Civic Intelligence

New Beginning for Special Needs Inc.

990 • Fiscal year 2017 • EIN 81-2550940

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 12, 2018

63 Stonehurst DrTenafly, NJ 07670

(201) 328-4566

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

96th percentile

75%

Higher net margin than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

97th percentile

374%

Faster asset growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

95th percentile

155%

Faster revenue growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$29,227

Up $23,057 (+374%) from 2016

Net Assets

Up

$29,227

Up $23,057 (+374%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$30,796

Up $18,696 (+155%) from 2016

Expenses

Up

$7,739

Up $1,809 (+31%) from 2016

Net Income

Up

$23,057

Up $16,887 (+274%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2016: $6,170Liabilities 2016: $0Net Assets 2016: $6,1702016Assets 2017: $29,227Liabilities 2017: $0Net Assets 2017: $29,2272017Assets 2018: $25,838Liabilities 2018: $92Net Assets 2018: $25,7462018Assets 2019: $21,730Liabilities 2019: $0Net Assets 2019: $21,7302019Assets 2020: $31,230Liabilities 2020: $0Net Assets 2020: $31,2302020Assets 2021: $33,840Liabilities 2021: $4,747Net Assets 2021: $29,0932021Assets 2022: $68,711Liabilities 2022: $11,595Net Assets 2022: $57,1162022Assets 2023: $345,675Liabilities 2023: $196,235Net Assets 2023: $149,4402023Assets 2024: $348,063Liabilities 2024: $142,754Net Assets 2024: $205,3092024

Highlighted filing

2017

Assets$29,227
Liabilities$0
Net Assets$29,227

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2016: $12,100Expenses 2016: $5,930Net Income 2016: $6,1702016Revenue 2017: $30,796Expenses 2017: $7,739Net Income 2017: $23,0572017Revenue 2018: $20,228Expenses 2018: $23,709Net Income 2018: -$3,4812018Revenue 2019: $22,983Expenses 2019: $26,999Net Income 2019: -$4,0162019Revenue 2020: $15,247Expenses 2020: $5,747Net Income 2020: $9,5002020Revenue 2021: $135,683Expenses 2021: $137,820Net Income 2021: -$2,1372021Revenue 2022: $361,719Expenses 2022: $333,696Net Income 2022: $28,0232022Revenue 2023: $507,983Expenses 2023: $415,659Net Income 2023: $92,3242023Revenue 2024: $631,679Expenses 2024: $575,810Net Income 2024: $55,8692024

Highlighted filing

2017

Revenue$30,796
Expenses$7,739
Net Income$23,057
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 12, 2018
Return Version
2017v2.3
Gross Receipts
$30,796
Mission and Program Overview

Mission

New beginning for special needs, inc. Is to provide care services to whom needs special care.

New beginning for special needs, inc. Is to provide various care services to whom needs special care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,170$19,073▲ $12,903
Investments in Publicly Traded Securities-$10,154-
Total Assets$6,170$29,227▲ $23,057
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$6,170$29,227▲ $23,057
Total Net Assets Fund Balance$6,170$29,227▲ $23,057
Total Liabilities and Net Assets / Fund Balance$6,170$29,227▲ $23,057
Compensation and Service Providers

Board Members and Trustees

NameTitle
Haejoong ChangPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$30,796
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$23,057
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,739
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$6,110--$6,110
Advertising$831--$831
Office Expenses$572--$572
Insurance$226--$226
Total Functional Expenses$7,739$0$0$7,739
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Form 990, Part VII

There is no officer, director, employee get paid during 2017.

Filing and Contact Details

Filer

Filer Name
New Beginning for Special Needsinc
EIN
81-2550940
Phone
2013284566
Address
63 STONEHURST DR, TENAFLY, NJ 07670

Signing Officer

Name
Haejoong Chang
Title
President
Phone
2013284566
Signed
2018-04-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Haejoong Chang
Formed
2016
Legal Domicile
Nj
Voting Board Members
1
Independent Board Members
1
Employees
0

Preparer

Firm
William Kim CPA LLC
Address
375 SYLVAN AVE STE 24, ENGLEWOOD CLIFFS, NJ 07632-2706
Preparer
Sung Whan Kim
Phone
2018718701
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

CAMP EXPENSES 6,110 0 0

Raw XML Appendix230 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AdvertisingGrp/TotalAmt0831
IRS990/BooksInCareOfDetail/PersonNm0HAEJOONG CHANG
IRS990/BooksInCareOfDetail/PhoneNum02013284566
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/FormationYr02016
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IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToIndividualsInd0false
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IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt030796
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IRS990/InsuranceGrp/ProgramServicesAmt0226
IRS990/InsuranceGrp/TotalAmt0226
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010154
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt030796
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt06170
IRS990/NetAssetsOrFundBalancesEOYAmt029227
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt0572
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IRS990/OfficerMailingAddressInd0false
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IRS990/Organization501c3Ind0X
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IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01629
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IRS990/PYContributionsGrantsAmt012100
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IRS990/PYOtherExpensesAmt05930
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IRS990/PYTotalExpensesAmt05930
IRS990/PYTotalRevenueAmt012100
IRS990/ReconcilationRevenueExpnssAmt023057
IRS990/RelatedEntityInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
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IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt042896
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt030796
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt042896
IRS990ScheduleA/TotalSupportAmt042896
IRS990/ScheduleBRequiredInd0false
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IRS990/ScheduleORequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE IS NO OFFICER, DIRECTOR, EMPLOYEE GET PAID DURING 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CAMP EXPENSES 6,110 0 0
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IRS990/VotingMembersGoverningBodyCnt01
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02013284566
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-12
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ReturnHeader/Filer/EIN0812550940
ReturnHeader/Filer/PhoneNum02013284566
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ReturnHeader/FilingSecurityInformation/IPTm016:27:11
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813971544
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAM KIM CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0375 SYLVAN AVE STE 24
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ENGLEWOOD CLIFFS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0076322706
ReturnHeader/PreparerPersonGrp/PhoneNum02018718701
ReturnHeader/PreparerPersonGrp/PreparationDt02018-04-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUNG WHAN KIM
ReturnHeader/ReturnTs02018-04-12T17:27:11-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings