Burns, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)New Life Foundation, founded in 1982, is a micro nonprofit that reported $80K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $170K exceeded revenue, resulting in a 112% operating deficit.
The purpose of New Life Foundation is to provide alcoholism treatment facilities that are dedicated to two goals providing additional beds for treatment of alcoholics and providing treatments at reasonable costs.
Alcohol and Drug Treatment Facility Program Provide a treatment facility for out-patient treatment, Alcoholics Anonymous, Al-Anon, and Alateen. Approximately 150 meetings per month, and approximately...
Alcohol and Drug Treatment Facility Program Provide a treatment facility for out-patient treatment, Alcoholics Anonymous, Al-Anon, and Alateen. Approximately 150 meetings per month, and approximately 2,500 participants per month.
Alcohol and Drug Treatment Residential Program Provide an alcohol and drug sober living facility with an average of 4 residents per month.
Alcohol and Drug Treatment Volunteer Program Volunteer counselors, volunteer group leaders, and key volunteers conduct weekly group meetings and provide other facility needs on an average of 40 hours...
Alcohol and Drug Treatment Volunteer Program Volunteer counselors, volunteer group leaders, and key volunteers conduct weekly group meetings and provide other facility needs on an average of 40 hours per week. Also assist churches, courts, and treatment centers with aftercare patients.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $80,306 | $91,139 | -0.1% |
| Expenses | $170,468 | $147,476 | +0.2% |
| Net Income | $-90,162 | $-56,337 | +0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Foy Gilliland | CEO | 040.00 |
Officer
|
$30,000 | $0 | $30,000 |
| Christopher Kelly | Chairman | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| Debra Marnhout | Vice Chairman | 006.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dede Corrieri | Secretary / Treasurer | 003.00 |
Officer
Director
|
$0 | $0 | $0 |
| Wilton Burnett Jr | Director | 002.00 |
Director
|
$0 | $0 | $0 |
| Lewis Burnett | Director | 002.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $80,306 | $170,468 | $1,365,977 | $-90,162 |
| 2024 | $91,139 | $147,476 | $1,436,871 | $-56,337 |
| 2023 | $110,136 | $109,568 | $1,476,391 | $568 |
| 2022 | $89,626 | $106,963 | $1,475,550 | $-17,337 |
| 2021 | $854,604 | $100,391 | $1,510,307 | $754,213 |
| 2020 | $99,486 | $111,349 | $755,145 | $-11,863 |
| 2019 | $109,955 | $118,040 | $767,083 | $-8,085 |
| 2018 | $109,067 | $149,432 | $774,770 | $-40,365 |
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