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New Life Mission Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 593771375 ✦ La crescenta, CA ✦ Designated as a 501(c)(3)

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Overview

What is New Life Mission Foundation?

New Life Mission Foundation is a nonprofit organization based in La Crescenta, California, with a strong focus on leadership development. They achieve this by offering scholarships and leadership training programs, conducting conferences, and seminars in various countries, including Brazil, the Philippines, Ethiopia, and Canada. The foundation's mission extends beyond scholarships and training. It also supports missionaries, promotes church planting, and actively shares the gospel of Jesus Christ, contributing to global spiritual growth.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Stars

New Life Mission Foundation has received a Two-Star rating from Charity Navigator, indicating a fair performance in terms of accountability and finance. The overall score is derived solely from the Accountability & Finance beacon, which reflects a strong emphasis on financial transparency and operational integrity. Notably, the organization boasts an independent board with 100% of members being independent, which enhances its governance structure.

The foundation demonstrates solid financial health, with a program expense ratio of 90.04%, signifying that a large portion of its expenditures is directed towards its mission-related activities. Additionally, the absence of liabilities ensures the organization maintains a clean financial slate, further strengthening its position in terms of financial accountability. Board meeting minutes are documented, which contributes positively to transparency.

While the rating reflects several organizational strengths, the overall Two-Star rating suggests there could be areas for improvement to enhance its standing. Continued focus on expanding beyond financial metrics could benefit the foundation in diversifying its impact and demonstrating effectiveness in its mission.


This AI summary has been generated from information found on Charity Navigator.

Is New Life Mission Foundation legitimate?

New Life Mission Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Life Mission Foundation 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: $12,000

For more financial information, click here

What is the mission statement of New Life Mission Foundation?

The New Life Mission Foundation is dedicated to carrying out mission work by supporting missionaries, providing leadership training, planting churches, and spreading the message of Jesus Christ. This organization demonstrates its mission through various activities, including offering scholarship and leadership training programs, hosting conferences, and seminars in countries such as Brazil, the Philippines, Ethiopia, and Canada. The primary objective of the New Life Mission Foundation is to strengthen leadership and propel the gospel of Jesus Christ worldwide.

Who is the CEO of New Life Mission Foundation?

Hee Min Park is the Director of New Life Mission Foundation.

What is the revenue of New Life Mission Foundation?

New Life Mission Foundation's revenue in 2022 was $92,866.

Who are the executives of New Life Mission Foundation and what are their salaries?


Here are 6 key members and their salaries:


Hee Min Park (Director)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Sung Ki Joo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jung Sook Kahm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ung Soo Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyung Woo Pak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Young Cha Park (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Life Mission Foundation?

New Life Mission Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Life Mission Foundation

New Life Mission Foundation is dedicated to carrying out its mission by providing support to missionaries, leadership training, planting churches, and spreading the gospel of Jesus Christ. This nonprofit organization believes in nurturing leadership through scholarship and training programs, as well as hosting conferences and seminars in various countries, including Brazil, the Philippines, Ethiopia, and Canada. By doing so, New Life Mission Foundation aims to contribute to the growth and development of future leaders in the religious sphere.

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Impact




October, 2024

New Life Mission Foundation significantly impacts communities through its dedicated support for missionaries and leadership development. By providing scholarships and organizing training programs, conferences, and seminars in countries such as Brazil, the Philippines, Ethiopia, and Canada, it fosters the growth of local leaders. The foundation is committed to planting churches and proclaiming the gospel of Jesus Christ, effectively strengthening faith communities and enhancing spiritual growth. Its efforts not only empower individuals but also promote collaboration and resilience within various communities, ensuring a lasting legacy of faith and leadership.




This information is meant to be a general summary of New Life Mission Foundation. 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.

Revenue
$92,866 (2022)
Expenses
$284,294 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $48,666
  • Gross Receipts: $92,866

Assets and Liabilities:

  • Total Assets: $900,474
  • Total Liabilities: $0
  • Net Assets: $900,474

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Organization Details

Founding Year

2004

Principal Officer

Hee Min Park

Main Address

4529 FREDERICK AVE, LA CRESCENTA, CA, 91214

NTEE Category

Code: X99 - Religion related

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