New Beginnings Youth Center
- Assets
- $77.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MD
- Founding
- 07/2000
- Data as of
- 12/2023
- EIN
- 52-2093660
Organization Overview
New Beginnings Youth Center is located in Cambridge, MD. The organization was established in 2000. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Beginnings Youth 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 12/2023, New Beginnings Youth Center generated $185.8k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $165.0k during the year ending 12/2023. While expenses have increased by 11.2% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
OPERATION OF YOUTH AND RECREATIONAL CENTER FOR UNDERPRIVILEGED CHILDREN AND FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael L James Director | 2 | $0 | |
Granville D Young Director | 2 | $0 | |
Donna T James Director | 2 | $0 | |
Toni L Powers Director | 2 | $0 | |
Carlos Wilson President | 2 | $0 | |
Mary R Elliott-Belle Assistant Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,190 |
| Total Program Service Revenue | $30,573 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $185,763 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $106,588 |
| Professional fees and other payments to independent contractors | $6,880 |
| Occupancy, rent, utilities, and maintenance | $30 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,538 |
| Total expenses | $165,036 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,927 |
| Other assets | $0 |
| Total assets | $77,931 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,931 |