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NEW BEGINNINGS ACADEMY INC
HERKIMER, NY · EIN 920731144 · Form 990 · FY2024 · NTEE O50 · Youth Development · Small ($100K-$1M)
revenue
$231K
expenses
$285K
net assets
$-46K
employees
15
program ratio
79%
mission · from form 990

PROVIDING DAYCARE FACILITIES FOR FAMILIES IN NEED.

profile · synthesized from sources

New Beginnings Academy Inc is a youth development organization based in Herkimer, NY. It provides daycare facilities for families in need, focusing on early childhood care and support. The organization operates as a nonprofit serving local families through direct services.

named programs · 1 · from sources

What they call their work

Daycare Services
Provides daycare facilities for families in need, offering early childhood care and developmental support
activities · 1 group

What they do

  • Subsidized Child Care Services 1 activity
    • Operating daycare facilities for families in need
      Provides daycare services to support families in need, offering childcare as a direct service.
financials · form 990 · fy2024
revenue
Total revenue$231K
Contributions & grants$00%
Program service revenue$231K100%
Investment income$00%
Other revenue$0
expenses
Total expenses$285K
Program expenses79%
Admin / overhead21%
Fundraising0%
Salaries & benefits$226K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$21K
Cash$0
Investments$0
Liabilities$66K
Net assets$-46K
Liquid reserves0.0 mo
2 years on record · 2023–2024 · YoY revenue -36.0%
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.