New Beginnings Church of Orlando In
Nonprofit profile at a glance
- EIN
- 473769023
- IRS 990 coverage
- 2015–2016
- Forms available
- Form 990 2016
- Location
- Orlando, FL, USA
- Phone
- 4072770454
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $428,609
- Expenses
- $639,104
- Assets
- $1,642,008
- Liabilities
- $596,159
Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- PASTOR HOWARD HARRISON (PASTOR & CEO)
Highest reported compensation
- PASTOR HOWARD HARRISON (PASTOR & CEO): $62,062 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide teaching and a worship experience for the community of believers in the city of orlando, fl.
What it reported doing in 2016
To provide a teaching and a worship experience for the community of believers in the city of orlando, fl.
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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 41
- Transparency & Controls: 90
- Accountability: 5
- Sustainability: 28
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48.1%; rating input score 48
- Program expense ratio: 32.3%; rating input score 32
- Fundraising efficiency: $7.52 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 6th percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -49.1%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 2.57; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 0.36; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 9.7%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 71.5% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 106.5% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: -10.6% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 48.1% of revenue deployed · 32.3% of spending went to programs
- Governance: 0 of 21 board members independent · 1 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $206K in reported program spending
- Leadership: top reported pay $62K · 2 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2015 to 2016
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Independent voting board scored 0/100.
- Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
- Moderate — Financial Efficiency: Program expense ratio scored 32/100.
- High — Accountability: Governance controls: 6 of 7 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 34/100.
- High — Sustainability: Operating margin scored 5/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.