NEW LIFE HOPE FOUNDATION INC

EIN: 593506751 501(c)(3) Human Services

ORLANDO, FL

Total Revenue
N/A
Total Expenses
$1,013
Total Assets
$480
Net Assets
$480
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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
2014
Legal Domicile
FL
Principal Officer
RONALD FULMORE
Phone
4074256578
Tax Period
2023-01-01 to 2023-12-31

Mission

TO PROVIDE A DYNAMIC ENVIRONMENT AND FACILITIES THAT CONNECT ORGANIZATIONS WITH A PURPOSE OF MAKING A POSITIVE IMPACT ON THE GROWTH, QUALITY AND LIFE OF THE MEMBERS OF THE 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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,013
TOTAL EXPENSES $1,013

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $700 -1.0%
Expenses $1,013 $784 +0.3%
Net Income N/A $-84 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

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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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD FULMORE FOUNDER AND N/A
Officer 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
2023 No data $1,013 $480 No data
2022 $700 $784 $1,493 $-84
2021 $4,131 $84 $1,577 $4,047
2020 $1,326 $1,887 $279 $-561
2019 $9,914 $12,089 $840 $-2,175
2018 $2,774 $2,509 $3,015 $265
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