New Approach North Dakota

EIN: 873574421

Fargo, ND

Total Revenue
$472,047
Total Expenses
$485,886
Total Assets
N/A
Net Assets
N/A
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
ND
Principal Officer
Jared Moffat
Phone
4012828417
Tax Period
2022-01-01 to 2022-12-31

New Approach North Dakota, founded in 2021, is a small nonprofit that reported $472K in total revenue in fiscal year 2022. Revenue surged 1788% from the prior year, signaling strong growth momentum.

Mission

This nonprofit corporation is organized and shall be operated exclusively for the promotion of social welfare within the meaning of § 501(c)(4) of the Internal Revenue Code of 1986, or the corresponding sections of any future federal tax code, and pursuant to the foregoing, the object for which this corporation is organized and its business and purpose shall include but not be limited to supporting the qualification and passage of a ballot measure to legalize marijuana for adults in North Dakota.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $472,047
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $472,047

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $485,886
Other Expenses $485,886
TOTAL EXPENSES $485,886

Year-over-Year Comparison

2022 2021 Change
Revenue $472,047 $25,000 +17.9%
Expenses $485,886 $11,162 +42.5%
Net Income $-13,839 $13,838 -2.0%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
20

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jared Moffat Director 5
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
2022 $472,047 $485,886 No data $-13,839
Explore More Nonprofits
→Top 100 Nonprofits in North Dakota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare New Approach North Dakota with other nonprofits in North Dakota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.