NEW LIFE HOUSE INC

EIN: 900513063 501(c)(3) Mental Health

DURANT, OK

Total Revenue
$72,864
Total Expenses
$75,677
Total Assets
$259,182
Net Assets
$259,182
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
OK
Principal Officer
AARON MCADAMS
Phone
5806346586
Tax Period
2024-07-01 to 2025-06-30

NEW LIFE HOUSE INC, founded in 2009, is a micro nonprofit in the Mental Health sector that reported $73K in total revenue in fiscal year 2024. Net assets of $259K represent 43 months of operating reserves.

Mission

THE PRIMARY MISSION IS TO PROVIDE HOUSING AND A SOBER LIVING ENVIRONMENT FOR CHEMICALLY DEPENDENT WOMEN WHO HAVE COMPLETED A TREATMENT PROGRAM OR ARE ACTIVE PARTICPANTS IN DRUG COURT. THIS HOUSING WILL HELP TRANSITION THEM BACK INTO SOCIETY.

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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 $54,500
Program Service Revenue $0
Investment Income $2,456
Other Revenue $15,908
TOTAL REVENUE $72,864

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,095
Fundraising Expenses $0
Program Expenses $67,011
Other Expenses $49,582
TOTAL EXPENSES $75,677

Year-over-Year Comparison

2024 2023 Change
Revenue $72,864 $76,129 0.0%
Expenses $75,677 $61,632 +0.2%
Net Income $-2,813 $14,497 -1.2%
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

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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
6
Independent Members
6
Employees
1
Volunteers
1

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
$0
Total Directors
2
$0
Key Employees
1
$24,241
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOLA J LOPEZ KEY EMPLOYEE 40.00
Key Emp
$24,241 $0 $24,241
AARON MCADAMS TREASURER 1.00
Officer Director
$0 $0 $0
TAMMY CROSS PRESIDENT 1.00
Officer Director
$0 $0 $0
RHONDA COLLIER SECRETARY 1.00
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
2025 $72,864 $75,677 $259,182 $-2,813
2024 $76,129 $61,632 $258,673 $14,497
2023 $75,067 $63,095 $244,176 $11,972
2022 $63,210 $55,376 $232,462 $7,834
2021 $57,158 $54,513 $224,936 $2,645
2020 $52,984 $58,959 $220,229 $-5,975
2019 $62,026 $75,812 $226,088 $-13,786
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