Overview
What is New Beginnings Life Changing Network Inc?
New Beginnings Life Changing Network Inc, located at 729 Piedmont Avenue NE, Atlanta, GA 30308, is a nonprofit organization dedicated to empowering economically disadvantaged children, youth, and families. Their mission involves offering essential social service support, enabling these individuals to transform their lives and attain self-sufficiency. Through their work, they aim to foster positive changes in the lives of their clients, helping them overcome their current situations and reach their full potential. With a team of 17 dedicated professionals, New Beginnings Life Changing Network Inc plays a significant role in uplifting and strengthening families in need.
Official website here: www.newbeginningsfostercare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
New Beginnings Life Changing Network Inc has received a 77% rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The charity has a solid score in various financial metrics, indicating that it is effectively managing its resources. Notably, it earns full points for its independent board composition, financial statement audits, and policies on conflict of interest and document retention.
While the organization's overall score is commendable, there are areas for improvement. The absence of a whistleblower policy has resulted in a score of zero in that category, which could raise concerns about internal accountability. Additionally, its liabilities to assets ratio is relatively high at 78.93%, suggesting potential financial risk that could impact its long-term sustainability.
Overall, New Beginnings Life Changing Network Inc demonstrates strong financial practices and governance, but addressing the missing whistleblower policy and managing liabilities could enhance its performance and trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is New Beginnings Life Changing Network Inc legitimate?
New Beginnings Life Changing Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Beginnings Life Changing Network Inc 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: $40,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $184,799
For more financial information, click here
Official website here: www.newbeginningsfostercare.com
What is the mission statement of New Beginnings Life Changing Network Inc?
New Beginnings Life Changing Network Inc's mission is centered around supporting economically disadvantaged youth and their families. The organization's primary goal is to offer them a chance at a fresh start, encouraging positive decisions that will empower them to overcome their current circumstances and strive towards their future goals. By providing essential social service support, New Beginnings aims to help these individuals become self-sufficient and independent. The organization's mission is to foster resilience, optimism, and determination in the lives of those it serves, ultimately enabling them to reach their full potential.
Official website here: www.newbeginningsfostercare.com
Who is the CEO of New Beginnings Life Changing Network Inc?
Nicole J Harris is the President/Executive Dir of New Beginnings Life Changing Network Inc.
Official website here: www.newbeginningsfostercare.com
What is the revenue of New Beginnings Life Changing Network Inc?
New Beginnings Life Changing Network Inc's revenue in 2022 was $1,429,889.
Official website here: www.newbeginningsfostercare.com
Who are the executives of New Beginnings Life Changing Network Inc and what are their salaries?
The average compensation at New Beginnings Life Changing Network Inc during 2022 was $13,271. There are 17 employees at New Beginnings Life Changing Network Inc.
Here are 11 key members and their salaries:
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Official website here: www.newbeginningsfostercare.com
Where can I find the form 990 for New Beginnings Life Changing Network Inc?
New Beginnings Life Changing Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newbeginningsfostercare.com
Learn more at the official website: www.newbeginningsfostercare.com
Mission Statement of New Beginnings Life Changing Network Inc
New Beginnings Life Changing Network Inc is dedicated to empowering economically disadvantaged children, youth, and families. Their mission is to provide these individuals with a chance at a new beginning, encouraging them to make positive life-changing decisions. This organization aims to help them rise above their current situations, ultimately enabling them to become self-sufficient. By offering needed social service support, New Beginnings Life Changing Network Inc seeks to foster strength and resilience within the community, paving the way for a brighter future.
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Impact
July, 2024
New Beginnings Life Changing Network Inc has a significant impact on the lives of economically disadvantaged children, youth, and families in Atlanta, GA. By providing support and opportunities for these individuals, the organization is helping them create positive life changes and empowering them to reach their full potential. Through their work, New Beginnings is not only offering a chance at a new beginning but also encouraging and guiding individuals towards making impactful decisions that can lead them to a brighter future. This assistance ultimately helps in building a stronger, more self-sufficient community.
This information is meant to be a general summary of New Beginnings Life Changing Network Inc. 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: $1,354,659
- Gross Receipts: $1,429,889
Assets and Liabilities:
- Total Assets: $680,902
- Total Liabilities: $537,437
- Net Assets: $143,465
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Foster Care Services
Revenue
$1,354,659
Organization Details
Founding Year
2004
Phone
(404) 298-0888Principal Officer
Nicole J Harris
Main Address
729 Piedmont Avenue NE, Atlanta, GA, 30308
NTEE Category
Code: B90 - Education
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