NEW CENTER FOR HOLISTIC LEARNING NY INC

EIN: 921373534 501(c)(3) Arts, Culture & Humanities

LONG ISLAND CITY, NY

Total Revenue
$256,645
Total Expenses
$229,688
Total Assets
$37,257
Net Assets
$17,251
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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
NY
Principal Officer
RALPH WHITE
Phone
5164106246
Tax Period
2023-01-01 to 2023-12-31

NEW CENTER FOR HOLISTIC LEARNING NY INC, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $257K in total revenue in fiscal year 2023. Expenses of $230K left a modest 11% surplus.

Mission

THE NEW CENTER FOR HOLISTIC LEARNING NY IS FORMED TO BRING EDUCATIONAL AND CULTURAL PROGRAMS OF A HOLISTIC NATURE TO THE GREATER NEW YORK AREA AND BEYOND.

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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 $20,500
Program Service Revenue $236,145
Investment Income $0
Other Revenue $0
TOTAL REVENUE $256,645

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $212,907
Other Expenses $229,688
TOTAL EXPENSES $229,688

Year-over-Year Comparison

2023 2022 Change
Revenue $256,645 N/A N/A
Expenses $229,688 N/A N/A
Net Income $26,957 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
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RALPH WHITE President 29.00
Director
$0 $0 $0
NANETTE SCHORR Secretary 2.00
Director
$0 $0 $0
THOMAS VALENTE Treasurer 20.00
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
2023 $256,645 $229,688 $37,257 $26,957
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