NEW BEGINNING APOSTOLIC CHURCH 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

2007

Legal Domicile

Principal Officer

BOBBY POWE

Phone

2516759473

Tax Period

2025-01-01 to 2025-12-31

NEW BEGINNING APOSTOLIC CHURCH INC, founded in 2007, is a small nonprofit in the Religion sector that reported $245K in total revenue in fiscal year 2025. Expenses of $237K left a modest 3% surplus.

Mission

A PENTECOSTAL CHURCH PROMOTING THE EVANGELISM TO THE SURROUNDING COMMUNITIES FOR THE LORD JESUS CHRIST. TO SPREAD AND PROPAGATE THE CHRISTIAN FAITH AND SPREAD THE GOSPEL OF JESUS CHRIST AS REVEALED THROUGH THE HOLY SCRIPTURES.

Program Service Accomplishments

Program 1

Expenses: $237,134

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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 (2025)

Revenue Breakdown

Contributions & Grants $244,976

Program Service Revenue $0

Investment Income $71

Other Revenue $0

TOTAL REVENUE $245,047

Expense Breakdown

Grants Paid $0

Salaries & Benefits $142,815

Fundraising Expenses $0

Program Expenses $237,134

Other Expenses $94,319

TOTAL EXPENSES $237,134

Year-over-Year Comparison

	2025	2024	Change
Revenue	$245,047	$240,207	+0.0%
Expenses	$237,134	$269,658	-0.1%
Net Income	$7,913	$-29,451	-1.3%

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

N/A

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

$36,988

Total Directors

$40,096

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOBBY POWE	PRESIDENT/PA	30.00	Officer Director	$22,480	$0	$22,480
ANGELA WILSON	SECRETARY	40.00	Officer Director	$14,508	$0	$14,508
IZELL DAVIS	DIRECTOR	15.00	Director	$3,108	$0	$3,108
BOBBY LEE RADCLIFF JR	DIRECTOR	N/A	Director	$0	$0	$0
PHILLIP BROWN JR	DIRECTOR	N/A	Director	$0	$0	$0
T C REED JR	DIRECTOR	N/A	Director	$0	$0	$0
EDDIE LEE KIMBROUGH	DIRECTOR/CHA	N/A	Officer Director	$0	$0	$0
ELMER LANG	DIRECTOR/TRE	N/A	Officer Director	$0	$0	$0
JASON MCNELL SULLIVAN	DIRECTOR	N/A	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	$245,047	$237,134	$936,634	$7,913
2024	No data	No data	No data	No data
2023	$236,212	$238,303	$935,062	$-2,091
2022	$208,767	$225,876	$937,567	$-17,109
2021	$207,487	$188,040	$954,602	$19,447
2020	$185,957	$152,521	$953,596	$33,436
2019	$197,332	$154,077	$915,536	$43,255