New Avenues to Independence is a non-profit human services organization dedicated to enhancing the lives of mentally disabled individuals residing in Northeast Ohio. In 2001, the organization was in default with its bank lender, had negative EBITDA and required its bank lender’s support to fund its turnaround. The organization had difficulty in providing accurate and timely financial statements, the board was dysfunctional and most of its core businesses were unprofitable.
Sues was hired in 2001 to turn the organization around, manage cash, and fix various financial issues. Angart was then retained in 2002 to continue to implement the turnaround started by Sues, serving initially as interim COO and later being elected President of the Board of Directors.