New Beginnings Educational Center
- Assets
- $47.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 09/2012
- Data as of
- 12/2022
- EIN
- 45-4407956
Organization Overview
New Beginnings Educational Center is located in Montgomery, AL. The organization was established in 2012. According to its NTEE Classification (P40) the organization is classified as: Family Services, 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 Educational 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 Educational Center generated $87.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $86.4k during the year ending 12/2022. While expenses have increased by 9.9% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AFTER-SCHOOL AND SUMMER TUTORING AND MENTORING SERVICES FOR LOW-INCOME STUDENTS IN GRADES PRE-K THROUGH 12, FOUR TIMES A WEEK THROUGHOUT THE SCHOOL YEAR AND FOUR TIMES A WEEK FOR A MONTH DURING THE SUMMER, SO THAT THE PARTICIPANTS WILL SUCCEED IN SCHOOL AND LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zina Wiggins President | 10 | $0 | |
Mildred Inge Wakefield Secretary | 15 | $0 | |
Richard Amberg Treasurer | 2 | $0 | |
Randy Anderson Director | 1 | $0 | |
Ron Handy Director | 1 | $0 | |
Michelle Mallard Crawford Executive Director | 24 | $18,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,618 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,825 |
| Total Revenue | $87,443 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,905 |
| Professional fees and other payments to independent contractors | $19,802 |
| Occupancy, rent, utilities, and maintenance | $15,713 |
| Printing, publications, postage, and shipping | $8 |
| Other expenses | $19,923 |
| Total expenses | $86,351 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,514 |
| Other assets | $0 |
| Total assets | $47,003 |
| Total liabilities | $299 |
| Net assets or fund balances | $46,704 |