New Opportunity School for Women Inc
Nonprofit profile at a glance
- EIN
- 611323868
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Berea, KY, USA
- Phone
- 8599857200
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Womens' Centers
Reported finances
- Revenue
- $637,982
- Expenses
- $592,629
- Assets
- $1,658,545
- Liabilities
- $35,622
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- ZINNIA HENSLEY (PRESIDENT)
- JENNIFER WALDEN (EXECUTIVE DIRECTOR)
Highest reported compensation
- JENNIFER WALDEN (EXECUTIVE DIRECTOR): $63,302 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the educational, financial and personal circumstances of under-resourced appalachian women.
What it reported doing in 2024
In 2024, the new opportunity school for women continued strengthening existing partnerships while fostering new collaborations across Kentucky. Notably, we deepened our engagement with local departments for community-based services (dcbs), including those in irvine, powell county, and paintsville. These relationships have led to increased visibility and credibility in the communities we serve. As a result of this growing partnership, we have been invited to attend the statewide dcbs conference in september 2025, where we will have the opportunity to present nosw's mission and impact to dcbs representatives from across the commonwealth.this year, we have seen a 50% increase in recruitment efforts and applications to our programs, reflecting the expanded reach and recognition of nosw across the region. In response to this growing demand, we added additional 3-day programs throughout the year, hosting eight sessions, five of which were delivered in community-based settings across Kentucky. These were made possible through strong partnerships with local organizations such as mountain comprehensive care center in grayson, christian appalachian project (c.a.p.) in paintsville, and owenton community action.as a result, the number of women served through our 3-day programs has increased by 50% in 2024 compared to the previous year. These programs continue to offer impactful content centered on self-esteem, wellness, and motivation, helping women take meaningful steps forward in their personal and professional lives.our two-week residential program has also shown continued growth. We project to graduate 21 women in 2025an increase of approximately 31% over last year's total. These numbers demonstrate clear and sustained momentum, and we anticipate continued growth and success as we move into 2026.
Operating model
- Revenue model
- Donor-supported. 85% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.9%; rating input score 82
- Program expense ratio: 81.2%; rating input score 81
- Fundraising efficiency: $8.11 raised per $1 spent on fundraising; rating input score 31; 31st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 7.1%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 2.8; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 62; 62nd percentile among comparable filings
- Officer compensation ratio: 10.7%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 8.5% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: 5.9% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 3.1% per year; rating input score 100; 30th percentile among comparable filings
Details
- Where the money goes: 81.9% of revenue deployed · 81.2% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $481K in reported program spending
- Leadership: top reported pay $63K · 11 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 12 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 31/100.
- Review — Sustainability: Operating margin scored 55/100.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.