OUR NEW BEGINNINGS INC

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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

1998

Legal Domicile

Principal Officer

PATRICIA ROBBINS

Phone

9783698406

Tax Period

2018-01-01 to 2018-12-31

OUR NEW BEGINNINGS INC, founded in 1998, is a micro nonprofit in the Housing & Shelter sector that reported $10K in total revenue in fiscal year 2018. Expenses of $28K exceeded revenue, resulting in a 186% operating deficit.

Mission

TO ESTABLISH A NOT FOR PROFIT ORGANIZATION THAT WILL DEVELOPE AND MAINTAIN HOUSING FOR INDIVIDUALS WITH DISABILITIES. TO ENTER INTO AGREEMENTS, TO LEASE LAND, DEVELOPE FACIILITIES AND ENTER INTO CONTRACTS WITH VENDORS TO PROVIDE SERVICES ON BEHALF OF INDIVIDUALS WITH DISABILITIES.

Program Service Accomplishments

Program 1

Revenue: $9,798

COMPLETED CONSTRUCTION THROUGH OCCUPANCY AND MAINTAINS HOME FOR FOUR HANDICAPPED MEN.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,798

Investment Income $31

Other Revenue $0

TOTAL REVENUE $9,829

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $28,101

TOTAL EXPENSES $28,101

Year-over-Year Comparison

	2018	2017	Change
Revenue	$9,829	$9,694	+0.0%
Expenses	$28,101	$37,092	-0.2%
Net Income	$-18,272	$-27,398	-0.3%

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

N/A

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
HANDOULA USMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
DIANE W VELOSO	BOARD MEMBER	2.00	Director	$0	$0	$0
PATRICIA ROBBINS	PRESIDENT	10.00	Officer	$0	$0	$0
KELLY ANN ROBBINS	TREASURER	2.00	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
2018	$9,829	$28,101	$167,078	$-18,272