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NEW BEGINNINGS YOUTH HOMES INC

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Tax-exempt status may be revoked

NEW BEGINNINGS YOUTH HOMES INC

EIN 51-0540548 · Housing & Shelter (L400)

What they do

We Provide Two, Six Bedroom, Teaching-style Homes for At-risk People In Pinellas County. Originally Built Singularly for Aging Out At-risk Youth, The Vision and Usage Has Broadened to Domestic Violence Victims, Single Moms With Kids, Veterans Struggling to Adjust, and Addicts In A Program of Recovery. There is A Need for A Faith-based Approach Such As is Provided By New Beginnings Youth Homes, Inc., to Reach Out and Help All At-risk Individuals.

Before you give

Should I give to this charity?

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Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

139.38%of revenue went to mission work100.0% of expenses · Program services
$139.38spent for every $100 of revenueSpending was higher than revenue this year.
$7.61in assets for every $1 spent this yearSome assets cannot be spent right away.
50.0%of its money came from giftsOther money may come from services or investments.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $18,017 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$45,755
Mission workProgram services$63,772139.38% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$63,772139.38% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2020CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 139.38% of revenue
2019Expense mix: 70.7% mission · 29.3% management · 0.0% fundraisingTotal expenses: 99.67% of revenue

Money in and money out

Revenue$45,755
Expenses$63,772
Annual shortfall $18,017 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$63,772 · 100.0% of expenses
See all reported dollar amounts
Revenue$45,755
Expenses$63,772
Assets$484,992
Income$45,755
Contributions$22,884
Mission work (program services)$63,772
Accounting fees$1,460
People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (5)

DAVID ASHECFO

DIANE BLYBOARD MEMBER

RACHEL GOETTEBOARD MEMBER

TESSA WARDCEO

WILLIAM BLYBOARD MEMBER

About this charity

Recognized since
November 2006
Location
2563 1st Avenue South, St Petersburg, FL 33712
County
Pinellas
In care of
Tessa Ward
Primary officer
Tessa Ward, CEO

How to reach them

Filing and classification

Latest tax year
2020
Tax period began
January 1, 2020
Return type
990
Tax preparer
FREDRICK JAMES
NTEE classification
Housing & Shelter (L400)
IRS tax category
Other Residential Care Facilities
Revocation date
May 15, 2024

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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