New Life Ministries Inc

Nonprofit profile at a glance

EIN
561177254
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Raleigh, NC, USA
Rating
57
Verdict
MIXED
Rating confidence
Moderate
Affiliation
Christianity

Reported finances

Revenue
$515,885
Expenses
$419,108
Assets
$648,772
Liabilities
$3,509

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

1 person listed

Highest reported compensation

  • GREGORY P GULLEY (EXECUTIVE DI): $195,325 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote and execute facets of christian ministry for the spiritual and material benefit of orphans and state-run orphanages in the countries of the former soviet union.

What it reported doing in 2024

New life ministries, inc., trains and underwrites volunteers and staff in ukraine and latvia, that travel to and minister in orphanages, 20 currently in ukraine, once a month. In addition, providing material help to 20 orphanages in ukraine across 5 regions - snovsk village orphanage, chernigov city orphanage, basan village orphanage, gorodnya village orphanage, komarivka village orphanage, berezna orphanage, kmitivska orphanage, berezhany orphanage for children with cerebral palsy, nove selo orphanage, fastivtec orphanage, vorsel orphanage, bolgrod orphanage for children who are hearing impaired, artstyz - 2 family-style orphanage, bilhodrod orphanage, vyshevichi orphanage, fastiv orphanages (2), sosnytsia village orphanage, borzna village orphanage, and the children's department of the izmail city orphanage. Material help includes medicines, disinfectant supplies, food, clothes, beds, wardrobes, kitchen appliances, back-up generators for when power goes off, and fuel to run them, playground equipment, and other physical help orphanage directors request. For example, hot water hearts, renovation of orphanage buildings, school supplies, chairs and desks, and renovations of bomb shelters, showers and bathrooms. In addition, before the war, week-long dental clinics have been provided for orphans and orphanages there, including dental work by dentists volunteering from the us, fluoride treatments, toothbrushes and toothpaste along with dental hygiene instruction.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
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

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 65
  • Accountability: 63
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.4%; rating input score 32
  • Program expense ratio: 37.8%; rating input score 38
  • Fundraising efficiency: $220.51 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 18.8%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 1.55; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 46.6%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 4.5% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: 0.8% per year; rating input score 100; 18th percentile among comparable filings
  • Asset growth: 29.2% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 32.4% of revenue deployed · 37.8% of spending went to programs
  • Governance: 1 of 1 board members independent · 1 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $158K in reported program spending
  • Leadership: top reported pay $195K · 1 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 23 of 23 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 38/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.