GREATER NEW LIFE CHURCH INC

EIN: 752260673 501(c)(3) Religion

Fort Worth, TX

Total Revenue
$63,445
Total Expenses
$52,511
Total Assets
$502,666
Net Assets
$502,666
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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
2001
Legal Domicile
TX
Principal Officer
ISIAH NEWMAN
Tax Period
2021-01-01 to 2021-12-31

GREATER NEW LIFE CHURCH INC, founded in 2001, is a micro nonprofit in the Religion sector that reported $63K in total revenue in fiscal year 2021. The organization ran a surplus of $11K, a strong 17% operating margin.

Mission

Gospel ministry and evangelism.

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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 (2021)

Revenue Breakdown

Contributions & Grants $63,445
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $63,445

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,997
Fundraising Expenses $0
Program Expenses $52,511
Other Expenses $45,514
TOTAL EXPENSES $52,511

Year-over-Year Comparison

2021 2020 Change
Revenue $63,445 N/A N/A
Expenses $52,511 N/A N/A
Net Income $10,934 N/A 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
1
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ISIAH NEWMAN Director 20.00
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
2021 $63,445 $52,511 $502,666 $10,934
2020 $29,111 $32,553 $491,732 $-3,442
2019 $39,715 $39,715 $490,653 No data
2018 $50,407 $50,407 $489,645 No data
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