NEW HOPE FOR LIVING INC

EIN: 262410125 501(c)(3) Mental Health

Phoenix, AZ

Total Revenue
$132,160
Total Expenses
$518,294
Total Assets
$499,459
Net Assets
$29,755
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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
2018
Legal Domicile
AZ
Principal Officer
Dr Anna Siyavora
Tax Period
2024-01-01 to 2024-12-31

NEW HOPE FOR LIVING INC, founded in 2018, is a small nonprofit in the Mental Health sector that reported $132K in total revenue in fiscal year 2024. Expenses of $518K exceeded revenue, resulting in a 292% operating deficit.

Mission

Providing treatment and counseling for adults18 years and above who struggle with behavioral health problem due to alcohol and substanceabuse. These individuals are seeking help for addictive disease recovery

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $132,160
Investment Income $0
Other Revenue $0
TOTAL REVENUE $132,160

Expense Breakdown

Grants Paid $0
Salaries & Benefits $89,340
Fundraising Expenses $0
Program Expenses $518,294
Other Expenses $428,954
TOTAL EXPENSES $518,294

Year-over-Year Comparison

2024 2023 Change
Revenue $132,160 N/A N/A
Expenses $518,294 $330,097 +0.6%
Net Income $-386,134 $-330,097 +0.2%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Anna Siyavora Principal Officer 0.00
Officer
$0 $0 $0
Tavonga A Siyavora DIRECTOR 0.00
Officer
$0 $0 $0
SUNGANO I SIYAVORA CPA TREASURER 0.00
Officer
$0 $0 $0
THOMAS WITHERINGTON SECRETARY 0.00
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 $132,160 $518,294 $499,459 $-386,134
2023 No data $330,097 $684,459 No data
2022 $1,201,408 $896,413 $860,449 $304,995
2021 $694,339 $452,819 $546,454 $241,520
2020 $780,225 $344,726 $457,026 $435,499
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