New Era Culture & Education Center Inc is a 501(c)(3) organization based in Miramar, Florida, registered in 2018, with $1,483,195 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1.5M
▼ 35.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$1.6M
Net assets
-$432K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for New Era Culture & Education Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New Era Culture & Education Center Inc: 0 mo reserves · -6% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for New Era Culture & Education Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New Era Culture & Education Center Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $18K (FY2020) to $1.5M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-5.8%
Spent more than it raised in the latest fiscal year.
Total assets
$752K
Total liabilities
$1.2M
Net assets
-$432K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,483,195▼35.7% | $1,568,590▼32.1% | -$431,674▼24.7% | $752,122▼6.6% | 990 |
| 2023 | $2,307,861▲3.4% | $2,311,585▲2.7% | -$346,279▼1.1% | $805,544▼14.6% | 990 |
| 2022 | $2,231,080▲9.8% | $2,251,678▲7.5% | -$342,555▼6.4% | $943,807▲19.6% | 990 |
| 2021 | $2,032,523▲11495% | $2,094,112▲85374% | -$321,957▼23.7% | $789,322▲292% | 990 |
| 2020 | $17,530 | $2,450 | -$260,368 | $201,272 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to New Era Culture & Education Center Inc totaling $50K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2023 | $9,875 |
| American Online Giving Foundation Inc | General support | 2021 | $30,000 |
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Data for New Era Culture & Education Center Inc (EIN 82-3025731) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.