New Beginnings Hickory Logo

MIP Score

59

Human Services
Adult Day Care

New Beginnings Hickory

Mission

New Beginnings Hickory provides a safe and supportive residency program for men recovering from alcohol and drug addiction, aiming to help them transition back into everyday life. With a focus on community, personal responsibility, and structured recovery, residents can build a foundation for a fulfilling and sober life.

Basic Information

Tax-Exempt

Address

2425 N Center St, Hickory, North Carolina, 28601

View all Hickory charities

Founded in

2020

EIN

85-4102747

Total Assets

$243.3 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Restore Hope

Restore Hope

Helping residents reconnect with their families and communities.

Cultivate Second Chances

Cultivate Second Chances

Providing structure and support for those recovering from substance abuse.

Grow Awareness

Grow Awareness

Creating a vibrant recovery community.

Our Programs

Residency Program

A structured program assisting residents recovering from substance abuse.

Learn More

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

59

70

/100

Program Expense Ratio

100.00%

20

/20

Program Revenue Growth

29.99%

18

/20

Leverage Ratio

0.02564

20

/20

Working Capital Ratio

0.845

10

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2023

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants229K67.71%
Program Services111.3K32.92%
Investment Income00.00%
Sales of Non-Inventory Assets-2.1K-0.62%
Other Notable Sources00.00%
Total Revenue338.2K100.00%