New Life Properties INC FY2021 filing

Tax-deductible

Cincinnati, OH501(c)(3)Since 1978 EIN 31-0925613Revenue $3.1M in FY2021Latest return filed Nov 20, 2025

On file with the IRS401 E McMillan St, 45206-1922 · Cincinnati, OHTax-exempt since Jun 1979Supporting organization — 509(a)(3)

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To empower young people and families to succeed through a continuum of care that promotes healing and growth.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $2.3M a year · 55% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $3.8M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$874K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 12 voting members
Looks good: 11 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.1M
Spent
$940K
To programs
80%
Net assets
$13.1M
By yearFY2021–FY2025
Revenue
$3.1M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$3.1M
FY2022$2.6M
FY2023$1.0M
FY2024$1.1M
FY2025$13.4M
Expenses
$940K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$940K
FY2022$978K
FY2023$3.1M
FY2024$1.3M
FY2025$3.2M
Net assets
$13.1M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$13.1M
FY2022$14.8M
FY2023$12.7M
FY2024$12.5M
FY2025$22.7M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1979.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $755K Management & general 20% · $185K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Secretary
$0Pt VII · Sec A
Vice President / Cao
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President / COO
$0Pt VII · Sec A
Vice President / CFO
$0Pt VII · Sec A
President / CEO
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
See New Life Properties INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers youth and families to heal and grow through comprehensive support services.

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Provided by the organization

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1 program · $755K · in their own filed words · FY2020
01

The organization holds the title to real and personal property which is leased to lighthouse youth services, inc., an exempt organization. The organization is also the direct controlling entity for various qualified active low-income community business properties.

$755Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$3.8M
Grants paid · 1 grant · $1.3M · 2024–2024
Lighthouse Youth Services INCOH · FY2024$1,286,946

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$3.1M
Ln 12
Gifts and grantsLn 1h$2.2M
Fees for servicesLn 2g$904K
Investment incomeLn 3$22K
Money outPt IX
$940K
Ln 25
Programscol B$755K
Managementcol C$185K
Owns and owesPt X
$13.1M
net assets · Ln 32
Cash and savingsLn 1–2$16K
Total assetsLn 16$14.0M
LiabilitiesLn 26$874K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Government grantsLn 1e$8K
Fees for servicesLn 2g$904K
Investment incomeLn 3$22K
Other incomeLn 4–11$13K
Total revenueLn 12$3.1M
Assets in detailPt X, end of year
CashLn 1$16K
Cash and savings togetherLn 1–2$16K
Land, buildings, equipmentLn 10c$10.6M
Other assetsLn 15$1.1M
Total assetsLn 16$14.0M
LiabilitiesLn 26$874K
Net assetsLn 32$13.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 612
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$905K$16K
Land, buildings, equipmentLn 10c$9.0M$10.6M
Total assetsLn 16$11.5M$14.0M
LiabilitiesLn 26$562K$874K
Net assetsLn 32$11.0M$13.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$185K$185K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$14K$14K
Other fees for servicesLn 11g$89$89
OccupancyLn 16$80K$80K
InterestLn 20$15K$15K
Depreciation, depletion and amortizationLn 22$644K$644K
Other expenses (24a–d)Ln 24$1K$1K
Total functional expensesLn 25$940K$755K$185K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Nov 20, 2025 $13.4M$3.2M$10.3M$22.7M 990 PDF
FY2024Filed with the IRS Dec 23, 2024 $1.1M$1.3M−$216K$12.5M 990 PDF
FY2023Filed with the IRS Oct 25, 2023 $1.0M$3.1M−$2.1M$12.7M 990 PDF
FY2022Filed with the IRS Nov 15, 2022 $2.6M$978K$1.7M$14.8M 990 PDF
FY2021 ViewingFiled with the IRS Oct 28, 2021 $3.1M$940K$2.2M$13.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $3,094,566 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $835,371$2,155,861
I-9 Program service revenuePrior year $972,559$903,632
I-10 Investment incomePrior year $125,094$22,136
I-11 Other revenuePrior year $0$12,937
I-12 Total revenuePrior year $1,933,024$3,094,566
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $970,806$940,121
I-18 Total expensesPrior year $970,806$940,121
I-19 Revenue less expensesPrior year $962,218$2,154,445
Part VI · Governance 11 of 12 board members independent, 1 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members11
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $3,094,566 across 7 lines filed
VIII-1d Related organizations$2,148,265
VIII-1e Government grants$7,596
VIII-1h Total contributions, gifts and grants$2,155,861
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $903,632$903,632
VIII-3 Investment incomeExcluded from tax $22,136$22,136
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $12,937$12,937
VIII-12 Total revenueRelated to mission $903,632 · Unrelated business $0 · Excluded from tax $35,073$3,094,566
Part IX · Statement of functional expenses $940,121 across 8 lines filed
IX-11a Management feesManagement $185,000$185,000
IX-11b Legal feesPrograms $1,350$1,350
IX-11c Accounting feesPrograms $13,610$13,610
IX-11g Other fees for servicesPrograms $89$89
IX-16 OccupancyPrograms $79,687$79,687
IX-20 InterestPrograms $14,931$14,931
IX-22 Depreciation, depletion and amortizationPrograms $644,324$644,324
IX-24 Other expenses (24a–d)Programs $1,130$1,130
IX-25 Total functional expensesPrograms $755,121 · Management $185,000 · Fundraising $0$940,121
Part X · Balance sheet $13,998,641 assets, 11 lines filed
Asset lines not itemized here account for $432,323; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $905,349$16,414
X-4 Accounts receivableStart of year $172,810$1,843,311
X-10c Land, buildings and equipment, netStart of year $8,972,398$10,648,821
X-15 Other assetsStart of year $1,057,920$1,057,772
X-16 Total assetsStart of year $11,531,453$13,998,641
X-17 Accounts payable and accrued expensesStart of year $55,824$366,388
X-25 Other liabilitiesStart of year $425,805$430,579
X-26 Total liabilitiesStart of year $561,659$874,402
X-27 Net assets without donor restrictionsStart of year $10,969,794$13,124,239
X-32 Total net assets or fund balancesStart of year $10,969,794$13,124,239
X-33 Total liabilities and net assetsStart of year $11,531,453$13,998,641
Part XI · Reconciliation of net assets $13,124,239 net assets at year end
XI-1 Total revenue$3,094,566
XI-2 Total expenses$940,121
XI-3 Revenue less expenses$2,154,445
XI-4 Net assets at start of year$10,969,794
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$13,124,239

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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