Newthing Nfp

Newthing Nfp operated at a deficit in its latest fiscal year, with expenses exceeding revenue by nearly $190,000.

EIN: 204627269 · Naperville, IL · NTEE: X20 · Updated: 2026-03-28

$939KRevenue
$777KAssets
75/100Mission Score (Good)
X20

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Source Check Matrix

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Newthing Nfp is mapped to EIN 204627269.

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Newthing Nfp Financial Summary
MetricValue
Total Revenue$939K
Total Expenses$1.1M
Program Spending80%
CEO/Top Officer Pay$939,402
Net Assets$723K
Transparency Score75/100

Search Intent Cockpit

Newthing Nfp Form 990, Revenue, CEO Pay, and IRS Filing Signals

Newthing Nfp is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Newthing Nfp in one place.

Form 990 Filing Summary

1 filing year are available, with latest revenue of $939K and expenses of $1.1M.

Revenue and Expenses

Newthing Nfp reported $939K in revenue and $1.1M in expenses, a deficit of $189K.

Executive Compensation

Top officer compensation appears as $939,402 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

75/100 mission score, 2 red flags, and 2 strengths are shown from structured and AI review.

Is Newthing Nfp Legit?

Some Concerns

LimitedFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
1Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Newthing Nfp Expense Deployment
Program services$903K (80%)

Across stored filings, Newthing Nfp shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Newthing Nfp Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsLimited filing record; 2 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B1 stored filing year
Peer contextCompare with ShorefrontIllinois and Religion context

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Research Workflow

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Newthing Nfp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Newthing Nfp

Newthing Nfp (EIN: 204627269) is a nonprofit organization based in Naperville, IL, classified under NTEE code X20. The organization reported total revenue of $939K and total assets of $777K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newthing Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

3Years Operating
SmallSize Classification
1Years of Filings
StableRevenue Trajectory

Newthing Nfp is a small nonprofit that has been operating for 3 years.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$939K
Total Expenses$1.1M
Surplus / Deficit$-189,045
Total Assets$777K
Total Liabilities$54K
Net Assets$723K
Operating Margin-20.1%
Debt-to-Asset Ratio7.0%
Months of Reserves8.3 months

Financial Health Grade: B

In 2023, Newthing Nfp reported a deficit of $189K with expenses exceeding revenue, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 7.0% (very low leverage).

IRS Tax-Exempt Classification

IRS Classification Codes7000
IRS Ruling Date2023

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Newthing Nfp, based in Naperville, IL, appears to be in a stable financial position with total assets of $777,159 against liabilities of $54,110, indicating a healthy equity base. However, the organization reported expenses of $1,128,447 against revenues of $939,402 for the 202309 period, resulting in a deficit for the year. This suggests that while the organization has a solid asset base, its operational spending exceeded its income in the most recent filing period, which could be a concern if it becomes a recurring trend. The absence of reported officer compensation indicates a potential reliance on volunteer leadership or that compensation falls below reporting thresholds, which can be a positive sign for donor confidence regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Newthing 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Newthing Nfp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$939KTotal Revenue
$1.1MTotal Expenses
$777KTotal Assets
$54KTotal Liabilities
$723KNet Assets
  • The organization reported a deficit of $189K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 7.0%.

Executive Compensation Analysis

The organization reported 0% officer compensation, suggesting either a volunteer-led executive team or that compensation levels are below IRS reporting thresholds, which is generally positive for donor perception regarding executive pay relative to the organization's $939,402 revenue.

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 Newthing Nfp's IRS 990 filings:

  • Operational deficit in the latest fiscal year ($189,045)
  • Expenses ($1,128,447) significantly exceeded revenue ($939,402)

Strengths

The following positive indicators were identified for Newthing Nfp:

  • Healthy asset base ($777,159) relative to liabilities ($54,110)
  • No reported officer compensation, suggesting efficient use of funds for leadership or volunteer-driven executive roles

Frequently Asked Questions about Newthing Nfp

Is Newthing Nfp a legitimate charity?

Newthing Nfp (EIN: 204627269) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 75/100. Total revenue: $939K. 2 red flags identified. 2 strengths noted. Financial health grade: B.

How does Newthing Nfp spend its money?

Newthing Nfp directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Newthing Nfp tax-deductible?

Newthing Nfp is registered as a tax-exempt nonprofit (EIN: 204627269). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Newthing Nfp CEO make?

Newthing Nfp's highest-compensated officer earns $939,402 annually. The organization reported $939K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Newthing Nfp's spending goes to programs?

Newthing Nfp directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Newthing Nfp compare to similar nonprofits?

With a transparency score of 75/100 (Good), Newthing Nfp is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Newthing Nfp located?

Newthing Nfp is headquartered in Naperville, Illinois and files with the IRS under EIN 204627269. It is classified under NTEE code X20.

Is Newthing Nfp a good charity?

Newthing Nfp demonstrates a solid asset base ($777,159) and no reported officer compensation, which are positive indicators. However, its expenses ($1,128,447) exceeded its revenue ($939,402) in the latest period, leading to a deficit. Donors should consider if this deficit is a one-time event or a trend.

What is the primary concern regarding Newthing Nfp's finances?

The primary concern is the operational deficit of $189,045 in the 202309 period, where expenses ($1,128,447) significantly outpaced revenue ($939,402). This indicates that the organization spent more than it earned during that fiscal year.

Filing History

IRS 990 filing history for Newthing Nfp showing financial trends over 1 year of public records:

In its most recent filing year (2023), Newthing Nfp reported a deficit of $189K, with expenses exceeding revenue. The organization holds $54K in liabilities against $777K in assets (debt-to-asset ratio: 7.0%), resulting in net assets of $723K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $939K $1.1M $777K $54K View 990

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Newthing Nfp:

2023 Filing

Data Sources and Methodology

This transparency report for Newthing 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.

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