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Nonprofiteer
← NEW LEASE ON LIFE INC

Form 990 for tax year 2023

Filed by NEW LEASE ON LIFE INC.

Totals

Total revenue
$1,344,537
Total expenses
$22,775
Contributions and grants received
$1,344,537
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,321,762
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,321,762
Program services expenses (Part IX)
$22,775
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$22,775

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,344,537

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $21,499 · program services $21,499

  • 13 · Office expenses

    total $8 · program services $8

  • 22 · Depreciation, depletion and amortization

    total $1,268 · program services $1,268

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $487,079

  • 10a · Land, buildings and equipment: cost or other basis

    $835,951

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,268

  • 10c · Land, buildings and equipment, net

    end of year $834,683

  • 27 · Net assets without donor restrictions

    end of year $1,321,762

Mission and programs · 2023

Mission

TO PROVIDE HOUSING FOR SURVIVORS WHO LIVED IN RENTAL PROPERTY DESTROYED BY THE DECEMBER 2021 TORNADO

  • PROGRAM SUPPORT

  • PROGRAM SUPPORT

    Expenses $22,775

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • RYAN DRANE

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    8 + 8 related
  • KARASTIN HANCOCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    8 + 8 related
  • DANIELLE SLACK

    TREASURER/DI

    Total calculated
    $0
    Hours/week
    8 + 8 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
2 February 2025
IRS schema version
2023v6.0
Source object
202540349349301809

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