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Education · NJ

New Life Development Corporation

New Life Development Corporation's latest filing in the PeerBasis snapshot reports a Part VII D + F figure of $47,000 for Carolyn Farrar, Administrator (FY 2024). Column F can include amounts from the filing and related organizations.

After indexing supported filing years to 2025 comparison dollars, the subject figure is $48,237. It is higher than the D + F figure for 99 of 503 peer organizations selected under the disclosed tier Same NTEE sector (B90), nationwide + size band 0.67–1.5× revenue (approximately 20%; median $88,647). This is descriptive, not a reasonableness conclusion.

$648,210Total revenue (FY 2024)
$47,000Reported Part VII D + F figure
99 / 503Selected peers with a strictly lower 2025-dollar figure (approximately 20%)

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Review the selected comparables for New Life Development Corporation, then prepare a source-linked report and bracketed documentation worksheet for the board to verify and complete.

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Selected peer organizations

Actual selection tier: Same NTEE sector (B90), nationwide + size band 0.67–1.5× revenue. Displayed D + F figures from supported filing years are indexed to 2025 comparison dollars with BLS CPI-U; a nationwide tier also uses 2024 BEA RPP as a consumer price-level proxy when both the subject and peer have supported state codes. Unsupported state codes receive no interstate adjustment. Comparison values can differ from the raw filing. Column F may include related-organization amounts.

OrganizationStateRevenueD + F (2025 dollars)
Ely Chapman Education Foundation OH$647,578 $105,361
Leap Learning Systems IL$648,902 $108,629
Beacon House Inc MD$649,176 $68,199
Ruth's Reusable Resources ME$649,610 $71,695
Maven CA$649,734 $113,026
Spring Educational Services Inc GA$649,992 $104,551
Northeast Florida Regional Stem2 Hub Inc FL$650,341 $146,868
Makor Hebrew Foundation Inc TX$652,679 $59,339

View the organization record and available filings on ProPublica