New Life Warehouse Inc (EIN 850505753) - 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

2020

Legal Domicile

Principal Officer

Stephanie Haile

Phone

2055664028

Tax Period

2023-01-01 to 2023-12-31

New Life Warehouse Inc, founded in 2020, is a small nonprofit in the Human Services sector that reported $619K in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $597K left a modest 4% surplus.

Mission

Providing home items for those in need.

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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 $599,915

Program Service Revenue $0

Investment Income $0

Other Revenue $19,103

TOTAL REVENUE $619,018

Expense Breakdown

Grants Paid $557,554

Salaries & Benefits $18,222

Fundraising Expenses $2,331

Program Expenses $579,410

Other Expenses $21,431

TOTAL EXPENSES $597,207

Year-over-Year Comparison

	2023	2022	Change
Revenue	$619,018	$427,806	+0.4%
Expenses	$597,207	$371,937	+0.6%
Net Income	$21,811	$55,869	-0.6%

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

Volunteers

350

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
Stephanie Haile	President/Executive Director	30.00	Officer Director	$0	$0	$0
Barb Dawes	Director	10.00	Director	$0	$0	$0
Chris Dawes	Director	2.00	Director	$0	$0	$0
April McCullohs	Director	0.75	Director	$0	$0	$0
Chayil Gatlin	Director	0.00	Director	$0	$0	$0
Christy Dinan	Director	4.00	Director	$0	$0	$0
Kevin Brick	Director	0.00	Director	$0	$0	$0
Ann Morrick	Director	0.00	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	$619,018	$597,207	$137,233	$21,811
2022	$427,806	$371,937	$107,341	$55,869

New Life Warehouse Inc