Anew Life Youth Development Corporation
EIN: 223886949 · Gary, IN · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $425K |
| Total Expenses | $687K |
| Net Assets | $707K |
Is Anew Life Youth Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Anew Life Youth Development Corporation
Anew Life Youth Development Corporation (EIN: 223886949) is a nonprofit organization based in Gary, IN, classified under NTEE code J22. The organization reported total revenue of $425K and total assets of $218K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anew Life Youth Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anew Life Youth Development Corporation is a small nonprofit that has been operating for 11 years.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $725K |
| Total Expenses | $687K |
| Surplus / Deficit | +$39K |
| Total Assets | $730K |
| Total Liabilities | $23K |
| Net Assets | $707K |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 12.8 months |
Financial Health Grade: A
In 2015, Anew Life Youth Development Corporation reported a surplus of $39K with revenue exceeding expenses, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.2% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Anew Life Youth Development Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Anew Life Youth Development Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.2%.
Frequently Asked Questions about Anew Life Youth Development Corporation
Is Anew Life Youth Development Corporation a legitimate charity?
Anew Life Youth Development Corporation (EIN: 223886949) is a registered tax-exempt nonprofit based in Indiana. Total revenue: $425K. No red flags identified. Financial health grade: A.
How does Anew Life Youth Development Corporation spend its money?
Anew Life Youth Development Corporation reported $425K in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Anew Life Youth Development Corporation tax-deductible?
Anew Life Youth Development Corporation is registered as a tax-exempt nonprofit (EIN: 223886949). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Anew Life Youth Development Corporation located?
Anew Life Youth Development Corporation is headquartered in Gary, Indiana and files with the IRS under EIN 223886949. It is classified under NTEE code J22.
Filing History
IRS 990 filing history for Anew Life Youth Development Corporation showing financial trends over 1 year of public records:
In its most recent filing year (2015), Anew Life Youth Development Corporation reported a surplus of $39K, with revenue exceeding expenses. The organization holds $23K in liabilities against $730K in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $707K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $725K | $687K | $730K | $23K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anew Life Youth Development Corporation:
Data Sources and Methodology
This transparency report for Anew Life Youth Development Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.