A NEW BEGINNING FOR YOU INC

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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

2005

Legal Domicile

Principal Officer

PATRICIA WRIGHT

Tax Period

2023-01-01 to 2023-12-31

A NEW BEGINNING FOR YOU INC, founded in 2005, is a small nonprofit in the Human Services sector that reported $297K in total revenue in fiscal year 2023. Expenses of $256K left a modest 14% surplus.

Mission

CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES FOR THE ELDERLY, FRAIL, AND HANDICAPPED INDIVIDUALS

Program Service Accomplishments

Program 1

Expenses: $256,369 Revenue: $296,564

THIS ORGANIZATION IS ORGANIZED FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES FOR THE ELDERLY, FRAIL AND HANDICAPPED INDIVIDUAL.

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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 $0

Program Service Revenue $296,564

Investment Income $0

Other Revenue $0

TOTAL REVENUE $296,564

Expense Breakdown

Grants Paid $0

Salaries & Benefits $119,681

Fundraising Expenses $0

Program Expenses $256,369

Other Expenses $136,688

TOTAL EXPENSES $256,369

Year-over-Year Comparison

	2023	2022	Change
Revenue	$296,564	$296,564	N/A
Expenses	$256,369	$260,226	0.0%
Net Income	$40,195	$36,338	+0.1%

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

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

$72,800

Total Directors

$37,440

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA WRIGHT	PRESIDENT	40.00	Officer	$72,800	$0	$72,800
JOHNESHA WRIGHT	DIRECTOR	40.00	Director	$37,440	$0	$37,440
MARQUE WRIGHT	DIRECTOR	0.00	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	No data	No data	No data	No data
2023	$296,564	$256,369	$293,980	$40,195
2022	$219,379	$256,722	$284,588	$-37,343
2021	$293,140	$255,236	No data	$37,904
2020	$284,266	$252,065	No data	$32,201
2019	$316,272	$352,928	No data	$-36,656
2018	$288,480	$296,023	No data	$-7,543