New Life USA - Nevada

EIN: 811075243 501(c)(3) Mental Health

Lovelock, NV

Total Revenue
$1,687,604
Total Expenses
$1,220,262
Total Assets
$4,436,439
Net Assets
$4,427,558
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NV
Principal Officer
Sergei Matevosian
Phone
8183188996
Tax Period
2025-01-01 to 2025-12-31

New Life USA - Nevada, founded in 2015, is a community nonprofit in the Mental Health sector that reported $1.7M in total revenue in fiscal year 2025. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $467K, a strong 28% operating margin.

Mission

Long term substance abuse recovery program provided free of charge for the clients.

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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 (2025)

Revenue Breakdown

Contributions & Grants $764,302
Program Service Revenue $247,269
Investment Income $36,061
Other Revenue $639,972
TOTAL REVENUE $1,687,604

Expense Breakdown

Grants Paid $66,760
Salaries & Benefits $224,921
Fundraising Expenses $0
Program Expenses $978,837
Other Expenses $928,581
TOTAL EXPENSES $1,220,262

Year-over-Year Comparison

2025 2024 Change
Revenue $1,687,604 $1,779,110 -0.1%
Expenses $1,220,262 $1,255,772 0.0%
Net Income $467,342 $523,338 -0.1%
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
7
Independent Members
3
Employees
8
Volunteers
5

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
$68,084
Total Directors
7
$117,634
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sergei Matevosian President 40.00
Officer Director
$35,860 $0 $35,860
Julia Powell Treasurer 40.00
Officer Director
$32,224 $0 $32,224
Alexander Zvenyatskovskiy Director 2.00
Director
$0 $0 $26,400
Sergei Razov Secretary 40.00
Director
$23,150 $0 $23,150
Olga Finova Director 2.00
Director
$0 $0 $0
David Kirk Director 2.00
Director
$0 $0 $0
David Vartanian Director 2.00
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
2025 $1,687,604 $1,220,262 $4,436,439 $467,342
2024 $1,779,110 $1,255,772 $4,069,298 $523,338
2023 $1,613,107 $997,739 $3,491,732 $615,368
2022 $1,683,577 $877,427 $2,896,186 $806,150
2021 $1,508,514 $738,542 $2,108,540 $769,972
2020 $1,032,678 $469,233 $1,345,955 $563,445
2019 $583,120 $386,663 $784,342 $196,457
2018 $374,606 $313,110 $587,885 $61,496
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