NEW BEGINNINGS THE BETTY JANE MORRISON FOUNDATION FOR HOMELESS CHILDREN

EIN: 473704389 501(c)(3) Human Services

Denton, TX

Total Revenue
$62,790
Total Expenses
$910
Total Assets
$72,720
Net Assets
$72,720
🔒

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
2015
Legal Domicile
TX
Principal Officer
GEORGE C MORRISON
Phone
9403671555
Tax Period
2020-01-01 to 2020-12-31

NEW BEGINNINGS THE BETTY JANE MORRISON FOUNDATION FOR HOMELESS CHILDREN, founded in 2015, is a micro nonprofit in the Human Services sector that reported $63K in total revenue in fiscal year 2020. The organization ran a surplus of $62K, a strong 99% operating margin.

Mission

TO PROVIDE RENT AND UTILITIES SO CHILDREN WILL NOT BE HOMELESS

Program Service Accomplishments

Program 1
Expenses: $49,840

RENT AND UTILITY MONEY HELD TO PAY RENT AND UTILITIES FOR FAMILIES IN NEED.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $62,790
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $62,790

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $49,840
Other Expenses $910
TOTAL EXPENSES $910

Year-over-Year Comparison

2020 2019 Change
Revenue $62,790 N/A N/A
Expenses $910 N/A N/A
Net Income $61,880 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
N/A
Independent Members
N/A
Employees
N/A
Volunteers
3

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE S MORRISON PRESIDENT AND CEO 4.00
Officer
$0 $0 $0
BETTY JANE MORRISON SECRETARY TREASURER 8.00
Officer
$0 $0 $0
MELODY KOHOUT VICE-PRESIDENT 2.00
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
2020 $62,790 $910 $72,720 $61,880
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NEW BEGINNINGS THE BETTY JANE MORRISON FOUNDATION FOR HOMELESS CHILDREN 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.