NEW BEGINNING EDUCATION CENTER INC (EIN 815221725) - 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

2017

Legal Domicile

Principal Officer

DARSHANA DOSHI

Phone

3523624937

Tax Period

2023-01-01 to 2023-12-31

NEW BEGINNING EDUCATION CENTER INC, founded in 2017, is a small nonprofit in the Education sector that reported $952K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

EDUCATION CENTER

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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 $952,008

Investment Income $0

Other Revenue $0

TOTAL REVENUE $952,008

Expense Breakdown

Grants Paid $0

Salaries & Benefits $610,744

Fundraising Expenses $0

Program Expenses $1,080,643

Other Expenses $469,899

TOTAL EXPENSES $1,080,643

Year-over-Year Comparison

	2023	2022	Change
Revenue	$952,008	$753,210	+0.3%
Expenses	$1,080,643	$750,514	+0.4%
Net Income	$-128,635	$2,696	-48.7%

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

$68,821

Total Directors

$68,821

Key Employees

$43,250

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARSHANA DOSHI	PRESIDENT	40.00	Officer Director Key Emp Highest	$43,250	$0	$43,250
HEMANT DOSHI	SECRETARY	40.00	Officer Director	$25,571	$0	$25,571
GARY W SLOWERS	DIRECTOR	1.00	Director Highest	$0	$0	$0
VIVIAN M FLOWERS	DIRECTOR	1.00	Director	$0	$0	$0
NATASHA Y OLIVER	DIRECTOR	1.00	Director	$0	$0	$0
TARA CAVAKIS	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	No data	No data	No data	No data
2023	$952,008	$1,080,643	No data	$-128,635
2022	$753,210	$750,514	No data	$2,696
2021	$823,506	$685,739	$381,192	$137,767
2020	$729,304	$664,600	No data	$64,704
2019	$732,403	$736,821	$28,920	$-4,418
2018	$717,767	$707,903	$33,236	$9,864

NEW BEGINNING EDUCATION CENTER INC