New Life Network Inc
- Assets
- $420.5k
- Revenue
- $85.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, GA
- Founding
- 06/1992
- Data as of
- 12/2023
- EIN
- 59-3037211
Organization Overview
New Life Network Inc is located in Albany, GA. The organization was established in 1992. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Life Network Inc 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 12/2023, New Life Network Inc generated $85.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $113.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN EVANGELICAL MINISTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
FORM 990, PART III, LINE 4A - FIRST ACCOMPLISHMENTTHE CALENDAR YEAR 2023 WAS ANOTHER VERY PRODUCTIVE YEAR FOR NEW LIFENETWORK, INC. IN THE CHAPLAINCY ARENA. WE WORKED AS CHAPLAINS WITH THECORPORATIONS OF PURE OUT OF DALLAS, TX; VASAYO OUT OF PLEASANT GROVE, UT,AND JEUNESSE GLOBAL & R3GLOBAL OUT OF LAKE MARY, FL. WE CONDUCTED SEVERALMAJOR MEETINGS WITH THESE COMPANIES WHICH CONTINUED OUR YEARS IN THEMINISTRY AS A "MINISTRY TO THE MARKETPLACE".
WE HAVE CONTINUED OUR CLOSE RELATIONSHIP WITH MISSIONARY DOUG ROWLAND(WWW.GRACEANDGLORY.NET); PASTORS GUY AND CATE IANNELLO(WWW.TOTALFREEDOMPROGRAM.ORG); AND PASTORS DAVID & LISA MITTS(WWW.ONENEWMAN.ORG). THESE MINISTRIES ARE SEPARATE ENTITIES FROM US BUT AREVERY HELPFUL TO NEW LIFE NETWORK BECAUSE THEY HELP SUPPLY A SUPPORT NETWORKTO THE PEOPLE WE COUNSEL WITH IN THE AREAS OF ADDICTIONS, ABUSE,HUMANITARIAN AID, SEX TRAFFICKING, AND OVERSEAS MISSIONS WORK.AS CHAPLAINS, WE MINISTERED TO APPROXIMATELY 3000 PEOPLE DURING MAJORBUSINESS MEETINGS IN 2023.
WE ALSO CONTINUED MINISTERING TO APPROXIMATELY6000 PEOPLE OVER THE PHONE THAT ARE REFERRED TO US THROUGHOUT THE YEAR BYOTHER LARGE MINISTRIES SUCH AS JOYCE MEYER MINISTRIES. WE DO PASTORALCOUNSELING WITH THESE PEOPLE AND RECOMMEND LOCAL CHURCHES FOR THEM TO GETPLUGGED INTO. WE HAVE ALSO CONTINUED PUBLISHING OUR DAILY DEVOTIONALS (ANUGGET FROM NEW LIFE) WHICH ARE SENT OUT VIA EMAIL FIVE DAYS PER WEEK TOAPPROXIMATELY 1000 PEOPLE. WE TEACH A WEEKLY WOMEN'S PRAYER GROUP INALBANY, GA AND WE ALSO MINISTERED IN SEVERAL LOCAL CHURCHES IN SOUTHGEORGIA DURING 2023.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl A Henderson Director | Officer | 40 | $60,000 |
John B Hart President | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,237 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,237 |
| Total Program Service Revenue | $0 |
| Investment income | $975 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,831 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $85,382 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $60,000 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,000 |
| Payroll taxes | $4,590 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,265 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $790 |
| Office expenses | $5,327 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,562 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,585 |
| Insurance | $2,943 |
| All other expenses | $2,632 |
| Total functional expenses | $113,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,301 |
| Savings and temporary cash investments | $92,815 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $917 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $79,022 |
| Prepaid expenses and deferred charges | $1,664 |
| Net Land, buildings, and equipment | $1,661 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $113 |
| Total assets | $420,493 |
| Accounts payable and accrued expenses | $1,127 |
| Grants payable | $330,645 |
| 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 | $7,159 |
| Total liabilities | $338,931 |
| Net assets without donor restrictions | $81,562 |
| 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 | $420,493 |