New Beginnings Center of Hope Inc (EIN 263504865) - 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

2008

Legal Domicile

Phone

7188089735

Tax Period

2023-01-01 to 2023-12-31

New Beginnings Center of Hope Inc, founded in 2008, is a small nonprofit in the Health Care sector that reported $191K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $260K exceeded revenue, resulting in a 36% operating deficit.

Mission

To Empower Women, Save Lives, and Strengthen Families by inspiring and equipping women and men experiencing unplanned pregnancy to make informed, empowered, life-affirming choices for themselves and their unborn 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 $191,119

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $191,119

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,659

Fundraising Expenses $53,078

Program Expenses $167,867

Other Expenses $142,250

TOTAL EXPENSES $259,909

Year-over-Year Comparison

	2023	2022	Change
Revenue	$191,119	$301,255	-0.4%
Expenses	$259,909	$267,976	0.0%
Net Income	$-68,790	$33,279	-3.1%

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

$85,000

Total Directors

$85,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alecia Jones	CEO	35.00	Officer Director	$85,000	$0	$85,000
Renee Freeman	Chaplin	5.00	Director	$0	$0	$0
Beverly Sherrod	Board President	5.00	Officer Director	$0	$0	$0
Frederick Towles	Treasurer	5.00	Officer Director	$0	$0	$0
Azerean Cameron	Secretary	5.00	Director	$0	$0	$0
Constance West	Director	5.00	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	No data	No data	No data	No data
2023	$191,119	$259,909	$39,129	$-68,790
2023	$191,119	$259,909	$39,129	$-68,790
2022	$301,255	$267,976	$107,829	$33,279
2021	$321,156	$279,149	$74,063	$42,007
2020	$239,897	$276,270	$58,075	$-36,373
2020	$239,897	$276,270	$58,075	$-36,373
2019	$232,842	$312,251	$68,289	$-79,409

New Beginnings Center of Hope Inc