T — Philanthropy, Voluntarism & GrantmakingEIN: 954894776· Ruling Year: 2002

New Morning

Columbia, South Carolina

BHealth Score
56B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.44×
Peer Median15.61×
💰
$7.2M
Total Revenue
📊
$10.8M
Total Expenses
🏦
$4.8M
Net Assets
📋
$649K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-35.4%
Year-over-year change (2022 → 2023)
Net Margin
-49.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.44
Net assets divided by total expenses
Liabilities-to-Assets
12.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,218,557↓35%$10,805,170↓5%$5,406,589↓38%
2022$11,179,173↑6%$11,394,755↓11%$8,704,762↓9%
2021$10,587,010↓35%$12,786,377↓20%$9,598,750↓16%
2020$16,263,589↓1%$15,952,267↓1%$11,468,466↑5%
2019$16,356,876$16,173,875↓1%$10,926,377↑1%
2018$16,381,580↓1%$16,318,656↑70%$10,779,828↑4%
2017$16,501,454↑228%$9,597,391↑130%$10,327,290↑212%
2016$5,037,398↑90%$4,164,263↑62%$3,305,119↑26%
2015$2,649,915↓4%$2,569,267↓10%$2,620,962↓1%
2014$2,753,133↑12%$2,868,923↓19%$2,635,160
2013$2,458,924↓5%$3,554,907↑26%$2,640,562↓23%
2012$2,597,618↓3%$2,811,938↑5%$3,443,297↓7%
2011$2,675,653$2,668,734$3,700,319

Frequently Asked Questions

What does New Morning do?▼

New Morning is a philanthropy, voluntarism & grantmaking nonprofit organization based in South Carolina. It is classified under NTEE code T11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Morning financially healthy?▼

Based on our 9-metric Financial Health Score model, New Morning has a score of 56/100 (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 New Morning generate?▼

New Morning reports $6.7M in annual revenue and holds $4.4M in total assets, based on IRS filings.

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