New Life Holding Corporation (EIN 813145052) - Form 990 Financial Analysis & Trantor Score

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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

2016

Legal Domicile

Phone

7196352111

Tax Period

2022-10-01 to 2023-09-30

New Life Holding Corporation, founded in 2016, is a micro nonprofit in the Religion sector that reported $14K in total revenue in fiscal year 2022. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $4.5M exceeded revenue, resulting in a 31171% operating deficit.

Mission

Holding title to property.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $14,400

Investment Income $0

Other Revenue $0

TOTAL REVENUE $14,400

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $4,503,053

TOTAL EXPENSES $4,503,053

Year-over-Year Comparison

	2022	2021	Change
Revenue	$14,400	$10,327	+0.4%
Expenses	$4,503,053	$3,890,099	+0.2%
Net Income	$-4,488,653	$-3,879,772	+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

$245,684

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	President	1.0	Officer Director	$0	$0	$0
N/A	Secretary/Treasurer	1.0	Officer Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$7,713	$142,807
N/A	Director	1.0	Director	$0	$6,946	$102,877

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	$14,400	$4,503,053	$108,568,702	$-4,488,653
2022	$10,327	$3,890,099	$109,544,620	$-3,879,772
2021	$1,723,190	$5,532,405	$112,165,344	$-3,809,215
2020	$16,564,583	$3,548,616	$115,345,021	$13,015,967
2019	$31,682	$2,455,903	$102,329,054	$-2,424,221
2018	$34,387	$1,091,518	$49,242,837	$-1,057,131

New Life Holding Corporation