New Life-knew Solutions is a 501(c)(3) organization based in Chicago, Illinois, registered in 2014, with $2,106,280 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$2.1M
▲ 4.4% vs prior year
Human Services median: $293K
Expenses (FY2025)
$1.9M
Net assets
$1.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for New Life-knew Solutions— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New Life-knew Solutions: 7 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for New Life-knew Solutions— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New Life-knew Solutions: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $451K (FY2020) to $2.1M (FY2025) across 6 reported years.
Financial snapshot
Operating margin
9.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$912K
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $2,106,280▲4.4% | $1,911,841▲29.3% | $1,064,972▲22.3% | $1,977,012▲127% | 990 |
| 2024 | $2,016,971▲54.5% | $1,478,366▲44.9% | $870,533▲162% | $870,533▲162% | 990 |
| 2023 | $1,305,847▲49.3% | $1,019,974▲30.4% | $331,928▲621% | $331,928▲621% | 990 |
| 2022 | $874,859▲148% | $782,149▲95.7% | $46,055▲199% | $46,055▲199% | 990 |
| 2021 | $352,935▼21.7% | $399,590▼9.9% | -$46,655▼513% | -$46,655▼513% | 990 |
| 2020 | $450,733 | $443,494 | $11,285 | $11,285 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to New Life-knew Solutions totaling $85K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Silicon Valley Community Foundation | Education | 2023 | $25,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $20,000 |
| The Chicago Community Trust | In support of general operations. | 2021 | $20,000 |
| The Chicago Community Trust | In support of general operations. | 2021 | $20,000 |
Explore more
Data for New Life-knew Solutions (EIN 26-3994320) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.