New Beginnings Mai Am Inc
- Assets
- $125.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 11/2008
- Data as of
- 12/2023
- EIN
- 61-1540767
Organization Overview
New Beginnings Mai Am Inc is located in Beverly Hills, CA. The organization was established in 2008. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Beginnings Mai Am Inc 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 Mai Am Inc generated $12.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $27.9k during the year ending 12/2023. 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
CONTRIBUTION WAS MADE TO MAI AM TINH THUONG (NON PROFIT ORGANIZATION) TO ESTABLISH AND SUPPORT AN ORPHANAGE IN VIETNAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike My Lehoang President & CEO | 0 | $0 | |
Dzung Lehoang Treasurer | 0 | $0 | |
Jennifer Lehoang Director | 0 | $0 | |
Caroline Lehoang Director | 0 | $0 | |
David Lehoang Director | 0 | $0 | |
Kien Luong Nguyen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,085 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,362 |
| Gain or Loss | $245 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,692 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,308 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,564 |
| Total expenses | $27,872 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,019 |
| Other assets | $0 |
| Total assets | $125,019 |
| Total liabilities | $0 |
| Net assets or fund balances | $125,019 |