Foundation For New Life Inc is located in Hialeah, FL. The organization was established in 1997. According to its NTEE Classification (G84) the organization is classified as: Autism, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For New Life Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Foundation For New Life Inc generated $32.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $31.4k during the year ending 06/2024. While expenses have increased by 11.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
N/A
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,565 |
| Total Program Service Revenue | $17,955 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,520 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,450 |
| Occupancy, rent, utilities, and maintenance | $24,955 |
| Printing, publications, postage, and shipping | $1,210 |
| Other expenses | $3,809 |
| Total expenses | $31,424 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,196 |
| Other assets | $0 |
| Total assets | $3,196 |
| Total liabilities | $410 |
| Net assets or fund balances | $2,786 |