New Beginnings Center of Hope Inc

Nonprofit profile at a glance

EIN
263504865
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-EZ 2018, Form 990-N 2017
Location
Valley Stream, NY, USA
Phone
7188089735
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Family Planning Centers

Official website

Reported finances

Revenue
$263,475
Expenses
$231,028
Assets
$73,671
Liabilities
$2,692

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

Leadership & pay

6 people listed

Executive titles in this filing

  • Alecia Jones (CEO)
  • Beverly Sherrod (Board President)

Highest reported compensation

  • Alecia Jones (CEO): $85,000 total reported compensation

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

Overview

Mission

To Empower Women, Save Lives, and Strengthen Families by inspiring and equipping women and men experiencing unplanned pregnancy to make informed, empowered, life-affirming choices for themselves and their unborn children.

What it reported doing in 2024

New Beginnings Center of Hope is a Christocentric 501 c 3 non profit organization fueled by faith and hope employing education, relevant practical help, and spiritual resources to inspire, equip and empower women and men experiencing unplanned pregnancy to make empowered, informed, life-affirming choices for themselves and their unborn children. Since our grand opening in 2017, 1445 women seeking assistance with an unexpected pregnancy called our crisis line or scheduled appointments. They received digital resources to support their pregnancy decision-making process and attended visits across our three core programs, Affirm, Advance, and Abundance. Utilizing the comprehensive pregnancy decision and pregnancy decision support services NBCOH provides has led to the empowerment of 812 women and 45 men to make life-affirming choices for themselves and their unborn children, and an increasing number of families flourishing in New York.

Operating model

Revenue model
Donor-supported. 100% 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.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 40
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.9%; rating input score 54
  • Program expense ratio: 61.5%; rating input score 61
  • Fundraising efficiency: $5.51 raised per $1 spent on fundraising; rating input score 24; 24th 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 12.3%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.32; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 36.8%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 37% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 10.2% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: -3.3% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 53.9% of revenue deployed · 61.5% of spending went to programs
  • Governance: 6 of 6 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $142K in reported program spending
  • Leadership: top reported pay $85K · 6 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • High — Financial Efficiency: Fundraising efficiency scored 24/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.