NEW LIFE INTERNATIONAL FOUNDATION FOR CHILDREN (EIN 870735680) - 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

2004

Legal Domicile

Principal Officer

David Schlacter

Phone

5038977317

Tax Period

2023-01-01 to 2023-12-31

NEW LIFE INTERNATIONAL FOUNDATION FOR CHILDREN, founded in 2004, is a small nonprofit in the Education sector that reported $103K in total revenue in fiscal year 2023. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $96K left a modest 6% surplus.

Mission

Provide funds to New Life Foundation, a Tanzanian registered ministry and a separate organization, as a grant to help the organization house, care for, feed, and educate poor, marginalized and orphaned children in Tanzania.

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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 $102,679

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $102,679

Expense Breakdown

Grants Paid $91,035

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $96,356

Other Expenses $5,321

TOTAL EXPENSES $96,356

Year-over-Year Comparison

	2023	2022	Change
Revenue	$102,679	$225,056	-0.5%
Expenses	$96,356	$232,994	-0.6%
Net Income	$6,323	$-7,938	-1.8%

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

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
David Schlachter	President	10	Officer Director	$0	$0	$0
Megan Whitley	Secretary	2	Officer Director	$0	$0	$0
Christine Nemeti	Board Member	4	Director	$0	$0	$0
Mark Brandt	Treasurer	2	Officer Director	$0	$0	$0
Victor Mavika	Board member	4	Director	$0	$0	$0
Ray Kochis	Board Member	2	Director	$0	$0	$0
Heather Chamberlin	Board Member	2	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$102,679	$96,356	$10,106	$6,323
2022	$225,056	$232,994	$3,783	$-7,938
2022	$225,056	$232,994	$3,783	$-7,938
2021	$223,699	$217,947	$11,771	$5,752

NEW LIFE INTERNATIONAL FOUNDATION FOR CHILDREN