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New Life Usa - Nevada Inc

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

EIN: 811075243 ✦ Lovelock, NV ✦ Designated as a 501(c)(3)

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Overview

What is New Life Usa - Nevada Inc?

New Life Usa - Nevada Inc is a non-profit organization based in Lovock, Nevada, offering a long-term substance abuse recovery program. This program, rooted in a therapeutic community approach, aims to help individuals overcome addiction and rebuild their physical strength and personal character. The recovery program is free for its clients and is run by a small team of seven dedicated employees. New Life Usa - Nevada Inc operates under a Christian-based, non-denominational ethos, striving to empower recovering individuals to become productive citizens in society once again.


Official website here: www.nlusa.org

What are the reviews and ratings of this charity?

Charity Navigator rating: One-Star out of Four Stars (54%)

New Life USA - Nevada Inc has earned a One-Star rating from Charity Navigator, with an overall score of 54%, which reflects significant concerns regarding its accountability and financial practices. The rating is based solely on its Accountability & Finance score, indicating potential issues in transparency and governance.

The nonprofit scored particularly low in areas such as independent board governance and financial statement accessibility, highlighting a lack of independent board members and missing essential financial documentation. It did, however, demonstrate some strengths, such as having no material diversion of assets and maintaining a sound liabilities to assets ratio.

Despite these strengths, the absence of key policies like conflict of interest and whistleblower protections raises significant questions about the organization's operational integrity. Overall, potential donors and supporters should proceed with caution and consider these factors when evaluating their engagement with New Life USA - Nevada Inc.


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

Is New Life Usa - Nevada Inc legitimate?

New Life Usa - Nevada Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Life Usa - Nevada 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: $71,880
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,047

For more financial information, click here


Official website here: www.nlusa.org

What is the mission statement of New Life Usa - Nevada Inc?

New Life USA-Nevada Inc's mission is centered around providing a long-term substance abuse recovery program free of charge for its clients. This program, grounded in a therapeutic community recovery method, aims to rebuild the physical strength and personal character of individuals who have overcome addiction. The goal is to help these individuals become valuable and productive members of society again. Operating as a non-profit and Christian-based, non-denominational organization, New Life USA-Nevada strives to offer a personalized approach to healing and recovery, fostering a healthier lifestyle and stronger relationships for its clients.


Official website here: www.nlusa.org

Who is the CEO of New Life Usa - Nevada Inc?

Sergei Matevosian is the President of New Life Usa - Nevada Inc.


Official website here: www.nlusa.org

What is the revenue of New Life Usa - Nevada Inc?

New Life Usa - Nevada Inc's revenue in 2022 was $1,683,577.


Official website here: www.nlusa.org

Who are the executives of New Life Usa - Nevada Inc and what are their salaries?

The average compensation at New Life Usa - Nevada Inc during 2022 was $20,275. There are 7 employees at New Life Usa - Nevada Inc.


Here are 5 key members and their salaries:


Sergei Matevosian (President)
  • Compensation: $30,000
  • Related: $0
  • Other: $0
Alexander Zvenyatskovskiy (Treasurer)
  • Compensation: $0
  • Related: $23,196
  • Other: $0
Juliia Pavlova (Administrato)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Sergei Razov (Director)
  • Compensation: $20,280
  • Related: $0
  • Other: $0
David Vartanian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nlusa.org

Where can I find the form 990 for New Life Usa - Nevada Inc?

New Life Usa - Nevada Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nlusa.org

Learn more at the official website: www.nlusa.org

Mission Statement of New Life Usa - Nevada Inc

New Life USA-Nevada, a non-profit organization with a Christian-based, non-denominational approach, is dedicated to providing a long-term substance abuse recovery program free of charge for its clients. This program employs a therapeutic community recovery method, aiming to rebuild the physical strength and personal character of individuals who have overcome addiction. By offering an individual approach to healing and recovery, New Life USA-Nevada seeks to help these individuals transform into valuable and productive members of society. The organization's mission is to empower recovering addicts, enabling them to regain control of their lives and rebuild their relationships.

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Impact




June, 2024

New Life Usa - Nevada Inc's impact is significant in providing a long-term substance abuse recovery program that is free of charge for clients. The organization's therapeutic community recovery method aims to help individuals rebuild physical strength and personal character, leading to a healthier life and relationships. By offering support to those overcoming addiction, New Life Usa - Nevada Inc enables them to become valuable and productive citizens in society.




This information is meant to be a general summary of New Life Usa - Nevada 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.

Revenue
$1,683,577 (2022)
Expenses
$877,427 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,370
  • Gross Receipts: $2,279,071

Assets and Liabilities:

  • Total Assets: $2,896,186
  • Total Liabilities: $5,076
  • Net Assets: $2,891,110

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Organization Details

Founding Year

2015

Principal Officer

Sergei Matevosian

Main Address

5605 OLD VICTORY HWY, LOVELOCK, NV, 89419

NTEE Category

Code: F20 - Mental health

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