J โ€” EmploymentEIN: 882922788ยท Ruling Year: 2023

New Majority Capital Foundation Inc

Providence, Rhode Island

BHealth Score
63B

Financial Health Score

Provisional

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

Above Average

๐Ÿ’ฐ
$1.5M
Total Revenue
๐Ÿ“Š
$1.0M
Total Expenses
๐Ÿฆ
$819K
Net Assets
๐Ÿ“‹
$138K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+236.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+31.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.78
Net assets divided by total expenses
Liabilities-to-Assets
14.4%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$1,529,464โ†‘237%$1,044,205โ†‘764%$956,877โ†‘187%
2022$454,504$120,811$333,693

Frequently Asked Questions

What does New Majority Capital Foundation Inc do?โ–ผ

New Majority Capital Foundation Inc is a employment nonprofit organization based in Rhode Island. It is classified under NTEE code J02 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Majority Capital Foundation Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, New Majority Capital Foundation Inc has a score of 63/100 (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 Majority Capital Foundation Inc generate?โ–ผ

New Majority Capital Foundation Inc reports $3.3M in annual revenue and holds $2.9M in total assets, based on IRS filings.

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New Majority Capital Foundation Inc โ€” Providence, RI | GiveScope