THE FOUNDATION FOR NEWLIFE HOMES (EIN 912032117) - 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

1999

Legal Domicile

Principal Officer

JOHN BLOOMFIELD

Phone

5052937553

Tax Period

2024-07-01 to 2025-06-30

THE FOUNDATION FOR NEWLIFE HOMES, founded in 1999, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $209K in total revenue in fiscal year 2024. Net assets of $2.2M represent 126 months of operating reserves.

Mission

PROVIDE SUPPORT, INCLUDING MANAGEMENT SERVICES, TO NEW LIFE HOMES AND ITS AFFILIATES IN THEIR WORK TO PROVIDE HOUSING ASSISTANCE TO PERSONS WITH PSYCHOLOGICAL DISABILITIES

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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 (2024)

Revenue Breakdown

Contributions & Grants $500

Program Service Revenue $122,291

Investment Income $83,834

Other Revenue $1,970

TOTAL REVENUE $208,595

Expense Breakdown

Grants Paid $0

Salaries & Benefits $194,763

Fundraising Expenses $0

Program Expenses $173,358

Other Expenses $29,088

TOTAL EXPENSES $223,851

Year-over-Year Comparison

	2024	2023	Change
Revenue	$208,595	$215,878	0.0%
Expenses	$223,851	$211,705	+0.1%
Net Income	$-15,256	$4,173	-4.7%

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

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

Total Directors

$159,870

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL VAN GULICK	PRESIDENT/TR	0.20	Officer	$0	$0	$0
PATRICIA RAY	SECRETARY	0.20	Officer	$0	$0	$0
RUSSELL THOMPSON	DIRECTOR	0.20	Director	$0	$0	$0
CHANDRA DORAN	DIRECOTR	0.20	Director	$0	$0	$0
JOHN BLOOMFIELD	EXECUTIVE DI	8.00	Director	$159,870	$0	$159,870

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	$208,595	$223,851	$2,238,876	$-15,256
2024	$215,878	$211,705	$2,210,635	$4,173
2024	No data	No data	No data	No data
2023	$93,848	$216,748	$2,142,368	$-122,900
2022	$247,226	$174,927	$2,125,450	$72,299
2021	$237,340	$163,008	$2,232,309	$74,332
2020	$230,338	$148,392	$2,156,127	$81,946
2019	$165,438	$184,448	$2,075,824	$-19,010

THE FOUNDATION FOR NEWLIFE HOMES