New Beginnings Youth Center
- Assets
- $57.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MD
- Founding
- 07/2000
- Data as of
- 12/2022
- EIN
- 52-2093660
Organization Overview
New Beginnings Youth Center is located in Cambridge, MD. The organization was established in 2000. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Beginnings Youth 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 Beginnings Youth Center generated $166.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $150.4k during the year ending 12/2022. While expenses have increased by 11.4% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATION OF YOUTH AND RECREATIONAL CENTER FOR UNDERPRIVILEGED CHILDREN AND FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Stafford Executive Director | 40 | $47,424 | |
Michael L James Director | 2 | $0 | |
Chadocia Green Mckight Director | 2 | $0 | |
Granville D Young Director | 2 | $0 | |
Toni L Powers Director | 2 | $0 | |
Carlos Wilson President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,420 |
| Total Program Service Revenue | $36,021 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $166,441 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $93,691 |
| Professional fees and other payments to independent contractors | $4,794 |
| Occupancy, rent, utilities, and maintenance | $257 |
| Printing, publications, postage, and shipping | $77 |
| Other expenses | $51,574 |
| Total expenses | $150,393 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,557 |
| Other assets | $0 |
| Total assets | $57,591 |
| Total liabilities | $387 |
| Net assets or fund balances | $57,204 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Beginnings Youth Center has recieved totaling $23,250.
| Awarding Organization | Amount |
|---|---|
Mid-Shore Community Foundation Inc Easton, MD PURPOSE: PROGRAMS AND COVID-19 RELIEF | $23,250 |
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|---|---|---|
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Asae Research Foundation Washington, DC | $26,488,111 | $1,430,947 |
Vagabond Missions Pittsburgh, PA | $2,255,998 | $3,415,879 |
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Police Athletic League Of Philadelphia Philadelphia, PA | $10,939,935 | $2,944,872 |
Great Falls-Reston Soccer Club Great Falls, VA | $1,898,429 | $2,810,731 |
Leaders Of Tomorrow Youth Center Inc Owings Mills, MD | $477,801 | $1,453,303 |
Police Athlethic League Of Wilmington Inc Wilmington, DE | $4,573,617 | $2,286,989 |
Little Lights Urban Ministries Washington, DC | $2,707,367 | $1,941,038 |
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