50,039	$0	$50,039

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
2025	$2,562,624	$2,480,290	$2,165,973	$82,334
2024	No data	No data	No data	No data
2023	$2,273,774	$2,405,336	$1,962,419	$-131,562
2022	$2,637,150	$2,760,445	$2,198,052	$-123,295
2021	$2,679,383	$2,375,820	$2,391,120	$303,563