New Life Shelter Inc
Nonprofit profile at a glance
- EIN
- 472393132
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Nevada, MO, USA
- Rating confidence
- Limited
Reported finances
- Revenue
- $72,125
- Expenses
- $64,876
- Assets
- $181,755
- Liabilities
- $71,841
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Chad Bailey (president)
People named in this filing
- Chad Bailey (president)
- Ruth Bailey (Manager)
- Virginia Creek (Trustee)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our organization serves Vernon County by providing essential support to the homeless and less fortunate individuals. We offer shelter food clothing and other necessities to those in our shelter and extend assistance to others in the community facing similar needs. Collaborating with various agencies we strive to empower individuals by offering a helping hand towards their journey to becoming self-sufficient and productive members of society.
What it reported doing in 2024
We provide a safe place for individuals to work off their community service hours. We provide an avenue of opportunity to volunteer to build skill and have a reference for job applications.
Operating model
- Revenue model
- Other-operating. 87% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10.1%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 2.8; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 48.7%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: 22.9% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 5.6% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.