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Filing year 2023

NEW LIFE FOR YOUTH INC

Richmond, Virginia·EIN 23-7225441·3
Total revenue
$732k
Total assets
$2.4M
Total expenses
$895k
Reported officers
8
Mission

NEW LIFE FOR ADULTS AND YOUTH HAS OFFERED BOTH HOPE AND HELP TO TROUBLED AND ADDICTED YOUNG PEOPLE AND THEIR DESPAIRING FAMILIES FOR MORE THAN 53 YEARS. WE HAVE A LONG HISTORY OF SUCCESS IN BOTH OUTREACH AND RESIDENTIAL PROGRAMS. OUR FAITH-BASED MINISTRY HAS RECOVERY HOMES FOR MEN, WOMEN, AND MOMS WITH CHILDREN. MIRACLES HAPPEN IN THESE HOMES EVERY DAY AS YOUNG PEOPLE ARE FREED FROM BONDAGE TO DRUGS AND ALCOHOL. BY SUPPORTING OUR WORK, YOU HELP BRING A SECOND CHANCE, THE MIRACLE OF A NEW LIFE, TO YOUNG PEOPLE. YOU CAN HELP GIVE THEM AN OPPORTUNITY TO BECOME PRODUCTIVE CITIZENS AND WELCOMED MEMBERS OF THEIR FAMILIES.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
10th to 25th percentile
$26k
$28k
Director
Board Member
25th percentile to median
$13k
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Down 6%
from 2022

From $28k in 2022 to $26k in 2023.

$28k
2022
$26k
2023
In today's dollarsEst.
Down 10% in real terms$32k to $28k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue fell 15%.

$26k in 2022 to $26k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NEW LIFE FOR YOUTH INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$859k
$839k
2022
$732k
$895k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEW LIFE FOR YOUTH INC

What does the Chief Executive Officer of NEW LIFE FOR YOUTH INC earn?

In 2023, the Chief Executive Officer of NEW LIFE FOR YOUTH INC received $26,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEW LIFE FOR YOUTH INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at NEW LIFE FOR YOUTH INC falls between the 10th and 25th percentiles.

What are NEW LIFE FOR YOUTH INC's revenue and expenses?

In 2023, NEW LIFE FOR YOUTH INC reported $732k in total revenue and $895k in total expenses on its IRS Form 990.

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