A NEW BEGINNING GODS HOUSE OF PRAISE MINISTRY INC

EIN: 364260953 501(c)(3) Religion

Maywood, IL

Total Revenue
$59,764
Total Expenses
$21,677
Total Assets
$59,004
Net Assets
$59,004
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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
1998
Legal Domicile
IL
Principal Officer
BERNICE TERRY
Tax Period
2025-01-01 to 2025-12-31

A NEW BEGINNING GODS HOUSE OF PRAISE MINISTRY INC, founded in 1998, is a micro nonprofit in the Religion sector that reported $60K in total revenue in fiscal year 2025. The organization ran a surplus of $38K, a strong 64% operating margin.

Mission

CHRISTIAN MINISTRY TO IMPROVE ITS MEMBERS THROUGH UPHOLDING THE CHRISTIAN STANTARD FOUND IN THE BIBLE, AND TO FURTHER OTHER RELIGIOUS AND CHARITABLE WORK

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $59,764
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $59,764

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,279
Other Expenses $21,677
TOTAL EXPENSES $21,677

Year-over-Year Comparison

2025 2024 Change
Revenue $59,764 N/A N/A
Expenses $21,677 N/A N/A
Net Income $38,087 N/A N/A
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

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Governance

Voting Members
3
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MABLE TERRY SECRETARY 40.00
Officer
$0 $0 $0
BERNICE TERRY VICE PRESIDENT 35.00
Officer
$0 $0 $0
NICOLE HARRISON TREASURER 15.00
Officer
$0 $0 $0
MICHELLE WARREN DIRECTOR 10.00
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
2025 $59,764 $21,677 $59,004 $38,087
2023 $63,150 $14,497 $153,201 $48,653
2021 $95,229 $31,043 $65,386 $64,186
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