WELCOME TO A NEW LIFE

EIN: 832662972 501(c)(3) Human Services

FINDLAY, OH

Total Revenue
$318,256
Total Expenses
$202,754
Total Assets
$450,082
Net Assets
$450,082
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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
2019
Legal Domicile
OH
Principal Officer
HAROLD R ROWE SR
Phone
4194556082
Tax Period
2023-01-01 to 2023-12-31

WELCOME TO A NEW LIFE, founded in 2019, is a small nonprofit in the Human Services sector that reported $318K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $116K, a strong 36% operating margin.

Mission

OUR MISSION IS TO PROVIDE MENTORSHIP AND RESOURCES FOR ADULTS WHO ARE INVOLVED IN THE HANCOCK COUNTY CRIMINAL JUSTICE SYSTEM, HELPING THEM TO ACHIEVE CRIME-FREE, DRUG-FREE, PRODUCTIVE LIVES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $236,466
Program Service Revenue $0
Investment Income $5,829
Other Revenue $75,961
TOTAL REVENUE $318,256

Expense Breakdown

Grants Paid $0
Salaries & Benefits $104,832
Fundraising Expenses $21,779
Program Expenses $150,761
Other Expenses $97,922
TOTAL EXPENSES $202,754

Year-over-Year Comparison

2023 2022 Change
Revenue $318,256 $260,657 +0.2%
Expenses $202,754 $151,015 +0.3%
Net Income $115,502 $109,642 +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
12
Independent Members
12
Employees
3
Volunteers
45

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
5
$57,339
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLA BENJAMIN EXECUTIVE DI 40.00
Officer
$57,339 $0 $57,339
STEFAN ADAMS BOARD MEMBER 2.00
Director
$0 $0 $0
JULIE BAKER VICE-PRESIDE 10.00
Officer Director
$0 $0 $0
CHARLES L BILLS BOARD MEMBER 2.00
Director
$0 $0 $0
JIM FREEL SECRETARY 10.00
Officer Director
$0 $0 $0
MICHAEL HELDMAN BOARD MEMBER 2.00
Director
$0 $0 $0
RYAN KORKOS BOARD MEMBER 2.00
Director
$0 $0 $0
LYNN MILLER BOARD MEMBER 2.00
Director
$0 $0 $0
HAROLD R ROWE SR BOARD PRESID 10.00
Officer Director
$0 $0 $0
PRECIA STUBY TREASURER 10.00
Officer Director
$0 $0 $0
KIMBERLY THOMAS BOARD MEMBER 2.00
Director
$0 $0 $0
ALEX TREECE BOARD MEMBER 2.00
Director
$0 $0 $0
JIM WOODWARD BOARD MEMBER 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
2024 No data No data No data No data
2023 $318,256 $202,754 $450,082 $115,502
2022 $260,657 $151,015 $334,580 $109,642
2021 $211,790 $95,286 $224,938 $116,504
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