Project New Life
- Assets
- $931.1k
- Revenue
- $966.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- Data as of
- 12/2021
- EIN
- 86-3366492
Organization Overview
Project New Life is located in Charlottesville, VA.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE PRIVATE OPERATING FOUNDATION IS TO SUPPORT THE WELL BEING OF CHILDREN AND THEIR FAMILIES BY CREATING AND MAINTAINING WELCOMIMG LIVING SPACES AND OTHER RELATED SERVICES FOR FAMILIES WITH CHILDREN UNDERGOING MEDICAL TREATMENT REQUIRING PROXIMITY TO A HOSPITAL MEDICAL CENTER IN THE CHARLOTTESVILLE VIRGINIA METROPOLITAN AREA.. TO PROVIDE ENCOURAGEMENT, SAFETY, AND HOPE TO THESE CHILDREN AND THEIR FAMILIES. DURING THE CURRENT YEAR, RESIDENTIAL PROPERTY HAS BEEN ACQUIRED AND RENOVATED TO PROVIDE SUCH HOUSING AND RELATED AMENITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelley Macdougall Treasurer | 6 | $0 | |
Natasha Lawler President | 6 | $0 | |
David Cruz-Palmer Director | 2 | $0 | |
Nancy Caton Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $960,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | -$61 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $966,645 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,325 |
| Depreciation | $5,476 |
| Occupancy | $1,230 |
| Travel, conferences, and meetings | $3,907 |
| Printing and publications | $0 |
| Other expenses | $11,494 |
| Total operating and administrative expenses | $35,580 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $35,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,198 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $868,867 |
| Other assets | $0 |
| Total assets | $931,065 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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