NEW LIFE ACADEMY EDUCATIONAL FOUNDATION INC (EIN 411915933) - 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

1998

Legal Domicile

Principal Officer

Melissa Porter

Phone

6514594121

Tax Period

2024-07-01 to 2025-06-30

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.

Mission

The mission of the organization is to support the educational endeavors of New Life Academy

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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 $1,116,445

Program Service Revenue $0

Investment Income $0

Other Revenue $-14,643

TOTAL REVENUE $1,101,802

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $797,937

Other Expenses $1,053,436

TOTAL EXPENSES $1,053,436

Year-over-Year Comparison

	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%

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

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

$97,358

Total Directors

$207,712

Key Employees

$198,884

Highest Compensated

reported

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

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	$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

NEW LIFE ACADEMY EDUCATIONAL FOUNDATION INC