Fresh Start for Women FY2021 filing

Owensboro, KY · Public foundation / grantmaker · Foundations & Grantmakers

✓ Tax-deductible
Revenue
$329K
-4% vs prior year
Spent
$167K
To programs
100%
Net assets
$451K
By yearFY2020–FY2024
Revenue
$329K
FY2021▼ -4%
Revenue by fiscal year
FY2020$342K
FY2021$329K
FY2022$324K
FY2023$287K
FY2024$259K
Expenses
$167K
FY2021▼ -25%
Expenses by fiscal year
FY2020$224K
FY2021$167K
FY2022$296K
FY2023$226K
FY2024$185K
Net assets
$451K
FY2021▲ +121%
Net assets by fiscal year
FY2020$204K
FY2021$451K
FY2022$478K
FY2023$539K
FY2024$612K

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CFresh Start for Women
EINHdr · item D81-4961663
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 2017
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item COwensboro, KY
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
WebsiteHdr · item Jfreshstartwomen.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Fundraising $0.00
Program services100%$167K
Fundraising$175
Total functional expensesLn 25$167K

Financial health

Is it on solid ground?

Program efficiency
100%
of spending reaches programs
Operating runway
13.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+49%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$916K
FY2021▲ +338%
Total assets by fiscal year
FY2020$209K
FY2021$916K
FY2022$831K
FY2023$872K
FY2024$925K
Total liabilities
$465K
FY2021▲ ×93
Total liabilities by fiscal year
FY2020$5K
FY2021$465K
FY2022$353K
FY2023$333K
FY2024$313K
Revenue less expensesPt I · Ln 19$161K
Total assetsPt X · Ln 16$916K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Balance Sheet

Part X · end of year
CashLn 1$181K
Total assetsLn 16$916K
Total liabilitiesLn 26$465K
Total net assetsLn 32$451K
Months of cash on handcomputed13.0

Statement of Revenue

Part VIII
Contributions & grants$275K · 84%
Program service revenue$54K · 16%
Contributions & grants84%$275K
Program service revenue16%$54K
Investment income$40
Total revenueLn 12$329K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $181K · Operating expenses/yr $167K
13.0 months
Where the money goes
Program services
Program services $167K · Total expenses $167K
100%
Management & General
Management & general $0 · Total expenses $167K
0%
Fundraising
Fundraising $175 · Total expenses $167K
0.1%
Cost to raise $1
Fundraising expense (2-yr avg) $3K · Solicited contributions (2-yr avg) $293K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $275K · Total revenue $329K
84%
Government reliance
Government grants — · Total revenue $329K
—
Earned-income share
Program service revenue $54K · Total revenue $329K
16%
Investment reliance
Investment income $40 · Total revenue $329K
+0.01%
Program self-sufficiency
Program service revenue $54K · Total expenses $167K
32%
Growth & trend
Revenue growth (YoY)
This year $329K · Prior year $342K
-4%
Net-asset trend (YoY)
End of year $451K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $329K · Expenses $167K
+49%
Liabilities-to-Assets
Total liabilities — · Total assets $916K
—
Net-asset ratio
Net assets $451K · Total assets $916K
49%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $916K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Keith Goodman · Reported title FACILITY OVERSIGHT · Highest reported compensation $0 · Total expenses $167K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $167K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%——
Overhead ratio 0%——
Fundraising cost ratio 0.06%——
Revenue growth -4%——
Legal fee ratio 0.1%——
Accounting fee ratio 1%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Facility Oversight
$0Pt VII · Sec A
Maintenance Specialist
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Facilities Manager
$0Pt VII · Sec A
$0Pt VII · Sec A
Sectreasurer
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Cindy Jean’s $62K as Executive Director is at the 60th percentile of top reported officer pay among 1265 $100K–1M philanthropy & grantmaking 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.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022
Cindy Jean$62,451$40,227

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Fresh Start for Women executive salaries →

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Governance & Policies

Part VI
  • 8Voting board membersPt VI · Ln 1a
  • 8Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Offers safe, affordable housing for single women and children rebuilding their lives.

Provided by the organization

This section is blank until Fresh Start for Women claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $167K of program spending, described in the organization's own filed words · FY2021.
01

Continue to create safe and affordable living arrangments for these single women typically coming out of addiction recovery programs. We assist them in getting jobs and the intent is to reunite them with their children, if applicable.

$167Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $259K$185K-10% 990 PDF
FY2023 $287K$226K-11% 990 PDF
FY2022 $324K$296K-2% 990 PDF
FY2021 Viewing $329K$167K-4% 990 PDF
FY2020 $342K$224K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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