NEW BEGINNING FOUNDATION 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

2018

Legal Domicile

Principal Officer

LEONARD G DENIS

Phone

2674288514

Tax Period

2019-01-01 to 2019-12-31

NEW BEGINNING FOUNDATION INC, founded in 2018, is a small nonprofit in the Youth Development sector that reported $112K in total revenue in fiscal year 2019. Expenses of $100K left a modest 10% surplus.

Mission

TO PROVIDE CHILDREN IN THE INNER CITY WITH SKILLS THAT INCREASE THEIR VERBAL AND MATH LITERACY, AND TO ASSIST THEM IN PROMOTING THEIR CHILDHOOD EDUCATIONAL DEVELOPMENTS.

Program Service Accomplishments

Program 1

Expenses: $97,267

TO PROVIDE CHILDREN IN THE INNER CITY WITH SKILLS THAT INCREASE THEIR VERBAL AND MATH LITERACY, AND TO ASSIST THEM IN PROMOTING THEIR CHILDHOOD EDUCATIONAL DEVELOPMENTS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $111,550

Investment Income $0

Other Revenue $0

TOTAL REVENUE $111,550

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $97,267

Other Expenses $100,400

TOTAL EXPENSES $100,400

Year-over-Year Comparison

	2019	2018	Change
Revenue	$111,550	N/A	N/A
Expenses	$100,400	N/A	N/A
Net Income	$11,150	N/A	N/A

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

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
NICOLE BENNS	TRUSTEE	0.61	Director	$0	$0	$0
GERALDINE DENIS	TRUSTEE	0.61	Director	$0	$0	$0
LEONARD G DENIS	PRESIDENT	0.61	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
2019	$111,550	$100,400	$11,150	$11,150