New Europe Communications Nfp

New Europe Communications Nfp shows inconsistent financial performance with zero officer compensation.

EIN: 200994924 · Monument, CO · NTEE: X80 · Updated: 2026-03-28

$66KRevenue

$429KAssets

75/100Mission Score (Good)

X80

About New Europe Communications Nfp

New Europe Communications Nfp (EIN: 200994924) is a nonprofit organization based in Monument, CO, classified under NTEE code X80. The organization reported total revenue of $66K and total assets of $429K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Europe Communications Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

New Europe Communications Nfp demonstrates a fluctuating financial history, with significant swings in revenue and expenses over the past few years. While the latest reported revenue is $66,281, the 2023 filing shows revenue of $218,728 against expenses of $116,018, indicating a surplus for that period. However, the 2022 filing reported expenses of $1,136,640 significantly exceeding revenue of $784,557, suggesting a deficit. The organization consistently reports zero liabilities and zero officer compensation, which are positive indicators for financial transparency and responsible governance.

The organization's assets have also varied considerably, from a low of $148 in 2019 to a high of $702,457 in 2021, settling at $453,083 in 2023. The lack of reported officer compensation across all filings is a strong point for transparency and ensuring funds are directed towards the mission rather than executive salaries. However, the wide fluctuations in financial performance year-over-year could indicate challenges in consistent funding or program delivery, which might warrant further investigation into their operational stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New Europe Communications Nfp with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, New Europe Communications Nfp allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of New Europe Communications Nfp's IRS 990 filings:

Significant year-over-year financial volatility in revenue and expenses, particularly the large deficit in 2022 where expenses ($1,136,640) greatly exceeded revenue ($784,557).

Strengths

The following positive indicators were identified for New Europe Communications Nfp:

Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship and dedication to mission.
Zero reported liabilities across all available filings, suggesting sound financial management and no outstanding debts.
Positive net assets in most recent filings, with assets of $453,083 exceeding liabilities of $0 in 2023.

Frequently Asked Questions about New Europe Communications Nfp

What caused the significant revenue and expense fluctuations between 2021 and 2023?

The organization experienced a peak in revenue ($1,356,684) and expenses ($656,753) in 2021, followed by a substantial drop in revenue ($784,557) and a surge in expenses ($1,136,640) in 2022, and then a further decrease in revenue ($218,728) and expenses ($116,018) in 2023. This volatility suggests potential project-based funding or significant changes in operational scope.

How does the organization sustain operations with zero officer compensation?

The consistent reporting of 0% officer compensation across all filings implies that leadership roles may be filled by volunteers or compensated through other means not reported as officer compensation on the 990, or that the organization operates with a very lean administrative structure.

What is the primary source of the organization's revenue?

While the filings show total revenue, the specific breakdown of revenue sources (e.g., grants, donations, program service revenue) is not provided in the summary data, making it difficult to ascertain the primary source.

Filing History

IRS 990 filing history for New Europe Communications Nfp showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New Europe Communications Nfp's revenue has declined by 24.4%, moving from $289K to $219K. Total assets increased by 155065.4% over the same period, from $292 to $453K. Total functional expenses fell by 60.5%, from $294K to $116K. In its most recent filing year (2023), New Europe Communications Nfp reported a surplus of $103K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$219K	$116K	$453K	$0	—	View 990
2022	$785K	$1.1M	$350K	$0	—	View 990
2021	$1.4M	$657K	$702K	$0	—	View 990
2020	$238K	$235K	$3K	$0	—	—
2019	$333K	$334K	$148	$0	—	View 990
2018	$274K	$280K	$1K	$0	—	View 990
2017	$189K	$183K	$7K	$0	—	View 990
2016	$96K	$100K	$261	$0	—	View 990
2015	$286K	$283K	$4K	$0	—	View 990
2014	$241K	$248K	$507	$0	—	View 990
2013	$341K	$445K	$8K	$0	—	View 990
2012	$526K	$414K	$112K	$0	—	View 990
2011	$289K	$294K	$292	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $219K, expenses of $116K, and assets of $453K (revenue -72.1% year-over-year).
2022: Revenue of $785K, expenses of $1.1M, and assets of $350K (revenue -42.2% year-over-year).
2021: Revenue of $1.4M, expenses of $657K, and assets of $702K (revenue +471.1% year-over-year).
2020: Revenue of $238K, expenses of $235K, and assets of $3K (revenue -28.7% year-over-year).
2019: Revenue of $333K, expenses of $334K, and assets of $148 (revenue +21.5% year-over-year).
2018: Revenue of $274K, expenses of $280K, and assets of $1K (revenue +44.9% year-over-year).
2017: Revenue of $189K, expenses of $183K, and assets of $7K (revenue +97.1% year-over-year).
2016: Revenue of $96K, expenses of $100K, and assets of $261 (revenue -66.5% year-over-year).
2015: Revenue of $286K, expenses of $283K, and assets of $4K (revenue +19.0% year-over-year).
2014: Revenue of $241K, expenses of $248K, and assets of $507 (revenue -29.4% year-over-year).
2013: Revenue of $341K, expenses of $445K, and assets of $8K (revenue -35.2% year-over-year).
2012: Revenue of $526K, expenses of $414K, and assets of $112K (revenue +81.6% year-over-year).
2011: Revenue of $289K, expenses of $294K, and assets of $292.

Data Sources and Methodology

This transparency report for New Europe Communications Nfp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.