New Beginnings Centers Of Hope Inc
- Assets
- $74.1k
- Revenue
- $321.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Valley Stream, NY
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 26-3504865
Organization Overview
New Beginnings Centers Of Hope Inc is located in Valley Stream, NY. The organization was established in 2011. According to its NTEE Classification (E42) the organization is classified as: Family Planning, under the broad grouping of Health Care and related organizations. As of 12/2021, New Beginnings Centers Of Hope Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Beginnings Centers Of Hope Inc 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 12/2021, New Beginnings Centers Of Hope Inc generated $321.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $279.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE EDUCATE, SUPPORT, AND EMPOWER WOMEN AND FAMILIES FACING PREGNANCY DECISIONS IN NEW YORK CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREGNANCY HELP CENTER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alecia Jones President | OfficerTrustee | 35 | $85,000 |
Frederick Towles Treasurer | OfficerTrustee | 5 | $0 |
Beverly Sherrod Chairperson | OfficerTrustee | 5 | $0 |
Michelle Townsend Board Member | Trustee | 5 | $0 |
Renee Freeman Board Member | Trustee | 5 | $0 |
Azeran Cameron Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $295,196 |
| Noncash contributions included in lines 1a–1f | $13,850 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $295,196 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $321,156 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,000 |
| Compensation of current officers, directors, key employees. | $17,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,989 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,408 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $80 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,535 |
| Office expenses | $4,346 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,906 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,218 |
| Insurance | $20,469 |
| All other expenses | $10,492 |
| Total functional expenses | $279,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,607 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,168 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $46,288 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $74,063 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $73,477 |
| Net assets with donor restrictions | $586 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $74,063 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that New Beginnings Centers Of Hope Inc has recieved totaling $148,138.
| Awarding Organization | Amount |
|---|---|
The Fuller Foundation Pasadena, CA PURPOSE: GENERAL SUPPORT | $65,000 |
Hope For New York New York, NY PURPOSE: Refer to Part IV | $50,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $19,122 |
Knights Of Columbus Charities Inc New Haven, CT PURPOSE: DONATION TO PROMOTE THE CULTURE OF LIFE PROGRAM | $14,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Planned Parenthood Of Greater New York Inc New York, NY | $138,615,292 | $57,887,996 |
Planned Parenthood Of Southern New England Inc New Haven, CT | $77,636,187 | $62,159,072 |
New Jersey Family Planning League Inc Newark, NJ | $1,033,883 | $32,895,445 |
Planned Parenthood Of Northern Central And Southern New Jersey In Morristown, NJ | $27,019,550 | $35,272,946 |
Planned Parenthood Of Northern New England Colchester, VT | $22,872,061 | $26,087,298 |
Planned Parenthood Of Central And Western New York Inc Rochester, NY | $25,449,715 | $27,572,308 |
Planned Parenthood League Of Massachusetts Inc Boston, MA | $44,512,297 | $26,641,276 |
Planned Parenthood Hudson Peconic Inc Elmsford, NY | $57,145,650 | $21,311,896 |
Family Health Council Of Central Pa Inc Camp Hill, PA | $4,658,964 | $19,570,108 |
Planned Parenthood Southeastern Pa Philadelphia, PA | $30,834,041 | $14,622,289 |
Planned Parenthood Mohawk Hudson Inc Schenectady, NY | $0 | $14,505,509 |
Accessmatters Philadelphia, PA | $4,925,089 | $15,906,310 |