Civic Intelligence

New Beginings Housing Corporation

990 • Fiscal year 2021 • EIN 86-3291145

Jan 01, 2021 to Dec 31, 2021 • Filed on May 06, 2022

PO Box 121129Clermont, FL 34712

(352) 241-4940

Siviq Scores

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

Liabilities / Assets

36th percentile

0.00x

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

2021 filings • NTEE L • <$500k nonprofits • Source year 2021

Liabilities / Revenue

33rd percentile

0.00x

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

2021 filings • NTEE L • <$500k nonprofits • Source year 2021

Net Margin

95th percentile

95%

Higher net margin than 95% of similar nonprofits.

2021 filings • NTEE L • <$500k nonprofits • Source year 2021

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.

2021 filings • NTEE L • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$298,051

No earlier filing loaded for comparison.

Net Assets

$298,051

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$312,210

No earlier filing loaded for comparison.

Expenses

$14,159

No earlier filing loaded for comparison.

Net Income

$298,051

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2021: $298,051Liabilities 2021: $0Net Assets 2021: $298,0512021Assets 2025: $264,201Liabilities 2025: $0Net Assets 2025: $264,2012025

Highlighted filing

2021

Assets$298,051
Liabilities$0
Net Assets$298,051

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2021: $312,210Expenses 2021: $14,159Net Income 2021: $298,0512021Revenue 2025: $52,951Expenses 2025: $47,186Net Income 2025: $5,7652025

Highlighted filing

2021

Revenue$312,210
Expenses$14,159
Net Income$298,051
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 6, 2022
Return Version
2021v4.2
Gross Receipts
$312,210
Mission and Program Overview

Mission

HOUSING DEVELOPMMENT

Construction of affordable hoousing in central Florida

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$298,051-
Total Assets$0$298,051▲ $298,051
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$298,051-
Total Net Assets Fund Balance$0$298,051▲ $298,051
Total Liabilities and Net Assets / Fund Balance$0$298,051▲ $298,051
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve SmithPresident
Thomas RyanVice President
Graydon T SmithSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$312,060
Program Service Revenue
$0
Investment Income
$150
Other Revenue
$0
Change in Net Assets
$298,051
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,109
Grants and Similar Amounts Paid$5,050
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$6,125--$6,125
Grants to Domestic Orgs$5,050--$5,050
Travel$2,438--$2,438
Other Expenses$456--$456
Total Functional Expenses$14,159$0$0$14,159
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
Backup withholding compliance
No
Business relationship with 35% controlled entity
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

Governing body meeting documentation Part VI line 8A

Records of governing board minutes are documented and retained.

Committee meeting documentation Part VI line 8B

There are no committees

Form 990 governing body review Part VI line 11

The return is provided to the governing board prior to its submission.

Governing documents etc available to public Part VI line 19

Governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
New Beginnings Housing Corporation
EIN
86-3291145
Address
PO Box 121129, Clermont, FL 34712

Signing Officer

Name
Steve Smith
Title
Presisdent
Phone
4075950179
Signed
2022-05-06
Discuss with paid preparer
No

Organization Details

Formed
2021
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Binney Accounting and Assurance
Address
4327 South Highway 27 Ste 331, Clermont, FL 34711
Preparer
Curtis A Binney
Phone
4079245195
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Presisdent
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ReturnHeader/Filer/BusinessNameControlTxt0NEWB
ReturnHeader/Filer/EIN0863291145
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04327 South Highway 27 Ste 331
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clermont
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Curtis A Binney
ReturnHeader/ReturnTs02022-11-15T17:12:34-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Steve
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Smith
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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