NEW LIFE FOOD PANTRY INC

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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

2015

Legal Domicile

Principal Officer

Milton E Williams

Phone

4106752113

Tax Period

2023-01-01 to 2023-12-31

NEW LIFE FOOD PANTRY INC, founded in 2015, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.4M in total revenue in fiscal year 2023.

Mission

To provide groceries and meals to the poor

Program Service Accomplishments

Program 1

Expenses: $1,417,870 Revenue: $1,446,929

NLFP distributed about 1,008,777 lbs of donated food and drinks to the local community. We collected the food and drinks from Blessings of Hope and the top donors were Martin-Brower Cloverland Diary...

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,446,929

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,446,929

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,417,870

Other Expenses $1,487,081

TOTAL EXPENSES $1,487,081

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,446,929	$1,446,929	N/A
Expenses	$1,487,081	$1,487,081	N/A
Net Income	$-40,152	$-40,152	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

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
Milton Williams	President	40.00	Officer	$0	$0	$0
Natia Wilkins	Program Manager	40.00	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
2023	$1,446,929	$1,487,081	$125,202	$-40,152
2022	$1,446,929	$1,487,081	$125,202	$-40,152
2021	$1,631,159	$1,616,088	$170,887	$15,071
2020	$1,446,929	$1,487,081	$125,202	$-40,152