Civic Intelligence

New Beginnings Life Changing Network Inc

990 • Fiscal year 2016 • EIN 61-1477558

Jan 01, 2016 to Dec 31, 2016 • Filed on May 11, 2017

100 Edgewood Avenue Room 1530Atlanta, GA 30303

(404) 298-0888

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.80x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

57th percentile

0.15x

Higher debt load relative to revenue than 57% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

42nd percentile

0.1%

Higher net margin than 42% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

99th percentile

346%

Faster asset growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

70th percentile

14%

Faster revenue growth than 70% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$308,988

Up $239,661 (+346%) from 2015

Net Assets

Up

$60,318

Up $2,088 (+3.6%) from 2015

Liabilities

Up

$248,670

Up $237,573 (+2141%) from 2015

Revenue

Up

$1,628,721

Up $195,935 (+14%) from 2015

Expenses

Up

$1,626,633

Up $200,010 (+14%) from 2015

Net Income

Down

$2,088

Down $4,075 (-66%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $39,279Liabilities 2011: $6,754Net Assets 2011: $32,5252011Assets 2012: $62,066Liabilities 2012: $6,340Net Assets 2012: $55,7262012Assets 2013: $56,159Liabilities 2013: $5,347Net Assets 2013: $50,8122013Assets 2014: $64,505Liabilities 2014: $12,438Net Assets 2014: $52,0672014Assets 2015: $69,327Liabilities 2015: $11,097Net Assets 2015: $58,2302015Assets 2016: $308,988Liabilities 2016: $248,670Net Assets 2016: $60,3182016Assets 2018: $101,258Liabilities 2018: $10,898Net Assets 2018: $90,3602018Assets 2019: $105,543Liabilities 2019: $4,201Net Assets 2019: $101,3422019Assets 2020: $216,329Liabilities 2020: $83,435Net Assets 2020: $132,8942020Assets 2021: $724,318Liabilities 2021: $581,163Net Assets 2021: $143,1552021Assets 2022: $680,902Liabilities 2022: $537,437Net Assets 2022: $143,4652022Assets 2023: $1,014,742Liabilities 2023: $873,831Net Assets 2023: $140,9112023Assets 2024: $608,366Liabilities 2024: $496,943Net Assets 2024: $111,4232024

Highlighted filing

2016

Assets$308,988
Liabilities$248,670
Net Assets$60,318

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $969,353Expenses 2011: $960,961Net Income 2011: $8,3922011Expenses 2012: $970,9662012Revenue 2013: $1,447,391Expenses 2013: $1,452,264Net Income 2013: -$4,8732013Revenue 2014: $1,473,702Expenses 2014: $1,472,447Net Income 2014: $1,2552014Revenue 2015: $1,432,786Expenses 2015: $1,426,623Net Income 2015: $6,1632015Revenue 2016: $1,628,721Expenses 2016: $1,626,633Net Income 2016: $2,0882016Revenue 2018: $2,242,807Expenses 2018: $2,233,443Net Income 2018: $9,3642018Revenue 2019: $2,176,815Expenses 2019: $2,165,833Net Income 2019: $10,9822019Revenue 2020: $2,149,757Expenses 2020: $2,118,205Net Income 2020: $31,5522020Revenue 2021: $1,469,283Expenses 2021: $1,459,022Net Income 2021: $10,2612021Revenue 2022: $1,429,889Expenses 2022: $1,429,579Net Income 2022: $3102022Revenue 2023: $1,461,466Expenses 2023: $1,491,148Net Income 2023: -$29,6822023Revenue 2024: $920,209Expenses 2024: $1,021,210Net Income 2024: -$101,0012024

Highlighted filing

2016

Revenue$1,628,721
Expenses$1,626,633
Net Income$2,088
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 11, 2017
Return Version
2016v3.0
Gross Receipts
$1,628,721
Mission and Program Overview

Mission

Strengthening youth and their families by providing them a chance at a new beginning while encouraging positive, life-changing decisions that will empower them to reach their destiny despite their current situations.

Strengthening youth and their families by providing them a chance at a new beginning while encouraging positive life changing decisions that will empower them to reach their destiny despite their current situations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$52,061$284,787▲ $232,726
Land, Buildings, and Equipment, Net$17,442$12,438▼ $5,004
Cash and Non-Interest-Bearing Accounts$-6,579$5,360▲ $11,939
Total Assets$69,327$308,988▲ $239,661
Other Assets Total$6,403$6,403→ $0
Liabilities
Accounts Payable and Accrued Expenses$11,097$248,670▲ $237,573
Total Liabilities$11,097$248,670▲ $237,573
Net Assets / Fund Balance
Unrestricted Net Assets$58,230$60,318▲ $2,088
Total Net Assets Fund Balance$58,230$60,318▲ $2,088
Total Liabilities and Net Assets / Fund Balance$69,327$308,988▲ $239,661

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$12,438$39,447$51,885
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,097
Program Service Revenue
$1,626,624
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,097
Change in Net Assets
$2,088
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,373,697
Salaries, Compensation, and Employee Benefits$252,936
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,017,559--$1,017,559
Other Salaries and Wages$218,670--$218,670
Occupancy$99,643--$99,643
Fees for Services Management-$55,000-$55,000
Office Expenses$48,387--$48,387
Travel$34,681--$34,681
Conferences and Meetings$20,428--$20,428
Payroll Taxes$19,590--$19,590
Other Employee Benefits$14,676--$14,676
Information Technology$12,678--$12,678
Advertising$7,772--$7,772
Insurance$7,487--$7,487
Fees for Services Legal$5,800--$5,800
Fees for Services Accounting$5,200--$5,200
Depreciation Depletion$5,003--$5,003
Other Expenses$527--$527
Interest$18--$18
Total Functional Expenses$1,571,633$55,000$0$1,626,633
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

The President/Executive Director and the Director of Operations are husband and wife.

Form 990, Part VI, Section A, Line 3

It was voted by the Board to have the management of the company performed by Harris Global Enterprise, LLC - a related organization.

Form 990, Part VI, Section B, Line 11B

On a quarterly basis, the organizations overall finances are reviewed by the governing body. The Executive Director signs the final copy after approval.

Form 990, Part VI, Section B, Line 12C

As the board members term is renewed, they must sign and complete the organizations conflict of interest policy and disclose any interest that could give rise to potential conflicts.

Form 990, Part VI, Section B, Line 15AB

At the annual officers meeting, all compensations are discussed and voted on.

Form 990, Part VI, Section C, Line 19

Our governing policies, conflict of interest policy, and financial statements via Form 990 are all made available to all requesting parties within 30 days of written request.

Filing and Contact Details

Filer

Filer Name
New Beginnings Life Changing Network Inc
EIN
61-1477558
Phone
4042980888
Address
100 Edgewood Avenue Room 1530, Atlanta, GA 30303

Signing Officer

Name
Nicole J Harris
Title
PresidentExecutive Director
Signed
2017-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole J Harris
Formed
2004
Legal Domicile
Ga
Voting Board Members
12
Independent Board Members
10
Employees
27
Volunteers
8

Preparer

Firm
France Accounting Group Inc
Address
2451 Cumberland Parkway 3802, Atlanta, GA 30339
Preparer
A Michelle France
Phone
7709138335
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Foster parents 829,487 Contractors 188,072

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IRS990/PYSalariesCompEmpBnftPaidAmt0264832
IRS990/PYTotalExpensesAmt01426623
IRS990/PYTotalRevenueAmt01432786
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02088
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01626624
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01628721
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01432786
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01473702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01447391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0994167
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06976767
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt06976767
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01628721
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01432786
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01473702
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01447391
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0994167
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06976767
IRS990ScheduleA/TotalSupportAmt06976767
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012438
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt039447
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt051885
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012438
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Foster parents 829,487 Contractors 188,072
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The President/Executive Director and the Director of Operations are husband and wife.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2It was voted by the Board to have the management of the company performed by Harris Global Enterprise, LLC - a related organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3On a quarterly basis, the organizations overall finances are reviewed by the governing body. The Executive Director signs the final copy after approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4As the board members term is renewed, they must sign and complete the organizations conflict of interest policy and disclose any interest that could give rise to potential conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5At the annual officers meeting, all compensations are discussed and voted on.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Our governing policies, conflict of interest policy, and financial statements via Form 990 are all made available to all requesting parties within 30 days of written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IX, Line 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15AB
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0270931732
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Management Firm
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Harris Global Enterprises LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0455 Westbourne Drive
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Tyrone
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd030290
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt055000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Market Value
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Harris Global Enterprises LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0m
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt069327
IRS990/TotalAssetsEOYAmt0308988
IRS990/TotalAssetsGrp/BOYAmt069327
IRS990/TotalAssetsGrp/EOYAmt0308988
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02097
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055000
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01571633
IRS990/TotalFunctionalExpensesGrp/TotalAmt01626633
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011097
IRS990/TotalLiabilitiesEOYAmt0248670
IRS990/TotalLiabilitiesGrp/BOYAmt011097
IRS990/TotalLiabilitiesGrp/EOYAmt0248670
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt058230
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt060318
IRS990/TotalProgramServiceExpensesAmt01571633
IRS990/TotalProgramServiceRevenueAmt01626624
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01628721
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt069327
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0308988
IRS990/TravelGrp/ProgramServicesAmt034681
IRS990/TravelGrp/TotalAmt034681
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0true
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt058230
IRS990/UnrestrictedNetAssetsGrp/EOYAmt060318
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 Edgewood Avenue
IRS990/USAddress/CityNm0Atlanta
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030303
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt010

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.61$0.50$0.11$0.92$1.02$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.87$0.14$1.46$1.49$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.54$0.14$1.43$1.43$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.58$0.14$1.47$1.46$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.08$0.13$2.15$2.12$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.00$0.10$2.18$2.17$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.01$0.09$2.24$2.23$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.31$0.25$0.06$1.63$1.63$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.06$1.43$1.43$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.06$0.01$0.05$1.47$1.47$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.06$0.01$0.05$1.45$1.45$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.01$0.06$0.97
2011Summary only. Only limited summary data is available for this year.$0.04$0.01$0.03$0.97$0.96$0.01
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