Valley Stream, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
New Beginnings Center of Hope is a Christocentric 501 c 3 non profit organization fueled by faith and hope employing education, relevant practical help, and spiritual resources to inspire, equip and...
New Beginnings Center of Hope is a Christocentric 501 c 3 non profit organization fueled by faith and hope employing education, relevant practical help, and spiritual resources to inspire, equip and empower women and men experiencing unplanned pregnancy to make empowered, informed, life-affirming choices for themselves and their unborn children. In 2023 we provided 364 visits to 144 unique individuals across our three key program components entitled Affirm, Advance and Abundance. New Beginnings Center of Hope was founded in 2008 by followers of Christ desiring to create a safe place for women and men facing unplanned pregnancy to make informed, empowered pregnancy decisions and receive pregnancy decision support that would lead to peace and flourishing for themselves and their unborn children. The board , staff and volunteers of New Beginnings Center of Hope believe that women and men have a right to get accurate information from a resource that will not profit from the choices and pregnancy decisions they make. All our services are free and confidential.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
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