New Beginnings RCF Inc

Nonprofit profile at a glance

EIN
061725407
IRS 990-PF coverage
2014–2023
Forms available
Form 990-PF 2023
Location
Pineville, SC, USA
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Residential Care & Adult Day Programs

Reported finances

Revenue
$0
Expenses
$78,002

Source: IRS Form 990-PF. Selected filing: tax year 2023. Amounts in USD.

Overview

Mission

Residential Care & Adult Day Programs

What it reported funding in 2023

The foundation reported 6 grants totaling $26,009. The stated grant purpose was charitable.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this foundation funds its work.
Distribution model
No current program activity. The filing reports no charitable disbursements for the current year.

The verdict

REVIEW - The filing identifies who received its grants. A relatively small share of spending goes to grants and assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 33
  • Transparency: 100
  • Compliance: 50
  • Endowment Health: 7

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 33.3%; rating input score 33; 49th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 6; rating input score 100

Endowment Health

  • Endowment-health comparison: 0; rating input score 7; 7th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: Filed payout detail
  • Trustees: Filed trustees detail
  • Investments: 7th percentile for endowment coverage
  • Consistency: 6 of 6 current checks pass
  • Filing history: 10 filing years from 2014 to 2023
  • Contacts: How to reach this organization
  • Money network: 6 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.

  • Moderate — Cost Efficiency: Grant expense ratio scored 33/100.
  • High — Endowment Health: Endowment-health comparison scored 7/100.