New Beginings Center
- Assets
- $934.8k
- Revenue
- $595.8k
- Investments
- $0.0
- Employees
- 17
- Location
- Nashville, TN
- Founding
- 11/2011
- Data as of
- 06/2023
- EIN
- 90-0751722
Organization Overview
New Beginings Center is located in Nashville, TN. The organization was established in 2011. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 06/2023, New Beginings Center employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Beginings 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 06/2023, New Beginings Center generated $595.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $562.1k during the year ending 06/2023. While expenses have increased by 7.7% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE TENNESSEE HEALTH STATISTICS WITH A TARGETED FOCUS ON WOMEN'S HEALTH NEEDS BY PROVIDING ACCESS TO WELLNESS PROGRAMS, STRENGTH TRAINING, PHYSICAL AND NUTRITIONAL EDUCATION, AND PERSONAL COACHING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEW BEGINNINGS CENTER (TNBC) SECURED FUNDING FROM OVER 15 FOUNDATIONS, 26 ORGANIZATIONS, 22 CORPORATIONS AND HUNDREDS OF INDIVIDUALS. WE WILL CONTINUE TO GROW OUR DONOR BASE BY DEMONSTRATING SUSTAINABLE WELLNESS OUTCOMES. OUR MISSION IS TO ADDRESS HEALTH CARE DISPARITIES AND IMPROVE THE OBESITY STATISTICS IN NASHVILLE BY OFFERING WOMEN A HOLISTIC AND INDIVIDUALIZED APPROACH TO DEVELOPING HEALTHY LIFESTYLES. WE OFFER WOMEN AND TEENAGE GIRLS, REGARDLESS OF INCOME, GROUP WELLNESS EDUCATION CLASSES THAT COVER A VARIETY OF TOPICS INCLUDING NUTRITION AND COOKING, SELF- ACTUALIZATION, AND BEHAVIOR MODIFICATION. TNBC'S CLASSES ARE FOCUSED ON COACHING WOMEN AND TEENAGE GIRLS IN THEIR JOURNEY TO BUILD A HEALTHY MIND, BODY, AND IMPROVED QUALITY OF LIFE. TNBC PROVIDED THOUSANDS OF HOURS OF SERVICE TO OVER 630 WOMEN IN THE 2022-2023 FISCAL YEAR. GRADUATES, ON AVERAGE, EXPERIENCE A 7% CHANGE IN BODY COMPOSITION AS THEY LOSE 4% OF THEIR BODY FAT MASS AND GAIN 3% IN MUSCLE MASS. MORE THAN 40% OF WOMEN TAKING PRESCRIPTION MEDICATIONS WHEN THEY JOIN TNBC, HAVE STOPPED OR DECREASED THE AMOUNT OF PRESCRIPTION MEDICATION FOR OBESITY RELATED DISEASE. 100% HAVE REPORTED IMPROVED CONFIDENCE AND SELF CONCEPT, 94% HAVE IMPROVED KNOWLEDGE OF NUTRITIONAL CONCEPTS, 95% OF CLIENTS REPORT THAT TNBC HAD A POSITIVE INFLUENCE ON THEIR FAMILY AND FRIENDS, AND 100% OF GRADUATES HAVE IMPROVED STRENGTH AND MOBILITY. TNBC CONTINUES TO FORM PARTNERSHIPS AND EXPLORE COLLABORATIVE OPPORTUNITIES WITH OTHER NON-PROFIT ORGANIZATIONS, MNPS, PHYSICIANS, CLINICS, CORPORATIONS AND FOUNDATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natasha Weddle President & | Officer | 40 | $88,297 |
Bryan Martin Board Chair | OfficerTrustee | 1 | $0 |
Wendy Thompson Vice Board C | OfficerTrustee | 1 | $0 |
Amanda Kolesaric Secretary | OfficerTrustee | 1 | $0 |
Karen Clark Treasurer | OfficerTrustee | 1 | $0 |
Amy Sullivan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $222,467 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $250,932 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $473,399 |
| Total Program Service Revenue | $114,320 |
| Investment income | $1,707 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$356 |
| Net Income from Fundraising Events | $6,710 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $595,780 |
| 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. | $96,270 |
| Compensation of current officers, directors, key employees. | $3,626 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,950 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,209 |
| Payroll taxes | $21,348 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,737 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,308 |
| Advertising and promotion | $0 |
| Office expenses | $23,952 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $166,887 |
| Travel | $1,223 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $597 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,971 |
| Insurance | $9,766 |
| All other expenses | $0 |
| Total functional expenses | $562,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168,306 |
| Savings and temporary cash investments | $152,572 |
| 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 | $2,000 |
| Net Land, buildings, and equipment | $24,544 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $587,376 |
| Total assets | $934,798 |
| Accounts payable and accrued expenses | $10,408 |
| 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 | $18,900 |
| Other liabilities | $607,552 |
| Total liabilities | $636,860 |
| Net assets without donor restrictions | $290,438 |
| Net assets with donor restrictions | $7,500 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $934,798 |