New Beginnings
- Assets
- $39.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olney, MD
- Founding
- 11/1981
- Data as of
- 12/2022
- EIN
- 52-1228623
Organization Overview
New Beginnings is located in Olney, MD. The organization was established in 1981. According to its NTEE Classification (P46) the organization is classified as: Family Counseling, 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 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 generated $24.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $32.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Randolph Treasurer; Executive Director | 45 | $16,142 | |
Richard Rieman President | 3 | $0 | |
Craig E Durkin Vice President; Facilitator Training | 3 | $0 | |
Cecilia Snyder Director Of Outreach | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,862 |
| Total Program Service Revenue | $5,449 |
| Membership dues | $0 |
| Investment income | $553 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,864 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,583 |
| Professional fees and other payments to independent contractors | $175 |
| Occupancy, rent, utilities, and maintenance | $7,295 |
| Printing, publications, postage, and shipping | $87 |
| Other expenses | $3,635 |
| Total expenses | $32,775 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,109 |
| Other assets | $0 |
| Total assets | $39,109 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,109 |