New Beginnings Inc
Windsor Mill, Maryland
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $10,331,950↑21% | $8,416,736↑45% | $7,901,280↑80% | |
| 2023 | $8,565,635↑66% | $5,794,893↑43% | $4,382,955↑10% | — |
| 2022 | $5,173,025↓3% | $4,062,628↑27% | $3,970,031↑28% | — |
| 2021 | $5,324,418↑42% | $3,206,778↓3% | $3,094,076↑99% | — |
| 2020 | $3,756,212↑46% | $3,321,407↑40% | $1,557,833↑143% | — |
| 2019 | $2,574,187↑16% | $2,370,103↑20% | $641,894↑114% | — |
| 2018 | $2,217,718↑15% | $1,969,136↓6% | $300,385↑56% | — |
| 2017 | $1,930,720↑10% | $2,093,077↑3% | $192,521↓26% | — |
| 2016 | $1,759,384↑28% | $2,030,353↑50% | $261,150↓7% | — |
| 2015 | $1,376,357 | $1,352,048 | $280,684 | — |
Frequently Asked Questions
What does New Beginnings Inc do?▼
New Beginnings Inc is a human services nonprofit organization based in Maryland. It is classified under NTEE code P99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Beginnings Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, New Beginnings Inc has a score of 76/100 (Grade: A-). 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 Inc generate?▼
New Beginnings Inc reports $10.1M in annual revenue and holds $8.3M in total assets, based on IRS filings.
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