NEW LIFE MINISTRIES OF NEW ENGLAND INC (EIN 042635070) - 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

1977

Legal Domicile

Principal Officer

GRACE ROSADO

Phone

6036248444

Tax Period

2023-01-01 to 2023-12-31

NEW LIFE MINISTRIES OF NEW ENGLAND INC, founded in 1977, is a small nonprofit that reported $714K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $677K left a modest 5% surplus.

Mission

CRISIS INTERVENTION AND REHABILITATION OF WOMEN ADDICTED TO DRUGS AND ALCOHOL IN AN ENVIRONMENT WITH THEIR CHILDREN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $728,701

Program Service Revenue $0

Investment Income $7

Other Revenue $-14,565

TOTAL REVENUE $714,143

Expense Breakdown

Grants Paid $0

Salaries & Benefits $467,683

Fundraising Expenses $70,398

Program Expenses $489,508

Other Expenses $208,895

TOTAL EXPENSES $676,578

Year-over-Year Comparison

	2023	2022	Change
Revenue	$714,143	$765,966	-0.1%
Expenses	$676,578	$722,566	-0.1%
Net Income	$37,565	$43,400	-0.1%

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

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

$165,421

Total Directors

$165,421

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN PETTREY	CHAIR	10.00	Officer Director	$0	$0	$0
LINCOLN FRITZ	VICE CHAIR	10.00	Officer Director	$0	$0	$0
GRACE ROSADO	FOUNDER	40.00	Officer Director	$162,181	$3,240	$165,421
SUNSHINE VASQUEZ	SECRETARY	10.00	Officer Director	$0	$0	$0
MATTHEW KAPLAN	TREASURER	10.00	Officer Director	$0	$0	$0
STEVE DIMOND	DIRECTOR	10.00	Officer	$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	No data	No data	No data	No data
2023	$714,143	$676,578	$714,063	$37,565
2022	$765,966	$722,566	$665,322	$43,400
2021	$988,874	$961,845	$867,649	$27,029
2020	$727,833	$706,333	$881,482	$21,500
2018	$605,976	$660,048	$733,745	$-54,072

NEW LIFE MINISTRIES OF NEW ENGLAND INC