FRIENDS OF NEW BEGINNINGS FAMILY ACADEMY INC

EIN: 043733922 501(c)(3)

BRIDGEPORT, CT

Total Revenue
$15,020
Total Expenses
$14,517
Total Assets
N/A
Net Assets
N/A
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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
2003
Legal Domicile
CT
Principal Officer
JUDITH MACK
Phone
2033842897
Tax Period
2017-07-01 to 2018-06-30

FRIENDS OF NEW BEGINNINGS FAMILY ACADEMY INC, founded in 2003, is a micro nonprofit that reported $15K in total revenue in fiscal year 2017. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $15K left a modest 3% surplus.

Mission

TO FUNCTION AS A SUPPORTING ORGANIZATION IN FURTHERANCE OF THE ACTIVITIES, PROGRAMS,AND GOALS OF NEW BEGINNINGS FAMILY ACADEMY, INC., A PUBLIC SCHOOL.

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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%)

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Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $58,794
Program Service Revenue $0
Investment Income $242
Other Revenue $-44,016
TOTAL REVENUE $15,020

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $14,517
TOTAL EXPENSES $14,517

Year-over-Year Comparison

2017 2016 Change
Revenue $15,020 $40,278 -0.6%
Expenses $14,517 $34,562 -0.6%
Net Income $503 $5,716 -0.9%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDITH MACK TREASURER 1.00
Officer Director
$0 $0 $0
JONATHAN DAWSON DIRECTOR 2.00
Officer Director
$0 $0 $0
CHRISTOPHER DAWSON DIRECTOR 1.00
Officer Director
$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 $15,020 $14,517 No data $503
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