Form 990 for tax year 2024
Filed by NEW BEGINNINGS FOR GILMER COUNTY.
Totals
- Total revenue
- $81,786
- Total expenses
- $47,645
- Contributions and grants received
- $72,150
- Grants paid
- $17,707
- Program service revenue
- $0
- Investment income
- $9,636
- Other revenue
- $0
- Total assets, end of year
- $704,885
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $704,885
- Program services expenses (Part IX)
- $45,629
- Management and general expenses
- $1,916
- Fundraising expenses
- $100
- Program service expenses (Part III)
- $45,629
Program services were 95.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$72,150
-
3 · Investment income
total $9,636 · unrelated business $0 · excluded $0
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $17,707 · program services $17,707
-
11c · Fees: accounting
total $528 · program services $0 · management and general $528 · fundraising $0
-
16 · Occupancy
total $19,102 · program services $19,102 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $5,086 · program services $5,086 · management and general $0 · fundraising $0
-
23 · Insurance
total $4,975 · program services $3,682 · management and general $1,293 · fundraising $0
-
24a · Other expenses: POSTAGE
total $182 · program services $52 · management and general $30 · fundraising $100
-
24b · Other expenses: LICENSES
total $65 · program services $0 · management and general $65 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $308,750 · end of year $299,345
-
10a · Land, buildings and equipment: cost or other basis
$430,775
-
10b · Land, buildings and equipment: accumulated depreciation
$25,235
-
10c · Land, buildings and equipment, net
beginning of year $361,994 · end of year $405,540
-
27 · Net assets without donor restrictions
beginning of year $548,195 · end of year $426,862
-
28 · Net assets with donor restrictions
beginning of year $122,549 · end of year $278,023
Mission and programs · 2024
Mission
TO PROVIDE SHELTER TO THE UNDER SERVED POPULATION OF GILMER COUNTY, GA.
-
DUE TO CAPITAL INVESTMENT IN HOUSING UNITS NEW BEGINNINGS WAS ABLE TO PROVIE 14 FAMILIES WITH HOUSING ASSISTANCE. ASSISTANCE FAIR MARKET VALUE WAS $40,800. WITH CONTINUED INVESTMENT IN HOUSING WE WILL BE ABLE TO PROVIDE ADDITIONAL ASSISTANCE TO THOSE IN NEED.NEW BEGINNINGS OWNS THESE UNITS DEBT FREE INSURING THAT WE WILL BE ABLE TO CONTINUE THIS SERVICE INTO THE FORESEEABLE FUTURE.
Expenses $31,757 · Grants $3,835
-
UTILITY DEPOSITS AND ASSISTANCE
Expenses $13,322 · Grants $13,322
-
COMMUNITY KITCHEN/SHELTER
Expenses $550 · Grants $550
As filed on the 2024 return.
Listed in Part VII
-
Bill FordBILL FORD
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Kent SanfordKENT SANFORD
VICE CHAIR/ASST. TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Chris HensonCHRIS HENSON
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Rachel TarrRACHEL TARR
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Glen ArnoldGLEN ARNOLD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Merle NaylorMERLE NAYLOR
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David McArthurDAVID MCARTHUR
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John RapsonJOHN RAPSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Larry KirchmayerLARRY KIRCHMAYER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joel TaylorJOEL TAYLOR
MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 7 February 2025
- IRS schema version
- 2024v5.0
- Source object
- 202510559349301286
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