NEW LIFE WORSHIP MINISTRIES

EIN: 860828351 501(c)(3)

SCOTTSDALE, AZ

Total Revenue
$38
Total Expenses
$1,015,255
Total Assets
N/A
Net Assets
N/A
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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
1995
Legal Domicile
AZ
Principal Officer
RON OGAN
Phone
6025497992
Tax Period
2021-07-01 to 2022-06-30

NEW LIFE WORSHIP MINISTRIES, founded in 1995, is a micro nonprofit that reported $38 in total revenue in fiscal year 2021. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 2671624% operating deficit.

Mission

THE ORGANIZATION'S PURPOSE IS TO FACILITATE AND DEVELOP LEADERSHIP IN INTERCULTURAL CHRISTIAN WORSHIP, COACHING, CONSULTING AND COUNSELING.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $38
Other Revenue $0
TOTAL REVENUE $38

Expense Breakdown

Grants Paid $206,700
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $206,700
Other Expenses $808,555
TOTAL EXPENSES $1,015,255

Year-over-Year Comparison

2021 2020 Change
Revenue $38 $4,541,172 -1.0%
Expenses $1,015,255 $14,550,988 -0.9%
Net Income $-1,015,217 $-10,009,816 -0.9%
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
2
Independent Members
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RON OGAN PRESIDENT N/A
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
2022 $38 $1,015,255 No data $-1,015,217
2021 $4,541,172 $14,550,988 $1,015,217 $-10,009,816
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