Civic Intelligence

The New Beginnings Center

990 • Fiscal year 2015 • EIN 90-0751722

Jul 01, 2014 to Jun 30, 2015 • Filed on Aug 05, 2015

509 Craighead Street No 100Nashville, TN 37204

(615) 946-1305

Siviq Scores

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

Liabilities / Assets

87th percentile

0.37x

Higher debt load relative to assets than 87% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

83rd percentile

0.12x

Higher debt load relative to revenue than 83% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

25th percentile

-8.1%

Higher net margin than 25% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

97th percentile

$85,339

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 33.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

27th percentile

-12%

Faster asset growth than 27% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

73rd percentile

20%

Faster revenue growth than 73% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$81,689

Down $10,969 (-12%) from 2014

Net Assets

Down

$51,760

Down $20,898 (-29%) from 2014

Liabilities

Up

$29,929

Up $9,929 (+50%) from 2014

Revenue

Up

$258,573

Up $43,951 (+20%) from 2014

Expenses

Up

$279,471

Up $94,289 (+51%) from 2014

Net Income

Down

-$20,898

Down $50,338 (-171%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2013: $43,218Liabilities 2013: $02013Assets 2014: $92,658Liabilities 2014: $20,000Net Assets 2014: $72,6582014Assets 2015: $81,689Liabilities 2015: $29,929Net Assets 2015: $51,7602015Assets 2016: $90,023Liabilities 2016: $23,620Net Assets 2016: $66,4032016Assets 2017: $133,197Liabilities 2017: $12,939Net Assets 2017: $120,2582017Assets 2018: $103,992Liabilities 2018: $0Net Assets 2018: $103,9922018Assets 2019: $177,338Liabilities 2019: $0Net Assets 2019: $177,3382019Assets 2020: $272,683Liabilities 2020: $62,663Net Assets 2020: $210,0202020Assets 2021: $295,110Liabilities 2021: $61,463Net Assets 2021: $233,6472021Assets 2022: $292,738Liabilities 2022: $21,400Net Assets 2022: $271,3382022Assets 2023: $934,798Liabilities 2023: $636,860Net Assets 2023: $297,9382023Assets 2024: $940,992Liabilities 2024: $534,130Net Assets 2024: $406,8622024

Highlighted filing

2015

Assets$81,689
Liabilities$29,929
Net Assets$51,760

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $76,463Expenses 2013: $35,166Net Income 2013: $41,2972013Revenue 2014: $214,622Expenses 2014: $185,182Net Income 2014: $29,4402014Revenue 2015: $258,573Expenses 2015: $279,471Net Income 2015: -$20,8982015Revenue 2016: $325,166Expenses 2016: $310,523Net Income 2016: $14,6432016Revenue 2017: $380,734Expenses 2017: $326,879Net Income 2017: $53,8552017Revenue 2018: $371,345Expenses 2018: $387,611Net Income 2018: -$16,2662018Revenue 2019: $465,935Expenses 2019: $392,589Net Income 2019: $73,3462019Revenue 2020: $469,873Expenses 2020: $437,191Net Income 2020: $32,6822020Revenue 2021: $438,257Expenses 2021: $414,630Net Income 2021: $23,6272021Revenue 2022: $502,843Expenses 2022: $465,150Net Income 2022: $37,6932022Revenue 2023: $595,780Expenses 2023: $562,067Net Income 2023: $33,7132023Revenue 2024: $837,909Expenses 2024: $728,985Net Income 2024: $108,9242024

Highlighted filing

2015

Revenue$258,573
Expenses$279,471
Net Income-$20,898
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Aug 5, 2015
Return Version
2014v5.0
Gross Receipts
$270,386
Mission and Program Overview

Mission

To proactively address the obesity crisis that faces low-income women and deliver healthy outcomes that are sustainable by using strength training, physical fitness and nutritional education as platforms for changing self-concepts and for building self-esteem.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$68,674$63,259▼ $5,415
Cash and Non-Interest-Bearing Accounts$11,211$10,378▼ $833
Accounts Receivable$5,150$650▼ $4,500
Intangible Assets$623$402▼ $221
Total Assets$92,658$81,689▼ $10,969
Other Assets Total$7,000$7,000→ $0
Liabilities
Unsecured Notes Loans Payable$20,000$29,929▲ $9,929
Total Liabilities$20,000$29,929▲ $9,929
Net Assets / Fund Balance
Unrestricted Net Assets$72,658$51,760▼ $20,898
Total Net Assets Fund Balance$72,658$51,760▼ $20,898
Total Liabilities and Net Assets / Fund Balance$92,658$81,689▼ $10,969

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$62,433$39,254$101,687
Buildings$826$524$1,350
Other Assets Org$7,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Natasha WeddlePresident & CEOFT$69,557$15,782$85,339

Board Members and Trustees

NameTitle
Joyce MartinChair
Carol TitusPast Chair
Liz SchatzleinVice Chair
Amber SimsBoard Member
Carla WortheyBoard Member
Chemeka DabneyBoard Member
Cheryl ChunnBoard Member
Elizabeth GoetzBoard Member
Gwyn WaltersBoard Member
Judy RainesBoard Member
Lauren JacquesBoard Member
Leah CordovezBoard Member
Mandy WachtlerBoard Member
Mary CohnBoard Member
Monica ReedBoard Member
Nancy AnnessBoard Member
Nancy ZoreticBoard Member
Rebecca ClimerBoard Member
Robin DunlapBoard Member
Sharon PiperBoard Member
Sue ChiltonBoard Member
Tracey LaforeBoard Member
Libby DorrisSecretary
Jill PullenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$233,460
Program Service Revenue
$1,400
Investment Income
$0
Other Revenue
$23,713
All Other Contributions
$175,421
Change in Net Assets
$-20,898
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$185,097
Salaries, Compensation, and Employee Benefits$94,374
Total Fundraising Expense$7,249
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$81,313--$81,313
Current Officers, Directors, Trustees, and Key Employees$66,079-$3,478$69,557
Fees for Services Other$20,943$7,308$1,103$29,354
Depreciation Depletion$22,510--$22,510
Other Employee Benefits$17,204-$905$18,109
Office Expenses-$8,230-$8,230
All Other Expenses$547$5,024$1,428$6,999
Insurance$6,788--$6,788
Payroll Taxes$6,373-$335$6,708
Other Expenses$276$4,817-$5,093
Fees for Services Accounting-$3,500-$3,500
Interest-$1,265-$1,265
Total Functional Expenses$233,337$38,885$7,249$279,471
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$11,813
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
11-6-14$35,739-$7,271-
8/26/14$14,050-$2,711-
Total Events$58,039-$11,813$-11,813
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Elizabeth goetz, board member and volunteer and natasha weddle, president and ceo, have a family relationship.

Form 990, Part VI, Section A, Line 3

Chris mccarthy, past board chair, rolled off of the board of directors effective 12/31/14 and assumed the duties of trustee of the 401(k) plan and maintains the financial statement records. Chris performs these duties on a volunteer basis.

Form 990, Part VI, Section A, Line 7B

The executive committee is the oversight committee of the board and all actions by the executive committee require approval of the board.

Form 990, Part VI, Section B, Line 11

All board members receive a copy of the 990 and are asked to review it and comment on any questions.

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

The board members review and sign a conflict of interest policy statement annually.

Form 990, Part VI, Section B, Line 15

There is a review and approval of compensation by independent persons scheduled for july 2015. The cnpm database is used for comparative salary analysis. The board and past chair review the president and ceo once a year in july and retain a copy of the review.

Form 990, Part VI, Section C, Line 19

Governing documents are provided on givingmatters.org, guidestar.org and upon request.

Filing and Contact Details

Filer

Filer Name
The New Beginnings Center
EIN
90-0751722
Phone
6159461305
Address
509 CRAIGHEAD STREET NO 100, NASHVILLE, TN 37204

Signing Officer

Name
Natasha Weddle
Title
President & CEO
Phone
6159461305
Signed
2015-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Natasha Weddle
Formed
2011
Legal Domicile
Tn
Voting Board Members
24
Independent Board Members
24
Employees
1
Volunteers
80

Preparer

Firm
Frasier Dean & Howard Pllc
Address
3310 WEST END AVE STE 550, NASHVILLE, TN 37203
Preparer
Sara G Moon
Phone
6153836592
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

To proactively address the obesity crisis that faces low-income women and deliver healthy outcomes that are sustainable by using strength training, physical fitness and nutritional education as platforms for changing self-concepts and for building self-esteem.

Form 990, Part III, Line 4A - Program Service Accomplishments

Our agency has secured funding from over 60 foundations, corporations and individuals and will continue to grow our donor base by demonstrating sustainable wellness results through our clients. It is our mission to improve the obesity statistics in nashville by offering women a holistic and individualized approach to developing healthy lifestyles. We offer at-risk women group wellness education classes that will cover a variety of topics including nutrition education and cooking, access to community wellness facilities, self actualization and behavior modification classes, etc. These classes are focused on coaching women in their journey to build a healthy body and improved quality of life. The agency has provided thousands of hours of service to 200 women in the 2014-2015 fiscal year. These women have lost 8% body weight, and are maintaining their weight loss. They have also achieved the following results on average: 7% bmi reduction, 67% have stopped taking prescription medication for obesity related disease, 75% have lost two dress sizes or more, 92% have tested improved confidence and self concept, 95% have decreased pain, 93% have incorporated activity into their daily lives, and 100% graduated clients have improved strength and mobility. The volunteer hours have exceed 5,000 hours and is growing. Tnbc has received support from 6 new foundations and 7 new corporation donors. Collaboration partners have grown as well and we are working with 18 non-profit and local goverment employee groups who recommend clients for our programs.

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 0. Management and general expenses 1,086. Fundraising expenses 0. Total expenses 1,086. Consulting fees: program service expenses 0. Management and general expenses 6,222. Fundraising expenses 0. Total expenses 6,222. Payroll processing fees: program service expenses 3,625. Management and general expenses 0. Fundraising expenses 191. Total expenses 3,816. Contract assistance: program service expenses 17,318. Management and general expenses 0. Fundraising expenses 912. Total expenses 18,230.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
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