Nonprofit · EIN 56-1177254
NEW LIFE MINISTRIES INC
Tax-exempt · WAKE FOREST, NC 27588
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $515,885 | $419,108 | $96,777 | $648,772 | $3,509 | $645,263 |
| December 31, 2023 | 990 | $367,975 | $403,017 | -$35,042 | $498,668 | $1,000 | $497,668 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $503,200
- Program service revenue
- $0
- Investment income
- $12,685
- Net gain from sales of assets
- $36
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $152,101
- Salaries, compensation and benefits (total)
- $206,961
- Professional fundraising fees
- $0
- Accounting fees
- $3,390
- Travel
- $46,947
- Program services (functional)
- $158,342
- Management and general (functional)
- $258,484
- Fundraising (functional)
- $2,282
Balance sheet and other
- Total assets, start of year
- $498,668
- Total assets, end of year
- $648,772
- Total liabilities, end of year
- $3,509
- Net assets, end of year
- $645,263
- Net assets without donor restrictions
- $645,263
- Gross receipts
- $515,885
- Employees
- 1
- Year formed
- 1977
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREGORY P GULLEY | EXECUTIVE DI Officer | 40 | $152,101 | $43,224 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREGORY P GULLEY | EXECUTIVE DI Officer | 40 | $147,316 | $34,241 |
Address and contacts
- Address (IRS master file)
- 3314 CHRYSANTHEMUM WAY, WAKE FOREST, NC 27588-0000
- Principal officer (990 for 2024)
- GREGORY P GULLEY, 3314 CHRYSANTHEMUM WAY, RALEIGH, NC 27614
- Signed the 990
- GREGORY P GULLEY, EXECUTIVE DIRECTOR
- Website
- NEWLIFE.COM
- Return prepared by
- GUY EDWARDS & FRELIER PA
Mission
TO PROMOTE AND EXECUTE FACETS OF CHRISTIAN MINISTRY FOR THE SPIRITUAL AND MATERIAL BENEFIT OF ORPHANS AND STATE-RUN ORPHANAGES IN THE COUNTRIES OF THE FORMER SOVIET UNION.
Program accomplishments
- NEW LIFE MINISTRIES, INC., TRAINS AND UNDERWRITES VOLUNTEERS AND STAFF IN UKRAINE AND LATVIA, THAT TRAVEL TO AND MINISTER IN ORPHANAGES, 20 CURRENTLY IN UKRAINE, ONCE A MONTH. IN ADDITION, PROVIDING MATERIAL HELP TO 20 ORPHANAGES IN UKRAINE ACROSS 5 REGIONS - SNOVSK VILLAGE ORPHANAGE, CHERNIGOV CITY ORPHANAGE, BASAN VILLAGE ORPHANAGE, GORODNYA VILLAGE ORPHANAGE, KOMARIVKA VILLAGE ORPHANAGE, BEREZNA ORPHANAGE, KMITIVSKA ORPHANAGE, BEREZHANY ORPHANAGE FOR CHILDREN WITH CEREBRAL PALSY, NOVE SELO ORPHANAGE, FASTIVTEC ORPHANAGE, VORSEL ORPHANAGE, BOLGROD ORPHANAGE FOR CHILDREN WHO ARE HEARING IMPAIRED, ARTSTYZ - 2 FAMILY-STYLE ORPHANAGE, BILHODROD ORPHANAGE, VYSHEVICHI ORPHANAGE, FASTIV ORPHANAGES (2), SOSNYTSIA VILLAGE ORPHANAGE, BORZNA VILLAGE ORPHANAGE, AND THE CHILDREN'S DEPARTMENT OF THE IZMAIL CITY ORPHANAGE. MATERIAL HELP INCLUDES MEDICINES, DISINFECTANT SUPPLIES, FOOD, CLOTHES, BEDS, WARDROBES, KITCHEN APPLIANCES, BACK-UP GENERATORS FOR WHEN POWER GOES OFF, AND FUEL TO RUN THEM, PLAYGROUND EQUIPMENT, AND OTHER PHYSICAL HELP ORPHANAGE DIRECTORS REQUEST. FOR EXAMPLE, HOT WATER HEARTS, RENOVATION OF ORPHANAGE BUILDINGS, SCHOOL SUPPLIES, CHAIRS AND DESKS, AND RENOVATIONS OF BOMB SHELTERS, SHOWERS AND BATHROOMS. IN ADDITION, BEFORE THE WAR, WEEK-LONG DENTAL CLINICS HAVE BEEN PROVIDED FOR ORPHANS AND ORPHANAGES THERE, INCLUDING DENTAL WORK BY DENTISTS VOLUNTEERING FROM THE US, FLUORIDE TREATMENTS, TOOTHBRUSHES AND TOOTHPASTE ALONG WITH DENTAL HYGIENE INSTRUCTION.Expenses $138,782
- NEW LIFE MINISTRIES SPONSORS SUMMER CAMPS FOR ORPHANS IN THE WESTERN UKRAINIAN TOWN OF TRUSKOVYETS WHICH ALSO INCLUDES LIFESKILLS LESSONS DESIGNED TO HELP OLDER ORPHANS PREPARE FOR WHEN THEY "AGE OUT" OF THE ORPHANAGE SYSTEM.
- THE FRESH START PROGRAM PROVIDES TRANSITION HELP FOR ORPHANS WHO HAVE "AGED OUT" OF THE ORPHANAGE SYSTEM, BUT WHO WANT TO CONTINUE THEIR EDUCATION. TRANSITION APARTMENTS, FUNDS FOR FOOD AND UTILITIES, EDUCATIONAL EXPENSES, SCHOOL SUPPLIES, TRANSPORTATION, ETC. ARE PROVIDED FOR THOSE WHO WANT TO CONTINUE THEIR EDUCATION IN EITHER TRAINING SCHOOLS TO LEARN A MARKETABLE SKILL OR EVEN UNIVERSITY STUDIES IF THE ORPHAN HAS RECEIVED THEIR DIPLOMA AND CAN PASS ENTRANCE EXAMS.
- TRAVEL AND VARIOUS PROGRAM EXPENSES USED FOR ALL EXEMPT PURPOSESExpenses $19,560
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1177254
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $648,772
- Income (IRS master file)
- $515,885
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $515,885 | $419,108 | $648,772 | IRS |
| 990 | December 2023 | $367,975 | $403,017 | $498,668 | XML |
| 990 | December 2022 | $663,293 | $343,883 | $528,773 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1177254).
Questions about NEW LIFE MINISTRIES INC
- What is the EIN of NEW LIFE MINISTRIES INC?
- The employer identification number (EIN) of NEW LIFE MINISTRIES INC is 56-1177254.
- Is NEW LIFE MINISTRIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to NEW LIFE MINISTRIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW LIFE MINISTRIES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW LIFE MINISTRIES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW LIFE MINISTRIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEW LIFE MINISTRIES INC?
- The 990 for the year ended December 31, 2024 names GREGORY P GULLEY.
- Who are the officers and directors of NEW LIFE MINISTRIES INC?
- The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $152,101 (GREGORY P GULLEY, EXECUTIVE DI).
- How much revenue does NEW LIFE MINISTRIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $515,885, expenses of $419,108 and total assets of $648,772 at year end.
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