NEW LIFE MISSION (EIN 010451441) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

THERESA OLIVER PHD

Phone

2079416434

Tax Period

2024-01-01 to 2024-12-31

NEW LIFE MISSION, founded in 1989, is a small nonprofit in the Human Services sector that reported $559K in total revenue in fiscal year 2024.

Mission

A MENTAL HEALTH AGENCY TO HELP THE ECONOMICALLY DISADVANTAGED AND THE GENERAL PUBLICH WITH PSYCHOPATHOLOGIES, POSITIVE ORIENTATION, RELIEF OF EXCESS STRESS AND IMPROVED FUNCTIONING THROUGH OUTPATIENT AND IN-HOME HABILITATIVE COUNCELING, PSYCHOTHERAPY AND PCYCHOANALYSIS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $558,730

Investment Income $16

Other Revenue $0

TOTAL REVENUE $558,746

Expense Breakdown

Grants Paid $13,000

Salaries & Benefits $391,483

Fundraising Expenses $0

Program Expenses $436,357

Other Expenses $174,641

TOTAL EXPENSES $579,124

Year-over-Year Comparison

	2024	2023	Change
Revenue	$558,746	$531,566	+0.1%
Expenses	$579,124	$565,537	+0.0%
Net Income	$-20,378	$-33,971	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$34,675

Total Directors

$1,275

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THERESA OLIVER PHD	PRESIDENT	40.00	Officer	$33,400	$0	$33,400
LISA COTE	TREASURER	5.00	Officer Director	$1,275	$0	$1,275
STEPHANIE FROST	DIRECTOR	1.00	Director	$0	$0	$0
DR BYRON LYONS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MS RUTH SAWLER	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$558,746	$579,124	$423,618	$-20,378
2023	$531,566	$565,537	$464,951	$-33,971
2022	$565,583	$547,624	$522,492	$17,959
2021	$517,266	$584,807	$527,133	$-67,541
2020	$611,805	$600,069	$614,299	$11,736
2019	$672,973	$672,137	$622,616	$836
2018	$708,677	$691,767	$641,085	$16,910

NEW LIFE MISSION