NEW CREATION LIFE MINISTRIES INC

EIN: 843314072 501(c)(3) Religion

Lake Forest, CA

Total Revenue
$397,820
Total Expenses
$428,827
Total Assets
$241,271
Net Assets
$233,274
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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Phone
4084469427
Tax Period
2024-01-01 to 2024-12-31

NEW CREATION LIFE MINISTRIES INC, founded in 2019, is a small nonprofit in the Religion sector that reported $398K in total revenue in fiscal year 2024.

Mission

NCLM'S MISSION IS TO ORGANIZE AND CONDUCT THE DISCIPLESHIP TRAINING CONFERENCES(DTC) AROUND THE WORLD. TO EQUIP CHURCH LEADERS AND CHRISTIAN BELIEVERS. AFTER THE DTC'S, NCLM MISSIONARIES WILL CONTINUE SHEPHERDING THE DTC PARTICIPANTS.

Program Service Accomplishments

Program 1
Expenses: $74,397 Revenue: $59,000

DISCIPLESHIP TRAINING CONFERENCE: THIS YEAR, NCLM BEGAN IMPLEMENTING WEEKLY TRAINING FOR MULTIPLE TEAMS OF SPEAKERS AND SMALL GROUP LEADERS WHO SERVE IN THE DISCIPLESHIP TRAINING CONFERENCE (DTC)...

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DISCIPLESHIP TRAINING CONFERENCE: THIS YEAR, NCLM BEGAN IMPLEMENTING WEEKLY TRAINING FOR MULTIPLE TEAMS OF SPEAKERS AND SMALL GROUP LEADERS WHO SERVE IN THE DISCIPLESHIP TRAINING CONFERENCE (DTC). THE RESULT IS A MARKED ELEVATION IN THE QUALITY OF DTC MINISTRY. DUE TO THE DILIGENCE AND SPIRITUAL DEVELOPMENT OF DTC SPEAKERS AS WELL AS SMALL GROUP LEADERS, DTC HAS BECOME A MUCH MORE EFFECTIVE ENVIRONMENT IN SERVING OUR COMMUNITY OF ATTENDEES. FEEDBACK FROM ATTENDEES ALSO AFFIRMED THE POSITIVE INFLUENCE OF IMPLEMENTING WEEKLY TRAINING OF CO-WORKERS. THIS CAUSED POTENTIAL CO-WORKERS TO BECOME EAGER TO RECEIVE TRAING TO SERVE FELLOW ATTENDEES.

Program 2
Expenses: $186,112 Revenue: $165,689

SUPPORT MINISTRIES: DTC SPEAKERS AND SMALL GROUP LEADERS WHO PARTICIPATED IN THE WEEKLY TRAINING NOT ONLY GREW SPIRITUALLY, BUT ALSO BENEFITED THEIR FAMILY THROUGH PRACTICE. MARRIAGE RELATIONSHIPS...

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SUPPORT MINISTRIES: DTC SPEAKERS AND SMALL GROUP LEADERS WHO PARTICIPATED IN THE WEEKLY TRAINING NOT ONLY GREW SPIRITUALLY, BUT ALSO BENEFITED THEIR FAMILY THROUGH PRACTICE. MARRIAGE RELATIONSHIPS ARE STRENGTHENED, AND INTERGENERATIONAL FAMILY RELATIONSHIPS HAVE BECOME MORE HARMONIOUS. NATURALLY, THEIR LIVES REFLECT DTC PRINCIPLES. THROUGH A LIFE-CHANGED LIFESTYLE, THESE CO-WORKERS BECOME THE POSITIVE INFLUENCERS OF COMMUNITIES. IN ADDITION, THEIR MINISTRY IN THE FELLOWSHIP GROUPS AND LOCAL CHURCHES HAVE YIELDED FRUITFULNESS AND EFFECTIVENESS.

Program 3
Expenses: $124,744 Revenue: $110,460

ADJUNCTIVE MINISTRIES: WITH INCREASED HUMAN RERSOURCE CAPACITY, NCLM CAN CONTINUE THE FOLLOWING SPIRITUALLY-ENRICHING MINISTRIES AROUND THE WORLD : HOW TO TEACH DTC LESSONS, HOW TO PREACH...

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ADJUNCTIVE MINISTRIES: WITH INCREASED HUMAN RERSOURCE CAPACITY, NCLM CAN CONTINUE THE FOLLOWING SPIRITUALLY-ENRICHING MINISTRIES AROUND THE WORLD : HOW TO TEACH DTC LESSONS, HOW TO PREACH LIFE-TRANSFORMATIVE MESSAGE, HOW TO LEAD A SMALL GROUP DISCUSSION, AND LIFE IN CHRIST-BEING MARRIED COUPLE. IN ADDITION, NCLM CAN NOW EXPAND TO PROVIDE ADDITIONAL SESSIONS TO MEET THE INCREASE IN DEMAND GLOBALLY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $335,149
Program Service Revenue $59,000
Investment Income $1,281
Other Revenue $2,390
TOTAL REVENUE $397,820

Expense Breakdown

Grants Paid $0
Salaries & Benefits $224,125
Fundraising Expenses $0
Program Expenses $385,253
Other Expenses $204,702
TOTAL EXPENSES $428,827

Year-over-Year Comparison

2024 2023 Change
Revenue $397,820 $411,201 0.0%
Expenses $428,827 $392,229 +0.1%
Net Income $-31,007 $18,972 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
30

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
3
$49,920
Total Directors
5
$109,440
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEREMY JU CEO 40.00
Officer Director
$49,920 $0 $49,920
STEVE HSIA BOARD OF DIRECTOR 40.00
Director
$17,400 $0 $17,400
JHYPING SHAW CFO 5.00
Officer
$0 $0 $0
YUIT CHUI MOK BOARD OF DIRECTOR 20.00
Director
$0 $0 $0
JAMES N WANG BOARD OF DIRECTOR 40.00
Director
$42,120 $0 $42,120
YITSUNG L CHENG SECRETARY 10.00
Officer 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 $397,820 $428,827 $241,271 $-31,007
2024 $397,820 $428,827 $241,271 $-31,007
2023 $411,201 $392,229 $268,015 $18,972
2022 $298,823 $254,015 $245,283 $44,808
2021 $301,872 $236,937 $200,475 $64,935
2020 $219,380 $87,075 $135,335 $132,305
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