S — Community Improvement & Capacity BuildingEIN: 721297875· Ruling Year: 2021

Newcorp Inc

New Orleans, Louisiana

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$1.1M
Total Revenue
📊
$1.2M
Total Expenses
🏦
$5.1M
Net Assets
📋
$5.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-32.4%
Year-over-year change (2022 → 2023)
Net Margin
-6.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.29
Net assets divided by total expenses
Liabilities-to-Assets
52.0%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$1,113,447↓32%$1,181,399↓7%$10,548,442↓11%
2022$1,647,488↑163%$1,267,116↑136%$11,879,198↑57%
2014$627,500↓43%$536,617$7,580,064↓11%
2013$1,096,270↑118%$534,530↓29%$8,560,635↓10%
2012$503,912↓22%$750,335↓43%$9,466,251↓1%
2011$642,000$1,308,149$9,545,647

Frequently Asked Questions

What does Newcorp Inc do?▼

Newcorp Inc is a community improvement & capacity building nonprofit organization based in Louisiana. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Newcorp Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Newcorp Inc has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Newcorp Inc generate?▼

Newcorp Inc reports $2.6M in annual revenue and holds $12.5M in total assets, based on IRS filings.

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