NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES (EIN 330683875) - 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

1995

Legal Domicile

Principal Officer

GAIL LACY

Phone

9513781992

Tax Period

2023-01-01 to 2023-12-31

NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES, founded in 1995, is a community nonprofit in the Human Services sector that reported $3.7M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $3.2M left a modest 13% surplus.

Mission

THE ORGANIZTION PROVIDES SERVICES TO CHILDREN WHO HAVE BEEN SEPARATED FROM THEIR BIOLOGICAL PARENTS. THE GOAL IS TO REUNITE THE CHILDREN WITH THEIR PARENTS OR EMANCIPATE THEM BACK TO SOCIETY.

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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 $3,663,688

Program Service Revenue $0

Investment Income $0

Other Revenue $1,000

TOTAL REVENUE $3,664,688

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,135,271

Fundraising Expenses $0

Program Expenses $3,012,012

Other Expenses $1,062,530

TOTAL EXPENSES $3,197,801

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,664,688	$2,375,013	+0.5%
Expenses	$3,197,801	$2,626,683	+0.2%
Net Income	$466,887	$-251,670	-2.9%

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

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

$393,670

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY MOORE	DIRECTOR	0.50	Officer Director	$0	$0	$0
MARY YANCY	PRESIDENT	0.50	Officer Director	$0	$0	$0
HOWARD LOUISE JONES	SECRETARY/TREAS	0.50	Officer Director	$0	$0	$0
GAIL LACY	EXECUTIVE DIRECTOR	45.00	Key Emp Highest	$198,449	$0	$198,449
MICHELLE HICKS	ADMINISTRATOR	47.00	Key Emp	$117,013	$0	$117,013
SHANEE BROWN	THERAPIST	45.00	Key Emp	$0	$0	$0
MONIQUE YOUNG	HEAD OF SERVICE	40.00	Key Emp	$78,208	$0	$78,208

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	$3,664,688	$3,197,801	$1,421,772	$466,887
2022	$2,375,013	$2,626,683	$992,734	$-251,670
2021	$3,105,914	$2,710,640	$1,334,338	$395,274
2020	$2,861,740	$2,310,818	$966,416	$550,922
2019	$2,178,437	$2,006,187	$401,814	$172,250
2018	$1,947,441	$1,816,745	$264,858	$130,696

NEW BEGINNINGS RESIDENTIAL TREATMENT FACILITIES