Overview
What is New Beginnings Center For Children And Families In?
New Beginnings Center for Children and Families is a nonprofit organization situated in Hazard, Kentucky, specifically at 151 Miss Edna Lane. Their primary focus is on child development, offering pre-school education, daycare, and after-school care to an average of 48 children daily. This service extends to children from various counties in Kentucky, including Perry, Knott, Leslie, Brethitt, and Letcher. The center maintains a four-star rating in Kentucky's Quality Rating and Improvement System, STARS for KIDS NOW. The organization's mission is to invest in the children and their families, nurturing and supporting them to cultivate a lifelong love of learning. They strive to create an environment that encourages growth and development, fostering a strong foundation for the children's future. With a dedicated team of 36 employees, New Beginnings Center for Children and Families is committed to making a positive impact on the lives of the children and families it serves.
Official website here: www.newbeginningshazard.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating.
The New Beginnings Center for Children and Families has received a low score of 58%, indicating significant concerns regarding its accountability and financial management. The organization notably lacks independent board members, which raises questions about governance and oversight. Furthermore, it has not provided financial statements, limiting transparency for potential donors and stakeholders.
Despite these challenges, the organization shows some positive attributes, such as a strong program expense ratio of 81.51%, which suggests that a large portion of its expenses is directed towards program services. Additionally, it has a low liabilities to assets ratio of 31.02%, indicating a relatively stable financial position in terms of debt management.
However, the absence of crucial policies like conflict of interest and whistleblower protections is concerning, as these are essential for maintaining integrity and trust. Overall, while the New Beginnings Center demonstrates a commitment to its services, significant improvements in governance and financial transparency are necessary for enhancing its overall accountability.
This AI summary has been generated from information found on Charity Navigator.
Is New Beginnings Center For Children And Families In legitimate?
New Beginnings Center For Children And Families In is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Beginnings Center For Children And Families In submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $44,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $405,983
For more financial information, click here
Official website here: www.newbeginningshazard.org/
What is the mission statement of New Beginnings Center For Children And Families In?
The New Beginnings Center for Children and Families is committed to investing in children and their families. Their mission is to foster a lifelong love of learning in children by providing a nurturing and supportive environment. They achieve this through their various services, including pre-school education, day care, and after-school care, serving children from several Kentucky counties. The center has earned a four-star rating in Kentucky's Quality Rating and Improvement System, STARS for KIDS NOW, recognizing its high-quality services.
Official website here: www.newbeginningshazard.org/
Who is the CEO of New Beginnings Center For Children And Families In?
Jennifer Cornett is the Executive Director of New Beginnings Center For Children And Families In.
Official website here: www.newbeginningshazard.org/
What is the revenue of New Beginnings Center For Children And Families In?
New Beginnings Center For Children And Families In's revenue in 2022 was $1,058,670.
Official website here: www.newbeginningshazard.org/
Who are the executives of New Beginnings Center For Children And Families In and what are their salaries?
The average compensation at New Beginnings Center For Children And Families In during 2022 was $12,500. There are 36 employees at New Beginnings Center For Children And Families In.
Here are 12 key members and their salaries:
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Official website here: www.newbeginningshazard.org/
Where can I find the form 990 for New Beginnings Center For Children And Families In?
New Beginnings Center For Children And Families In's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newbeginningshazard.org/
Learn more at the official website: www.newbeginningshazard.org/
Mission Statement of New Beginnings Center For Children And Families In
New Beginnings Center for Children and Families is committed to investing in the future of children and their families. Their mission is to foster a lifelong love of learning in children by providing a nurturing and supportive environment. This nonprofit organization goes beyond education, offering pre-school, day care, and after-school care to an average of 48 children daily. They serve communities in Perry, Knott, Leslie, Brethitt, and Letcher counties, Kentucky, and are recognized for their dedication with a four-star rating in Kentucky's Quality Rating and Improvement System, STARS for KIDS NOW. This rating is a testament to their commitment to providing high-quality care and education to the children they serve.
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Impact
July, 2024
The impact of New Beginnings Center For Children And Families In is evident in the lives of the children and families it serves. By providing preschool education, daycare, and after-school care to an average of 48 children per day, this organization is nurturing and preparing young minds for a lifelong love of learning. Their work extends to children from various counties in Kentucky, ensuring that a wide range of communities benefit from their services. Additionally, their four-star rating in Kentucky's Quality Rating and Improvement System demonstrates their commitment to maintaining high standards of care and education. The center's efforts in investing in children and families create a positive and supportive environment that contributes to the overall development and well-being of the community.
This information is meant to be a general summary of New Beginnings Center For Children And Families In. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $764,096
- Gross Receipts: $1,058,670
Assets and Liabilities:
- Total Assets: $1,797,458
- Total Liabilities: $581,461
- Net Assets: $1,215,997
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE PROGRAM
Revenue
$764,096
Organization Details
Founding Year
1976
Principal Officer
Jennifer Cornett
Main Address
151 MISS EDNA LANE, Hazard, KY, 41701
Website
www.newbeginningshazard.org/NTEE Category
Code: P280 - Human services
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