NEW LIFE WITH EDUCATION

EIN: 465002138 501(c)(3) Education

Mission, KS

Total Revenue
$308,343
Total Expenses
$289,438
Total Assets
$234,205
Net Assets
$234,205
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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
2014
Legal Domicile
TX
Principal Officer
Megan Lewis
Phone
7193259437
Tax Period
2023-01-01 to 2023-12-31

NEW LIFE WITH EDUCATION, founded in 2014, is a small nonprofit in the Education sector that reported $308K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $289K left a modest 6% surplus.

Mission

New Life with Education provides funding for a center for families affected by disabilities in Santa Maria de Jesus, Guatemala. We provide primary education, therapy services, and community support.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $307,914
Program Service Revenue $0
Investment Income $429
Other Revenue $0
TOTAL REVENUE $308,343

Expense Breakdown

Grants Paid $172,700
Salaries & Benefits $68,626
Fundraising Expenses $3,815
Program Expenses $235,913
Other Expenses $48,112
TOTAL EXPENSES $289,438

Year-over-Year Comparison

2023 2022 Change
Revenue $308,343 $267,715 +0.2%
Expenses $289,438 $301,857 0.0%
Net Income $18,905 $-34,142 -1.6%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
20

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
6
$57,420
Total Directors
0
$0
Key Employees
2
$57,420
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Megan Lewis Member at Large 40
Officer Key Emp Highest
$39,600 $0 $39,600
Stephanie Faulkner Treasurer 40
Officer Key Emp
$17,820 $0 $17,820
MaryAnn Miller President 2
Officer
$0 $0 $0
John Ashworth Secretary 2
Officer
$0 $0 $0
Tom Riddle Treasurer 2
Officer
$0 $0 $0
Mindy Newton Member at Large 2
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
2024 No data No data No data No data
2023 $308,343 $289,438 $234,205 $18,905
2022 $267,715 $301,857 $214,413 $-34,142
2021 $300,085 $224,599 $244,718 $75,486
2020 $238,421 $177,782 $167,557 $60,639
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