NEW LIFE MOVEMENT (EIN 474137233) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

BENDRICK FOSTER

Phone

5108374814

Tax Period

2024-01-01 to 2024-12-31

NEW LIFE MOVEMENT, founded in 2015, is a small nonprofit in the Human Services sector that reported $270K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $250K left a modest 7% surplus.

Mission

NEW LIFE MOVEMENT EMPOWERS YOUTH AND YOUNG ADULTS TO ENVISION NEW REALITIES FOR THEMSELVES AND TO UPLIFT THEIR COMMUNITY BY CULTIVATING PRACTICAL, SUSTAINABLE KNOWLEDGE AND SKILLS THAT ARE FOUNDATIONAL TO THE DEVELOPMENT OF HEALTHY INTERPERSONAL, ACADEMIC, AND PROFESSIONAL RELATIONSHIPS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $269,877

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $269,877

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,600

Fundraising Expenses $0

Program Expenses $197,361

Other Expenses $162,825

TOTAL EXPENSES $250,425

Year-over-Year Comparison

	2024	2023	Change
Revenue	$269,877	$300,288	-0.1%
Expenses	$250,425	$284,076	-0.1%
Net Income	$19,452	$16,212	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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
BENDRICK FOSTER	FOUNDER	40.00	Officer Director	$0	$0	$0
CHARLES NEWSOME	COORDINATOR	0.00	Officer Director	$0	$0	$0
CHANAE FOSTER	C0-FOUNDER	0.00	Director	$0	$0	$0
WILLIAM ZEIER	PRESIDENT	0.00	Officer Director	$0	$0	$0
GUILLERMO SABALLOS	BOARD MEMBER	0.00	Director	$0	$0	$0
PAUL SCATTOLIN	BOARD MEMBER	0.00	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	$269,877	$250,425	$74,843	$19,452
2023	$300,288	$284,076	$41,615	$16,212
2022	$244,312	$219,177	$25,402	$25,135

NEW LIFE MOVEMENT