NEW BEGINNINGS MSC INC (EIN 203801069) - 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

2007

Legal Domicile

Principal Officer

SUSAN BLAIR

Phone

5183263322

Tax Period

2024-01-01 to 2024-12-31

NEW BEGINNINGS MSC INC, founded in 2007, is a small nonprofit in the Crime & Legal sector that reported $321K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $300K left a modest 7% surplus.

Mission

NEW BEGINNINGS MSC PROVIDES COMMUNITY HABILITATION AND IN-HOME RESPITE SERVICES TO PEOPLE WITH DEVELOPMENTAL DISABILITIES. COMMUNITY HABILITATION SERVICES ARE DESIGNED TO INCREASE INDEPENDENCE OF THE DISABLED. IN-HOME RESPITE SERVICES ALLOW FAMILIES TO GET A BREAK FROM CARING FOR A CHILD OR ADULT CHILD WITH DEVELOPMENTAL DISABILITIES.

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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 $320,511

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $320,511

Expense Breakdown

Grants Paid $0

Salaries & Benefits $234,695

Fundraising Expenses $0

Program Expenses $200,397

Other Expenses $64,812

TOTAL EXPENSES $299,507

Year-over-Year Comparison

	2024	2023	Change
Revenue	$320,511	$348,862	-0.1%
Expenses	$299,507	$312,091	0.0%
Net Income	$21,004	$36,771	-0.4%

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

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

$54,100

Total Directors

$54,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN BLAIR	EXECUTIVE DI	40.00	Officer Director	$54,100	$0	$54,100
DONNA ABATE	SECRETARY	1.00	Officer Director	$0	$0	$0
LISA JALET	TREASURER	1.00	Officer Director	$0	$0	$0
FAYE SALMON	PRESIDENT	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
2024	$320,511	$299,507	$99,841	$21,004
2023	$348,862	$312,091	$83,143	$36,771
2022	$281,778	$308,815	$46,596	$-27,037
2021	$165,658	$203,357	$42,068	$-37,699
2020	$112,444	$158,142	$75,551	$-45,698
2019	$272,019	$326,132	$121,380	$-54,113
2018	$713,333	$768,206	$254,233	$-54,873

NEW BEGINNINGS MSC INC