Is New Life Centers Of Chicagoland Nfp Legit?

Quick charity verification for New Life Centers Of Chicagoland Nfp (EIN: 202380358)

Verdict: New Life Centers Of Chicagoland Nfp appears trustworthy

92/100Mission Score
$34.5MRevenue
$11.6MAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How New Life Centers Of Chicagoland Nfp allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about New Life Centers Of Chicagoland Nfp

Is New Life Centers Of Chicagoland Nfp a legitimate charity?

Based on AI analysis of IRS 990 filings, New Life Centers Of Chicagoland Nfp (EIN: 202380358) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is New Life Centers Of Chicagoland Nfp a good charity to donate to?

New Life Centers Of Chicagoland Nfp has a Mission Score of 92/100. Revenue: $34.5M. Assets: $11.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for New Life Centers Of Chicagoland Nfp?

The Employer Identification Number (EIN) for New Life Centers Of Chicagoland Nfp is 202380358. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does New Life Centers Of Chicagoland Nfp spend its money?

New Life Centers Of Chicagoland Nfp allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify New Life Centers Of Chicagoland Nfp's tax-exempt status?

You can verify New Life Centers Of Chicagoland Nfp's tax-exempt status using EIN 202380358 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

New Life Centers Of Chicagoland Nfp demonstrates strong financial health and growth, with its latest reported revenue at $34,468,554 and assets at $11,648,432. The organization has shown significant revenue growth over the past several years, increasing from $1,387,721 in 2016 to over $20 million in 2023. This growth is accompanied by a healthy asset base, which has also expanded considerably, indicating good financial management and capacity. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator for spending efficiency and transparency. The organization consistently spends a high proportion of its revenue on program services, as evidenced by the close alignment of expenses to revenue in most periods. For instance, in 2023, expenses were $18,841,691 against revenues of $20,504,808, indicating a substantial portion of funds are utilized for operations. The rapid increase in assets from $533,073 in 2016 to $11,648,432 currently, alongside a manageable liabilities-to-assets ratio (e.g., $2,889,438 liabilities against $8,286,660 assets in 2023), further supports a picture of robust financial stewardship. The absence of reported officer compensation enhances the organization's transparency profile, suggesting a focus on mission-driven expenditures.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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