New Beginnigs - Next Step Inc is a 501(c)(3) organization based in Wilmington, Delaware, registered in 2018, with $93,034 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$93K
▼ 20.0% vs prior year
Crime & Legal median: $309K
Expenses (FY2024)
$31K
Net assets
$182K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for New Beginnigs - Next Step Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New Beginnigs - Next Step Inc: 70 mo reserves · +66% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for New Beginnigs - Next Step Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New Beginnigs - Next Step Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $116K (FY2018) to $93K (FY2024) across 2 reported years.
Financial snapshot
Operating margin
66.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$183K
Total liabilities
$936
Net assets
$182K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $93,034▼20.0% | $31,211▼37.2% | $182,024▲173% | $182,960▲175% | 990EZ |
| 2018 | $116,331 | $49,713 | $66,618 | $66,618 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to New Beginnigs - Next Step Inc totaling $5,610, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2020 | $5,610 |
Explore more
Data for New Beginnigs - Next Step Inc (EIN 82-2795965) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.