New Beginnings Ministry Inc is located in Port Arthur, TX. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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 Ministry 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 12/2021, New Beginnings Ministry Inc generated $99.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $108.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Henry Holland Exec. Director | 40 | $14,285 | |
Rev Beverly Holland Admin.dir./secr. | 40 | $14,285 | |
Rev Russell Hall Vice President | 0.01 | $0 | |
Rev Jason Holland President | 0.01 | $0 | |
Rev Timothy Franklin Treasurer | 0.01 | $0 | |
Rev Fred Duncan Board Member | 0.01 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $96,738 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $2,382 |
Other Revenue | $0 |
Total Revenue | $99,120 |
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 | $28,569 |
Occupancy, rent, utilities, and maintenance | $776 |
Printing, publications, postage, and shipping | $2,228 |
Other expenses | $76,559 |
Total expenses | $108,132 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,846 |
Other assets | $0 |
Total assets | $32,688 |
Total liabilities | $20,940 |
Net assets or fund balances | $11,748 |
Over the last fiscal year, we have identified 2 grants that New Beginnings Ministry Inc has recieved totaling $14,258.
Awarding Organization | Amount |
---|---|
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $14,253 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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