Civic Intelligence

The New Beginnings Center

990 • Fiscal year 2016 • EIN 90-0751722

Jul 01, 2015 to Jun 30, 2016 • Filed on Jul 29, 2016

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

84th percentile

0.26x

Higher debt load relative to assets than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

53rd percentile

4.5%

Higher net margin than 53% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

97th percentile

$83,100

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 25.6% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

63rd percentile

10%

Faster asset growth than 63% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

77th percentile

26%

Faster revenue growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$90,023

Up $8,334 (+10%) from 2015

Net Assets

Up

$66,403

Up $14,643 (+28%) from 2015

Liabilities

Down

$23,620

Down $6,309 (-21%) from 2015

Revenue

Up

$325,166

Up $66,593 (+26%) from 2015

Expenses

Up

$310,523

Up $31,052 (+11%) from 2015

Net Income

Up

$14,643

Up $35,541 (+170%) from 2015

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

2016

Assets$90,023
Liabilities$23,620
Net Assets$66,403

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

2016

Revenue$325,166
Expenses$310,523
Net Income$14,643
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jul 29, 2016
Return Version
2015v2.1
Gross Receipts
$344,094
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$63,259$58,064▼ $5,195
Cash and Non-Interest-Bearing Accounts$10,378$16,687▲ $6,309
Accounts Receivable$650$2,090▲ $1,440
Intangible Assets$402$182▼ $220
Total Assets$81,689$90,023▲ $8,334
Other Assets Total$7,000$13,000▲ $6,000
Liabilities
Unsecured Notes Loans Payable$29,929$22,805▼ $7,124
Accounts Payable and Accrued Expenses-$815-
Total Liabilities$29,929$23,620▼ $6,309
Net Assets / Fund Balance
Unrestricted Net Assets$51,760$66,403▲ $14,643
Total Net Assets Fund Balance$51,760$66,403▲ $14,643
Total Liabilities and Net Assets / Fund Balance$81,689$90,023▲ $8,334

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$58,064$60,179$118,243
Other Assets Org$6,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Natasha WeddlePresident & CEOFT$79,904$3,196$83,100

Board Members and Trustees

NameTitle
Liz Schatzleinchair
Joyce Martinpast CHAIR
Sharon PipervicE CHAIR
Amber SimsBoard Member
Carla WortheyBoard Member
Carol TitusbOARD MEMBER
Cathy WindbOARD MEMBER
Chemeka DabneyBoard Member
Elizabeth GoetzBoard Member
Gwyn WaltersBoard Member
Jill PullenbOARD MEMBER
Laurie KushbOARD MEMBER
Leah CordovezBoard Member
Lilian GilmerbOARD MEMBER
Mandy WachtlerBoard Member
Mary CohnBoard Member
Michelle WeatherspoonbOARD MEMBER
Monica ReedBoard Member
Nancy AnnessBoard Member
Nancy ZoreticBoard Member
Rebecca ClimerBoard Member
Sue ChiltonBoard Member
Tracey LaforeBoard Member
elizabeth williamsbOARD MEMBER
Cheryl Chunndevelopment
Libby DorrisSecretary
Lauren Jacquestreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$277,959
Program Service Revenue
$2,062
Investment Income
$0
Other Revenue
$45,145
All Other Contributions
$209,228
Change in Net Assets
$14,643
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$223,463
Salaries, Compensation, and Employee Benefits$87,060
Total Fundraising Expense$4,448
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$84,857--$84,857
Current Officers, Directors, Trustees, and Key Employees$74,009-$3,895$77,904
Fees for Services Accounting-$22,508-$22,508
Depreciation Depletion$20,622--$20,622
All Other Expenses$8,217$10,497-$18,714
Fees for Services Other$1,799$8,510$95$10,404
Insurance$7,791--$7,791
Other Expenses$8,609$7,442-$7,442
Payroll Taxes$5,807-$305$6,112
Other Employee Benefits$2,891-$153$3,044
Office Expenses-$1,766-$1,766
Interest-$1,133-$1,133
Total Functional Expenses$250,929$55,146$4,448$310,523
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18,928
Fundraising Gross Income$15,657
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spirit of Wellness$25,509-$7,535-
Applause Event$32,482$15,657$4,447$11,210
Total Events$84,388$15,657$18,928$-3,271
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
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
No

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 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

THE CNPM DATABASE and guidestar compensation reports are USED FOR COMPARATIVE SALARY ANALYSIS. THE BOARD CHAIR AND PAST BOARD CHAIR perform a REVIEW of THE PRESIDENT AND CEO ANNUALLY.

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
2016-07-29
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
Karen M Arms
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 350 women in the 2015-2016 fiscal year. These women have lost 7% body weight, and are maintaining their weight loss. They have also achieved the following results on average: 7.3% BMI reduction, 58% have stopped or decreaseed the amount of prescription medication for obesity related disease, 100% have tested improved confidence and self concept, 92% have tested improved knowledge of nutritional concepts, 95% of clients report a positive influence on their family and friends as a result of what they have learned in our programs, and 100% of graduate clients have improved strength and mobility. The volunteer hours have exceed 6,000 hours and is growing. TNBC has received support from 4 new foundations and 7 new corporation donors. Collaboration partners have grown as well and we are working with many non-profit and local goverment employee groups who recommend clients for our programs.

Form 990, Part IX, line 11G

PAYROLL PROCESSING FEES: Program service expenses 1,799. Fundraising expenses 95. Total expenses 1,894. CONTRACT ASSISTANCE: Management and general expenses 8,510. Total expenses 8,510.

Form 990, Part IX, line 24E

INTERNET/TELEPHONE: Program service expenses 0. Management and general expenses 5,956. Fundraising expenses 0. Total expenses 5,956. EQUIPMENT: Program service expenses 5,565. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,565. OTHER EXPENSES: Program service expenses 2,247. Management and general expenses 1,559. Fundraising expenses 0. Total expenses 3,806. DUES & SUBSCRIPTIONS: Program service expenses 0. Management and general expenses 1,467. Fundraising expenses 0. Total expenses 1,467. FEES/BANK CHARGES: Program service expenses 0. Management and general expenses 1,015. Fundraising expenses 0. Total expenses 1,015. PEST CONTROL: Program service expenses 0. Management and general expenses 500. Fundraising expenses 0. Total expenses 500. POSTAGE: Program service expenses 405. Management and general expenses 0. Fundraising expenses 0. Total expenses 405.

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