NEW LIFE COMMUNITY DEVELOPMENT CENTER (EIN 481272428) - 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

2002

Legal Domicile

Principal Officer

LILLIAN ROBERTSON

Phone

3604793674

Tax Period

2024-01-01 to 2024-12-31

NEW LIFE COMMUNITY DEVELOPMENT CENTER, founded in 2002, is a small nonprofit in the Human Services sector that reported $599K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $737K exceeded revenue, resulting in a 23% operating deficit.

Mission

THE ORGANIZATION SEEKS TO ESTABLISH A RECREATIONAL FACILITY WHERE IT CAN CARRY OUT YOUTH OUTREACH AND OFFER COMMUNITY SERVICES.

🔒

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 $333,244

Program Service Revenue $249,864

Investment Income $0

Other Revenue $16,340

TOTAL REVENUE $599,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $207,815

Fundraising Expenses $6,889

Program Expenses $376,651

Other Expenses $529,181

TOTAL EXPENSES $736,996

Year-over-Year Comparison

	2024	2023	Change
Revenue	$599,448	$711,694	-0.2%
Expenses	$736,996	$844,230	-0.1%
Net Income	$-137,548	$-132,536	+0.0%

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

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

$71,500

Total Directors

$71,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LILLIAN ROBERTSON	PRESIDENT OF THE BOARD	5.00	Officer Director	$71,500	$0	$71,500
GROVER JOHNSON	DIRECTOR	2.50	Director	$0	$0	$0
CLAUDE JONES	DIRECTOR	2.50	Director	$0	$0	$0
MILDRED DAVIS	SECRETARY AND TREASURER	2.50	Director	$0	$0	$0
BRENTON ROBERTSON	DIRECTOR	2.50	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	$599,448	$736,996	$7,410,500	$-137,548
2024	$599,448	$736,996	$7,410,500	$-137,548
2023	$711,694	$844,230	$7,635,244	$-132,536
2022	$485,865	$591,104	$7,810,809	$-105,239
2021	$434,675	$650,025	$8,000,664	$-215,350
2020	$751,899	$386,609	$8,148,754	$365,290
2019	$322,194	$383,933	$7,674,973	$-61,739
2018	$930,569	$274,506	$7,645,371	$656,063
2017	$2,826,738	$168,592	$6,172,634	$2,658,146

NEW LIFE COMMUNITY DEVELOPMENT CENTER