New Beginnings Family Academy Inc
Bridgeport, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,844,759↓2% | $8,107,306↓8% | $5,899,969↓9% | |
| 2022 | $8,034,593↓1% | $8,787,714↑19% | $6,463,052↓7% | — |
| 2021 | $8,124,878↑18% | $7,371,170↓3% | $6,914,685↓1% | — |
| 2020 | $6,859,099↑3% | $7,631,641↑7% | $7,003,786↑6% | — |
| 2019 | $6,686,383↓4% | $7,154,662↓3% | $6,612,687↓7% | — |
| 2018 | $6,929,932↓5% | $7,359,359↓5% | $7,102,260↑31% | — |
| 2017 | $7,277,876↓2% | $7,713,041↑3% | $5,417,444↓5% | — |
| 2016 | $7,436,166↓4% | $7,475,704↑16% | $5,707,984↓1% | — |
| 2015 | $7,707,365↑34% | $6,460,852↑15% | $5,767,076↑17% | — |
| 2014 | $5,746,246↑21% | $5,615,566↑15% | $4,947,366↑16% | — |
| 2013 | $4,731,309↑17% | $4,867,248↑13% | $4,279,990↑1% | — |
| 2012 | $4,059,768↑3% | $4,294,960↑7% | $4,233,549↑5% | — |
| 2011 | $3,947,348 | $4,006,636 | $4,016,450 | — |
Frequently Asked Questions
What does New Beginnings Family Academy Inc do?▼
New Beginnings Family Academy Inc is a education nonprofit organization based in Connecticut. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Beginnings Family Academy Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, New Beginnings Family Academy Inc has a score of 46/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does New Beginnings Family Academy Inc generate?▼
New Beginnings Family Academy Inc reports $9.7M in annual revenue and holds $7.4M in total assets, based on IRS filings.
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