Woodbury, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW LIFE ACADEMY EDUCATIONAL FOUNDATION INC, founded in 1998, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. Expenses of $1.1M left a modest 4% surplus.
To support the educational endeavors of New Life Academy.
New Life Academy Educational Foundation exists to benefit the education of New Life Academy of Woodbury. New Life Academy is a school with several hundred students. The foundation was formed to raise...
New Life Academy Educational Foundation exists to benefit the education of New Life Academy of Woodbury. New Life Academy is a school with several hundred students. The foundation was formed to raise funds for the school to help with ongoing expenses, capital expenses and campaigns and future scholarship opportunities. All income raised goes toward the education expansion and growth of New Life Academy. New Life Academy is a pre-kindergarten to 12th grade school and is fully accredited by the North Central Association of Colleges and Schools.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,101,802 | $1,030,796 | +0.1% |
| Expenses | $1,053,436 | $539,054 | +1.0% |
| Net Income | $48,366 | $491,742 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Larry Chinn | Development Director | 40 |
Director
Key Emp
|
$0 | $18,668 | $110,354 |
| Ilene Firth | Treasurer | 1 |
Officer
Director
|
$0 | $0 | $97,358 |
| Brandon Mellet | Trustee | 2 |
Key Emp
|
$0 | $18,668 | $88,530 |
| Tony Ressie | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Steve Nathe | Secretary | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Melissa Porter | President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Allison Rieger | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Carissa Rasmussen | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Alex Haak | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Curt Wetsel | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Josh Brocker | Vice President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Leslie Kuckler | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Elizabeth Kriel | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Jenifer Dzioba | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Carly Bailey | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Ryan Bailey | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Steve Hamill | Vice President | 1 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,101,802 | $1,053,436 | $3,656,781 | $48,366 |
| 2024 | No data | No data | No data | No data |
| 2023 | $976,417 | $749,366 | $2,986,057 | $227,051 |
| 2022 | $1,059,574 | $245,424 | $2,416,381 | $814,150 |
| 2021 | $743,718 | $351,902 | $1,750,071 | $391,816 |
Compare NEW LIFE ACADEMY EDUCATIONAL FOUNDATION INC with other nonprofits in Minnesota and across the country.