THE NEW BEGINNINGS CENTER

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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

2011

Legal Domicile

Principal Officer

NATASHA WEDDLE

Phone

6154322579

Tax Period

2023-07-01 to 2024-06-30

THE NEW BEGINNINGS CENTER, founded in 2011, is a small nonprofit in the Health Care sector that reported $838K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $729K left a modest 13% surplus.

Mission

TO IMPROVE TENNESSEE HEALTH STATISTICS WITH A TARGETED FOCUS ON WOMEN'S HEALTH NEEDS BY PROVIDING ACCESS TO WELLNESS PROGRAMS, STRENGTH TRAINING, PHYSICAL AND NUTRITIONAL EDUCATION, AND PERSONAL COACHING. THE NEW BEGINNINGS CENTER GIVES QUALIFIED LOW-INCOME WOMEN THE TANGIBLE SKILLS, TRAINING, AND EMPOWERMENT NEEDED TO ASSIST THEM IN IMPROVING THEIR HEALTH, FUTURES, CAPABILITIES, AND QUALITY OF LIFE. THE MISSION IS TO HELP WOMEN DISCOVER THEMSELVES, INSIDE AND OUT, AND TO BECOME THE HEALTHIEST THEY CAN BE THROUGH WORLD CLASS COACHING IN FITNESS, NUTRITION, AND BEHAVIOR CHANGE.

Program Service Accomplishments

Program 1

Expenses: $535,712 Revenue: $86,326

THE NEW BEGINNINGS CENTER (TNBC) SECURED FUNDING FROM OVER 14 FOUNDATIONS, 11 CORPORATIONS AND HUNDREDS OF INDIVIDUALS. WE WILL CONTINUE TO GROW OUR DONOR BASE BY DEMONSTRATING SUSTAINABLE WELLNESS OUTCOMES. OUR MISSION IS TO ADDRESS HEALTH CARE DISPARITIES AND IMPROVE THE OBESITY STATISTICS IN NASHVILLE BY OFFERING WOMEN A HOLISTIC AND INDIVIDUALIZED APPROACH TO DEVELOPING HEALTHY LIFESTYLES. WE OFFER WOMEN, REGARDLESS OF INCOME, GROUP WELLNESS EDUCATION CLASSES THAT COVER A VARIETY OF TOPICS INCLUDING NUTRITION AND COOKING, SELF-ACTUALIZATION, AND BEHAVIOR MODIFICATION. TNBC'S CLASSES ARE FOCUSED ON COACHING WOMEN IN THEIR JOURNEY TO BUILD A HEALTHY MIND, BODY, AND IMPROVED QUALITY OF LIFE. TNBC PROVIDED THOUSANDS OF HOURS OF SERVICE TO OVER 460 WOMEN - CONTINUED ON SCHEDULE O

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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 $729,442

Program Service Revenue $86,326

Investment Income $12,952

Other Revenue $9,189

TOTAL REVENUE $837,909

Expense Breakdown

Grants Paid $0

Salaries & Benefits $372,399

Fundraising Expenses $49,569

Program Expenses $535,712

Other Expenses $356,586

TOTAL EXPENSES $728,985

Year-over-Year Comparison

	2023	2022	Change
Revenue	$837,909	$595,780	+0.4%
Expenses	$728,985	$562,067	+0.3%
Net Income	$108,924	$33,713	+2.2%

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

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

$105,286

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATASHA WEDDLE	PRESIDENT &	40.00	Officer	$101,237	$4,049	$105,286
BRYAN MARTIN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
WENDY THOMPSON	VICE BOARD C	1.00	Officer Director	$0	$0	$0
AMANDA KOLESARIC	SECRETARY	1.00	Officer Director	$0	$0	$0
KAREN CLARK	TREASURER	1.00	Officer Director	$0	$0	$0
AMANDA FERMSTAD	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNIS MARNEY	BOARD MEMBER	1.00	Director	$0	$0	$0
BECKY MCILLWAIN	BOARD MEMBER	1.00	Director	$0	$0	$0
DONNA ALLEN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARJEAN CODDON	BOARD MEMBER	1.00	Director	$0	$0	$0
MELINDA BALSER	BOARD MEMBER	1.00	Director	$0	$0	$0
NANCY ANNESS	BOARD MEMBER	1.00	Director	$0	$0	$0
NANCY BENSKIN	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM RANKIN	BOARD MEMBER	1.00	Director	$0	$0	$0
DASHAUNDA TURNER	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNFIER LEVINE	BOARD MEMBER	1.00	Director	$0	$0	$0
MARILYN DUBREE	BOARD MEMBER	1.00	Director	$0	$0	$0
MELANIE LOCKETT	BOARD MEMBER	1.00	Director	$0	$0	$0
SAMMI JO SHUTT	BOARD MEMBER	1.00	Director	$0	$0	$0
BROOKE BOSWELL	BOARD 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
2025	No data	No data	No data	No data
2024	$837,909	$728,985	$940,992	$108,924
2023	$595,780	$562,067	$934,798	$33,713
2022	$502,843	$465,150	$292,738	$37,693
2021	$438,257	$414,630	$295,110	$23,627
2020	$469,873	$437,191	$272,683	$32,682
2019	$465,935	$392,589	$177,338	$73,346