NEW LIFE CONNECTION

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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

1997

Legal Domicile

Principal Officer

ANITA BENNETT

Tax Period

2021-01-01 to 2021-12-31

NEW LIFE CONNECTION, founded in 1997, is a small nonprofit that reported $320K in total revenue in fiscal year 2021. Revenue fell 48% from the prior year — a significant decline worth monitoring.

Mission

OUR MISSION IS TO PROVIDE ASSISTANCE AND RESOURCES FOR FAMILIES OF DOMESTIC VIOLENCE AND OTHER JUSTICE ISSUES. WE PROVIDE FINANCIAL AS WELL AS EMPLOYEMENT ASSISTANCE, RENTAL AND UTILITIES AND HOUSING ASS

Program Service Accomplishments

Program 1

Expenses: $100,000

COMMUNITY CATALYST-A HEALTH COMPANY THAT HELPS WITH ISSUES ON SYSTEMAT

Program 2

Expenses: $121,000

TOGETHER FOR RESISIENT YOUTH-A NONPROFIT ORGANIZATION THAT USES THE PU

Program 3

Expenses: $99,306

NC COUNCIL FOR WOMEN-NC DEPT OF ADM SPECIALIZES IS WOMENS ISSUES NLC

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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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $320,306

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $320,306

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $320,306

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2021	2020	Change
Revenue	$320,306	$613,992	-0.5%
Expenses	N/A	$1,425	-1.0%
Net Income	N/A	$612,567	N/A

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

Governance

Voting Members

Independent Members

N/A

Employees

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

$39,900

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEVERLEE BAKER	BOARD CHAIR	5	Officer	$0	$0	$0
TIFFANY GARRIS	VICE CHAIR	5	Officer	$0	$0	$0
JOHANNA HERNAN	TREASURER	5	Officer	$0	$0	$0
LUVERTA GILCHR	SECRETARY	5	Officer	$0	$0	$0
FRED AIKENS	BOARD OF DIR	5	Officer	$0	$0	$0
IRVING JOYNER	BOARD MEMBER	5	Officer	$0	$0	$0
GENEVIEVE BANK	PROJECT MGR	25	Key Emp	$19,500	$0	$19,500
ANETTE BENNETT	EXE DIRECTOR	50	Highest	$46,000	$14,000	$60,000
BEVERLY BAKER	BOARD CHAIR	5	Officer	$0	$0	$0
TIFFANY GARRIS	VICE CHAIR	5	Officer	$0	$0	$0
JOHANNA HERMA	TREASURER	5	Officer	$0	$0	$0
LUVERTA GILCRI	SECRETARY	5	Officer	$0	$0	$0
FRED AIKENS	BOARD MEMBER	5	Director	$0	$0	$0
IRVING JOYNER	BOARD MEMBER	5	Director	$0	$0	$0
GENEVIEVE BANK	PROJECT MANAGE	25	Key Emp	$0	$0	$0
ANITA BENEFIT	EXC DIRECTOR	50	Key Emp	$6,000	$14,400	$20,400

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
2021	$320,306	No data	No data	No data
2020	$613,992	$644,328	No data	$-30,336