I Am New Life

Nonprofit profile at a glance

EIN
330257311
IRS 990-EZ coverage
2013–2014
Forms available
Form 990 2010, Form 990-EZ 2014
Location
Murrieta, CA, USA
Phone
9516794296
Rating
34
Verdict
REVIEW
Rating confidence
Moderate
Sector
Inmate Support

Reported finances

Revenue
$37,055
Expenses
$40,768
Assets
$37,605

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • FRANK PICA (PRESIDENT)

People named in this filing

  • FRANK PICA (PRESIDENT)
  • PATRICIA PICA (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Half way house for transition

What it reported doing in 2014

Provided housing, meals & retraining for ex-prisoners & drug dependents in preparation for re-entry to community living. Provided visitations to prisoners & drug dependant persons and assisted in providing counciling for re entry to society

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 28
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -10%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.92; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 44.2%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -200% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -64.6% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -22% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1 in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2013 to 2014
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.