New Beginning Way Of The Cross Church Of Christ
New Beginning Way Of The Cross Church Of Christ shows strong asset growth and low reported expenses relative to revenue.
EIN: 20656183 · Clinton, MD · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $197K |
| Total Expenses | $30K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $196,881 |
| Net Assets | $100K |
| Transparency Score | 85/100 |
Is New Beginning Way Of The Cross Church Of Christ Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Beginning Way Of The Cross Church Of Christ directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Beginning Way Of The Cross Church Of Christ
New Beginning Way Of The Cross Church Of Christ (EIN: 20656183) is a nonprofit organization based in Clinton, MD, classified under NTEE code X21. The organization reported total revenue of $197K and total assets of $598K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Beginning Way Of The Cross Church Of Christ's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Beginning Way Of The Cross Church Of Christ is a small nonprofit that has been operating for 23 years.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $30K |
| Surplus / Deficit | +$185K |
| Total Assets | $100K |
| Net Assets | $100K |
| Operating Margin | 85.9% |
| Months of Reserves | 39.6 months |
Financial Health Grade: A
In 2021, New Beginning Way Of The Cross Church Of Christ reported a surplus of $185K with revenue exceeding expenses, holds 39.6 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Beginning Way Of The Cross Church Of Christ with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, New Beginning Way Of The Cross Church Of Christ allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $185K, with revenue exceeding expenses.
Executive Compensation Analysis
The 2021 filing reported 0% officer compensation, suggesting that executive leadership may be volunteer-based or compensated minimally, which is favorable for a small organization with $196,881 in latest revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New Beginning Way Of The Cross Church Of Christ's IRS 990 filings:
- Only one filing available for detailed analysis, limiting trend assessment.
Strengths
The following positive indicators were identified for New Beginning Way Of The Cross Church Of Christ:
- Significant asset growth from $100,042 to $597,901.
- Low reported expenses ($30,294 in 2021) relative to revenue ($215,337 in 2021).
- 0% officer compensation reported in 2021, indicating efficient use of funds.
- Positive net income in 2021, contributing to asset accumulation.
Frequently Asked Questions about New Beginning Way Of The Cross Church Of Christ
Is New Beginning Way Of The Cross Church Of Christ a legitimate charity?
Based on AI analysis of IRS 990 filings, New Beginning Way Of The Cross Church Of Christ (EIN: 20656183) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does New Beginning Way Of The Cross Church Of Christ spend its money?
New Beginning Way Of The Cross Church Of Christ directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Beginning Way Of The Cross Church Of Christ tax-deductible?
New Beginning Way Of The Cross Church Of Christ is registered as a tax-exempt nonprofit (EIN: 20656183). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Beginning Way Of The Cross Church Of Christ CEO make?
New Beginning Way Of The Cross Church Of Christ's highest-compensated officer earns $196,881 annually. The organization reported $197K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Beginning Way Of The Cross Church Of Christ's spending goes to programs?
New Beginning Way Of The Cross Church Of Christ directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Beginning Way Of The Cross Church Of Christ compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New Beginning Way Of The Cross Church Of Christ is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Beginning Way Of The Cross Church Of Christ located?
New Beginning Way Of The Cross Church Of Christ is headquartered in Clinton, Maryland and files with the IRS under EIN 20656183. It is classified under NTEE code X21.
Is New Beginning Way Of The Cross Church Of Christ a good charity?
Based on the available data, the organization demonstrates strong financial health with significant asset growth and low reported expenses relative to revenue. The absence of officer compensation in 2021 suggests a high dedication to mission, making it appear to be a well-managed entity.
What is the primary use of the organization's funds?
Given the NTEE code X21 (Religious Organizations) and the low reported expenses, it's highly probable that the majority of funds are directed towards religious programs and community services aligned with its mission, rather than administrative overhead or fundraising.
How has the organization's financial position changed over time?
The organization's assets have grown substantially from $100,042 in 2021 to $597,901 in the latest filing, indicating significant financial strengthening and accumulation of resources.
Filing History
IRS 990 filing history for New Beginning Way Of The Cross Church Of Christ showing financial trends over 1 year of public records:
In its most recent filing year (2021), New Beginning Way Of The Cross Church Of Christ reported a surplus of $185K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $215K | $30K | $100K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Beginning Way Of The Cross Church Of Christ:
Data Sources and Methodology
This transparency report for New Beginning Way Of The Cross Church Of Christ is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.