New Beginnings Org is located in Wilmington, DE. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Beginnings Org 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 Org generated $156.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $143.6k during the year ending 12/2022. While expenses have increased by 7.6% per year over the past 3 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.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $156,247 |
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 | $156,247 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $44,901 |
Professional fees and other payments to independent contractors | $1,375 |
Occupancy, rent, utilities, and maintenance | $4,294 |
Printing, publications, postage, and shipping | $1,000 |
Other expenses | $92,048 |
Total expenses | $143,618 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,424 |
Other assets | $0 |
Total assets | $36,213 |
Total liabilities | $0 |
Net assets or fund balances | $36,213 |
Over the last fiscal year, we have identified 1 grants that New Beginnings Org has recieved totaling $1,400.
Awarding Organization | Amount |
---|---|
Rita Bhandari Memorial Foundation Corp Miamii, FL PURPOSE: CHARITABLE | $1,400 |
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