Civic Intelligence

New Beginnings International Children'S and Family Services

990 • Fiscal year 2016 • EIN 64-0745140

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 03, 2017

PO Box 7055Tupelo, MS 38802

(662) 842-6752

Siviq Scores

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

Liabilities / Assets

65th percentile

0.24x

Higher debt load relative to assets than 65% of similar nonprofits.

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

Liabilities / Revenue

52nd percentile

0.12x

Higher debt load relative to revenue than 52% of similar nonprofits.

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

Net Margin

27th percentile

-6.2%

Higher net margin than 27% of similar nonprofits.

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

Top Officer Pay

54th percentile

$71,610

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

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

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

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

Revenue Growth

25th percentile

-9.2%

Faster revenue growth than 25% of similar nonprofits.

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

Assets

Down

$691,831

Down $84,636 (-11%) from 2015

Net Assets

Down

$524,370

Down $90,481 (-15%) from 2015

Liabilities

Up

$167,461

Up $5,845 (+3.6%) from 2015

Revenue

Down

$1,450,287

Down $146,223 (-9.2%) from 2015

Expenses

Up

$1,540,768

Up $62,511 (+4.2%) from 2015

Net Income

Down

-$90,481

Down $208,734 (-177%) 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: $676,927Liabilities 2011: $204,206Net Assets 2011: $472,7212011Assets 2012: $658,345Liabilities 2012: $242,470Net Assets 2012: $415,8752012Assets 2013: $659,583Liabilities 2013: $220,707Net Assets 2013: $438,8762013Assets 2014: $701,272Liabilities 2014: $201,841Net Assets 2014: $499,4312014Assets 2015: $776,467Liabilities 2015: $161,616Net Assets 2015: $614,8512015Assets 2016: $691,831Liabilities 2016: $167,461Net Assets 2016: $524,3702016Assets 2017: $660,892Liabilities 2017: $161,577Net Assets 2017: $499,3152017Assets 2018: $619,838Liabilities 2018: $273,424Net Assets 2018: $346,4142018Assets 2019: $843,429Liabilities 2019: $259,694Net Assets 2019: $583,7352019Assets 2020: $1,033,029Liabilities 2020: $243,506Net Assets 2020: $789,5232020Assets 2021: $1,113,349Liabilities 2021: $224,217Net Assets 2021: $889,1322021Assets 2022: $1,385,080Liabilities 2022: $198,321Net Assets 2022: $1,186,7592022Assets 2023: $1,355,486Liabilities 2023: $171,361Net Assets 2023: $1,184,1252023Assets 2024: $1,361,472Liabilities 2024: $158,313Net Assets 2024: $1,203,1592024

Highlighted filing

2016

Assets$691,831
Liabilities$167,461
Net Assets$524,370

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,050,9582011Expenses 2012: $1,139,0782012Revenue 2013: $1,187,725Expenses 2013: $1,166,278Net Income 2013: $21,4472013Revenue 2014: $1,225,977Expenses 2014: $1,164,715Net Income 2014: $61,2622014Revenue 2015: $1,596,510Expenses 2015: $1,478,257Net Income 2015: $118,2532015Revenue 2016: $1,450,287Expenses 2016: $1,540,768Net Income 2016: -$90,4812016Revenue 2017: $1,555,724Expenses 2017: $1,580,779Net Income 2017: -$25,0552017Revenue 2018: $1,325,755Expenses 2018: $1,478,656Net Income 2018: -$152,9012018Revenue 2019: $1,463,045Expenses 2019: $1,225,724Net Income 2019: $237,3212019Revenue 2020: $1,323,104Expenses 2020: $1,117,316Net Income 2020: $205,7882020Revenue 2021: $1,220,043Expenses 2021: $1,114,816Net Income 2021: $105,2272021Revenue 2022: $1,769,652Expenses 2022: $1,472,025Net Income 2022: $297,6272022Revenue 2023: $1,540,467Expenses 2023: $1,505,598Net Income 2023: $34,8692023Revenue 2024: $1,551,349Expenses 2024: $1,532,315Net Income 2024: $19,0342024

Highlighted filing

2016

Revenue$1,450,287
Expenses$1,540,768
Net Income-$90,481
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 3, 2017
Return Version
2016v3.0
Gross Receipts
$1,450,287
Mission and Program Overview

Mission

To promote life and new beginnings for children, birthmothers, and families through parenting education and adoption.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$595,578$582,026▼ $13,552
Cash and Non-Interest-Bearing Accounts$150,003$77,509▼ $72,494
Investments in Publicly Traded Securities$30,886$32,296▲ $1,410
Total Assets$776,467$691,831▼ $84,636
Liabilities
Mortgage Notes Payable Secured by Investment Property$124,476$107,981▼ $16,495
Unsecured Notes Loans Payable$37,140$59,480▲ $22,340
Total Liabilities$161,616$167,461▲ $5,845
Net Assets / Fund Balance
Unrestricted Net Assets$614,851$523,770▼ $91,081
Temporarily Rstr Net Assets-$600-
Total Net Assets Fund Balance$614,851$524,370▼ $90,481
Total Liabilities and Net Assets / Fund Balance$776,467$691,831▼ $84,636

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$582,026$429,847$1,011,873
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tom VelieExecutive DiFT$71,610$71,610
Debbie VelieClient ServiFT$50,436$50,436

Board Members and Trustees

NameTitle
Jay CarneyBoard Chairm
Bill RosserChairman
Andrea BlaylockVice Chair
Anthony MooreBoard Member
Brian BowmanBoard Member
Bs ColeBoard Member
Crystal JonesBoard Member
David TiptonBoard Member
James DruryBoard Member
Jelaine LumpkinBoard Member
Jeremy GuzmanBoard Member
John SmelserBoard Member
Kent ElliotBoard Member
Lana ThompsonBoard Member
Lorena PopeBoard Member
Matthew PopeBoard Member
Rodney WeekleyBoard Member
Shannon DillonBoard Member
Stephen DruryBoard Member
Steve BurzynkiBoard Member
Tonya FarmerBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$581,481
Program Service Revenue
$867,303
Investment Income
$1,503
Other Revenue
$0
All Other Contributions
$581,481
Change in Net Assets
$-90,481

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,450,287
Total Revenue per Audited Statements
$1,450,287
Total Revenue per Form 990
$1,450,287
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$878,145
Salaries, Compensation, and Employee Benefits$662,623
Total Fundraising Expense$295,766
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$438,357$41,636$90,925$570,918
Fees for Services Other$100,452$20,669$25,824$146,945
Advertising$97,922-$47,236$145,158
All Other Expenses$95,662$10,606$20,164$126,432
Travel$55,834$20,104$14,049$89,987
Occupancy$47,198$12,886$4,529$64,613
Other Employee Benefits$29,172$19,884$675$49,731
Other Expenses$31,194$5,751$5,751$42,696
Payroll Taxes$31,773$3,539$6,662$41,974
Depreciation Depletion$26,703$13,053-$39,756
Insurance$28,117$2,670$5,832$36,619
Interest$12,584$3,179$2,782$18,545
Conferences and Meetings$12,396$3,023-$15,419
Total Functional Expenses$1,077,159$167,843$295,766$1,540,768

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,540,768
Total Expenses per Audited Statements$1,540,768
Total Expenses per Form 990$1,540,768
International Activity

International Summary

Offices
1
Employees
4

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaProgram ServicesOrphanage Operations14-
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Tom velie debbie velie president client servs spouse

Form 990, Page 6, Part VI, Line 11B

The 990 return is sent in pdf format to all board members for their review with a request for comments. A discussion of the 990 is also included on an agenda for the board meeting.

Form 990, Page 6, Part VI, Line 15A

The board uses data from child welfare league of america, the mississippi center for non-profits and other comparable organizations in order to determine compensation for the executive director.

Form 990, Page 6, Part VI, Line 15B

The board uses data from child welfare league of america, the mississippi center for non-profits and other comparable organizations to determine compensation for other officers or key employees.

Form 990, Page 6, Part VI, Line 19

Statements advising that governing documents, conflict of interest policies and form 990 are available upon request are included in all newsletters, brochures and fund raising materials.

Filing and Contact Details

Filer

Filer Name
New Beginnings International
EIN
64-0745140
Phone
6628426752
Address
PO BOX 7055, TUPELO, MS 38802

Signing Officer

Name
Tom Velie
Title
Executive Director
Phone
6628426752
Signed
2017-10-03

Organization Details

Principal Officer
Tom Velie
Formed
1989
Legal Domicile
Ms
Voting Board Members
21
Independent Board Members
21
Employees
28

Preparer

Firm
Nail Mckinney Professional Association
Address
PO BOX 64 204 SOUTH MAIN STREET, S AMORY, MS 38821-4218
Preparer
Rodney V Summerford CPA
Phone
6622565603
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

The review process has not changed from prior years. This question was accidentally marked incorrectly. The organization's board of directors maintain oversight of the audit process and audited financial statements.

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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.$1.36$0.16$1.20$1.55$1.53$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.36$0.17$1.18$1.54$1.51$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.39$0.20$1.19$1.77$1.47$0.30
2021Detailed filing. Detailed filing data is available for this year.$1.11$0.22$0.89$1.22$1.11$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.03$0.24$0.79$1.32$1.12$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.84$0.26$0.58$1.46$1.23$0.24
2018Detailed filing. Detailed filing data is available for this year.$0.62$0.27$0.35$1.33$1.48$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.66$0.16$0.50$1.56$1.58$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.69$0.17$0.52$1.45$1.54$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.78$0.16$0.61$1.60$1.48$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.70$0.20$0.50$1.23$1.16$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.66$0.22$0.44$1.19$1.17$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.24$0.42$1.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.20$0.47$1.05