Public Charity

New Life Enterprises Corp

New Life Enterprises Corp is a Public Charity headquartered in Richmond, VA. Financial data from the 2025 filing: $509K revenue, $530K expenses, $93K total assets. 2 publicly reported grants to this organization, totaling roughly $129K, appear in IRS filings.

EIN: 421529285 Richmond, VA Job Training NTEE: J22 Latest filing: 2025
Total Revenue$509K
Total Expenses$530K
Total Assets$93K
Grant Records2
Funding Total$129K
Filing Years2020–2025

Mission

TO OPERATE FOR CHARITABLE AND EDUCATIONAL PURPOSES BY CONDUCTIONG OR SUPPORTING ACTIVITIES FOR THE BENEFIT OF OR TO CARRY OUT THE PURPOSES OF NEW LIFE FOR YOUTH, INC.

Where $100 goes at New Life Enterprises Corp

How New Life Enterprises Corp divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$93 Programs the work itself
$7 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 $93 for programs

$93
Provides training of new life for youth, inc
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

Vice President Carlos Rivera
Treasurer Charles Cochran
President Rosalinda Rivera

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$128,662 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $509K $530K $93K
2024 $526K $508K $70K
2023 $549K $535K $60K
2022 $540K $539K $54K
2020 $471K $496K $207K

Between 2020 and 2025, reported annual revenue grew from $471K to $509K (+8%), with total assets most recently reported at $93K.

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

See the full picture for New Life Enterprises Corp

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