NEW LIFE ESTATES INC C/O UCP RHODE ISLAND (EIN 200733325) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

SCOTT MARTIN

Phone

4017281800

Tax Period

2023-07-01 to 2024-06-30

NEW LIFE ESTATES INC C/O UCP RHODE ISLAND, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $109K in total revenue in fiscal year 2023. Expenses of $165K exceeded revenue, resulting in a 51% operating deficit.

Mission

DEVELOPMENT AND OPERATION OF SUPPORTIVE HOUSING PROJECT FOR DISABLED PERSONS UNDER SECTION 811 OF NATIONAL HOUSING ACT UNDER SUPERVISION OF HUD

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $108,672

Investment Income $37

Other Revenue $159

TOTAL REVENUE $108,868

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $164,564

Other Expenses $164,564

TOTAL EXPENSES $164,564

Year-over-Year Comparison

	2023	2022	Change
Revenue	$108,868	$108,129	+0.0%
Expenses	$164,564	$151,598	+0.1%
Net Income	$-55,696	$-43,469	+0.3%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT MARTIN	PRESIDENT	0.50	Officer Director	$0	$0	$0
STACEY JOHNSON	SECRETARY	0.50	Officer Director	$0	$0	$0
IAN RIDLON	DIRECTOR	0.50	Director	$0	$0	$0
JEFFREY KASLE	DIRECTOR	0.50	Director	$0	$0	$0
PETER BAZIOTIS	DIRECTOR	0.50	Director	$0	$0	$0
ERIC BIRNIE	DIRECTOR	0.50	Director	$0	$0	$0
LUKE BRUNEAUX	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
BROOKE ROSSI	TREASURER	0.50	Officer Director	$0	$0	$0
ELENA NICOLELLA	DIRECTOR	0.50	Director	$0	$0	$0
KARL PROVOST	DIRECTOR	0.50	Director	$0	$0	$0
PETER QUATTROMANI	DIRECTOR	0.50	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
2025	No data	No data	No data	No data
2024	$108,868	$164,564	$1,193,867	$-55,696
2023	$108,129	$151,598	$1,235,640	$-43,469
2022	$106,952	$144,243	$1,277,100	$-37,291
2021	$104,571	$144,047	$1,323,799	$-39,476
2020	$104,486	$141,318	$1,356,540	$-36,832
2019	$104,478	$134,480	$1,392,479	$-30,002

NEW LIFE ESTATES INC C/O UCP RHODE ISLAND