NEW GROWTH PROJECT (EIN 872622105) - Form 990 Financial Analysis & Trantor Score

🔒

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

2021

Legal Domicile

Principal Officer

CHRISTINE O'DRISCOLL

Phone

3132233127

Tax Period

2024-01-01 to 2024-12-31

NEW GROWTH PROJECT, founded in 2021, is a small nonprofit in the Employment sector that reported $329K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $286K left a modest 13% surplus.

Mission

TO ENABLE THOSE WITH INTELLECTUAL DISABILITIES THE OPPORTUNITY TO LEARN NEW SKILLS.

🔒

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 $242,479

Program Service Revenue $68,726

Investment Income $31

Other Revenue $17,689

TOTAL REVENUE $328,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $149,329

Fundraising Expenses $8,075

Program Expenses $263,573

Other Expenses $128,322

TOTAL EXPENSES $285,726

Year-over-Year Comparison

	2024	2023	Change
Revenue	$328,925	$219,075	+0.5%
Expenses	$285,726	$254,410	+0.1%
Net Income	$43,199	$-35,335	-2.2%

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

$48,000

Total Directors

$48,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLY VANDUINEN	SECRETARY	40.00	Officer Director	$48,000	$0	$48,000
PATRICK ELKINS	DIRECTOR	1.00	Director	$0	$0	$0
BRENDAN O'DRISCOLL	DIRECTOR	1.00	Director	$0	$0	$0
LINDSEE WEIS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE O'DRISCOLL	TREASURER	20.00	Officer Director	$0	$0	$0
JOSH SMITH	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MARY URSUL	MEMBER	1.00	Director	$0	$0	$0
BETH BANTA	MEMBER	1.00	Director	$0	$0	$0
MATT MUSCAT	MEMBER	1.00	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
2025	No data	No data	No data	No data
2024	$328,925	$285,726	$104,349	$43,199
2023	$219,075	$254,410	$67,008	$-35,335
2022	$280,058	$234,122	$110,750	$45,936

NEW GROWTH PROJECT