Good Beginnings Inc
Nonprofit profile at a glance
- EIN
- 223096726
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022
- Location
- West Lebanon, NH, USA
- Phone
- 6032989524
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $156,519
- Expenses
- $168,410
- Assets
- $496,248
- Liabilities
- $17,486
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- NANCY JOHNSON (CO-PRESIDENT)
Highest reported compensation
- KAREN MORTON (EXECUTIVE DI): $51,537 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Good beginnings' mission is to serve local families with new babies by providing hands-on and virtual support, education and community outreach.
What it reported doing in 2024
Good beginnings provides free assistance to individuals and families with newborns from birth through age 6 months. Good beginnings' programs are available to every family with a new baby in our upper valley region (an approximate 40-mile radius from our west lebanon, nh office), including adoptive and foster families, regardless of income or circumstance of the family. Our services include an in-home volunteer visitor program and an education/support program. Many families engage in our in-home volunteer visitor program, which matches families with a trained volunteer (often living in the same town) who visits once a week for 2-3 hours for three consecutive months to provide much needed respite for parents at a vulnerable time in a family's life. Our education/support programs provide parent educational materials, children's books, emergency financial assistance, emotional support and community connections. We hosted "mud season morning of fun" which was attended by 115 children and parents. This year we started offering moms in our program 3 free group yoga sessions and provided childcare. We also had summer walks and speaker presentations as part of our ongoing education and connections for new parents. This fiscal year good beginnings served 201 families with in- home volunteers for 12 weeks per family, which included 914 visits and over 2,490 volunteer hours. We served 667 adults, 79 first-time moms and 322 children.
Operating model
- Revenue model
- Donor-supported. 83% of the money available for current operations came from contributions and gifts.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 37
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.3%; rating input score 86
- Program expense ratio: 78.5%; rating input score 79
- Fundraising efficiency: $28.77 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -7.6%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 2.95; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 30.6%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -37.1% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: -24.4% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: 3.2% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 86.3% of revenue deployed · 78.5% of spending went to programs
- Governance: 14 of 14 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $132K in reported program spending
- Leadership: top reported pay $52K · 17 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 25/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 11/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.