New Beginnings Outreach Inc (EIN 201959562) - 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

2005

Principal Officer

Bernadette Everette

Phone

3473069440

Tax Period

2024-01-01 to 2024-12-31

New Beginnings Outreach Inc, founded in 2005, is a micro nonprofit in the Human Services sector that reported $66K in total revenue in fiscal year 2024. Revenue surged 361% from the prior year, signaling strong growth momentum. Net assets of $531K represent 97 months of operating reserves.

Mission

Our mission is to provide care for children through several means, including childcare, tutoring and after school services, In addition, work with members of the community through our community-based work.

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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 $39,444

Program Service Revenue $26,370

Investment Income $0

Other Revenue $0

TOTAL REVENUE $65,814

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,957

Fundraising Expenses $0

Program Expenses $34,493

Other Expenses $51,208

TOTAL EXPENSES $64,165

Year-over-Year Comparison

	2024	2023	Change
Revenue	$65,814	$14,267	+3.6%
Expenses	$64,165	$14,174	+3.5%
Net Income	$1,649	$93	+16.7%

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

Employees

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

$11,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bernadette Everette	President	35.00	Director	$11,000	$0	$11,000
Lashawna Logan	Director	19.00	Director	$0	$0	$0
Ellene Jackson	Director	5.00	Director	$0	$0	$0
Donna Jackson	Treasurer	10.00	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	$65,814	$64,165	$532,862	$1,649
2023	$14,267	$14,174	$562,756	$93
2022	$25,600	$21,041	$548,105	$4,559
2021	$44,417	$39,552	$543,865	$4,865
2020	$56,735	$61,564	$551,873	$-4,829
2019	$38,037	$34,639	$575,647	$3,398
2018	$34,200	$15,698	$578,847	$18,502

New Beginnings Outreach Inc