GOOD 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

1986

Legal Domicile

Principal Officer

KRIS PEKALA

Phone

6032989524

Tax Period

2023-07-01 to 2024-06-30

GOOD BEGINNINGS INC, founded in 1986, is a small nonprofit in the Community Improvement sector that reported $240K in total revenue in fiscal year 2023. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $78K, a strong 32% operating margin.

Mission

GOOD BEGINNINGS' MISSION IS TO SERVE LOCAL FAMILIES WITH NEW BABIES BY PROVIDING HANDS-ON AND VIRTUAL SUPPORT, EDUCATION AND COMMUNITY OUTREACH.

Program Service Accomplishments

Program 1

Expenses: $127,275

GOOD BEGINNINGS PROVIDES FREE ASSISTANCE TO INDIVIDUALS AND FAMILIES WITH NEWBORNS FROM BIRTH THROUGH AGE 6 MONTHS. GOOD BEGINNINGS' PROGRAMS ARE AVAILABLE TO EVERY FAMILY WITH A NEW BABY IN OUR...

GOOD BEGINNINGS PROVIDES FREE ASSISTANCE TO INDIVIDUALS AND FAMILIES WITH NEWBORNS FROM BIRTH THROUGH AGE 6 MONTHS. GOOD BEGINNINGS' PROGRAMS ARE AVAILABLE TO EVERY FAMILY WITH A NEW BABY IN OUR UPPER VALLEY REGION (AN APPROXIMATE 40-MILE RADIUS FROM OUR WEST LEBANON, NH OFFICE), INCLUDING ADOPTIVE AND FOSTER FAMILIES, REGARDLESS OF INCOME OR CIRCUMSTANCE OF THE FAMILY. OUR SERVICES INCLUDE AN IN-HOME VOLUNTEER VISITOR PROGRAM AND AN EDUCATION/SUPPORT PROGRAM. MANY FAMILIES ENGAGE IN OUR IN-HOME VOLUNTEER VISITOR PROGRAM, WHICH MATCHES FAMILIES WITH A TRAINED VOLUNTEER (OFTEN LIVING IN THE SAME TOWN) WHO VISITS ONCE A WEEK FOR 2-3 HOURS FOR THREE CONSECUTIVE MONTHS TO PROVIDE MUCH NEEDED RESPITE FOR PARENTS AT A VULNERABLE TIME IN A FAMILY'S LIFE. OUR EDUCATION/SUPPORT PROGRAM PROVIDES PARENT EDUCATIONAL MATERIALS, CHILDREN'S BOOKS, EMERGENCY FINANCIAL ASSISTANCE, EMOTIONAL SUPPORT AND COMMUNITY CONNECTIONS. WE ALSO OFFER THE "MOM", MENTORS OF MOMS, PROGRAM FOR VIRTUAL SUPPORT OF MOTHERS OF BABIES, AS PART OF OUR EDUCATION/SUPPORT OFFERINGS. THIS FISCAL YEAR GOOD BEGINNINGS SERVED 143 FAMILIES WITH IN-HOME VOLUNTEERS FOR 12 WEEKS PER FAMILY, WHICH INCLUDED 750 VISITS AND OVER 2,150 VOLUNTEER HOURS. WE SERVED 260 ADULTS, 18 FIRST-TIME MOMS AND 231 CHILDREN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $225,083

Program Service Revenue $0

Investment Income $14,744

Other Revenue $0

TOTAL REVENUE $239,827

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,706

Fundraising Expenses $4,726

Program Expenses $127,275

Other Expenses $60,184

TOTAL EXPENSES $161,890

Year-over-Year Comparison

	2023	2022	Change
Revenue	$239,827	$127,286	+0.9%
Expenses	$161,890	$151,386	+0.1%
Net Income	$77,937	$-24,100	-4.2%

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

$48,620

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN MORTON	EXECUTIVE DI	25.00	Director	$48,620	$0	$48,620
JO ALLSOPP	DIRECTOR	0.50	Director	$0	$0	$0
BETH AMES	DIRECTOR	0.50	Director	$0	$0	$0
EMILY ANDERSON	DIRECTOR	0.50	Director	$0	$0	$0
RUSHIKA ATHIA	DIRECTOR	0.25	Director	$0	$0	$0
JAY CAMPION	DIRECTOR	0.50	Director	$0	$0	$0
ANN CHRISTIANO	DIRECTOR	0.50	Director	$0	$0	$0
KIMBERLEY HILLIER	DIRECTOR	0.50	Director	$0	$0	$0
JESSICA HARTMAN	DIRECTOR	0.50	Director	$0	$0	$0
L'TONYA JOHNSON	DIRECTOR	0.50	Director	$0	$0	$0
NANCY JOHNSON	CO-PRESIDENT	1.00	Officer Director	$0	$0	$0
JOANNE LENKE	SECRETARY	1.00	Officer Director	$0	$0	$0
ERIN MCCABE	DIRECTOR	0.50	Director	$0	$0	$0
KRIS PEKALA	TREASURER	1.00	Officer Director	$0	$0	$0
LINDA SHEMANSKE	CO-PRESIDENT	1.00	Officer Director	$0	$0	$0
LYN UJALAKY	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
SHARON WEAVER	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$239,827	$161,890	$498,287	$77,937
2022	$138,904	$146,280	$439,048	$-7,376
2021	$408,331	$494,704	$446,152	$-86,373