NEW BEGINNING WAY OF THE CROSS CHURCH INC (EIN 020656183) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

BENNETT B GAMBLE Sr 1 INDIVID

Phone

2403776034

Tax Period

2024-01-01 to 2024-12-31

NEW BEGINNING WAY OF THE CROSS CHURCH INC, founded in 2020, is a small nonprofit in the Religion sector that reported $197K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $143K, a strong 73% operating margin.

Mission

WORSHIP, EVANGELISM, MINISTRY, DISCIPLESHIP, AND FELLOWSHIP - THIS IS OUR PURPOSE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $196,881

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $196,881

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $53,459

Other Expenses $53,459

TOTAL EXPENSES $53,459

Year-over-Year Comparison

	2024	2023	Change
Revenue	$196,881	$210,625	-0.1%
Expenses	$53,459	$35,983	+0.5%
Net Income	$143,422	$174,642	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN FOWLER	TRUSTEE	20.00	Director	$0	$0	$0
BERNETHA GAMBLE	TRUSTEE	20.00	Director	$0	$0	$0
DELORIS WILLIAMS	TRUSTEE	20.00	Director	$0	$0	$0
SHAKEEM BOONE	TRUSTEE	20.00	Director	$0	$0	$0
BENNETT B GAMBLE Sr	BISHOP	40.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$196,881	$53,459	$597,901	$143,422
2023	$210,625	$35,983	$573,140	$174,642
2022	$214,427	$31,581	$118,074	$182,846
2021	$215,337	$30,294	$100,042	$185,043

NEW BEGINNING WAY OF THE CROSS CHURCH INC