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Filing year 2024

New Life Foundation

Burns, Tennessee·EIN 62-1151489·3
Total revenue
$80k
Total assets
$1.4M
Total expenses
$170k
Reported officers
6
Mission

The purpose of New Life Foundation is to provide alcoholism treatment facilities that are dedicated to two goals providing additional beds for treatment of alcoholics and providing treatments at reasonable costs.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

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 5 unpaid individuals.

Climbed 92%
over 2 years

From $16k in 2022 to $30k in 2024.

$16k
2022
$28k
2023
$30k
2024
In today's dollarsEst.
Up 79% in real terms$18k to $32k

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.

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 Foundation reported revenue and expenses across 3 filing years.

RevenueExpenses
$110k
$110k
2022
$91k
$147k
2023
$80k
$170k
2024
Total revenue and total expenses from IRS Form 990 filings.
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