New Beginnings Resource Center is located in Summersville, WV. The organization was established in 2019. 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 Resource 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 Resource Center generated $24.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.0%) each year. All expenses for the organization totaled $35.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTED BOXES OF FOOD THROUGHOUT 9 COUNTIES IN WEST VIRGINIA. SERVED AN AVERAGE OF 160 FAMILIES PER MONTH WITH FOOD AND CLOTHING ITEMS.
PROVIDE CHRISTMAS GIFTS TO OVER 200 FAMILIES WITH DISABILITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
R Stacy Dingess President | 10 | $0 | |
Lane Acree Vice President | 8 | $0 | |
Jason Groves Secretary | 6 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $24,673 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $24,673 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $5,446 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $8,160 |
Total operating and administrative expenses | $13,606 |
Contributions, gifts, grants paid | $21,437 |
Total expenses and disbursements | $35,043 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $28,572 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $5,362 |
Total assets | $33,934 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, we have identified 1 grants that New Beginnings Resource Center has recieved totaling $0.
Awarding Organization | Amount |
---|---|
Nicholas County Communityfoundation Inc Summersville, WV | | $0 |
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