NEW LIFE NETWORK

EIN: 593037211 501(c)(3) Religion

ALBANY, GA

Total Revenue
$100,857
Total Expenses
$101,046
Total Assets
$404,044
Net Assets
$81,373
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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
2007
Legal Domicile
GA
Principal Officer
CHERYL HENDERSON
Phone
8003225220
Tax Period
2024-01-01 to 2024-12-31

NEW LIFE NETWORK, founded in 2007, is a small nonprofit in the Religion sector that reported $101K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

CHRISTIAN EVANGELICAL MINISTRY

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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 (2024)

Revenue Breakdown

Contributions & Grants $93,239
Program Service Revenue $0
Investment Income $925
Other Revenue $6,693
TOTAL REVENUE $100,857

Expense Breakdown

Grants Paid $0
Salaries & Benefits $77,390
Fundraising Expenses $0
Program Expenses $100,500
Other Expenses $23,656
TOTAL EXPENSES $101,046

Year-over-Year Comparison

2024 2023 Change
Revenue $100,857 $85,382 +0.2%
Expenses $101,046 $113,496 -0.1%
Net Income $-189 $-28,114 -1.0%
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

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Governance

Voting Members
N/A
Independent Members
N/A
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
2
$60,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYL A HENDERSON DIRECTOR 40.00
Officer
$60,000 $0 $60,000
JOHN B HART PRESIDENT 0.50
Officer
$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
2025 No data No data No data No data
2024 $100,857 $101,046 $404,044 $-189
2023 $85,382 $113,496 $420,493 $-28,114
2022 $24,628 $106,475 $456,113 $-81,847
2021 $170,664 $150,162 $288,795 $20,502
2020 $120,497 $127,885 $188,448 $-7,388
2019 $191,962 $162,775 $211,703 $29,187
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