NEW BEGINNINGS HIGH SCHOOL (EIN 275069973) - 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

2010

Legal Domicile

Principal Officer

ASHLEE WRIGHT

Phone

8632985666

Tax Period

2023-07-01 to 2024-06-30

NEW BEGINNINGS HIGH SCHOOL, founded in 2010, is a community nonprofit in the Education sector that reported $9.7M in total revenue in fiscal year 2023. Revenue surged 661% from the prior year, signaling strong growth momentum.

Mission

THE SCHOOL WILL STRIVE TO SERVE AT RISK STUDENTS THROUGH A UNIQUE PROGRAM THAT COMBINES A FLEXIBLE STANDARDS-DRIVEN EDUCATION WITH A SUPPORTIVE CLIMATE TO CREATE A FRAMEWORK FOR STUDENT SUCCESS.

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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 $413,637

Program Service Revenue $9,124,403

Investment Income $0

Other Revenue $138,606

TOTAL REVENUE $9,676,646

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,692,340

Fundraising Expenses $0

Program Expenses $8,356,819

Other Expenses $6,877,483

TOTAL EXPENSES $9,569,823

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,676,646	$1,272,377	+6.6%
Expenses	$9,569,823	$7,165,882	+0.3%
Net Income	$106,823	$-5,893,505	-1.0%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL DORMAN	BOARD MEMBER	0.50	Officer Director	$0	$0	$0
FRANK KENDRICK	BOARD CHAIR	0.50	Director	$0	$0	$0
KATRINA LUNSFORD	TREASURER	0.50	Officer Director	$0	$0	$0
LORENZO MCCUTCHEN	BOARD MEMBER	0.50	Director	$0	$0	$0
JIMMY MISSOURI	VICE CHAIR	0.50	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	$9,676,646	$9,569,823	$6,176,610	$106,823
2023	$6,931,355	$7,165,882	$4,243,511	$-234,527
2022	$6,579,942	$7,056,127	$5,268,736	$-476,185
2021	$7,239,329	$6,939,535	$3,536,046	$299,794
2020	$6,400,365	$7,077,777	$3,033,766	$-677,412
2019	$5,956,577	$6,162,306	$3,343,914	$-205,729
2018	$5,217,970	$5,350,447	$3,506,816	$-132,477

NEW BEGINNINGS HIGH SCHOOL