Overview
What is Beyond New Beginnings?
Beyond New Beginnings is a nonprofit organization situated in Chaska, Minnesota, specifically at 771 Cascade Dr. Their primary mission is to assist and foster the growth of young mothers and their children as they strive for self-sufficiency. They accomplish this by engaging these individuals in the New Beginnings High School Program, further education, or employment opportunities. The nonprofit aims to empower these young mothers to become healthier, active members of their community. In 2022, Beyond New Beginnings served eight more families, supporting various aspects of their lives, including enrolling a mom in college, aiding a family in dealing with custody and childcare issues, and helping another mom secure a full-time job with benefits. They offer weekly skills-building classes and organize events such as Children's Theater visits, Twins games, and holiday activities to enrich the families' experiences.
Official website here: www.beyondnewbeginnings.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star Rating.
Beyond New Beginnings has received a commendable Three-Star rating based on its strong performance in Accountability & Finance. The rating reflects a robust commitment to transparency and governance, highlighted by the presence of an entirely independent board and comprehensive policies regarding conflicts of interest and whistleblower protections. The organization has demonstrated effective oversight with no noted material diversion of assets and proper documentation of board meeting minutes.
The charity's financial health is illustrated by a low liabilities to assets ratio of 1.05%, indicating a strong position. Additionally, the program expense ratio of 66.94% suggests a significant portion of its budget is directed towards its programs, which is a positive sign for its operational effectiveness. However, the program expense ratio is slightly below optimal, indicating potential areas for improvement in maximizing program-related spending.
Overall, Beyond New Beginnings shows a solid commitment to financial accountability and effective governance, which bodes well for its sustainability and impact. Nevertheless, there remains a slight opportunity for enhancement in how funds are allocated towards programs.
This AI summary has been generated from information found on Charity Navigator.
Is Beyond New Beginnings legitimate?
Beyond New Beginnings is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beyond New Beginnings 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: $34,616
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,000
For more financial information, click here
Official website here: www.beyondnewbeginnings.org
What is the mission statement of Beyond New Beginnings?
Beyond New Beginnings' mission is to aid young mothers and their children as they strive for independence, actively engaging in educational programs or employment opportunities. The organization's goal is to empower them to become healthy and active contributors to their community. In 2022, Beyond New Beginnings served eight families, achieving milestones such as enrolling one mother in college and supporting another family in resolving custody and childcare issues. They also offered skill-building classes and provided opportunities for family outings and activities. The participation in Beyond New Beginnings has positively impacted the mothers' lives.
Official website here: www.beyondnewbeginnings.org
Who is the CEO of Beyond New Beginnings?
Molly Koivumaki is the Executive Director of Beyond New Beginnings.
Official website here: www.beyondnewbeginnings.org
What is the revenue of Beyond New Beginnings?
Beyond New Beginnings's revenue in 2022 was $64,844.
Official website here: www.beyondnewbeginnings.org
Who are the executives of Beyond New Beginnings and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.beyondnewbeginnings.org
Where can I find the form 990 for Beyond New Beginnings?
Beyond New Beginnings's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.beyondnewbeginnings.org
Learn more at the official website: www.beyondnewbeginnings.org
Mission Statement of Beyond New Beginnings
Beyond New Beginnings, a nonprofit organization, is dedicated to supporting and empowering young mothers and their children as they strive for independence. The mission of Beyond New Beginnings is to foster an environment that encourages these mothers to actively participate in the New Beginnings High School Program, further their education, or secure employment. This holistic approach aims to equip these young moms with the tools necessary to become healthy, engaged members of their communities. By offering support and nurturing, Beyond New Beginnings facilitates the personal growth and development of these women, enabling them to lead fulfilling lives.
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Impact
August, 2024
Beyond New Beginnings has made a significant impact by supporting and nurturing young moms and their children in gaining independence and actively participating in education or employment opportunities. In 2022, they successfully served 8 families, totaling 8 moms and 11 children. Through their efforts, one mom was enrolled in college, another family received support in navigating custody and childcare issues, and a mom transitioned from a child care aide to a full-time educational aide with benefits and a stable schedule. Additionally, Beyond New Beginnings provided valuable skills building classes and organized various activities for the families, leading to a high rate of positive life experiences reported by the participants. This organization plays a vital role in empowering young moms to be healthy, engaged members of the community in CHASKA, MN.
This information is meant to be a general summary of Beyond New Beginnings. 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.
- Gross Receipts: $64,844
Assets and Liabilities:
- Total Assets: $53,408
- Total Liabilities: $0
- Net Assets: $53,408
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Organization Details
Founding Year
2020
Principal Officer
Molly Koivumaki
Main Address
771 Cascade Dr, Chaska, MN, 55318
Website
www.beyondnewbeginnings.orgNTEE Category
Code: P40 - Human services
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