New American Resources Center Inc

EIN: 874367909 501(c)(3) Human Services

Westerville, OH

Total Revenue
$282,630
Total Expenses
$315,248
Total Assets
N/A
Net Assets
N/A
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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
OH
Principal Officer
Liban Bule
Phone
6146952602
Tax Period
2023-01-01 to 2023-12-31

New American Resources Center Inc, founded in 2022, is a small nonprofit in the Human Services sector that reported $283K in total revenue in fiscal year 2023. Expenses of $315K exceeded revenue, resulting in a 12% operating deficit.

Mission

New American Resource Center is a one-stop shop for all new American (immigrants) social services

Program Service Accomplishments

Program 1
Expenses: $226,864 Revenue: $15,228

Provides mental health and drug addiction services to local community. Services include referrals and helping raise awareness to combat mental health taboo

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $267,402
Program Service Revenue $15,228
Investment Income $0
Other Revenue $0
TOTAL REVENUE $282,630

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,994
Fundraising Expenses $0
Program Expenses $226,864
Other Expenses $288,254
TOTAL EXPENSES $315,248

Year-over-Year Comparison

2023 2022 Change
Revenue $282,630 N/A N/A
Expenses $315,248 N/A N/A
Net Income $-32,618 N/A N/A
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

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Governance

Voting Members
7
Independent Members
7
Employees
4
Volunteers
2

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
0
$0
Key Employees
1
$26,737
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Liban Bule Executive Director 30.00
Key Emp
$26,737 $0 $26,737
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
2023 $282,630 $315,248 No data $-32,618
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