New Life Beginnings Inc
- Assets
- $759.6k
- Revenue
- $510.2k
- Investments
- $0.0
- Employees
- 8
- Location
- Long Beach, CA
- Founding
- 01/1988
- Data as of
- 06/2021
- EIN
- 33-0082011
Organization Overview
New Life Beginnings Inc is located in Long Beach, CA. The organization was established in 1988. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2021, New Life Beginnings Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Life Beginnings 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 06/2021, New Life Beginnings Inc generated $510.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $589.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 6 years. 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
PROVIDE SERVICES TO PREGNANT WOMEN
Describe the Organization's Program Activity:
Part 3 - Line 4a
MATERNITY HOME SERVICING OVER 100 HOMELESS WOMEN AND THEIR CHILDREN. THE PROGRAM PROVIDES THEM WITH FOOD, CLOTHING, SHELTER, COUNSELING, CAREER EDUCATION, JOBS AND ADOPTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Younger President | OfficerTrustee | 60 | $72,000 |
Ashley Younger Director | Trustee | 60 | $60,000 |
Mary Ann Barnes Director | Trustee | 2 | $0 |
John Edmond Director | Trustee | 2 | $0 |
Javier Mendoza Director | Trustee | 2 | $0 |
Al Stone Director | Trustee | 2 | $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 | $264,575 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $264,575 |
| 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 | $133,095 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $510,170 |
| 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. | $132,000 |
| Compensation of current officers, directors, key employees. | $88,004 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,228 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $36,622 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,166 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,150 |
| Advertising and promotion | $0 |
| Office expenses | $1,518 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $153,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,751 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,428 |
| Insurance | $17,723 |
| All other expenses | $8,723 |
| Total functional expenses | $589,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,855 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,209 |
| 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 | $636,519 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $759,583 |
| Accounts payable and accrued expenses | $120,124 |
| 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 | $147,904 |
| Total liabilities | $268,028 |
| Net assets without donor restrictions | $491,555 |
| Net assets with donor restrictions | $0 |
| 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 | $759,583 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that New Life Beginnings Inc has recieved totaling $3,125.
| Awarding Organization | Amount |
|---|---|
The Loftus Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
Doty Family Foundation Inc Rolling Hills, CA PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home Of Guiding Hands Corporation El Cajon, CA | $31,185,720 | $29,774,572 |
Sacramento Childrens Home Sacramento, CA | $42,542,720 | $26,909,453 |
Counseling Research & Associates Inc Gardena, CA | $3,260,285 | $19,660,484 |
The Village Family Services Inc North Hollywood, CA | $7,166,025 | $19,058,945 |
Community Access Services Ii Inc Beaverton, OR | $5,671,988 | $17,110,675 |
Sierra Vista Child & Family Services Modesto, CA | $6,718,060 | $17,221,429 |
Star View Children And Family Services Inc Long Beach, CA | $12,283,820 | $17,902,778 |
Ori Anuenue Hale Inc Wahiawa, HI | $21,651,305 | $12,406,463 |
Eggleston Youth Centers Inc Irwindale, CA | $7,341,173 | $14,410,118 |
A Better Way Inc Berkeley, CA | $6,054,265 | $13,305,608 |
Maryvale Rosemead, CA | $45,638,495 | $16,300,784 |
Alvord-Taylor Inc Springfield, OR | $6,113,057 | $12,320,840 |