New Beginnings Animal Rescue
EIN: 453632430 · Olive Branch, MS · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $186K |
| Total Expenses | $189K |
| Net Assets | $0 |
Is New Beginnings Animal Rescue Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Beginnings Animal Rescue
New Beginnings Animal Rescue (EIN: 453632430) is a nonprofit organization based in Olive Branch, MS, classified under NTEE code D20. The organization reported total revenue of $186K and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Beginnings Animal Rescue's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Beginnings Animal Rescue is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $184K |
| Total Expenses | $189K |
| Surplus / Deficit | $-4,723 |
| Total Assets | $8K |
| Total Liabilities | $8K |
| Net Assets | $0 |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.5 months |
Financial Health Grade: D
In 2023, New Beginnings Animal Rescue reported a deficit of $5K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), New Beginnings Animal Rescue's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.9% | +1.0% | -60.9% |
| 2022 | -16.9% | -20.7% | +836.5% |
| 2021 | +4.0% | +9.0% | -78.7% |
| 2020 | +123.6% | +125.4% | +43.2% |
| 2019 | +29.1% | +24.3% | +45.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Beginnings Animal Rescue has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Beginnings Animal Rescue with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about New Beginnings Animal Rescue
Is New Beginnings Animal Rescue a legitimate charity?
Based on AI analysis of IRS 990 filings, New Beginnings Animal Rescue (EIN: 453632430) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Beginnings Animal Rescue spend its money?
Detailed spending breakdown data is not yet available for New Beginnings Animal Rescue. Check back for updated IRS 990 analysis.
Are donations to New Beginnings Animal Rescue tax-deductible?
New Beginnings Animal Rescue is registered as a tax-exempt nonprofit (EIN: 453632430). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Beginnings Animal Rescue located?
New Beginnings Animal Rescue is headquartered in Olive Branch, Mississippi and files with the IRS under EIN 453632430. It is classified under NTEE code D20.
How many years of IRS 990 filings does New Beginnings Animal Rescue have?
New Beginnings Animal Rescue has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $186K in total revenue.
Filing History
IRS 990 filing history for New Beginnings Animal Rescue showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), New Beginnings Animal Rescue's revenue has grown by 134%, moving from $79K to $184K. Total assets increased by 329.9% over the same period, from $2K to $8K. Total functional expenses rose by 138.4%, from $79K to $189K. In its most recent filing year (2023), New Beginnings Animal Rescue reported a deficit of $5K, with expenses exceeding revenue. The organization holds $8K in liabilities against $8K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $184K | $189K | $8K | $8K | — | — |
| 2022 | $190K | $187K | $20K | $15K | — | View 990 |
| 2021 | $228K | $236K | $2K | $0 | — | View 990 |
| 2020 | $219K | $216K | $10K | $0 | — | — |
| 2019 | $98K | $96K | $7K | $6K | — | View 990 |
| 2018 | $76K | $77K | $5K | $6K | — | View 990 |
| 2017 | $79K | $76K | $6K | $2K | — | View 990 |
| 2016 | $58K | $59K | $3K | $744 | — | View 990 |
| 2015 | $65K | $68K | $774 | $4K | — | View 990 |
| 2014 | $93K | $92K | $4K | $2K | — | View 990 |
| 2013 | $79K | $79K | $2K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $184K, expenses of $189K, and assets of $8K (revenue -2.9% year-over-year).
- 2022: Revenue of $190K, expenses of $187K, and assets of $20K (revenue -16.9% year-over-year).
- 2021: Revenue of $228K, expenses of $236K, and assets of $2K (revenue +4.0% year-over-year).
- 2020: Revenue of $219K, expenses of $216K, and assets of $10K (revenue +123.6% year-over-year).
- 2019: Revenue of $98K, expenses of $96K, and assets of $7K (revenue +29.1% year-over-year).
- 2018: Revenue of $76K, expenses of $77K, and assets of $5K (revenue -4.0% year-over-year).
- 2017: Revenue of $79K, expenses of $76K, and assets of $6K (revenue +36.2% year-over-year).
- 2016: Revenue of $58K, expenses of $59K, and assets of $3K (revenue -10.7% year-over-year).
- 2015: Revenue of $65K, expenses of $68K, and assets of $774 (revenue -29.8% year-over-year).
- 2014: Revenue of $93K, expenses of $92K, and assets of $4K (revenue +17.8% year-over-year).
- 2013: Revenue of $79K, expenses of $79K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Beginnings Animal Rescue:
Data Sources and Methodology
This transparency report for New Beginnings Animal Rescue 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.