Anewentry INC EIN 54-2167151

Anewentry INC

EIN  54-2167151 Public charity (501(c)(3)) Austin, TX
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/4/26 · see original filing: IRS
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Size
$1–10M
What they do
Helps people rebuild lives after homelessness with support and personal integrity programs.
Leadership
Soleece Watson · Executive Dir. · $121K
Money in and out
$2.0M revenue, $2.1M expenses
Bottom line
82% program efficiency

Helps people rebuild lives after homelessness with support and personal integrity programs. For fiscal year 2024 it reported $2.0M in revenue, $2.1M in expenses, and $-147K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$2.0M
Pt VIII · Ln 12
Total expenses
$2.1M
Pt IX · Ln 25
Net assets
$-147K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$177K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.17 Fundraising $0.01
Program efficiency
82%
of spending reaches programs▼ -15% vs prior filing year
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate▼ -26% vs prior filing year
Surplus margin
-9%
revenue over expenses, this year▼ -43% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.0M
FY2024▲ +2%
Expenses
$2.1M
FY2024▲ +4%
Total assets
$3.1M
FY2024▲ +419%
Total liabilities
$3.2M
FY2024▲ +476%
Total revenue
$2.0M
Pt VIII · Ln 12
Total expenses
$2.1M
Pt IX · Ln 25
Net assets
$-147K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$177K
Total assetsPt X · Ln 16$3.1M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $1.8M of program spending, described in the organization's own filed words · FY2024.
01

During the year, ANE provided evidence-based substance abuse treatment to 310 individuals at no cost, including individual counseling, group therapy, and relapse prevention programs. The organization increased service capacity by 6% and reduced wait times by implementing same-day intake options for individuals in need.

$1.8Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAnewentry INC
EINHdr · item D54-2167151
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jwww.anewentry.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I40)
Ruling yearIRS BMFDec 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$121,174Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Soleece Watson’s $121K as Executive Dir. is at the 42nd percentile of top reported officer pay among 1146 $1–10M crime & legal nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Program service revenue$1.7M · 87%
Contributions & grants$267K · 14%
Program service revenue87%$1.7M
Contributions & grants14%$267K
Investment income$673
— government grantsLn 1e$8K
Total revenueLn 12$2.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.17 Fundraising $0.01
Program services82%$1.8M
Management & general17%$373K
Fundraising1%$15K
Total functional expensesLn 25$2.1M

Balance Sheet

Part X · end of year
CashLn 1$362K
Total assetsLn 16$3.1M
Total liabilitiesLn 26$3.2M
Total net assetsLn 32$-147K
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $362K · Operating expenses (Pt IX) $2.1M · Less non-cash grants $11K · Cash operating expenses/yr $2.1M
2.0 months
Where the money goes
Program services
Program services $1.8M · Total expenses $2.1M
82%
Management & General
Management & general $373K · Total expenses $2.1M
17%
Fundraising
Fundraising $15K · Total expenses $2.1M
1%
Cost to raise $1
Fundraising expense (3-yr avg) $5K · Solicited contributions (3-yr avg) $728K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $267K · Total revenue $2.0M
14%
Government reliance
Government grants $8K · Total revenue $2.0M
0%
Earned-income share
Program service revenue $1.7M · Total revenue $2.0M
87%
Investment reliance
Investment income $673 · Total revenue $2.0M
0%
Program self-sufficiency
Program service revenue $1.7M · Total expenses $2.1M
80%
Growth & trend
Revenue growth (YoY)
This year $2.0M · Prior year $1.9M
+2%
Revenue CAGR
FY2020 $2.2M · FY2024 $2.0M
-3%
Net-asset trend (YoY)
End of year $-147K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.0M · Expenses $2.1M
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $3.1M
Net-asset ratio
Net assets $-147K · Total assets $3.1M
-5%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $3.1M
0%
People & payroll
Highest Reported Total Compensation
Individual Soleece Watson · Reported title Executive Dir. · Highest reported compensation $121K · Total expenses $2.1M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.6M · Total expenses $2.1M
73%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 17%
Fundraising cost ratio 5%
Revenue growth 2%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
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 · FY2023
Total grants receivedfrom 1 funder$166
Grants paid · 1 grant · $21K · 2024–2024
Unitemized GrantFY2024$20,585

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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)$2.0M revenue · viewing · ⤓ 990 PDF
FY2023$1.9M revenue · ⤓ 990 PDF
FY2022$1.8M revenue · ⤓ 990 PDF
FY2021$2.1M revenue · ⤓ 990 PDF
FY2020$2.2M 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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