New Beginnings Educational Center
- Assets
- $45.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 09/2012
- Data as of
- 12/2021
- EIN
- 45-4407956
Organization Overview
New Beginnings Educational Center is located in Montgomery, AL. The organization was established in 2012. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Beginnings Educational 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 12/2021, New Beginnings Educational Center generated $104.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $69.1k during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
AFTER-SCHOOL AND SUMMER TUTORING AND MENTORING SERVICES FOR LOW-INCOME STUDENTS IN GRADES PRE-K THROUGH 12, FOUR TIMES A WEEK THROUGHOUT THE SCHOOL YEAR AND FOUR TIMES A WEEK FOR A MONTH DURING THE SUMMER, SO THAT THE PARTICIPANTS WILL SUCCEED IN SCHOOL AND LIFE. MUCH OF THIS WORK IN 2021 WAS ONLINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Perdale Johnson Key Employee | 24 | $18,000 | |
Joanne Shum Vice President | 5 | $0 | |
Destiny Williams Director | 1 | $0 | |
Phelps Reid Treasurer | 3 | $0 | |
Michelle Mallard Crawford Director | 2 | $0 | |
Randy Anderson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,137 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,354 |
| Total Revenue | $104,491 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,961 |
| Professional fees and other payments to independent contractors | $14,545 |
| Occupancy, rent, utilities, and maintenance | $14,015 |
| Printing, publications, postage, and shipping | $46 |
| Other expenses | $12,486 |
| Total expenses | $69,053 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,698 |
| Other assets | $0 |
| Total assets | $45,698 |
| Total liabilities | $86 |
| Net assets or fund balances | $45,612 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that New Beginnings Educational Center has recieved totaling $17,500.
| Awarding Organization | Amount |
|---|---|
Daniel Foundation Of Alabama Birmingham, AL PURPOSE: CHARITABLE | $10,000 |
Working Womans Home Association Inc Montgomery, AL PURPOSE: FOR TUTORING AND MENTORING STUDENTS GRADES PRE-K-12 | $5,000 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Murphy-Harpst Childrens Centers Inc Cedartown, GA | $8,054,234 | $10,353,326 |
Family And Childrens Service Nashville, TN | $12,864,767 | $8,385,396 |
Family Resources Inc Pinellas Park, FL | $8,866,537 | $8,265,618 |
The Florida Center For Early Childhood Inc Sarasota, FL | $2,719,988 | $7,574,277 |
Families First Inc Atlanta, GA | $16,902,074 | $9,104,630 |
Family Christian Association Of America Inc Miami, FL | $4,255,033 | $5,887,176 |
Sheridan House Family Ministriesinc Davie, FL | $1,801,600 | $6,029,913 |
Exchange Club-Carl Perkins Center For The Prevention Of Child Abuse Jackson, TN | $7,537,122 | $5,962,731 |
The Family Resource Center Of North Mississippi Inc Tupelo, MS | $1,328,351 | $3,907,789 |
Family & Children Faith Coalition Inc Miami, FL | $832,102 | $4,249,325 |
Conexian Americas Nashville, TN | $11,041,784 | $6,735,722 |
A Kids Place Of Tampa Bay Brandon, FL | $7,192,457 | $4,501,766 |