LEWISTON, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW BEGINNINGS, founded in 1977, is a community nonprofit in the Human Services sector that reported $4.1M in total revenue in fiscal year 2023. Expenses of $3.8M left a modest 7% surplus.
SHELTER, HOUSING, AND SUPPORTIVE SERVICES FOR RUNAWAY AND HOMELESS YOUTH. MISSION IS TO PARTNER WITH YOUTH TO CREATE LASTING CHANGE SO ALL YOUTH HAVE A SAFE PLACE TO LIVE AND OPPORTUNITIES TO GROW. OUR VISION IS A WORLD WHERE ALL YOUTH ARE SAFE AND VALUED IN THEIR COMMUNITIES. WHETHER A YOUNG PERSON IS FACING A NIGHT ON THE STREETS FOR THE VERY FIRST TIME OR HAS BEEN ON THEIR OWN FOR YEARS, NEW BEGINNINGS CAN HELP. EACH YEAR WE PROVIDE HUNDREDS OF CHILDREN, TEENS, AND YOUNG ADULTS WITH OPPORTUNITIES FOR THE SAFETY, CONNECTIONS, AND GROWTH THAT THEY NEED TO THRIVE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $4,107,162 | $4,094,330 | +0.0% |
| Expenses | $3,837,759 | $3,341,070 | +0.1% |
| Net Income | $269,403 | $753,260 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Steven McDermott | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nancy Grenier | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Molly Watson Shukie | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Melissa Farinas | Treasurer | 1.00 |
Director
|
$0 | $0 | $0 |
| Chelsea Amaio | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Beverly Hubbard | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| T Melissa Hue | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Peggy McRae | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Christopher Bicknell | Executive Director | 40.00 |
Officer
|
$91,605 | $35,772 | $127,377 |
| Karen Caldwell Murphy | Director of Finance | 40.00 |
Officer
|
$11,933 | $5,598 | $17,531 |
| Stephanie Saltzman | Director of Finance | 40.00 |
Officer
|
$60,611 | $5,576 | $66,187 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $4,107,162 | $3,837,759 | $6,264,114 | $269,403 |
| 2022 | $4,094,330 | $3,341,070 | $6,222,797 | $753,260 |
| 2021 | $2,943,859 | $2,991,302 | $4,965,912 | $-47,443 |
| 2020 | $3,307,258 | $3,039,761 | $5,049,320 | $267,497 |
| 2019 | $2,704,384 | $3,053,113 | $4,790,832 | $-348,729 |
| 2018 | $3,346,618 | $2,857,300 | $5,217,105 | $489,318 |
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