NEW LIFE PROPERTIES INC

🔒

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

1978

Legal Domicile

Principal Officer

PAUL HAFFNER

Phone

5134877106

Tax Period

2023-07-01 to 2024-06-30

NEW LIFE PROPERTIES INC, founded in 1978, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.3M exceeded revenue, resulting in a 19% operating deficit.

Mission

TO EMPOWER YOUNG PEOPLE AND FAMILIES TO SUCCEED THROUGH A CONTINUUM OF CARE THAT PROMOTES HEALING AND GROWTH.

Program Service Accomplishments

Program 1

Expenses: $1,159,494 Revenue: $961,195

THE ORGANIZATION HOLDS THE TITLE TO REAL AND PERSONAL PROPERTY WHICH IS LEASED TO LIGHTHOUSE YOUTH SERVICES, INC., AN EXEMPT ORGANIZATION. THE ORGANIZATION IS ALSO THE DIRECT CONTROLLING ENTITY FOR...

🔒

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 $154,877

Program Service Revenue $961,195

Investment Income $12,431

Other Revenue $0

TOTAL REVENUE $1,128,503

Expense Breakdown

Grants Paid $337,388

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,159,494

Other Expenses $1,007,106

TOTAL EXPENSES $1,344,494

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,128,503	$1,005,965	+0.1%
Expenses	$1,344,494	$3,124,662	-0.6%
Net Income	$-215,991	$-2,118,697	-0.9%

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

$1,141,651

Total Directors

$317,466

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL HAFFNER	PRESIDENT / CEO	2.50	Officer Director	$0	$61,560	$317,466
PETER BARRETT	TRUSTEE	0.50	Director	$0	$0	$0
STEVE CAMPBELL	TRUSTEE	0.50	Director	$0	$0	$0
BRAD CHAFFIN	TRUSTEE	0.50	Director	$0	$0	$0
CHRIS KEPES	TRUSTEE	0.50	Director	$0	$0	$0
KATIE KITCHIN	TRUSTEE	0.50	Director	$0	$0	$0
MICHELE LAUMER	TRUSTEE	0.50	Director	$0	$0	$0
CHRIS LINCK	TRUSTEE	0.50	Director	$0	$0	$0
BOB RICH	TRUSTEE	0.50	Director	$0	$0	$0
PHIL SHEPARDSON	TRUSTEE	0.50	Director	$0	$0	$0
TAMIE SULLIVAN	TRUSTEE	0.50	Director	$0	$0	$0
DEBORAH WHITE RICHARDSON	TRUSTEE	0.50	Director	$0	$0	$0
BOB ZEPF	TRUSTEE	0.50	Director	$0	$0	$0
AMY SUSSKIND	SECRETARY (JUN-SEP); CHAIR (OCT-JUN)	1.00	Officer Director	$0	$0	$0
DAWN GREEN	CHAIR (JUL-SEP)	1.00	Officer Director	$0	$0	$0
CATHY GOOLD	VICE PRESIDENT / CAO (JUL-SEP)	2.50	Officer	$0	$35,059	$200,306
THUY KOLIK	VICE PRESIDENT / CFO	2.50	Officer	$0	$39,345	$193,837
JODI HARDING	VICE PRESIDENT / COO (JUL)	2.50	Officer	$0	$12,707	$141,063
BONITA CAMPBELL	VICE PRESIDENT / COO (JUL-JUN)	2.50	Officer	$0	$35,248	$150,851
JESSICA WABLER	VICE PRESIDENT / CDO (AUG-JUN)	2.50	Officer	$0	$34,908	$138,128

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	$1,128,503	$1,344,494	$13,018,219	$-215,991
2023	$1,005,965	$3,124,662	$13,245,168	$-2,118,697
2022	$2,643,252	$978,402	$15,361,322	$1,664,850
2021	$3,094,566	$940,121	$13,998,641	$2,154,445
2020	$1,933,024	$970,806	$11,531,453	$962,218
2019	$1,610,112	$1,332,628	$10,757,912	$277,484