New Friends New Life
- Assets
- $2.6m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 34
- Location
- Dallas, TX
- Founding
- 01/2000
- Data as of
- 12/2021
- EIN
- 75-2820473
Organization Overview
New Friends New Life is located in Dallas, TX. The organization was established in 2000. According to its NTEE Classification (I70) the organization is classified as: Protection Against Abuse, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, New Friends New Life employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Friends New Life 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 Friends New Life generated $2.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. 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
NEW FRIENDS NEW LIFE(NFNL) RESTORES AND EMPOWERS FORMERLY TRAFFICKED TEENS AND SEXUALLY EXPLOITED WOMEN AND THEIR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O FOR DETAIL EXPLANATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bianca Davis Executive Director | Officer | 40 | $172,717 |
Jessica Brazeal Program Officer | 40 | $102,325 | |
Tracy Huntley Chair | OfficerTrustee | 5 | $0 |
Sherri Daniel Treasurer | OfficerTrustee | 5 | $0 |
Jane Rose Chair-Elect | OfficerTrustee | 5 | $0 |
Jessica Waugh Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $520,809 |
| Related organizations | $0 |
| Government grants | $716,377 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,306,256 |
| Noncash contributions included in lines 1a–1f | $146,450 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,543,442 |
| Total Program Service Revenue | $0 |
| Investment income | $21,087 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,318 |
| Net Income from Fundraising Events | -$350,839 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,556,478 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $136,811 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $173,917 |
| Compensation of current officers, directors, key employees. | $27,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,391,425 |
| Pension plan accruals and contributions | $4,275 |
| Other employee benefits | $112,295 |
| Payroll taxes | $110,490 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,372 |
| Fees for services: Accounting | $23,807 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,000 |
| Advertising and promotion | $0 |
| Office expenses | $39,079 |
| Information technology | $40,137 |
| Royalties | $0 |
| Occupancy | $294,283 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,571 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,635 |
| Insurance | $9,908 |
| All other expenses | $14,805 |
| Total functional expenses | $2,719,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $621,211 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $381,068 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $14,144 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,003 |
| Net Land, buildings, and equipment | $69,868 |
| Investments—publicly traded securities | $1,490,352 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,167 |
| Total assets | $2,610,813 |
| Accounts payable and accrued expenses | $26,835 |
| 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 | $37,702 |
| Total liabilities | $64,537 |
| Net assets without donor restrictions | $2,097,788 |
| Net assets with donor restrictions | $448,488 |
| 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 | $2,610,813 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Friends New Life has recieved totaling $10,500.
| Awarding Organization | Amount |
|---|---|
Aibtikar Foundation Dallas, TX PURPOSE: PROVIDED GRANT FOR THE YOUTH RESOURCE CENTER WHICH PROVIDES A PLACE FOR GIRLS WHO ARE AT RISK FOR HUMAN TRAFFICKING A SAFE SPACE TO RECEIVE WRAP AROUND MENTAL HEALTH SERVICES. | $10,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Friends New Life Dallas, TX | $2,610,813 | $2,556,478 |
Unbound North Texas Fort Worth, TX | $915,277 | $2,002,921 |
Ben And Mary Frances Doskocil Foundation Arlington, TX | $90,537,417 | $75,618,359 |
Childrens Advocacy Center Of Comal County New Braunfels, TX | $1,291,143 | $1,147,590 |
Bridgehaven Child Advocacy Center Dayton, TX | $639,584 | $1,108,483 |
Casa Of Williamson County Texas Georgetown, TX | $713,825 | $1,082,623 |
Robertas Place Grants, NM | $522,730 | $720,764 |
Hamilton House--Child And Family Safety Center Inc Fort Smith, AR | $341,370 | $597,862 |
Omega Foundation Inc Fort Worth, TX | $3,882,735 | $445,515 |
Oklahoma Coalition On Domestic Violence And Sexual Assault Oklahoma City, OK | $98,815 | $547,625 |
Capital Area Family Justice Center Inc Baton Rouge, LA | $349,156 | $430,335 |
Casa Of The Fifth Judicial District Russellville, AR | $165,801 | $327,538 |