New Beginnings Family and Childrens Services Inc

EIN: 112733136 501(c)(3) Human Services

Mineola, NY

Total Revenue
$560,809
Total Expenses
$566,949
Total Assets
$254,596
Net Assets
$65,698
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NY
Principal Officer
Timothy Sutfin ESQ
Tax Period
2023-01-01 to 2023-12-31

New Beginnings Family and Childrens Services Inc, founded in 1985, is a small nonprofit in the Human Services sector that reported $561K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

To provide international and domestic adoption services

Program Service Accomplishments

Program 1
Expenses: $459,874 Revenue: $560,810

To Place abandoned, orphaned, displaced, abused and neglected children in permanent housing with nuturing families through our adoption program

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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 (2023)

Revenue Breakdown

Contributions & Grants $45,562
Program Service Revenue $515,247
Investment Income $0
Other Revenue $0
TOTAL REVENUE $560,809

Expense Breakdown

Grants Paid $0
Salaries & Benefits $403,643
Fundraising Expenses $0
Program Expenses $459,874
Other Expenses $163,306
TOTAL EXPENSES $566,949

Year-over-Year Comparison

2023 2022 Change
Revenue $560,809 $491,486 +0.1%
Expenses $566,949 $578,565 0.0%
Net Income $-6,140 $-87,079 -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
8
Independent Members
7
Employees
9
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
$81,484
Total Directors
8
$81,484
Key Employees
1
$81,484
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Timothy Sutfin ESQ EXECUTIVE DIRECTOR 50.00
Officer Director Key Emp
$81,484 $0 $81,484
Andrew Park ESQ DIRECTOR 0.00
Director
$0 $0 $0
Michelle Herrmann DIRECTOR 0.00
Director
$0 $0 $0
Junaid Khalil ESQ DIRECTOR 0.00
Director
$0 $0 $0
Kimberly Graffeo DIRECTOR 0.00
Director
$0 $0 $0
Joan Lazarus DIRECTOR 0.00
Director
$0 $0 $0
Chong H Park MSW DIRECTOR 0.00
Officer Director
$0 $0 $0
Maureen Reichardt CHAIRPERSON 0.00
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
2024 No data No data No data No data
2023 $560,809 $566,949 $254,596 $-6,140
2022 $491,486 $578,565 $267,638 $-87,079
2021 $498,659 $658,909 $500,543 $-160,250
2020 $768,961 $653,793 $496,952 $115,168
2019 $681,239 $531,979 $244,663 $149,260
2018 $484,066 $441,774 $115,593 $42,292
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