New Life Solutions Inc

Nonprofit profile at a glance

EIN: 592588366
IRS 990 coverage: 2010–2024
Forms available: Form 990 2024
Location: Largo, FL, USA
Phone: 7272161402
Rating: 81
Verdict: STRONG
Rating confidence: Standard
Sector: Reproductive Health Care Facilities and Allied Services
Affiliation: Christianity

Official website

Reported finances

Revenue: $1,971,279
Expenses: $2,821,525
Assets: $3,309,977
Liabilities: $1,607,175

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

Leadership & pay

13 people listed

Executive titles in this filing

CHARLES DIMARCO (PRESIDENT/CEO)

Highest reported compensation

CHARLES DIMARCO (PRESIDENT/CEO): $183,939 total reported compensation
AMANDA HENION (DIRECTOR OF FINANCE): $73,639 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 protect the unborn, share the gospel, and transform our communities one life at a time.

What it reported doing in 2024

More2life is a youth development program that partners with educators, parents, and our community to empower youth to build healthy relationships and confidently stand against risky behavior. This is accomplished through dynamic and captivating presentations for students customized for their setting (schools, summer camps, youth groups, etc.). The relevant information presented to students educates them on the impact of their choices and provides them with tools to make healthy choices in tough situations. Since 1999, more2life has reached over 230,000 students through in-person and virtual presentations on topics ranging from bullying and social media safety to drugs and alcohol to sexual risk avoidance (sra).

Operating model

Revenue model: Donor-supported. 90% 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.

Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 73
Transparency & Controls: 85
Accountability: 100
Sustainability: 23
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 91.5%; rating input score 91
Program expense ratio: 63.8%; rating input score 64
Fundraising efficiency: $3.79 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings

Transparency & Controls

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Yes; rating input score 100
Related-party transparency: Yes; rating input score 100

Accountability

Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Sustainability

Operating margin: -43.1%; rating input score 4; 4th percentile among comparable filings
Total-asset coverage ratio: 1.17; rating input score 48; 48th percentile among comparable filings
Liabilities to assets ratio: 0.49; rating input score 16; 16th percentile among comparable filings
Officer compensation ratio: 8.6%; rating input score 41; 41st percentile among comparable filings

Growth

Program expense growth: 3.8% per year; rating input score 100; 36th percentile among comparable filings
Revenue growth: 4% per year; rating input score 100; 37th percentile among comparable filings
Asset growth: 0.4% per year; rating input score 100; 19th percentile among comparable filings

Details

Where the money goes: 91.5% of revenue deployed · 63.8% of spending went to programs
Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
Programs: 3 filed program accomplishments · $1.8M in reported program spending
Leadership: top reported pay $184K · 13 people listed · 3 of 6 pay-setting controls reported
Consistency: 36 of 36 current checks pass
Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
Filing history: 14 filing years from 2010 to 2024
Contacts: How to reach this organization
Money network: 2 filed money-flow records
Related organizations: 1 filed related-organization link
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.
Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

High — Financial Efficiency: Fundraising efficiency scored 12/100.
High — Sustainability: Operating margin scored 4/100.
Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
High — Sustainability: Liabilities to assets ratio scored 16/100.
Moderate — Sustainability: Officer compensation ratio scored 41/100.