NEW BEGINNINGS HOUSING FOUNDATION (EIN 833985088) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

CRYSTAL LIVELY

Phone

5302303886

Tax Period

2024-01-01 to 2024-12-31

NEW BEGINNINGS HOUSING FOUNDATION, founded in 2019, is a small nonprofit that reported $607K in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $210K, a strong 35% operating margin.

Mission

PURPOSE OF ORGANIZATION IS TO ACQUIRE, HOLD, DEVELOP, MAINTAIN, MANAGE AND LEASE REAL PROPERTY SO AS TO PROVIDE LOW INCOME HOUSING FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES, AND TO CARRY ON OTHER CHARITABLE AND EDUCATIONAL ACTIVITIES ASSOCIATED WITH THESE GOALS AS ALLOWED BY LAW.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $231,590

Program Service Revenue $365,461

Investment Income $9,901

Other Revenue $0

TOTAL REVENUE $606,952

Expense Breakdown

Grants Paid $0

Salaries & Benefits $170,744

Fundraising Expenses $625

Program Expenses $286,518

Other Expenses $226,143

TOTAL EXPENSES $396,887

Year-over-Year Comparison

	2024	2023	Change
Revenue	$606,952	$334,154	+0.8%
Expenses	$396,887	$280,264	+0.4%
Net Income	$210,065	$53,890	+2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$67,783

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEGAN MASSIE	EXECUTIVE DI	40.00	Officer	$67,783	$0	$67,783
ROBERT IRVINE	TREASURER	4.00	Officer Director	$0	$0	$0
CRYSTAL LIVELY	PRESIDENT	1.00	Officer Director	$0	$0	$0
TERI TAPIA	SECRETARY	1.00	Officer Director	$0	$0	$0
STEPHANIE GREGORIO	MEMBER	1.00	Director	$0	$0	$0
LISA FINWALL	MEMBER	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	$606,952	$396,887	$4,469,335	$210,065
2023	$334,154	$280,264	$3,999,207	$53,890
2022	$221,690	$218,951	$3,465,550	$2,739
2021	$1,305,734	$176,521	$3,289,812	$1,129,213
2020	$127,169	$126,130	$2,242,603	$1,039

NEW BEGINNINGS HOUSING FOUNDATION