NEWLIFE ALLIANCE

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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

2004

Legal Domicile

Principal Officer

CLIFF SNYDER

Phone

5122496240

Tax Period

2024-01-01 to 2024-12-31

NEWLIFE ALLIANCE, founded in 2004, is a small nonprofit in the Education sector that reported $585K in total revenue in fiscal year 2024. Expenses of $652K exceeded revenue, resulting in a 11% operating deficit.

Mission

NEWLIFE ALLIANCE ("NLA") DEVELOPS, DESIGNS, AND SUPERVISES IMPLEMENTATION OF SOCIAL SERVICE PROGRAMS IN AFFORDABLE HOUSING COMMUNITIES ACROSS TEXAS TO "BUILD GENERATIONAL SUCCESS THROUGH EDUCATION AND ENCOURAGEMENT". WE CREATE AND MAINTAIN AN ENVIRONMENT OF HOPE FOR FAMILIES, THE DISABLED, AND THE ELDERLY. THROUGH STEWARDSHIP AND COOPERATIVE RELATIONSHIPS WE OFFER TOOLS AND RESOURCES TO ACHIEVE FINANCIAL INDEPENDENCE, CIVIC RESPONSIBILITY, EDUCATIONAL ADVANCEMENT AND SPIRITUAL STEADFASTNESS AMONG FAMILIES RESIDING IN OUR AFFORDABLE HOUSING COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $554,526

WE CONTINUED OUR ONGOING PROGRAMS OF PARENTING SKILLS, FAMILY BUDGETING, LIFE SKILLS, HEALTH & NUTRITION, SPORTS & EXERCISE AND OUR AFTER-SCHOOL PROGRAM (TEJAS KIDS OPPORTUNITIES - TKO). OUR ACADEMIC INCENTIVE PROGRAM "PAYS FOR A'S" FOSTERS A COMMITMENT TO FOCUS ON EDUCATION FOR OUR YOUTH AND YOUNG ADULTS. AS OF DECEMBER 2023, WE SERVE OVER 2,900 RESIDENTS IN 17 COMMUNITIES IN TEXAS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $244,735

Program Service Revenue $335,094

Investment Income $5,388

Other Revenue $0

TOTAL REVENUE $585,217

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $32,619

Program Expenses $554,526

Other Expenses $652,384

TOTAL EXPENSES $652,384

Year-over-Year Comparison

	2024	2023	Change
Revenue	$585,217	$553,987	+0.1%
Expenses	$652,384	$607,747	+0.1%
Net Income	$-67,167	$-53,760	+0.2%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN JONES	CHAIR	4.00	Director	$0	$0	$0
LISA VECCHEITI	VICE CHAIR	3.00	Director	$0	$0	$0
ELIZABETH WRIGHTSMAN	BOARD MEMBER	3.00	Director	$0	$0	$0
GUY GUIDICI	SECRETARY	3.00	Director	$0	$0	$0
LISA MOORE	BOARD MEMBER	3.00	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	$585,217	$652,384	$303,747	$-67,167
2023	$553,987	$607,747	$365,872	$-53,760
2022	$504,362	$441,356	$415,236	$63,006
2021	$452,959	$422,883	$350,291	$30,076
2020	$420,692	$343,491	$322,788	$77,201
2019	$425,156	$393,995	$251,126	$31,161
2018	$319,234	$311,620	$216,147	$7,614