NEW ALTERNATIVES INC (EIN 953244085) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

ME BRUICH

Phone

6195430293

Tax Period

2024-01-01 to 2024-12-31

NEW ALTERNATIVES INC, founded in 1978, is a mid-sized nonprofit that reported $34.2M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.

Mission

NEW ALTERNATIVES, INC. IS COMMITTED TO PROVIDING ABUSED AND NEGELECTED YOUTH WITH HOPE AND OPPORTUNITIES THROUGH A COMPREHENSIVE ARRAY OF SOCIAL, RESIDENTIAL AND MENTAL HEALTH SERVICES THAT WE PROVIDE IN SAN DIEGO AND ORANGE COUNTY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $64,581

Program Service Revenue $34,043,178

Investment Income $40,035

Other Revenue $8,800

TOTAL REVENUE $34,156,594

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,784,543

Fundraising Expenses $81,653

Program Expenses $32,004,772

Other Expenses $11,790,458

TOTAL EXPENSES $34,580,651

Year-over-Year Comparison

	2024	2023	Change
Revenue	$34,156,594	$39,508,100	-0.1%
Expenses	$34,580,651	$39,416,498	-0.1%
Net Income	$-424,057	$91,602	-5.6%

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

Governance

Voting Members

Independent Members

Employees

632

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

$531,370

Total Directors

Key Employees

$804,851

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS WINN	BOARD CHAIR	1.00	Director	$0	$0	$0
DR CHERLY SPINWEBER	DIRECTOR/SEC	1.00	Director	$0	$0	$0
GARY GILLIS	DIRECTOR	1.00	Director	$0	$0	$0
DR JANIS STOCKLOSA	DIRECTOR	1.00	Director	$0	$0	$0
MARC CHASMAN	DIRECTOR	1.00	Director	$0	$0	$0
ME BRUICH	C.E.O.	40.00	Officer	$407,500	$63,870	$531,370
MR THOMAS JOYCE	DIRECTOR	1.00	Director	$0	$0	$0
TIM FARLEY	C.O.O.	N/A		$105,300	$0	$105,300
LINDA NICHOLS	QUALITY ASSU	40.00	Key Emp	$301,150	$6,717	$307,867
KLEA GALASSO	SR. PROGRAM	40.00	Key Emp	$238,465	$47,538	$286,003
CYNTHIA SULLIVAN	CONTROLLER	40.00	Key Emp	$169,470	$41,511	$210,981
NATALIE MCPHAIL	CHIEF ACCOUN	40.00	Highest	$134,463	$23,000	$157,463
SUSAN SHANNON	SENIOR PROGR	40.00	Highest	$126,008	$0	$126,008
FRANCISCO FERNANDEZ	QUALITY ASSU	40.00	Highest	$122,552	$0	$122,552
TIA THOMAS-MOORE	PROGRAM MANA	40.00	Highest	$149,883	$0	$149,883
LAWRENCE FORTIN	SR. PROGRAM	40.00	Highest	$109,989	$0	$109,989

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
2024	$34,156,594	$34,580,651	$50,984,014	$-424,057
2023	$39,508,100	$39,416,498	$51,908,402	$91,602
2022	$53,119,812	$52,158,510	$52,013,775	$961,302
2021	$65,422,165	$65,838,675	$52,330,121	$-416,510
2020	$56,015,790	$55,452,498	$41,388,066	$563,292
2019	$54,923,764	$55,122,702	$39,608,960	$-198,938
2018	$52,566,346	$51,889,867	$36,664,045	$676,479
2018	$52,566,346	$51,889,867	$36,664,045	$676,479

NEW ALTERNATIVES INC