NEW LIFE CDC INC (EIN 454218993) - 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

2012

Legal Domicile

Tax Period

2022-01-01 to 2022-12-31

NEW LIFE CDC INC, founded in 2012, is a small nonprofit in the Education sector that reported $265K in total revenue in fiscal year 2022. Revenue decreased 14% compared to the prior year.

Mission

TO HELP STUDENTS AGES 14-21 WHO HAVE DISABILITIES TO OVERCOME BARRIERS TO THE WORKPLACE WITH OUR SUMMER YOUTH TRAINING PROGRAMS AS WELL AS OUR CAREER CAMP. THEY RECEIVE 80 HOURS OF TRAINING IN SELF ADVOCACY AND SELF AWARENESS. ADDITIONALLY, WE PROVIDE...

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $265,357

Investment Income $0

Other Revenue $0

TOTAL REVENUE $265,357

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,200

Fundraising Expenses $0

Program Expenses $268,868

Other Expenses $236,668

TOTAL EXPENSES $268,868

Year-over-Year Comparison

	2022	2021	Change
Revenue	$265,357	$308,582	-0.1%
Expenses	$268,868	$205,881	+0.3%
Net Income	$-3,511	$102,701	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OTHNEL MULLINGS	T	0.00	Officer	$0	$0	$0
KETURAH SCURLES	SVP	0.00	Officer	$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
2023	No data	No data	No data	No data
2022	$265,357	$268,868	$121,309	$-3,511
2021	$308,582	$205,881	$124,820	$102,701
2020	$191,936	$203,537	$172,315	$-11,601
2019	$376,320	$192,404	$183,916	$183,916
2018	$250,240	$179,733	$70,507	$70,507

NEW LIFE CDC INC