Home for New Beginnings Inc

Organization Overview Home for New Beginnings Inc. is a U.S.-based nonprofit organization classified under the category of human services, specifically focusing on multipurpose and other children's, youth services. It is designated as a 501(c)(3) organization, allowing donations to be tax-deductible.

Founding and History

Home for New Beginnings Inc. was granted tax-exempt status in December 2017[1]. While specific details about its founding are not readily available, the organization aims to provide supportive environments for children separated from their parents.

Mission and Activities

The organization plans to build and manage faith-based, family-style homes for children in need. These homes are designed to provide a nurturing environment for young individuals lacking family support[3]. Home for New Beginnings engages in community activities and events, such as mini-golf tournaments, to raise awareness and funds for their cause[3].

Financials

As of the fiscal year ending December 2020, the organization's revenue was primarily composed of contributions totaling $30,974, with no income reported from program services, investments, or other sources. The organization held total assets of $25,929 and reported no liabilities[1]. In earlier years, such as fiscal year 2017, contributions accounted for 75% of total revenue, with total assets valued at $1[1].

Leadership and Governance

Key officers, including the President, Secretary, and Treasurer, do not receive compensation for their services[1]. This setup reflects a volunteer-driven approach to governance and management.

Overall, Home for New Beginnings Inc. operates with a focus on creating supportive environments for children through a faith-based model, relying on community support and donations to achieve its mission.