COLUMBIA, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Family New Life Ministries Services, founded in 2016, is a community nonprofit in the Religion sector that reported $1.1M in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year.
Family New Life Mission is committed to teaching training and equipping individuals with disabilities with the necessary tools to achieve self-sufficiency in their daily lives and work opportunities. Our services encompass a series of life and work skills designed to help individuals become valuable members of their communities. By catering to children young adults adults and their families we aim to build and strengthen support systems throughout the state of Maryland. Family New Life provides the support and guidance necessary for individuals with disabilities to thrive. We are dedicated to making a lasting impact in their lives and helping them become viable contributing members of society. By fostering independence and self-sufficiency we work towards creating a more inclusive and supportive community for all.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $1,072,377 | $1,241,701 | -0.1% |
| Expenses | $1,175,565 | $1,238,854 | -0.1% |
| Net Income | $-103,188 | $2,847 | -37.2% |
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 |
|---|---|---|---|---|---|---|
| Dr Barbara Taylor | Operations Executive Director | 40.00 |
Officer
Director
Key Emp
|
$15,000 | $0 | $15,000 |
| Nicholas Boddie | President | 10.00 |
Director
|
$21,500 | $0 | $21,500 |
| Glenda Williams | Director | 10.00 |
Director
|
$23,000 | $0 | $23,000 |
| Mary Edwards | Director | 10.00 |
Director
|
$10,000 | $0 | $10,000 |
| Gerrick Rivers | Director | 10.00 |
Director
|
$12,000 | $0 | $12,000 |
| Kimberly Rivera | Vice President | 10.00 |
Officer
|
$17,000 | $0 | $17,000 |
| Kayla Ngbea | Secretary | 10.00 |
Officer
|
$25,000 | $0 | $25,000 |
| Dayla Davis | Treasurer | 15.00 |
Key Emp
|
$11,000 | $0 | $11,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,072,377 | $1,175,565 | $164,351 | $-103,188 |
| 2024 | $1,241,701 | $1,238,854 | $118,594 | $2,847 |
| 2023 | $860,240 | $915,127 | $115,747 | $-54,887 |
| 2022 | $520,634 | $350,000 | $170,634 | $170,634 |
Compare Family New Life Ministries Services with other nonprofits in Maryland and across the country.