New Beginnings Inc
Lewiston, Maine
A-Health Score
76A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$4.1M
Total Revenue
📊
$3.8M
Total Expenses
🏦
$5.1M
Net Assets
📋
$1.2M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+0.3%
Year-over-year change (2022 → 2023)
Net Margin
+6.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.33
Net assets divided by total expenses
Liabilities-to-Assets
18.4%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,107,162 | $3,837,759↑15% | $6,264,114↑1% | — |
| 2022 | $4,094,330↑39% | $3,341,070↑12% | $6,222,797↑25% | — |
| 2021 | $2,943,859↓11% | $2,991,302↓2% | $4,965,912↓2% | — |
| 2020 | $3,307,258↑22% | $3,039,761 | $5,049,320↑5% | — |
| 2019 | $2,704,384↓19% | $3,053,113↑7% | $4,790,832↓8% | — |
| 2018 | $3,346,618↑25% | $2,857,300↑6% | $5,217,105↑11% | — |
| 2017 | $2,671,870↑7% | $2,688,263↑6% | $4,691,724 | — |
| 2016 | $2,486,846↓17% | $2,527,403↓2% | $4,712,518↓1% | — |
| 2015 | $2,990,227↓9% | $2,572,452↑5% | $4,771,179↑4% | — |
| 2014 | $3,276,583↑24% | $2,461,383↑6% | $4,580,268↑30% | — |
| 2013 | $2,646,172↓1% | $2,331,930↓9% | $3,532,649↑10% | — |
| 2012 | $2,671,880↓5% | $2,563,462↓1% | $3,218,278↑5% | — |
| 2011 | $2,811,010 | $2,590,403↑6% | $3,077,140↑16% | — |
| 2010 | $2,801,556 | $2,437,958 | $2,659,496 | — |
Frequently Asked Questions
What does New Beginnings Inc do?▼
New Beginnings Inc is a human services nonprofit organization based in Maine. It is classified under NTEE code P700 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Beginnings Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Beginnings Inc.
How much revenue does New Beginnings Inc generate?▼
New Beginnings Inc reports $1.9M in annual revenue and holds $5.9M in total assets, based on IRS filings.
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