A NEW BEGINNING INC

EIN: 453457689 501(c)(3)

FLORENCE, AL

Total Revenue
$283,194
Total Expenses
$210,341
Total Assets
$529,465
Net Assets
$351,635
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
AL
Principal Officer
LUCIE BOWEN
Phone
2563813800
Tax Period
2018-01-01 to 2018-12-31

A NEW BEGINNING INC, founded in 2012, is a small nonprofit that reported $283K in total revenue in fiscal year 2018. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $73K, a strong 26% operating margin.

Mission

TO PROVIDE AN LIVING ENVIROMENT THAT IS CONDUCIVE TO RECOVERY WHILE PRESENTING THE NEEDED RESOURCES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $48,555
Program Service Revenue $179,435
Investment Income $55,204
Other Revenue $0
TOTAL REVENUE $283,194

Expense Breakdown

Grants Paid $0
Salaries & Benefits $74,416
Fundraising Expenses $0
Program Expenses $210,341
Other Expenses $135,925
TOTAL EXPENSES $210,341

Year-over-Year Comparison

2018 2017 Change
Revenue $283,194 $258,611 +0.1%
Expenses $210,341 $260,451 -0.2%
Net Income $72,853 $-1,840 -40.6%
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
2
Employees
1
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
2
$68,750
Total Directors
2
$68,750
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUCIE BOWEN EXECUTIVE DIRECTOR 60
Officer Director
$68,750 $0 $68,750
TARA FURLOUGH SECRETARY 1
Officer
$0 $0 $0
JOHN BOWEN DIRECTOR 10
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
2018 $283,194 $210,341 $529,465 $72,853
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