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.
Upon each referral from the Maryland Division of Rehabilitation Services DORS program clients are allocated between 20 and 60 counseling hours tailored to their individual training needs. On average...
Upon each referral from the Maryland Division of Rehabilitation Services DORS program clients are allocated between 20 and 60 counseling hours tailored to their individual training needs. On average this training spans approximately 8 to 12 weeks ensuring personal support and development based on the specific requirements of each client. Over the past several years the Director of Services Dr. Barbara Taylor and her dedicated team have worked with as many as 500 clients annually. This remarkable achievement has been made possible with the collaborative efforts of five W-2 employees and a variable workforce of eight to twelve 1099 counseling contractors adjusted seasonally to meet program demands effectively. In November 2022 Family New Life Ministries received the prestigious Excellence in Partnership Award from Marylands DORS program. Under Dr. Taylors leadership the team of counselors demonstrated outstanding commitment and collaboration which not only enhanced the lives of their clients but also contributed to the organizations financial growth. Since launching this program Family New Life Ministries has seen an annual revenue increase of at least $300,000 from 2022 through the most recent reporting period of 2024. Through its unwavering dedication to client success and operational excellence Family New Life Ministries embodies a model of impactful service delivery. The teams ability to adapt innovate and thrive under Dr. Taylors leadership has solidified its reputation as a trusted partner in advancing rehabilitation services and improving the lives of the clients she and her team counsel every year.
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 |
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