NEW VISIONS HOUSING CORPORATION (EIN 954536616) - 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

1995

Legal Domicile

Principal Officer

BONNIE SCHLACHTE

Phone

8187081740

Tax Period

2024-07-01 to 2025-06-30

NEW VISIONS HOUSING CORPORATION, founded in 1995, is a micro nonprofit in the Housing & Shelter sector that reported $74K in total revenue in fiscal year 2024. Expenses of $177K exceeded revenue, resulting in a 138% operating deficit.

Mission

TO PROVIDE HOUSING, NURSING CARE AND LIVING SKILLS TRAINING FOR MULTI-HANDICAPPED BLIND ADULTS.

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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 $63,344

Program Service Revenue $10,693

Investment Income $11

Other Revenue $0

TOTAL REVENUE $74,048

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $122,286

Other Expenses $176,591

TOTAL EXPENSES $176,591

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,048	$72,336	+0.0%
Expenses	$176,591	$187,249	-0.1%
Net Income	$-102,543	$-114,913	-0.1%

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

N/A

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

$324,425

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADRIENNE CRANE-ROSS	PRESIDENT	0.50	Officer Director	$0	$0	$0
ZANE ALSABERY	PRESIDENT (THRU 12/24)	0.50	Officer Director	$0	$0	$0
APRIL MEADOW	SECRETARY	0.50	Officer Director	$0	$0	$0
HERBERT LAMPERT	TREASURER	0.50	Officer Director	$0	$0	$0
DAVID GRUNWALD	DIRECTOR	0.50	Director	$0	$0	$0
RONNIE WILLETT	DIRECTOR	0.50	Director	$0	$0	$0
BONNIE SCHLACHTE	EXECUTIVE DIRECTOR	2.50	Officer	$0	$37,044	$324,425

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	$74,048	$176,591	$724,385	$-102,543
2024	No data	No data	No data	No data
2023	$74,606	$170,079	$770,734	$-95,473
2022	$78,272	$123,995	$768,697	$-45,723
2021	$67,814	$172,275	$799,556	$-104,461
2020	$61,328	$111,568	$955,618	$-50,240
2019	$66,580	$105,987	$1,012,708	$-39,407
2018	$71,568	$100,580	$977,961	$-29,012

NEW VISIONS HOUSING CORPORATION