New Beginnings Inc

Human Services · Lewiston, Maine

134 College St, Lewiston, ME 04240-6810

EIN: 010360077· Founded: Jun 1979· 47 years active· Filing Year: 2023

Annual Revenue

$4.1M

Total Expenses

$3.8M

Total Assets

$6.3M

Program Spending

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$190K

5.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.0M

Total Payroll

$2.2M

57% of total expenses

Where the Money Goes

Programs: 5%

Payroll: 57%

Other overhead: 95%

Program Revenue$201K (5%)

Total Expenses$3.8M (93%)

Payroll$2.2M (57%)

Overhead (non-program)95%

Trust Score Breakdown

Program Spending Ratio

5% of expenses go to programs

40%

Revenue & Stability

$4.1M annual revenue

15%

Executive Compensation

$190K total officer comp (5.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$6.3M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.