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Nonprofit · EIN 95-4253162

NEW OPPORTUNITIES FOR LIVING

Tax-exempt · SHERMAN OAKS, CA 91401

Financials

$92K$95K2022$90K$87K2023$124K$110K2024
Revenue Expenses · by fiscal year end
Financials of NEW OPPORTUNITIES FOR LIVING by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$123,663$110,082$13,581$393,811$778,495-$384,684
June 30, 2024990$89,873$86,662$3,211$369,911$768,176-$398,265
June 30, 2023990$92,094$94,527-$2,433$361,428$762,904-$401,476
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$123,640
of which government grants
$90,548
Program service revenue
$0
Investment income
$23
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$15,000
Occupancy
$81,638
Depreciation
$1,771
Program services (functional)
$83,983
Management and general (functional)
$26,099

Balance sheet and other

Total assets, start of year
$369,911
Total assets, end of year
$393,811
Total liabilities, end of year
$778,495
Net assets, end of year
-$384,684
Land, buildings and equipment
$346,584
Net assets without donor restrictions
-$384,684
Gross receipts
$123,663
Employees
0
Volunteers
4
Year formed
1990
State of legal domicile
CA

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SUSAN BERMAN PHDPRESIDENT & CEO
Officer
1$0$383,678$62,817
OSCAR VALADEZCFO
Officer
1$0$296,782$26,326
GARY H CARMONACHAIRMAN
Trustee or director, Officer
1$0$0$0
MEYER BERKVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
GERALD ROSENBLATTSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
JACK HERSCHORNDIRECTOR
Trustee or director
1$0$0$0
TOM KOMPDIRECTOR FROM 3/13/25
Trustee or director
1$0$0$0
DEBBY WEBBDIRECTOR FROM 3/13/25
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Barbara Firestone PhDPresident & CEO
Trustee or director, Officer
1$0$2,152,837$31,801
Susan Berman PhDPres&CEOFr10/23
Trustee or director, Officer
1$0$845,940$52,392
Michael LoveSr. VP of Finance (Thru 1/23)1$0$303,468$1,269
Oscar ValadezCFO
Trustee or director, Officer
1$0$256,236$23,291
Gary H CarmonaDir./ Chairman
Trustee or director, Officer
1$0$0$0
Meyer BerkVice President
Trustee or director, Officer
1$0$0$0
Gerald RosenblattSecretary/Treas
Trustee or director, Officer
1$0$0$0
Jack HerschornDirector
Trustee or director
1$0$0$0
David Firestone DDSDir.(Thru10/23)
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Susan Berman PhDDirector
Trustee or director
1$0$636,031$60,396
Barbara Firestone PhDPresident & CEO
Trustee or director, Officer
1$0$641,837$44,015
Michael LoveSr. VP Finance1$0$305,821$14,060
Gary H CarmonaExecutive Dir.
Trustee or director, Officer
1$0$0$0
Meyer BerkVice President
Trustee or director, Officer
1$0$0$0
Gerald RosenblattSecretary/Treas
Trustee or director, Officer
1$0$0$0
Jack HerschornDirector
Trustee or director
1$0$0$0
David Firestone DDSDirector
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
13130 BURBANK BLVD, SHERMAN OAKS, CA 91401-6037
In care of
% BARBARA FIRESTONE
Principal officer (990 for 2024)
OSCAR VALADEZ
Signed the 990
OSCAR VALADEZ, CFO
Phone
(818) 781-0360
Return prepared by
SINGERLEWAK LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 95-4253162 or by the name NEW OPPORTUNITIES FOR LIVING.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

SEE FORM 990, PART III, LINE 4A

990 for the year ended June 30, 2025

Program accomplishments

  • NEW OPPORTUNITIES FOR LIVING (NOFL) WAS ESTABLISHED TO PROVIDE COMMUNITY BASED HOUSING FACILITIES TO YOUNG ADULTS AND ADULTS WITH DEVELOPMENTAL DISABILITIES. NOFL OWNS TWO SINGLE-FAMILY RESIDENCES IN SAN FERNANDO TO ACCOMMODATE SIX CLIENTS IN EACH FACILITY.THE ORGANIZATION WAS DEVELOPED AS A RESULT OF HAVING BEEN AWARDED A HUD 202 GRANT. GRANT FUNDS WERE RECEIVED DURING FISCAL YEARS 1995 AND 1996 AND WERE UTILIZED TO REHABILITATE THE PROPERTIES AS REQUIRED BY HUD AND LICENSING AGENCIES. DURING FISCAL YEAR 2024/2025, A TOTAL OF 9 CLIENTS RESIDED IN THESE GROUP HOMES.
    Expenses $83,983

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
95-4253162
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
1994
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$393,811
Income (IRS master file)
$123,663

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$123,663$110,082$393,811IRS
990June 2024$89,873$86,662$369,911XML
990June 2023$92,094$94,527$361,428XML
990June 2022$102,563$122,060$360,100IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 95-4253162).

Questions about NEW OPPORTUNITIES FOR LIVING

What is the EIN of NEW OPPORTUNITIES FOR LIVING?
The employer identification number (EIN) of NEW OPPORTUNITIES FOR LIVING is 95-4253162.
Is NEW OPPORTUNITIES FOR LIVING tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to NEW OPPORTUNITIES FOR LIVING tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW OPPORTUNITIES FOR LIVING 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 OPPORTUNITIES FOR LIVING due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW OPPORTUNITIES FOR LIVING last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NEW OPPORTUNITIES FOR LIVING?
The 990 for the year ended June 30, 2025 names OSCAR VALADEZ.
Who are the officers and directors of NEW OPPORTUNITIES FOR LIVING?
The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does NEW OPPORTUNITIES FOR LIVING have?
On its 990 for the year ended June 30, 2025 it reported revenue of $123,663, expenses of $110,082 and total assets of $393,811 at year end.

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