Overview
What is New Life Foundation?
The New Life Foundation, based in Burns, Tennessee, is a nonprofit organization committed to offering alcoholism treatment facilities. Their primary mission is twofold: expanding treatment options for alcoholics and making treatment accessible at a reasonable cost. The foundation oversees a treatment facility that accommodates outpatient treatment, hosting approximately 150 meetings monthly, with an average of 2500 participants attending these meetings. The team at New Life Foundation is small but dedicated, consisting of around two employees. They facilitate Alcoholics Anonymous, Al-Anon, and Alateen meetings, aiming to provide a supportive environment for those seeking help with their addiction.
Official website here: www.thenewlifefoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 76% - Three-Star out of Four Star rating
New Life Foundation has earned a Three-Star rating from Charity Navigator, reflecting a commitment to accountability and finance. The organization boasts a strong independent board structure with all members being independent, and it maintains a healthy liabilities to assets ratio. Additionally, it has a high program expense ratio, indicating that a significant portion of its budget is directed towards its programs rather than administrative costs.
However, there are notable areas for improvement. The foundation lacks several important policies, including a conflict of interest policy, a whistleblower policy, and document retention protocols, which could affect its transparency and governance. Furthermore, the nonprofit has not made its tax form available on its website, which is a requirement for accountability.
Overall, while New Life Foundation demonstrates strong financial management and board independence, addressing its governance policies and improving transparency could enhance its credibility and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is New Life Foundation legitimate?
New Life Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Life 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: $15,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,900
For more financial information, click here
Official website here: www.thenewlifefoundation.com
What is the mission statement of New Life Foundation?
The New Life Foundation is dedicated to providing alcoholism treatment facilities with a focus on two main objectives: expanding treatment capacity for alcoholics and offering affordable treatment options. The foundation operates a treatment facility for outpatient care, hosting regular meetings for Alcoholics Anonymous, Al-Anon, and Alateen, with approximately 150 meetings per month and around 2500 participants attending each month. The organization's mission is centered around providing support and resources to help those struggling with alcoholism on their road to recovery.
Official website here: www.thenewlifefoundation.com
Who is the CEO of New Life Foundation?
Foy Gilliland is the Ceo of New Life Foundation. The CEO's salary of New Life Foundation is $15,600 and their total compensation is $15,600.
Official website here: www.thenewlifefoundation.com
What is the revenue of New Life Foundation?
New Life Foundation's revenue in 2022 was $89,626.
Official website here: www.thenewlifefoundation.com
Who are the executives of New Life Foundation and what are their salaries?
The average compensation at New Life Foundation during 2022 was $22,750. There are 2 employees and 2 volunteers at New Life Foundation.
Here are 6 key members and their salaries (New Life Foundation's CEO's salary is $15,600 and their total compensation is $15,600):
- Compensation: $15,600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thenewlifefoundation.com
Where can I find the form 990 for New Life Foundation?
New Life Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thenewlifefoundation.com
Learn more at the official website: www.thenewlifefoundation.com
Mission Statement of New Life Foundation
The New Life Foundation, a dedicated organization, is committed to providing alcoholism treatment facilities with a focus on two primary goals: expanding the availability of treatment beds for alcoholics and offering affordable treatment. The Foundation's mission is to direct and maintain a treatment facility that caters to out-patient treatment, hosting regular Alcoholics Anonymous (AA), Al-Anon, and Alateen meetings. Approximately 150 meetings take place monthly, catering to around 2,500 participants each month. The New Life Foundation plays a vital role in supporting individuals struggling with alcoholism by offering them a chance at recovery at a reasonable cost.
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Impact
June, 2024
New Life Foundation's impact lies in providing essential alcoholism treatment facilities that cater to the needs of those struggling with alcohol addiction. By offering additional beds for treatment and keeping costs reasonable, the organization ensures that individuals seeking help have access to the support they need. Through their dedicated staff and a range of programs such as outpatient treatment, A.A., Al-Anon, and Alateen meetings, New Life Foundation serves approximately 2500 participants every month in Burns, TN. Their commitment to addressing mental health through alcoholism treatment has a profound impact on the lives of those affected by addiction in the community.
This information is meant to be a general summary of New Life 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $46,564
- Program Service Revenue: $42,662
- Gross Receipts: $235,626
Assets and Liabilities:
- Total Assets: $1,475,550
- Total Liabilities: $800
- Net Assets: $1,474,750
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT FEES
Revenue
$42,662
Organization Details
Founding Year
1982
Phone
(615) 441-2936Principal Officer
Foy Gilliland
Main Address
PO BOX 159, BURNS, TN, 37029
Website
www.thenewlifefoundation.comNTEE Category
Code: F20 - Mental health
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