NEW BEGINNINGS INC (EIN 481056141) - 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

1986

Legal Domicile

Principal Officer

SHARA GONZALES

Phone

6206690904

Tax Period

2024-01-01 to 2024-12-31

NEW BEGINNINGS INC, founded in 1986, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $2.6M left a modest 5% surplus.

Mission

TO SHELTER AND REBUILD HUMAN LIVES WHILE FOSTERING AFFORDABLE HOUSING IN THE STATE OF KANSAS.

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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 $1,121,389

Program Service Revenue $1,129,532

Investment Income $0

Other Revenue $498,260

TOTAL REVENUE $2,749,181

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,066,643

Fundraising Expenses $10,666

Program Expenses $1,881,919

Other Expenses $1,531,728

TOTAL EXPENSES $2,598,371

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,749,181	$2,121,725	+0.3%
Expenses	$2,598,371	$2,529,575	+0.0%
Net Income	$150,810	$-407,850	-1.4%

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

$49,616

Total Directors

$49,616

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARA GONZALES	President & CEO	40.00	Officer Director	$49,616	$0	$49,616
BRAD DILLON	CHAIRPERSON	5.00	Officer Director	$0	$0	$0
ANDREAS MEYER	VICE-CHAIR / TR	2.00	Officer Director	$0	$0	$0
FRAN CONKLIN	Secretary	2.00	Officer Director	$0	$0	$0
ROBERT FEE	Director	1.00	Director	$0	$0	$0
JEANNE PARSONS	Director	1.00	Director	$0	$0	$0
ELI KRAFT	Director	1.00	Director	$0	$0	$0
KEITH ZWICKL	Director	1.00	Director	$0	$0	$0
MARIAN MCHUGH	Director	1.00	Director	$0	$0	$0
BETTY LATTIMER	Director	1.00	Director	$0	$0	$0
HARDY HUTCHINSON	Director	1.00	Director	$0	$0	$0
KELLY WESLEY	Director	1.00	Director	$0	$0	$0
LIBERTEE THOMPSON	Director	1.00	Director	$0	$0	$0
HAROLD CASEY	Director	1.00	Director	$0	$0	$0
ANGIE DAVENPORT	Director	1.00	Director	$0	$0	$0
BRIAN WELLS	Director	1.00	Director	$0	$0	$0
JASMINE HURLBUT	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	$2,749,181	$2,598,371	$7,271,359	$150,810
2023	$2,121,725	$2,529,575	$7,556,334	$-407,850
2022	$2,196,409	$2,027,090	$7,850,469	$169,319
2021	$1,937,363	$1,843,863	$6,954,387	$93,500
2020	$2,122,588	$1,552,096	$6,820,947	$570,492
2019	$1,763,967	$1,342,564	$6,513,785	$421,403
2018	$1,191,845	$1,141,180	$5,658,322	$50,665

NEW BEGINNINGS INC