NEW BEGINNING RECOVERY CENTER INC (EIN 465730514) - 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

2014

Legal Domicile

Principal Officer

Mary Brewer

Phone

3038302064

Tax Period

2024-01-01 to 2024-12-31

NEW BEGINNING RECOVERY CENTER INC, founded in 2014, is a community nonprofit in the Health Care sector that reported $4.0M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

To save lives by healing the "mind-body-spirit" through an innovative and comprehensive recovery program for clients suffering with addiction, co-occurring mental health disorders and attachment health.

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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 (2024)

Revenue Breakdown

Contributions & Grants $250,374

Program Service Revenue $3,750,427

Investment Income $598

Other Revenue $0

TOTAL REVENUE $4,001,399

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,274,084

Fundraising Expenses $199,658

Program Expenses $3,194,589

Other Expenses $2,719,152

TOTAL EXPENSES $3,993,236

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,001,399	$3,102,816	+0.3%
Expenses	$3,993,236	$2,569,055	+0.6%
Net Income	$8,163	$533,761	-1.0%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mary Brewer	Director	15.00	Officer Director	$0	$0	$0
Richard Heiney	President	5.00	Officer Director	$0	$0	$0
Shanell Frazier-Massey	Treasurer	1.00	Officer Director	$0	$0	$0
Marilyn Delmonico	Director	1.00	Director	$0	$0	$0
Ray Washington	Director	1.00	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
2024	$4,001,399	$3,993,236	$1,156,547	$8,163
2023	$3,102,816	$2,569,055	$1,109,754	$533,761
2022	$2,318,360	$1,903,840	$575,993	$414,520
2021	$1,593,361	$1,704,376	$161,767	$-111,015
2020	$1,635,529	$1,625,175	$273,601	$10,354
2019	$1,458,223	$1,481,230	$262,134	$-23,007
2018	$1,341,801	$1,291,319	$287,650	$50,482

NEW BEGINNING RECOVERY CENTER INC