CSCharityScored
32

New Life Enterprises Corp

Human Services · Richmond, Virginia

Po Box 13526, Richmond, VA 23225-8526

EIN: 421529285· Founded: Aug 2002· 24 years active· Filing Year: 2022

Annual Revenue

$540K

Total Expenses

$539K

Total Assets

$54K

Program Spending

3%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$39K

7.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$81K

Total Payroll

$120K

22% of total expenses

Where the Money Goes

3%
Programs: 3%
Payroll: 22%
Other overhead: 97%
Program Revenue$14K (3%)
Total Expenses$539K (100%)
Payroll$120K (22%)
Overhead (non-program)97%

Trust Score Breakdown

Program Spending Ratio

3% of expenses go to programs

40%

Revenue & Stability

$540K annual revenue

15%

Executive Compensation

$39K total officer comp (7.2% of expenses)

20%

Filing Recency

Most recent filing: 2022

15%

Asset Strength

$54K in assets

10%

Data from IRS Form 990 filing (2022). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.