NEW LIFE MINISTRIES OF SOUTHWEST FLORIDA INC (EIN 382533470) - 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

1982

Principal Officer

DONNA D WADE

Phone

8639909147

Tax Period

2024-01-01 to 2024-12-31

NEW LIFE MINISTRIES OF SOUTHWEST FLORIDA INC, founded in 1982, is a small nonprofit that reported $118K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $135K exceeded revenue, resulting in a 14% operating deficit.

Mission

ENTITY IS A CHURCH ORGANIZATION THAT ASSISTS IN SPREADING THE CHRISTIAN GOSPEL AND ASSISTING INDIVIDUALS IN NEED.

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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 (2024)

Revenue Breakdown

Contributions & Grants $103,362

Program Service Revenue $0

Investment Income $0

Other Revenue $14,419

TOTAL REVENUE $117,781

Expense Breakdown

Grants Paid $7,411

Salaries & Benefits $18,004

Fundraising Expenses $0

Program Expenses $121,019

Other Expenses $109,390

TOTAL EXPENSES $134,805

Year-over-Year Comparison

	2024	2023	Change
Revenue	$117,781	$107,825	+0.1%
Expenses	$134,805	$125,721	+0.1%
Net Income	$-17,024	$-17,896	0.0%

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

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

$13,025

Total Directors

$15,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANA D EVERHART	PRESIDENT	40.00	Officer Director	$11,600	$0	$11,600
JASON WADE	VICE PRESIDE	40.00	Director	$2,375	$0	$2,375
DONNA D WADE	TREASURER	40.00	Officer Director	$1,425	$0	$1,425

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	$117,781	$134,805	$189,697	$-17,024
2023	$107,825	$125,721	$217,860	$-17,896
2022	$125,040	$130,387	$245,908	$-5,347
2021	$150,908	$138,332	$259,926	$12,576
2020	$137,602	$136,304	$276,177	$1,298
2019	$145,396	$130,443	$307,216	$14,953
2018	$131,373	$119,881	$323,465	$11,492

NEW LIFE MINISTRIES OF SOUTHWEST FLORIDA INC