New Beginnings International House of Worship INC

EIN: 383847981 501(c)(3) Religion

Live Oak, TX

Total Revenue
$230,984
Total Expenses
$209,816
Total Assets
$96,295
Net Assets
$67,619
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TX
Phone
2108967156
Tax Period
2022-01-01 to 2022-12-31

New Beginnings International House of Worship INC, founded in 2017, is a small nonprofit in the Religion sector that reported $231K in total revenue in fiscal year 2022. Expenses of $210K left a modest 9% surplus.

Mission

Community Church & Outreach Organization

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $230,984
TOTAL REVENUE $230,984

Expense Breakdown

Grants Paid $0
Salaries & Benefits $30,710
Fundraising Expenses $0
Program Expenses $209,816
Other Expenses $179,106
TOTAL EXPENSES $209,816

Year-over-Year Comparison

2022 2021 Change
Revenue $230,984 N/A N/A
Expenses $209,816 N/A N/A
Net Income $21,168 N/A N/A
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
10
Employees
N/A
Volunteers
12

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
3
$30,910
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Theresa D Johnson President & Hd. Pastor 40.00
Officer
$29,410 $0 $29,410
Margo S Johnson Vice President & Asst. Pastor 40.00
Officer
$1,500 $0 $1,500
Adrienne C Elligan Treasurer 40.00
Officer
$0 $0 $0
Scott Williams Director 40.00
Director
$0 $0 $0
Lisa Eason Administrator 30.00
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
2022 $230,984 $209,816 $96,295 $21,168
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare New Beginnings International House of Worship INC with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.