FUNDING NEW BEGINNINGS COMMUNITY FOUNDATION (EIN 300290901) - 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

2006

Legal Domicile

Principal Officer

NICHOLAS EMMERSON

Phone

8155372348

Tax Period

2023-01-01 to 2023-12-31

FUNDING NEW BEGINNINGS COMMUNITY FOUNDATION, founded in 2006, is a small nonprofit in the Human Services sector that reported $217K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $480K, a strong 221% operating margin.

Mission

SUPPORT OF COMMUNITY ACTIVITIES

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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 $14,351

Program Service Revenue $0

Investment Income $202,752

Other Revenue $0

TOTAL REVENUE $217,103

Expense Breakdown

Grants Paid $170,885

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $170,885

Other Expenses $-433,600

TOTAL EXPENSES $-262,715

Year-over-Year Comparison

	2023	2022	Change
Revenue	$217,103	$146,760	+0.5%
Expenses	$-262,715	$666,425	-1.4%
Net Income	$479,818	$-519,665	-1.9%

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

N/A

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
GARETT PLUMLEY	PRESIDENT	1.00	Director	$0	$0	$0
MEGAN THOMPSON	VICE PRESIDENT	0.50	Director	$0	$0	$0
JANET GOODELL	DIRECTOR	0.50	Director	$0	$0	$0
MICHELE WILLIAMS	DIRECTOR	0.50	Director	$0	$0	$0
CONNIE JOHNSON	SECRETARY	0.50	Director	$0	$0	$0
TOM GREEN	DIRECTOR	0.50	Director	$0	$0	$0
WHITNEY DEWITTE	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$217,103	$-262,715	$4,576,239	$479,818
2022	$146,760	$666,425	$4,096,421	$-519,665
2020	$230,987	$145,222	$4,409,649	$85,765
2019	$321,177	$141,600	$4,078,089	$179,577
2018	$576,938	$113,355	$3,537,048	$463,583

FUNDING NEW BEGINNINGS COMMUNITY FOUNDATION