Fresh Beginnings Ministries

Nonprofit profile at a glance

EIN
465153625
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Costa Mesa, CA, USA
Phone
7144729634
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Religion Related N.E.C.
Affiliation
Religious (unspecified)

Reported finances

Revenue
$159,938
Expenses
$150,632
Assets
$21,344

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

  • BILL NELSON (Executive Dir.)
  • CATHY NELSON (BOARD MEMBER)
  • TODD MORTON (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fresh beginnings ministries is a faith based non-profit organization which exists to assist and serve people experiencing homelessness or near homelessness. We provide food, training of mentors and personal supportive care to an underserved community.

What it reported doing in 2024

Provided assistance to people in need of basic necessities such as (242,760 meals, that is 28 meals per box, served at 22 locations), 6 people reconnected with their families before covid started,52 families placed in hotels or shelters. 970 christmas toys delivered to families in need, also 570 christmas food boxes. 1029 turkey dinners to needy at thanksgiving. Fbm provided 22 locations with 4,200 picnik packs (1 day of meals) and 3,200 hygiene paks.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 100
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.1%; rating input score 82
  • Program expense ratio: 87.2%; rating input score 87

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 5.8%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 2.2%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 4.6% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 4.6% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: 9.7% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 82.1% of revenue deployed · 87.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $131K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.