Begin Again Foundation EIN 47-5223416

Begin Again Foundation

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Educates on sepsis, aids survivors financially, and supports communities in crisis. For fiscal year 2024 it reported $1.1M in revenue, $684K in expenses, and $3.9M in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Virginia Bch, VA
Website
www.beginagainfoundation.com
Filings
5 on file (2020–2024)
Revenue
$1.1MFY2024
Expenses
$684K
Net assets
$3.9M
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-5223416 Public charity (501(c)(3)) Virginia Bch, VA
Form 990 (PDF)
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Size
$1–10M
What they do
Educates on sepsis, aids survivors financially, and supports communities in crisis.
Leadership
Audrey-Ann Leishman · Pres/Director
Money in and out
$1.1M revenue, $684K expenses
Bottom line
90% program efficiency
Where the money goes · FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$684K
Pt IX · Ln 25
Net assets
$3.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $378K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.07 Fundraising $0.03
Program efficiency
90%
of spending reaches programs+0.4% vs prior filing year
Operating runway
67.8mo
months of highly liquid reserves at operating expense rate▲ +5% vs prior filing year
Surplus margin
+36%
revenue over expenses, this year▼ -30% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.1M
FY2024▼ -20%
Expenses
$684K
FY2024▲ +5%
Total assets
$3.9M
FY2024▲ +11%
Total liabilities
$4K
FY2024▼ -71%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$684K
Pt IX · Ln 25
Net assets
$3.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$378K
Total assetsPt X · Ln 16$3.9M
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $548K of program spending, described in the organization's own filed words · FY2024.
01

Through a grant to the Patient Advocate Foundation, the Begin Again Foundation helped provide critical support to patients with a physician-verified diagnosis of Acute Respiratory Distress Syndrome (ARDS), sepsis, and/or Toxic Shock Syndrome (TSS).

$395Kprogram expense
02

Through targeted grants to the Childrens Hospital of the King's Daughters, the Begin Again Foundation has provided vital assistance to families of hospitalized patients experiencing severe hardship. These grants are intended to help cover essential expenses such as transportation, meals, medications, household utilities, and more.

$94Kprogram expense
03

The Begin Again Foundations Toxic Shock Prevention Program is dedicated to providing access to safe feminine hygiene products for women experiencing housing insecurity across the country, along with vital education on Toxic Shock Syndrome.

$59Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBegin Again Foundation
EINHdr · item D47-5223416
Principal addressHdr · item CVirginia Bch, VA
WebsiteHdr · item Jwww.beginagainfoundation.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P60)
Ruling yearIRS BMFFeb 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Pres/Director
$0Pt VII · Sec A
VP/Director
$0Pt VII · Sec A
Treas/Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secr / Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$773K · 73%
Investment income$209K · 20%
Contributions & grants$81K · 8%
Other revenue73%$773K
Investment income20%$209K
Contributions & grants8%$81K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.07 Fundraising $0.03
Program services90%$617K
Management & general7%$46K
Fundraising3%$21K
Total functional expensesLn 25$684K

Balance Sheet

Part X · end of year
CashLn 1$2.1M
Total assetsLn 16$3.9M
Total liabilitiesLn 26$4K
Total net assetsLn 32$3.9M
Months of cash on handcomputed36.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.9M · Operating expenses/yr $684K
67.8 months
Where the money goes
Program services
Program services $617K · Total expenses $684K
90%
Management & General
Management & general $46K · Total expenses $684K
7%
Fundraising
Fundraising $21K · Total expenses $684K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $14K · Solicited contributions (3-yr avg) $510K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $81K · Total revenue $1.1M
8%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $0 · Total revenue $1.1M
0%
Investment reliance
Investment income $209K · Total revenue $1.1M
+20%
Program self-sufficiency
Program service revenue $0 · Total expenses $684K
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $1.3M
-20%
Revenue CAGR
FY2020 $882K · FY2024 $1.1M
+5%
Net-asset trend (YoY)
End of year $3.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $684K
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $3.9M
Net-asset ratio
Net assets $3.9M · Total assets $3.9M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.8M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $3.9M
47%
People & payroll
Highest Reported Total Compensation
Individual Audrey-Ann Leishman · Reported title Pres/Director · Highest reported compensation $0 · Total expenses $684K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $684K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 7%
Fundraising cost ratio 27%
Revenue growth -20%
Investment management fee ratio 0%
Legal fee ratio 0.5%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 11 grants · $975K · 2020–2023
Chkd Butterfly BlessingsVA · FY2023$105,900
Mercy Chefs INCVA · FY2023$15,000
The River Ellis FoundationVA · FY2023$10,000
Chkd Butterfly BlessingsVA · FY2022$50,232
Chkd Butterfly BlessingsVA · FY2021$40,000
Chkd Butterfly BlessingsVA · FY2020$40,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.1M revenue · viewing · ⤓ 990 PDF
FY2023$1.3M revenue · ⤓ 990 PDF
FY2022$1.6M revenue · ⤓ 990 PDF
FY2021$635K revenue · ⤓ 990 PDF
FY2020$882K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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