Public Charity

NEW LIFE ACADEMY OF EXCELLENCE

NEW LIFE ACADEMY OF EXCELLENCE, of DULUTH, GA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $6.9M in revenue, $6.4M in expenses, $9.7M in total assets.

EIN: 161768260 DULUTH, GA Charter Schools NTEE: B29 Latest filing: 2025
Total Revenue$6.9M
Total Expenses$6.4M
Total Assets$9.7M
Grant Records0
Filing Years2021–2025

Mission

OUR MISSION IS TO ASSIST THE PARENTS OF GWINNETT COUNTY BY PROVIDING A SCHOOL OF CHOICE WITH AN EDUCATIONAL ENVIRONMENT FOR ACADEMIC ACHIEVEMENT AND INDIVIDUAL GROWTH AND DEVELOPMENT IN WHICH WE PREPARE STUDENTS TO BE SUCCESSFUL IN A GLOBAL ECONOMY.

Where $100 goes at New Life Academy of Excellence

How New Life Academy of Excellence divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$84 Programs the work itself
$16 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $84 for programs

$84
During the 2024-2025 school year, nlae maintained financial stability
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CEO/DIRECTOR Alphonsa Foward Jr
BOARD MEMBER Carter Wilson
BOARD MEMBER Christine Chen
BOARD MEMBER Dr Matisa Wilbon
BOARD CHAIRM Theresa Thomas
BOARD MEMBER Willie Tolbert

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $6.9M $6.4M $9.7M
2024 $5.8M $6.1M $9.5M
2023 $5.4M $5.0M $5.2M
2021 $4.7M $4.1M $4.5M

Between 2021 and 2025, reported annual revenue grew from $4.7M to $6.9M (+48%), with total assets most recently reported at $9.7M.

Interactive year-over-year charts and full filing details available with membership.

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