New Life Christian Foundation Inc
New Life Christian Foundation Inc. holds over $1.6 million in assets with minimal to no operational revenue or expenses reported in recent years.
EIN: 203030163 · Somerset, KY · NTEE: X12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Net Assets | $1.6M |
| Transparency Score | 30/100 |
Is New Life Christian Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Life Christian Foundation Inc
New Life Christian Foundation Inc (EIN: 203030163) is a nonprofit organization based in Somerset, KY, classified under NTEE code X12. The organization reported total revenue of $25K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Life Christian Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Life Christian Foundation Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -100.0% | +0.0% |
| 2021 | -100.0% | -100.0% | +0.0% |
| 2020 | -14.7% | -14.7% | +0.0% |
| 2019 | +19.4% | +4.2% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Life Christian Foundation Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, New Life Christian Foundation Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is positive for an organization of this size and activity level.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New Life Christian Foundation Inc's IRS 990 filings:
- Consistently low to zero reported expenses despite significant assets, raising questions about active operations.
- Lack of clear programmatic spending, making it difficult to assess mission impact.
- Minimal revenue generation in recent years, suggesting limited public support or operational funding.
Strengths
The following positive indicators were identified for New Life Christian Foundation Inc:
- Consistent IRS 990 filing history, indicating compliance with reporting requirements.
- Zero reported officer compensation, suggesting efficient use of any operational funds for leadership.
- Substantial asset base ($1,616,001) provides financial stability, if utilized effectively.
Frequently Asked Questions about New Life Christian Foundation Inc
Is New Life Christian Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Life Christian Foundation Inc (EIN: 203030163) significant concerns. Mission Score: 30/100. 3 red flags identified, 3 strengths noted.
How does New Life Christian Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for New Life Christian Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to New Life Christian Foundation Inc tax-deductible?
New Life Christian Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203030163). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does New Life Christian Foundation Inc compare to similar nonprofits?
With a transparency score of 30/100 (Poor), New Life Christian Foundation Inc is below average for NTEE category X12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Life Christian Foundation Inc located?
New Life Christian Foundation Inc is headquartered in Somerset, Kentucky and files with the IRS under EIN 203030163. It is classified under NTEE code X12.
How many years of IRS 990 filings does New Life Christian Foundation Inc have?
New Life Christian Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $25K in total revenue.
Is New Life Christian Foundation Inc. actively operating?
Based on the IRS 990 filings, the organization reports minimal to no revenue and expenses in most recent periods (e.g., $0 revenue and expenses in 202312, 202112), suggesting it may not be actively operating or conducting significant programmatic activities.
How are the $1.6 million in assets being used?
The IRS 990 filings do not provide specific details on how the $1,616,001 in assets are being utilized, especially given the consistently low reported expenses. It's unclear if they are held as an endowment, for future projects, or for other purposes.
What are the primary programs of New Life Christian Foundation Inc.?
Due to the minimal reported expenses and lack of detailed program service accomplishments in the provided financial data, it is not possible to identify the primary programs or activities of the organization from these filings.
Filing History
IRS 990 filing history for New Life Christian Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Life Christian Foundation Inc's revenue has declined by 100%, moving from $392K to $0. Total assets decreased by 0% over the same period, from $1.6M to $1.6M. Total functional expenses fell by 100%, from $62K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $0 | $1.6M | $0 | — | — |
| 2022 | $32K | $32K | $1.6M | $0 | — | View 990 |
| 2021 | $0 | $0 | $1.6M | $0 | — | — |
| 2020 | $35K | $35K | $1.6M | $0 | — | — |
| 2019 | $41K | $41K | $1.6M | $0 | — | View 990 |
| 2018 | $34K | $39K | $1.6M | $0 | — | View 990 |
| 2017 | $52K | $47K | $1.6M | $0 | — | View 990 |
| 2016 | $37K | $37K | $1.6M | $0 | — | View 990 |
| 2015 | $37K | $37K | $1.6M | $0 | — | View 990 |
| 2014 | $39K | $39K | $1.6M | $0 | — | View 990 |
| 2013 | $60K | $60K | $1.6M | $0 | — | View 990 |
| 2012 | $41K | $42K | $1.6M | $0 | — | View 990 |
| 2011 | $392K | $62K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $0, and assets of $1.6M (revenue -100.0% year-over-year).
- 2022: Revenue of $32K, expenses of $32K, and assets of $1.6M.
- 2021: Revenue of $0, expenses of $0, and assets of $1.6M (revenue -100.0% year-over-year).
- 2020: Revenue of $35K, expenses of $35K, and assets of $1.6M (revenue -14.7% year-over-year).
- 2019: Revenue of $41K, expenses of $41K, and assets of $1.6M (revenue +19.4% year-over-year).
- 2018: Revenue of $34K, expenses of $39K, and assets of $1.6M (revenue -34.1% year-over-year).
- 2017: Revenue of $52K, expenses of $47K, and assets of $1.6M (revenue +40.0% year-over-year).
- 2016: Revenue of $37K, expenses of $37K, and assets of $1.6M (revenue +0.9% year-over-year).
- 2015: Revenue of $37K, expenses of $37K, and assets of $1.6M (revenue -6.5% year-over-year).
- 2014: Revenue of $39K, expenses of $39K, and assets of $1.6M (revenue -34.6% year-over-year).
- 2013: Revenue of $60K, expenses of $60K, and assets of $1.6M (revenue +45.1% year-over-year).
- 2012: Revenue of $41K, expenses of $42K, and assets of $1.6M (revenue -89.4% year-over-year).
- 2011: Revenue of $392K, expenses of $62K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Life Christian Foundation Inc:
Data Sources and Methodology
This transparency report for New Life Christian Foundation Inc 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.