New Beginnings Community Development Corporation

Nonprofit profile at a glance

EIN
721451305
IRS 990 coverage
2010–2015
Forms available
Form 990 2015, Form 990-EZ 2013, Form 990-N 2007
Location
Port Allen, LA, USA
Phone
2257495033
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development
Affiliation
Christianity

Reported finances

Revenue
$280,704
Expenses
$334,486
Assets
$77,267
Liabilities
$106,723

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • OWEN COPE (President)
  • BRANDON BROWN (Vice President)

Highest reported compensation

  • ISONEL BROWN (Executive Direc): $17,300 total reported compensation
  • VELMA LENOIR (Director): $2,527 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of new beginnings community development corporation is to cultivate social and economic development in west baton rouge parish Louisiana. The goal of new beginnings is to improve the quality of life in the community by providing educational support, life skills training, and enrichment and growth opportunities for youth and their families.

What it reported doing in 2015

New beginnings successfully implemented its 21st century community learning center that provided academic and enrichment opportunities during non-school hours for students enrolled at the lowest performing schools in port allen, Louisiana. Our broad services included comprehensive, high quality afterschool and summer camp programs.new beginnings provided 240 students with year-round services that included homework assistance, tutoring, test preparation, visual and performing arts, recreation, drug and alcohol prevention services, and other wellness programs. The analysis of report card grades and standardized test scores show that our students are improving and core academic areas such as reading and math.

Operating model

Revenue model
Grant-funded. 95% of the money available for current operations came from government grants.
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 a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 100
  • Accountability: 90
  • Sustainability: 16
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.4%; rating input score 83
  • Program expense ratio: 70%; rating input score 70
  • Fundraising efficiency: Limited

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: 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: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -19.2%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 1.38; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 5.9%; rating input score 39; 39th percentile among comparable filings

Growth

  • Program expense growth: -9.5% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -20.7% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -6.5% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 83.4% of revenue deployed · 70% of spending went to programs
  • Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $234K in reported program spending
  • Leadership: top reported pay $17K · 5 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2010 to 2015
  • Contacts: How to reach this organization
  • Money network: 3 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • Moderate — Sustainability: Officer compensation ratio scored 39/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.