New Life Affiliates Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 13
- Location
- Oklahoma City, OK
- Founding
- 10/2017
- Data as of
- 12/2019
- EIN
- 82-2763315
Organization Overview
New Life Affiliates Inc is located in Oklahoma City, OK. The organization was established in 2017. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2019, New Life Affiliates Inc employed 13 individuals. New Life Affiliates 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 12/2019, New Life Affiliates Inc generated $62.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (46.6%) each year. All expenses for the organization totaled $68.2k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (39.1%) per year over the past 2 years. 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
2019
Describe the Organization's Program Activity:
Part 3
PARTNERED WITH LOCAL NON-PROFIT, FOCUSED ON THE HOMELESS, TO PROVIDE 8 JOBS AS A SECOND CHANCE EMPLOYER.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Sanchez President | Officer | 40 | $48,352 |
William T Malone Board Member | Officer | 0 | $0 |
Tom Jones Board Member | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $595 |
| Total Program Service Revenue | $66,319 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$4,784 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,130 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,401 |
| Professional fees and other payments to independent contractors | $9,670 |
| Occupancy, rent, utilities, and maintenance | $4,703 |
| Printing, publications, postage, and shipping | $486 |
| Other expenses | $6,911 |
| Total expenses | $68,171 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $6,041 |
| Net assets or fund balances | -$6,041 |