A NEW BEGINNING STARTS NOW

EIN: 921737330 501(c)(3) Youth Development

WESTCHESTER, IL

Total Revenue
$237,876
Total Expenses
$237,876
Total Assets
$173,073
Net Assets
$50
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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
2023
Legal Domicile
IL
Phone
7083330634
Tax Period
2024-02-01 to 2025-01-31

A NEW BEGINNING STARTS NOW, founded in 2023, is a small nonprofit in the Youth Development sector that reported $238K in total revenue in fiscal year 2024.

Mission

CREATED IN 2023 THAT IS COMMITTED TO UPLIFTING UNDERSERVED COMMUNITIES AND EMPOSERING YOUTH AFFECTED BY VIOLENCE IN THE CHICAGOLAND AREA. THROUGH SPACES AND IMPACTFUL MENTORING, WE PROVIDE OPPORTUNITIES FOR GROWTH IN STEM EDUCATION, VOCATIONAL TRAINING, ESSENTIAL LIFE SKILLS, AND JOB READINESS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $237,876
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $237,876

Expense Breakdown

Grants Paid $0
Salaries & Benefits $88,460
Fundraising Expenses $779
Program Expenses $230,061
Other Expenses $149,416
TOTAL EXPENSES $237,876

Year-over-Year Comparison

2024 2023 Change
Revenue $237,876 N/A N/A
Expenses $237,876 N/A N/A
Net Income $0 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

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Governance

Voting Members
2
Independent Members
2
Employees
2
Volunteers
5

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAPHEAL POWELL Director 0.00
Director
$0 $0 $0
GEOFFREY POWELL President 0.00
Officer
$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 $237,876 $237,876 $173,073 No data
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