CSCharityScored
31

New Life Development Corporation

Education · Atlantic City, New Jersey

715 Baltic Ave, Atlantic City, NJ 08401-5209

EIN: 223523125· Founded: Nov 2023· 3 years active· Filing Year: 2023

Annual Revenue

$520K

Total Expenses

$568K

Total Assets

$5K

Program Spending

3%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$177K

Total Payroll

$177K

31% of total expenses

Where the Money Goes

3%
Programs: 3%
Payroll: 31%
Other overhead: 97%
Program Revenue$17K (3%)
Total Expenses$568K (100%)
Payroll$177K (31%)
Overhead (non-program)97%

Trust Score Breakdown

Program Spending Ratio

3% of expenses go to programs

40%

Revenue & Stability

$520K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$5K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.