NEW LIFE COMMUNITY MINISTRIES INC

EIN: 582616862 501(c)(3) Education

DECATUR, GA

Total Revenue
$1,973,895
Total Expenses
$2,105,860
Total Assets
$1,234,030
Net Assets
$1,110,946
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
GA
Principal Officer
MICHAEL BRYANT
Tax Period
2023-01-01 to 2023-12-31

NEW LIFE COMMUNITY MINISTRIES INC, founded in 2003, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2023.

Mission

THE MISSION OF NEW LIFE COMMUNITY MINSITRIES, INC. IS TO EXTEND THE PRACTICAL LOVE OF JESUS, THROUGH TRANSFORMATIONAL PROGRAMS THAT RESTORE HOPE, REVIVE DIGNITY, AND RAISE THE QUALITY OF LIFE FOR OUR GLOBAL COMMUNITY.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,973,895
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,973,895

Expense Breakdown

Grants Paid $0
Salaries & Benefits $771,399
Fundraising Expenses $17,492
Program Expenses $1,844,897
Other Expenses $1,334,461
TOTAL EXPENSES $2,105,860

Year-over-Year Comparison

2023 2022 Change
Revenue $1,973,895 $1,847,514 +0.1%
Expenses $2,105,860 $1,842,185 +0.1%
Net Income $-131,965 $5,329 -25.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
22
Volunteers
2119

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
4
$97,676
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL BRYANT EXECUTIVE DI 40.00
Officer
$97,676 $0 $97,676
RICK CAFFEY BOARD MEMBER N/A
Director
$0 $0 $0
DERIN DICKERSON BOARD MEMBER N/A
Officer Director
$0 $0 $0
ROBERT DOW BOARD MEMBER N/A
Director
$0 $0 $0
ALAN FERGUSON BOARD MEMBER N/A
Director
$0 $0 $0
REGINALD FOWLER BOARD MEMBER N/A
Director
$0 $0 $0
MARLIN HARRIS EXECUTIVE CE N/A
Director
$0 $0 $0
SCOTT HUGHES BOARD MEMBER N/A
Director
$0 $0 $0
JAMES HUTCHINSON SECRETARY N/A
Officer Director
$0 $0 $0
GABRIELLE KING TREASURER N/A
Officer Director
$0 $0 $0
DANA LEMON BOARD MEMBER N/A
Director
$0 $0 $0
GREGORY LEVETT BOARD MEMBER N/A
Director
$0 $0 $0
GERALD MCDOWELL BOARD MEMBER N/A
Director
$0 $0 $0
DEBORAH SPOONEY BOARD MEMBER N/A
Director
$0 $0 $0
KATERINA TAYLOR CEO N/A
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 No data No data No data No data
2023 $1,973,895 $2,105,860 $1,234,030 $-131,965
2022 $1,847,514 $1,842,185 $1,255,296 $5,329
2021 $1,981,782 $1,134,393 $1,244,699 $847,389
2020 $2,166,763 $2,000,632 $409,279 $166,131
2019 $859,192 $700,683 $260,123 $158,509
2018 $536,082 $502,959 $105,494 $33,123
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