NEW ABERDEEN COLLEGE

EIN: 922288027 501(c)(3) Education

HARRISBURG, NC

Total Revenue
$98,710
Total Expenses
$56,798
Total Assets
$50,200
Net Assets
$47,843
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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
2023
Legal Domicile
NC
Principal Officer
DR RYAN SMITH
Phone
8432501048
Tax Period
2023-07-01 to 2024-06-30

NEW ABERDEEN COLLEGE, founded in 2023, is a micro nonprofit in the Education sector that reported $99K in total revenue in fiscal year 2023. The organization ran a surplus of $42K, a strong 42% operating margin.

Mission

THE MISSION OF NEW ABERDEEN COLLEGE IS TO FORM MATURE DISCIPLES IN THE TRADITIONS OF CLASSICAL LEARNING AND THE REFORMED FAITH.

Program Service Accomplishments

Program 1
Expenses: $56,798 Revenue: $18,104

TO CHALLENGE STUDENTS TO BECOME SPIRITUALLY MATURE MEN AND WOMEN THROUGH A HOLISTIC APPROACH THAT WILL REACH INTO HOMES, CHURCHES, AND THE PUBLIC SQUARE.

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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 $80,600
Program Service Revenue $18,104
Investment Income $6
Other Revenue $0
TOTAL REVENUE $98,710

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,224
Fundraising Expenses $0
Program Expenses $56,798
Other Expenses $39,574
TOTAL EXPENSES $56,798

Year-over-Year Comparison

2023 2022 Change
Revenue $98,710 N/A N/A
Expenses $56,798 N/A N/A
Net Income $41,912 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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
1
$17,224
Total Directors
5
$17,224
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR RYAN SMITH PRESIDENT 30.00
Officer Director
$17,224 $0 $17,224
MATT BROWNING BOARD MEMBER N/A
Director
$0 $0 $0
CARTER EHNIS SECRETARY N/A
Director
$0 $0 $0
DR PETER JOHNSTON CHAIRMAN OF N/A
Director
$0 $0 $0
DR MARSHALL SONNY WHITE BOARD MEMBER N/A
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 $98,710 $56,798 $50,200 $41,912
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