Overview
What is New Life Services Inc?
New Life Services Inc, based in Dearborn, Michigan, is a nonprofit organization dedicated to providing care for adults with various abilities. Operating numerous adult foster care facilities in southeastern Michigan, they offer a supportive living environment, including room, board, medical services, transportation, activities, and life skills training. Their mission is to ensure the highest quality of care in a safe, nurturing, and home-like setting. New Life Services encourages independence while providing ample choices for each resident, involving family and friends in their development, and fostering new friendships to stimulate personal growth. With a workforce of 106 individuals, they prioritize the well-being and empowerment of those in their care.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
New Life Services Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The charity's score is based entirely on its performance in the Accountability & Finance category, where it scored 79%. This rating signifies that the organization demonstrates a good level of transparency and responsible financial practices.
The charity boasts a strong independent board, with 75% of its members being independent, and adheres to best practices by maintaining a conflict of interest policy and whistleblower policy. Furthermore, there are no reported material diversions of assets, and the organization keeps comprehensive documentation, including board meeting minutes, which adds to its credibility and operational integrity.
However, while the financial metrics, such as a low liabilities to assets ratio and a high program expense ratio of 87.37%, reflect effective resource allocation towards its mission, the overall rating suggests there may be room for improvement in other areas. Future evaluations could benefit from a broader assessment that includes impact measurements, program effectiveness, and donor feedback to provide a more comprehensive view of the organization's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is New Life Services Inc legitimate?
New Life Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Life Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,666,103
For more financial information, click here
What is the mission statement of New Life Services Inc?
New Life Services Inc's mission involves operating adult foster care homes and staffing agencies, providing the highest quality of services in a safe, caring, and gentle home-like environment. Recognizing the diversity of abilities among its residents, the organization encourages maximum independence and offers a high level of choice for each individual served. Family and friends are encouraged to be involved in fostering the development of the residents. Furthermore, New Life Services Inc. encourages the formation and nurturing of new friendships as a means to stimulate growth and independence.
What is the revenue of New Life Services Inc?
New Life Services Inc's revenue in 2024 was $5,450,883.
Who are the executives of New Life Services Inc and what are their salaries?
The average compensation at New Life Services Inc during 2024 was $34,310. There are 136 employees at New Life Services Inc.
Here are 6 key members and their salaries:
- Compensation: $150,222
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for New Life Services Inc?
New Life Services Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of New Life Services Inc
New Life Services Inc is dedicated to operating adult foster care homes and serving as a staffing agency in southeastern Michigan. Their primary mission is to provide the highest quality of services in a safe, caring, and gentle home-like environment. Recognizing the diverse abilities of the individuals residing in their facilities, New Life Services promotes and encourages their maximum independence while offering a high level of choice for each individual served. They actively involve family and friends in fostering the development of the residents, recognizing the importance of their support in the growth and independence of each individual. Additionally, New Life Services encourages the formation and nurturing of new friendships as a means to stimulate growth and enhance independence.
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Impact
July, 2024
New Life Services Inc's impact lies in the operation of adult foster care homes and staffing agents in Southeastern Michigan. By providing the highest quality of services in safe, caring, and gentle home-like environments, the organization empowers individuals with various abilities to maximize their independence and choices. New Life Services fosters the involvement of family and friends in supporting the development of residents while encouraging the formation of new friendships to stimulate growth and independence. Through their person-centered approach, New Life Services creates a community environment that offers room, board, staffing, access to medical services, transportation, activities, and a program of basic life and work skills. This comprehensive support enables men and women to thrive in a least restrictive setting tailored to their individual needs.
This information is meant to be a general summary of New Life Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $29,862
- Program Service Revenue: $5,272,449
- Gross Receipts: $5,458,233
Assets and Liabilities:
- Total Assets: $2,623,808
- Total Liabilities: $475,668
- Net Assets: $2,148,140
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$3,683,522
SELF -DETERMINATION
Revenue
$1,069,742
COST OF CARE
Revenue
$317,144
CLIENT HOUSING
Revenue
$89,735
HOME HELP
Revenue
$52,409
Organization Details
Founding Year
1988
Principal Officer
Jason Schmidt
NTEE Category
Code: P70 - Human services
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