New Beginnings Incorporation New Beginnings Transitional Services

Nonprofit profile at a glance

EIN
264716135
IRS 990-EZ coverage
2019–2021
Forms available
Form 990-EZ 2021, Form 990-N 2018
Location
Las Vegas, NV, USA
Rating confidence
Limited
Sector
Homeless Shelters

Reported finances

Revenue
$102,969
Expenses
$102,968
Assets
$108,695
Liabilities
$102,968

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Dr Kay Lumas (President-CEO)

People named in this filing

  • Dr Kay Lumas (President-CEO)
  • Dr Niesje J Van Heusden (VP Mental Health Services)
  • Mr Harold Baldwin (VP Housing)

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of our organization is to relieve homelessness and food insecurity in the military community i.e. we help veterans especially the homeless active-duty service members the national guard and reservists.

What it reported doing in 2021

Our main program service is the Rapid Re-housing- Rental Assistance Program. In 2021 we assisted eighteen households with rent assistance. The goals of the program are as follows: To transition military families from streets shelters and transitional housing into a permanent housing. To address stability issues experienced by homeless displaced disabled aging and post-incarcerated military veterans by helping them remain in permanent housing. To assist individuals and families in achieving greater self-determination after housing assistance

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Sustainability: 37
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 0%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 1.06; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0.95; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: -133% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: 7.3% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 99.1% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2019 to 2021
  • Contacts: How to reach this organization
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 26/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.