Civic Intelligence

The New Beginnings Center

990 • Fiscal year 2017 • EIN 90-0751722

Jul 01, 2016 to Jun 30, 2017 • Filed on Aug 15, 2017

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

77th percentile

0.10x

Higher debt load relative to assets than 77% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

69th percentile

14%

Higher net margin than 69% of similar nonprofits.

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

Top Officer Pay

97th percentile

$82,170

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 21.6% of source-year revenue.

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

Asset Growth

84th percentile

48%

Faster asset growth than 84% of similar nonprofits.

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

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

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

Assets

Up

$133,197

Up $43,174 (+48%) from 2016

Net Assets

Up

$120,258

Up $53,855 (+81%) from 2016

Liabilities

Down

$12,939

Down $10,681 (-45%) from 2016

Revenue

Up

$380,734

Up $55,568 (+17%) from 2016

Expenses

Up

$326,879

Up $16,356 (+5.3%) from 2016

Net Income

Up

$53,855

Up $39,212 (+268%) from 2016

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

2017

Assets$133,197
Liabilities$12,939
Net Assets$120,258

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

2017

Revenue$380,734
Expenses$326,879
Net Income$53,855
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Aug 15, 2017
Return Version
2016v3.0
Gross Receipts
$404,127
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
Cash and Non-Interest-Bearing Accounts$16,687$78,503▲ $61,816
Land, Buildings, and Equipment, Net$58,064$46,279▼ $11,785
Accounts Receivable$2,090$1,415▼ $675
Intangible Assets$182--
Total Assets$90,023$133,197▲ $43,174
Other Assets Total$13,000$7,000▼ $6,000
Liabilities
Unsecured Notes Loans Payable$22,805$12,939▼ $9,866
Accounts Payable and Accrued Expenses$815--
Total Liabilities$23,620$12,939▼ $10,681
Net Assets / Fund Balance
Unrestricted Net Assets$66,403$120,258▲ $53,855
Total Net Assets Fund Balance$66,403$120,258▲ $53,855
Total Liabilities and Net Assets / Fund Balance$90,023$133,197▲ $43,174

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$46,279$77,855$124,134
Other Assets Org$7,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Natasha WeddlePresident & CEOFT$79,010$3,160$82,170

Board Members and Trustees

NameTitle
Sharon PiperChair
Liz SchatzleinPast Chair
Amy RadcliffBoard Member
Carla WortheyBoard Member
Carol TitusbOARD MEMBER
Cathy WindbOARD MEMBER
Chemeka DabneyBoard Member
Cheryl ChunnbOARD MEMBER
Elizabeth GoetzBoard Member
Joyce Martin DeceasedBoard Member
Karen ClarkBoard Member
Libby DorrisBoard Member
Lilian GilmerbOARD MEMBER
Lisa HendersonBoard Member
Mandy WachtlerBoard Member
Mary CohnBoard Member
Michelle WeatherspoonbOARD MEMBER
Monica ReedBoard Member
Nancy AnnessBoard Member
Nancy ZoreticBoard Member
elizabeth williamsSEcretary
Lauren Jacquestreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$311,601
Program Service Revenue
$5,741
Investment Income
$-4,080
Other Revenue
$67,472
All Other Contributions
$249,836
Change in Net Assets
$53,855
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$196,090
Salaries, Compensation, and Employee Benefits$130,789
Total Fundraising Expense$6,641
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$85,848--$85,848
Current Officers, Directors, Trustees, and Key Employees$78,898-$4,152$83,050
Comp Disqual Persons$33,310-$1,753$35,063
Fees for Services Accounting-$23,612-$23,612
Depreciation Depletion$17,196--$17,196
All Other Expenses$5,732$10,143-$15,875
Payroll Taxes$9,040-$476$9,516
Insurance$7,476--$7,476
Other Expenses$4,589$2,471-$7,060
Other Employee Benefits$3,002-$158$3,160
Fees for Services Other$1,931$612$102$2,645
Office Expenses-$1,538-$1,538
Interest-$787-$787
Total Functional Expenses$272,738$47,500$6,641$326,879
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$27,060
Fundraising Direct Expenses$17,393
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spirit of Wellness$42,754-$8,513-
Applause Event$32,525$27,060$7,591$19,469
Total Events$88,825$27,060$17,393$9,667
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 11B

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
2017-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Natasha Weddle
Formed
2011
Legal Domicile
Tn
Voting Board Members
18
Independent Board Members
18
Employees
4
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 400 women in the 2016-2017 fiscal year. These women have lost 7.2% body weight, and are maintaining their weight loss. They have also achieved the following results on average: 7.5% BMI reduction, 43% have stopped or decreaseed the amount of prescription medication for obesity related disease, 100% have tested improved confidence and self concept, 91% 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 exceeded 6,000 hours and is growing. TNBC has received support from 1 new foundation and 6 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.

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