NEW BEGINNINGS ENTERPRISES INC (EIN 480983440) - 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

1985

Legal Domicile

Principal Officer

TONYA BARNES

Phone

7852847793

Tax Period

2023-07-01 to 2024-06-30

NEW BEGINNINGS ENTERPRISES INC, founded in 1985, is a small nonprofit that reported $201K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

NEW BEGINNINGS ENTERPRISES, INC.'S MISSION IS TO ASSURE QUALITY, DIGNITY, AND CHOICE TO PERSONS HAVING AN INTELLECTUAL OR DEVELOPMENTAL DISABILITY.

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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 $201,260

Program Service Revenue $0

Investment Income $51

Other Revenue $64

TOTAL REVENUE $201,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $200,711

TOTAL EXPENSES $200,711

Year-over-Year Comparison

	2023	2022	Change
Revenue	$201,375	$232,561	-0.1%
Expenses	$200,711	$179,557	+0.1%
Net Income	$664	$53,004	-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

N/A

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
TONYA BARNES	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JULIE FULLER	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
ANN MITCHELL	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
MIRAH DOW	DIRECTOR	1.00	Director	$0	$0	$0
TERRY JO HITE	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL CRIGGER	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
2025	No data	No data	No data	No data
2024	$201,375	$200,711	$216,288	$664
2023	$232,561	$179,557	$214,344	$53,004
2022	$176,942	$176,869	$123,789	$73
2021	$192,096	$157,677	$122,748	$34,419
2020	$99,388	$1,342,715	$83,293	$-1,243,327
2019	$1,750,722	$1,649,319	$1,514,592	$101,403

NEW BEGINNINGS ENTERPRISES INC