New Life Ministry Inc

Overview

Mission

The specific purpose for which the corporation is initially organized is to be a faith-based community development organization serving our local community by engaging in a broad range of strategies that promote community health, education, and development and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501(c)(3) of the Internal Revenue Code. This corporation is organized and operated exclusively for charitable and religious purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, or to any corresponding provision of any future federal tax law.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

• Financial Efficiency: 100
• Transparency & Controls: 82
• Sustainability: 23
• Growth: NotEnoughData

Detailed rating inputs

Details

• Where the money goes: 100% of revenue deployed · 100% of spending went to programs
• Governance: Filed governance answers
• Accomplishments: 1 filed program accomplishment · $97K in reported program spending
• Leadership: top reported pay $0 · 5 people listed
• Consistency: 6 of 6 current checks pass
• Schedules: 2 filed schedules
• 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.

• Moderate — Sustainability: Operating margin scored 41/100.
• High — Sustainability: Total-asset coverage ratio scored 10/100.
• High — Sustainability: Officer compensation ratio scored 8/100.
• High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.