New Beginnings Foundation Inc
- Assets
- $22.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 06/2000
- Data as of
- 12/2020
- EIN
- 61-1363656
Organization Overview
New Beginnings Foundation Inc is located in Louisville, KY. The organization was established in 2000. According to its NTEE Classification (P32) the organization is classified as: Foster Care, 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 Foundation 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 12/2020, New Beginnings Foundation Inc generated $1.1k 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 (45.3%) each year. All expenses for the organization totaled $3.5k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
PLACEMENT OF CHILDREN IN FAMILY FOSTER CARE AND CERTIFICATION OF FAMILY FOSTER HOMES. PROVIDING THE COMMUNITY AND SCHOOLS SUPPORT IN EDUCATION OF "AT RISK" YOUTH AND FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James E Graham Cfo/vp | 40 | $0 | |
Terry Jones Ceo/exec Dir | 40 | $0 | |
Stephen Kirby Board Member | 0 | $0 | |
Brenda Graham Board Member | 0 | $0 | |
Linda Fowler Board Member | 0 | $0 | |
Bridgette Jones Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,077 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,077 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $675 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,824 |
| Total expenses | $3,499 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,614 |
| Other assets | $0 |
| Total assets | $22,614 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,614 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Beginnings Foundation Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spero Family Services Mount Vernon, IL | $7,180,018 | $13,404,846 |
Foster Adopt Connect Inc Independence, MO | $12,161,256 | $8,168,684 |
Cadence Care Network Niles, OH | $3,603,274 | $7,911,630 |
Ohio Teaching-Family Association Swanton, OH | $1,062,390 | $6,784,090 |
Foster Care Coalition Of Greater St Louis Inc St Louis, MO | $5,655,247 | $6,817,874 |
People Places Inc Staunton, VA | $8,658,654 | $6,115,001 |
Children Have Options In Caring Environments Inc Dayton, OH | $1,950,175 | $5,061,139 |
Caring For Kids Inc Cuyahoga Falls, OH | $2,258,086 | $5,059,020 |
Youth Town Of Tennessee Inc Jackson, TN | $4,037,865 | $4,281,456 |
Sojourners Care Network Mcarthur, OH | $2,182,507 | $4,193,596 |
Agape For Youth Inc Dayton, OH | $567,683 | $3,755,664 |
Foundations For Home And Community Inc Portsmouth, VA | $16,558,173 | $4,051,248 |