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Newlife Alliance

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

EIN: 810622081 ✦ Round rock, TX ✦ Designated as a 501(c)(3)

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Overview

What is Newlife Alliance?

Newlife Alliance is a nonprofit organization situated in Round Rock, Texas, with a mission to create and maintain an environment of hope and encouragement for challenged individuals. They implement various social service programs in affordable housing communities across Texas, aiming to foster generational success through education and motivation. Their initiatives encompass parenting skills, family budgeting, life skills, health and nutrition, sports and exercise, and an after-school program for over 2,900 residents in 17 communities in Texas. They also encourage a commitment to education with their "Pay for A's" academic incentive program. As a whole, Newlife Alliance strives to provide tools and resources for financial independence, civic responsibility, educational advancement, and spiritual steadfastness among families residing in their affordable housing communities.


Official website here: www.newlife-alliance.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Stars)

Newlife Alliance has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management within the organization. The overall score reflects a strong emphasis on financial practices, showcasing the charity's commitment to transparency and responsible stewardship of donations.

The organization excels in maintaining an independent board, achieving full points in board composition and governance policies. Newlife Alliance has implemented robust financial practices, with an impressive program expense ratio of 84.91%, which suggests that a significant portion of its funding is directed towards its mission-related activities rather than administrative costs.

While the charity demonstrates strong financial accountability, the rating is based solely on the Accountability & Finance score, leaving other potential areas of impact unassessed. Nevertheless, the organization’s commitment to maintaining a conflict of interest policy and tracking board meeting minutes further emphasizes its dedication to ethical operations.


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

Is Newlife Alliance legitimate?

Newlife Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newlife Alliance 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: $0

For more financial information, click here


Official website here: www.newlife-alliance.org

What is the mission statement of Newlife Alliance?

Newlife Alliance, an organization, focuses on developing and implementing social service programs in affordable housing communities across Texas. Their mission is to foster an environment of hope and encouragement for challenged individuals, specifically families, the disabled, and the elderly. Through stewardship and cooperative relationships, they provide tools and resources to help achieve financial independence, civic responsibility, educational advancement, and spiritual steadfastness among the residents of their communities. The organization's goal is to build generational success through education and encouragement.


Official website here: www.newlife-alliance.org

Who is the CEO of Newlife Alliance?

Cliff Snyder is the Chair of Newlife Alliance.


Official website here: www.newlife-alliance.org

What is the revenue of Newlife Alliance?

Newlife Alliance's revenue in 2022 was $504,362.


Official website here: www.newlife-alliance.org

Who are the executives of Newlife Alliance and what are their salaries?


Here are 5 key members and their salaries:


Karen Jones (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Veccheiti (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Wrightsman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Guidici (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Moore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newlife-alliance.org

Where can I find the form 990 for Newlife Alliance?

Newlife Alliance's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newlife-alliance.org

Learn more at the official website: www.newlife-alliance.org

Mission Statement of Newlife Alliance

Newlife Alliance, a nonprofit organization, is committed to creating and sustaining an environment of hope and encouragement for individuals facing challenges. The organization's mission is to develop, design, and oversee the implementation of social service programs within affordable housing communities across Texas. Newlife Alliance aims to build generational success through education and encouragement for families, the disabled, and the elderly residing in these communities.

Stewardship and collaborative relationships are at the heart of Newlife Alliance's operations. The organization provides tools and resources to help individuals in these communities achieve financial independence, foster civic responsibility, and promote educational advancement. Additionally, Newlife Alliance encourages spiritual steadfastness among the residents, aiming to uplift and empower them towards a more prosperous and fulfilling life.

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Impact




July, 2024

Newlife Alliance's impact is seen in the creation and maintenance of an environment of hope and encouragement for all challenged individuals. Through ongoing programs focusing on parenting skills, family budgeting, life skills, health and nutrition, sports and exercise, and after-school opportunities, such as Tejas Kids Opportunities (TKO), they have positively impacted over 2,900 residents in 17 communities in Texas. Their academic incentive program, "Pays for A's," promotes education and fosters a commitment to learning among youth and young adults. By developing, designing, and implementing social service programs in affordable housing communities, Newlife Alliance works to build generational success through education and encouragement, ultimately aiming to empower families towards financial independence, civic responsibility, educational advancement, and spiritual steadfastness.




This information is meant to be a general summary of Newlife Alliance. 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
$504,362 (2022)
Expenses
$441,356 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $338,141
  • Gross Receipts: $504,362

Assets and Liabilities:

  • Total Assets: $415,236
  • Total Liabilities: $21,957
  • Net Assets: $393,279

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SOCIAL SERVICES

Revenue

$318,090

PROPERTY MANAGEMENT OV

Revenue

$18,000

CORPORATE

Revenue

$2,051

Organization Details

Founding Year

2004

Principal Officer

Cliff Snyder

Main Address

15 LAKE DRIVE, ROUND ROCK, TX, 78665

NTEE Category

Code: B90 - Education

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