New Encounters Inc
- Assets
- $244.2k
- Revenue
- $512.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Corsicana, TX
- Founding
- 05/1992
- Data as of
- 12/2022
- EIN
- 75-2409126
Organization Overview
New Encounters Inc is located in Corsicana, TX. The organization was established in 1992. 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 12/2022, New Encounters Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Encounters 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 12/2022, New Encounters Inc generated $512.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $558.5k during the year ending 12/2022. While expenses have increased by 0.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATES A GENERAL RESIDENTIAL OPERATION CENTER FOR CHILDREN WHICH IS OUR EXEMPT PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATES A GENERAL RESIDENTIAL OPERATION CENTER FOR CHILDREN WHICH IS OUR EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert T Tekell Vice President-Treasurer | OfficerTrustee | 45 | $152,000 |
Mike Taylor Secretary | Officer | 0 | $0 |
Ray Mcleod President | Officer | 0 | $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 | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $501,995 |
| Investment income | $840 |
| 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 | $512,835 |
| 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. | $152,000 |
| Compensation of current officers, directors, key employees. | $50,160 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,369 |
| Pension plan accruals and contributions | $9,094 |
| Other employee benefits | $0 |
| Payroll taxes | $24,966 |
| Fees for services: Management | $2,158 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,269 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,522 |
| Travel | $125 |
| 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 | $17,400 |
| Insurance | $16,108 |
| All other expenses | $0 |
| Total functional expenses | $558,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,789 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $36,961 |
| Net Land, buildings, and equipment | $113,435 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $244,185 |
| Accounts payable and accrued expenses | $9,942 |
| 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 | $9,942 |
| Net assets without donor restrictions | $0 |
| 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 | $234,243 |
| Total liabilities and net assets/fund balances | $244,185 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Encounters Inc has recieved totaling $30,050.
| Awarding Organization | Amount |
|---|---|
North Texas Food Bank Plano, TX PURPOSE: HUNGER RELIEF | $30,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunny Glen Childrens Home San Benito, TX | $13,498,844 | $44,265,453 |
Buckner Children And Family Services Inc Dallas, TX | $63,214,189 | $46,854,596 |
Youth Development Inc Albuquerque, NM | $6,538,635 | $31,021,565 |
The Safe Alliance Austin, TX | $11,714,788 | $29,431,817 |
Tresco Inc Las Cruces, NM | $11,408,298 | $25,903,649 |
Mission Road Developmental Center San Antonio, TX | $26,258,889 | $16,711,904 |
United Methodist Childrens Home Inc Little Rock, AR | $23,403,200 | $9,139,789 |
New Horizons Ranch And Center Inc Abilene, TX | $7,433,052 | $14,838,988 |
James L West Presbyterian Special Care Center Fort Worth, TX | $13,990,432 | $11,986,456 |
Carc Inc Carlsbad, NM | $9,451,276 | $12,194,382 |
Broadway Services Inc New Orleans, LA | $6,344,122 | $11,011,243 |
Oakwood Retirement Village Inc Enid, OK | $6,058,575 | $10,557,285 |