NEW LIFE BEGINNINGS INC

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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

1984

Legal Domicile

Principal Officer

REBECCA YOUNGER

Phone

2133874508

Tax Period

2023-07-01 to 2024-06-30

NEW LIFE BEGINNINGS INC, founded in 1984, is a small nonprofit that reported $407K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $464K exceeded revenue, resulting in a 14% operating deficit.

Mission

To operate pregnancy testing center , to mantain and operate a home for unwed mpthers-to-be , and to mantian and operate a home fro women at risk who may not be pregnant, and may or may not have children

Program Service Accomplishments

Program 1

Expenses: $463,764

Maternity home servicing over 100 homeless women and thier children the progam provides them with food , clothing, shelter couseing , career education , jobs amd adoption.

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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 $407,121

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $407,121

Expense Breakdown

Grants Paid $0

Salaries & Benefits $278,820

Fundraising Expenses $0

Program Expenses $463,764

Other Expenses $184,944

TOTAL EXPENSES $463,764

Year-over-Year Comparison

	2023	2022	Change
Revenue	$407,121	$325,505	+0.3%
Expenses	$463,764	$350,374	+0.3%
Net Income	$-56,643	$-24,869	+1.3%

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

N/A

Employees

N/A

Volunteers

N/A

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
REBECCA YOUNGER	President & CEO	50.00	Officer	$0	$0	$0
Ashley Younger	CFO	50.00	Officer	$0	$0	$0
JOHN M EDMOND	Secretary	0.00	Officer	$0	$0	$0
Al Stone	Director	0.00	Officer	$0	$0	$0
Javier Mendoza	Director	0.00	Officer	$0	$0	$0
Mary Ann Barnes	Director	0.00	Officer	$0	$0	$0
Christ Wade	Director	0.00	Officer	$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	$584,139	$610,572	$28,749	$-26,433
2024	$407,121	$463,764	$653,530	$-56,643
2023	$325,505	$301,918	$850,589	$23,587
2021	$510,170	$589,326	$759,583	$-79,156
2020	$510,821	$490,650	$726,109	$20,171
2019	$545,874	$580,760	$708,955	$-34,886
2018	$710,880	$694,616	$761,674	$16,264