New Beginning Intl Training Center
- Assets
- $4.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- 02/1992
- Data as of
- 12/2022
- EIN
- 23-2832749
Organization Overview
New Beginning Intl Training Center is located in Newark, DE. The organization was established in 1992. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. New Beginning Intl Training Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, New Beginning Intl Training Center generated $35.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $43.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Holland President | 40 | $31,950 | |
Mary Holland Vice Pres | 40 | $0 | |
Richard Stillwell Secretary | 0 | $0 | |
Richard Keane Director | 0 | $0 | |
Joye Keane Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,498 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8 |
| Total Revenue | $35,446 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,950 |
| Professional fees and other payments to independent contractors | $2,075 |
| Occupancy, rent, utilities, and maintenance | $3,644 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,606 |
| Total expenses | $43,275 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,222 |
| Other assets | $0 |
| Total assets | $4,537 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,537 |