New Life Israel Inc (EIN 463827393) - 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

2013

Legal Domicile

Principal Officer

Veronica Harrison

Phone

2022765426

Tax Period

2023-01-01 to 2023-12-31

New Life Israel Inc, founded in 2013, is a small nonprofit in the Mutual Benefit sector that reported $889K in total revenue in fiscal year 2023. Expenses of $1.1M exceeded revenue, resulting in a 25% operating deficit.

Mission

New Life Israel, Inc. was organized on 9/25/2013 and shall be operated for the exclusive purpose of holding title to property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to Israel Manor, Inc. all within the meaning of Section 501 (c) (2)of the Internal Revenue Code

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $21,020

Other Revenue $867,566

TOTAL REVENUE $888,586

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $553,287

Other Expenses $1,108,798

TOTAL EXPENSES $1,108,798

Year-over-Year Comparison

	2023	2022	Change
Revenue	$888,586	$842,007	+0.1%
Expenses	$1,108,798	$981,359	+0.1%
Net Income	$-220,212	$-139,352	+0.6%

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
Veronica Harrison	President	1.00	Officer Director	$0	$0	$0
Tamara Davis	Treasurer	1.00	Officer Director	$0	$0	$0
Andy James Botticello	Secretary	1.00	Officer Director	$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
2024	No data	No data	No data	No data
2023	$888,586	$1,108,798	$13,842,663	$-220,212
2022	$842,007	$981,359	$14,340,188	$-139,352
2021	$846,851	$1,071,732	$14,673,587	$-224,881
2020	$1,014,528	$1,430,429	$14,885,460	$-415,901
2019	$972,908	$1,451,709	$15,372,070	$-478,801
2018	$949,002	$1,468,499	$15,863,981	$-519,497

New Life Israel Inc