New Life Center Foundation

EIN: 263074998 501(c)(3) Religion

Fargo, ND

Total Revenue
$204,818
Total Expenses
$180,564
Total Assets
$3,707,928
Net Assets
$3,707,928
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
ND
Principal Officer
Rob Swiers
Phone
7012354453
Tax Period
2024-07-01 to 2025-06-30

New Life Center Foundation, founded in 2008, is a small nonprofit in the Religion sector that reported $205K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $181K left a modest 12% surplus.

Mission

To minister to the needy in the greater Fargo-Moorhead area by providing for the physical and spiritual needs of the needy directly and through the supporting grants to the FUM.

Program Service Accomplishments

Program 1
Expenses: $180,564

Purpose is to support Fargo Union Mission DBA New Life Center who minister to the needy in Fargo-Moorhead area by providing for the physical and spiritual needs.

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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 $118,122
Program Service Revenue $0
Investment Income $86,696
Other Revenue $0
TOTAL REVENUE $204,818

Expense Breakdown

Grants Paid $153,868
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $180,564
Other Expenses $26,696
TOTAL EXPENSES $180,564

Year-over-Year Comparison

2024 2023 Change
Revenue $204,818 $135,621 +0.5%
Expenses $180,564 $143,275 +0.3%
Net Income $24,254 $-7,654 -4.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
4

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
$144,112
Total Directors
5
$144,112
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rob Swiers Secretary 5.00
Officer Director
$0 $29,444 $144,112
Robert Remark Vice President 0.10
Officer Director
$0 $0 $0
Jason Loney President 0.10
Officer Director
$0 $0 $0
Aimee Schwartzwalter Treasurer 0.10
Officer Director
$0 $0 $0
Andy Doeden Board Member 0.10
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 $204,818 $180,564 $3,707,928 $24,254
2024 No data No data No data No data
2023 $135,797 $169,163 $3,066,927 $-33,366
2022 $174,730 $147,218 $2,830,309 $27,512
2021 $206,411 $204,322 $3,327,695 $2,089
2020 $97,497 $125,885 $2,707,688 $-28,388
2018 $-9,928 $469,989 $2,429,022 $-479,917
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