NEW BEGINNINGS COMMUNITY CENTER INC (EIN 264394725) - 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

2009

Legal Domicile

Principal Officer

ALLYSON SCERRI

Phone

6312866166

Tax Period

2023-01-01 to 2023-12-31

NEW BEGINNINGS COMMUNITY CENTER INC, founded in 2009, is a small nonprofit in the Human Services sector that reported $284K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

NEW BEGINNINGS COMMUNITY CENTER'S GOAL IS TO HELP DEVELOP STATE OF THE ART LONG-TERM REHABILITION SERVICES TO SURVIVORS OF TRAUMATIC BRAIN INJURY AND OTHER COGNITIVE AND PHYSICAL DISORDERS. IN ORDER TO HELP THOSE WHO ARE ON A JOURNEY OF RECOVERY, NEW BEGINNINGS WILL HELP FACILITATE A HOLISTIC APPROACH TO SURVIVORS OF TRAUMATIC BRAIN INJURY (TBI) AND OTHER PHSYCIAL AND COGNITIVE DISORDERS, OFFER SUPPORT FOR THEIR FAMILIES, AND RAISE AWARENESS FOR THE NEEDS OF THIS GROWING COMMUNITY.

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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 $94,960

Program Service Revenue $209,410

Investment Income $0

Other Revenue $-20,126

TOTAL REVENUE $284,244

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,987

Fundraising Expenses $582

Program Expenses $253,816

Other Expenses $277,616

TOTAL EXPENSES $287,603

Year-over-Year Comparison

	2023	2022	Change
Revenue	$284,244	$239,189	+0.2%
Expenses	$287,603	$252,473	+0.1%
Net Income	$-3,359	$-13,284	-0.7%

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

$9,100

Total Directors

$9,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM ARCHER	BOARD MEMBER	0.50	Director	$0	$0	$0
ALLYSON SCERRI	PRESIDENT	40.00	Officer Director	$9,100	$0	$9,100
KATE DIMEGLIO	VICE PRESIDENT	40.00	Officer Director	$0	$0	$0
STEPHEN SCERRI	TREASURER	5.00	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	No data	No data	No data	No data
2023	$284,244	$287,603	$141,018	$-3,359
2022	$239,189	$252,473	$133,673	$-13,284
2021	$230,442	$295,538	$139,309	$-65,096
2020	$373,416	$379,453	$202,567	$-6,037
2019	$302,404	$380,737	$230,521	$-78,333
2018	$263,784	$356,188	$302,516	$-92,404

NEW BEGINNINGS COMMUNITY CENTER INC