New Life International Corp
- Assets
- $4.6m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 7
- Location
- Underwood, IN
- Founding
- 02/2001
- Data as of
- 12/2021
- EIN
- 35-2118454
Organization Overview
New Life International Corp is located in Underwood, IN. The organization was established in 2001. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, New Life International Corp employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Life International Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, New Life International Corp generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 17.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SAFE WATER AND COMMUNITY DEVELOPMENT INITIATIVES FOR THE DEVELOPING WORLD, AS WELL AS ENGAGING IN ACTIVITIES THAT ENCOURAGE YOUTH AND ADULTS IN NORTH AMERICA TO BECOME INVOLVED IN MAKING A POSITIVE CHANGE IN THE WIDER WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAFE WATER PROGRAMS: NEW LIFE INTERNATIONAL PROVIDES SIMPLE AND ECONOMICAL WATER PURIFICATION SYSTEMS TO UNDERSERVED VILLAGES ALL OVER THE WORLD IN ADDITION TO COMMUNITY DEVELOPMENT, CHURCH PLANTING AND COMMUNITY STRENGTHENING ACTIVITIES THAT EMPOWER WOMEN AND FAMILIES WITH MICROLOANS, MICROENTERPRISE, AGRICULTURAL PROJECTS, TRAINING AND MENTORING WHILE STRENGTHENING THE COMMUNITY WITH ADDITIONAL SERVICES AS THEY TAKE INITIATIVE TO UTILIZE PRODUCTIVELY THE RESOURCES PROVIDED. NEW LIFE INTERNATIONAL ALSO ENGAGES IN RESEARCH AND DEVELOPMENT OF TECHNOLOGIES TO HELP ADDRESS GLOBAL WATER CHALLENGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
B Duvon Mcguire President | OfficerTrustee | 40 | $97,850 |
Yvonne Mcguire Treasurer | OfficerTrustee | 30 | $0 |
David Moore Board Member | Trustee | 1 | $0 |
Michael Munchhof Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $19,713 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,875,230 |
| Noncash contributions included in lines 1a–1f | $18,676 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,894,943 |
| Total Program Service Revenue | $25,690 |
| Investment income | $6,192 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3 |
| Net Income from Fundraising Events | -$10,371 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,923,708 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $482,237 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,851 |
| Compensation of current officers, directors, key employees. | $19,570 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $131,574 |
| Pension plan accruals and contributions | $10,786 |
| Other employee benefits | $50,820 |
| Payroll taxes | $16,238 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,230 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $32,260 |
| Fees for services: Investment Management | $132 |
| Fees for services: Other | $129,305 |
| Advertising and promotion | $0 |
| Office expenses | $23,421 |
| Information technology | $27,467 |
| Royalties | $0 |
| Occupancy | $60,298 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,346 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80,389 |
| Insurance | $13,037 |
| All other expenses | $1,987 |
| Total functional expenses | $1,541,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,973 |
| Savings and temporary cash investments | $2,387,314 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,031,434 |
| Prepaid expenses and deferred charges | $22,246 |
| Net Land, buildings, and equipment | $875,666 |
| Investments—publicly traded securities | $224,666 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,625,299 |
| Accounts payable and accrued expenses | $12,564 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,564 |
| Net assets without donor restrictions | $4,612,735 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,625,299 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that New Life International Corp has recieved totaling $38,761.
| Awarding Organization | Amount |
|---|---|
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $17,175 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,127 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $5,100 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,050 |
Mighty To Save Foundation Corvallis, MT PURPOSE: ECUADOR WATER PURIFICATION MINISTRY | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $309 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Global Foodbanking Network Chicago, IL | $18,753,140 | $16,426,499 |
Christel House International Inc Indianapolis, IN | $93,680,993 | $18,546,381 |
Water For Good Indianapolis, IN | $3,104,528 | $5,973,756 |
Outreach International Kansas City, MO | $4,310,238 | $3,767,343 |
Waterequity Inc Kansas City, MO | $22,174,909 | $3,748,536 |
Building Tomorrow Inc Indianapolis, IN | $2,584,263 | $2,537,452 |
Andean Health And Development Inc Madison, WI | $1,250,881 | $2,191,153 |
Maestro Cares Foundation Chicago, IL | $6,243,515 | $3,094,225 |
International Book Project Inc Lexington, KY | $1,015,924 | $2,389,161 |
The Human Development Foundation Of North America Oak Brook, IL | $4,594,028 | $2,738,864 |
Proem Support Ministries Inc Louisville, KY | $1,122,442 | $2,659,855 |
African Vision Of Hope Maryville, IL | $1,886,646 | $2,842,339 |