Overview
What is New Life Tn?
New Life TN, situated in Winchester, Tennessee, is a nonprofit organization dedicated to enhancing the lives of intellectually and developmentally disabled individuals residing in Franklin County. Through their supported living program, they offer round-the-clock assistance to thirty individuals, focusing on essential life skills such as meal preparation, self-care, homemaking, financial management, safety, companionship, and community engagement. The organization's mission is to foster, develop, promote, and operate a blend of formal programs, services, and appropriate supports to maximize the quality of life and functional abilities of the individuals they serve, aiming for a sustained period of growth and improvement. The team at New Life TN comprises 84 dedicated employees.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
New Life TN has received a commendable Four-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. With a score of 94%, the organization demonstrates impressive fiscal management practices and an effective governance structure, which includes a fully independent board consisting of nine members. This high level of oversight is reflected in their excellent scores across various financial metrics, such as a program expense ratio of 92.39%, showcasing their commitment to impactful programming.
The organization also adheres to best practices, as evidenced by their comprehensive policies on conflict of interest, whistleblower protection, and document retention. Their Financial Statements are managed by an Audit and Oversight Committee that has received full marks for its effectiveness, ensuring that the organization maintains transparency and integrity in its operations. Additionally, the absence of any material diversion of assets further reinforces their trustworthiness.
While the ratings reflect strong organizational health, potential donors or beneficiaries should continue to monitor ongoing performance and community impact. Overall, New Life TN stands out as a reliable nonprofit committed to its mission and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is New Life Tn legitimate?
New Life Tn is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Life Tn 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: $1,938,740
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What is the mission statement of New Life Tn?
New Life TN's mission is to enhance the quality of life and functional abilities for intellectually and developmentally disabled citizens in a sustained manner. This is achieved through operating a combination of formal programs, services, and appropriate supports. The organization aims to foster, develop, and promote these resources to maximize the individuals' potential, providing assistance in daily living tasks such as meal preparation, self-care, homemaking, money management, and community activities. The supported living program, in particular, offers round-the-clock staff support to thirty individuals.
Who is the CEO of New Life Tn?
Janie Lovett is the Chairman of New Life Tn.
What is the revenue of New Life Tn?
New Life Tn's revenue in 2022 was $3,193,625.
Who are the executives of New Life Tn and what are their salaries?
The average compensation at New Life Tn during 2022 was $23,080. There are 84 employees at New Life Tn.
Here are 9 key members and their salaries:
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Where can I find the form 990 for New Life Tn?
New Life Tn's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Life Tn
New Life TN, a nonprofit organization, is committed to enhancing the lives of intellectually and Developmentally Disabled citizens in Franklin County. Their mission is to foster, develop, promote, and operate a combination of formal programs, services, and appropriate supports over an extended period, aiming to optimize the quality of life and functional abilities of these individuals. The organization's initiatives are designed to provide sustained assistance, addressing various aspects of daily living, including meal preparation, self-care skills, homemaking skills, money management, safety, companionship, and community activities. The supported living program, a key component of New Life TN's mission, offers round-the-clock staff support to thirty individuals, ensuring they receive direct assistance tailored to their unique needs.
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Impact
July, 2024
New Life Tn's impact is significant in Franklin County, TN, as it fosters, develops, promotes, and operates programs and services to maximize the quality of life and functional abilities of intellectually and developmentally disabled citizens. Through its supported living program, which offers around-the-clock staff support for thirty individuals, New Life Tn ensures that these individuals receive direct assistance in various areas of daily living such as meal preparation, self-care skills, money management, safety, companionship, and community activities. This organization plays a crucial role in enhancing the well-being and independence of disabled citizens in Franklin County.
This information is meant to be a general summary of New Life Tn. 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 2022.
- Investment Income: $36,861
- Program Service Revenue: $2,970,566
- Gross Receipts: $3,193,625
Assets and Liabilities:
- Total Assets: $6,195,002
- Total Liabilities: $149,037
- Net Assets: $6,045,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHOICES / ECF / PRIVATE
Revenue
$646,265
STATE OF TN CONTRACTS
Revenue
$2,324,301
Organization Details
Founding Year
1979
Phone
(931) 967-0100Principal Officer
Janie Lovett
Main Address
702 HUNDRED OAKS STREET, WINCHESTER, TN, 37398
NTEE Category
Code: P71Z - Human services
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