NEW BEGINNINGS (EIN 364538177) - 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

2003

Legal Domicile

Principal Officer

Pamela Carpenter

Phone

8154724734

Tax Period

2023-01-01 to 2023-12-31

NEW BEGINNINGS, founded in 2003, is a small nonprofit in the Animal-Related sector that reported $251K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

No kill animal shelter licensed by the state of Illinois, accepts stray and neglected cats, provides proper veterinary care, spay/neuter, microchip and all vaccinations. Provides care until a suitable adoption can be arranged.

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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 $244,742

Program Service Revenue $6,140

Investment Income $0

Other Revenue $0

TOTAL REVENUE $250,882

Expense Breakdown

Grants Paid $0

Salaries & Benefits $88,780

Fundraising Expenses $2,182

Program Expenses $157,180

Other Expenses $159,362

TOTAL EXPENSES $248,142

Year-over-Year Comparison

	2023	2022	Change
Revenue	$250,882	$265,079	-0.1%
Expenses	$248,142	$265,646	-0.1%
Net Income	$2,740	$-567	-5.8%

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
Pamela Carpenter	Director	5	Director	$0	$0	$0
Beth Polombo	Director	15	Director	$0	$0	$0
Harry Carpenter	President	2	Officer Director	$0	$0	$0
Mike Ruble	Vice President	4	Officer Director	$0	$0	$0
Kim Smicker	Secretary	10	Officer Director	$0	$0	$0
Paula Goodwin	Treasurer	14	Officer 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	$250,882	$248,142	$7,492	$2,740
2022	$265,079	$265,646	$4,752	$-567
2021	$184,323	$184,899	$5,319	$-576
2020	$178,679	$186,451	$5,895	$-7,772

NEW BEGINNINGS