S โ€” Community Improvement & Capacity BuildingEIN: 721297875ยท 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

๐Ÿ’ฐ
$1.1M
Total Revenue
๐Ÿ“Š
$1.2M
Total Expenses
๐Ÿฆ
$5.1M
Net Assets
๐Ÿ“‹
$5.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-32.4%
Year-over-year change (2022 โ†’ 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$1,113,447โ†“32%$1,181,399โ†“7%$10,548,442โ†“11%
2022$1,647,488โ†‘163%$1,267,116โ†‘136%$11,879,198โ†‘57%
2014$627,500โ†“43%$536,617$7,580,064โ†“11%
2013$1,096,270โ†‘118%$534,530โ†“29%$8,560,635โ†“10%
2012$503,912โ†“22%$750,335โ†“43%$9,466,251โ†“1%
2011$642,000$1,308,149$9,545,647

Frequently Asked Questions

What does Newcorp Inc do?โ–ผ

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?โ–ผ

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?โ–ผ

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

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Newcorp Inc โ€” New Orleans, LA | GiveScope