GREAT BEGINNINGS INC (EIN 820446616) - 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

1991

Legal Domicile

Principal Officer

BRIAN SOPATYK

Phone

2084477175

Tax Period

2024-01-01 to 2024-12-31

GREAT BEGINNINGS INC, founded in 1991, is a micro nonprofit that reported $444 in total revenue in fiscal year 2024. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $10K exceeded revenue, resulting in a 2055% operating deficit.

Mission

LICENSED DAYCARE TO PROVIDE A SAFE ENVIRONMENT WITH DEVELOPMENTAL PROGRAMS AND NUTRITIOUS MEALS.

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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 $0

Program Service Revenue $444

Investment Income $0

Other Revenue $0

TOTAL REVENUE $444

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $8,859

Other Expenses $9,567

TOTAL EXPENSES $9,567

Year-over-Year Comparison

	2024	2023	Change
Revenue	$444	$394,298	-1.0%
Expenses	$9,567	$405,644	-1.0%
Net Income	$-9,123	$-11,346	-0.2%

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	Role	Reportable Comp	Other Comp	Total
MATT SCHWEHR	VICE PRESIDENT	Officer Director	$0	$0	$0
AMBER SCHWEHR	SECRETARY	Officer Director	$0	$0	$0
BRIAN SOPATYK	TREASURER	Officer Director	$0	$0	$0
BETH ANN MANGUM	PRESIDENT	Officer 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	$444	$9,567	$262,976	$-9,123
2023	$394,298	$405,644	$272,099	$-11,346
2022	$714,609	$691,360	$291,359	$23,249
2021	$896,089	$901,607	$272,627	$-5,518
2020	$707,823	$766,479	$375,771	$-58,656
2019	$890,028	$886,433	$333,235	$3,595
2018	$946,234	$811,573	$329,632	$134,661

GREAT BEGINNINGS INC