New Start Foundation INC EIN 82-3544429 Form 990 (PDF) Claim this org

New Start Foundation INC

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Empowers individuals to master opportunities, revealing patterns for positive life change. For fiscal year 2025 it reported $93K in revenue, $163K in expenses, and $9K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Crime & Legal
Location
Hagerstown, MD
Filings
4 on file (2022–2025)
Revenue
$93KFY2025
Expenses
$163K
Net assets
$9K
People
3
Filings
4
Updates
0
More identity details & actions ⌄
EIN  82-3544429 Public charity (501(c)(3)) Hagerstown, MD Founded 2019
Form 990 (PDF)
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Size
<$100K
What they do
Empowers individuals to master opportunities, revealing patterns for positive life change.
Leadership
Shawn Johnson · Principal Officer
Money in and out
$93K revenue, $163K expenses
Bottom line
89% program efficiency
Where the money goes · FY2025
Total revenue
$93K
Pt VIII · Ln 12
Total expenses
$163K
Pt IX · Ln 25
Net assets
$9K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$69K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.11
Program efficiency
89%
of spending reaches programs▲ +78% vs prior filing year
Operating runway
0.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-74%
revenue over expenses, this year▼ -84% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$93K
FY2025▼ -31%
Expenses
$163K
FY2025▼ -14%
Total assets
$12K
FY2025
Total liabilities
$4K
FY2025
Total revenue
$93K
Pt VIII · Ln 12
Total expenses
$163K
Pt IX · Ln 25
Net assets
$9K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$69K
Total assetsPt X · Ln 16$12K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNew Start Foundation INC
EINHdr · item D82-3544429
Principal addressHdr · item CHagerstown, MD
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2019
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I40)
Ruling yearIRS BMFMar 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Principal Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $145K of program spending, described in the organization's own filed words · FY2025.
01

New Start Foundation is the opportunity for change in the willing participant who opens themselves to the mastery of the opportunity being offered. This mastery enables them to see the unseen pattern in everything to make it serve them in a positive way.

$145Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue100%$93K
Total revenueLn 12$93K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.11
Program services89%$145K
Management & general11%$18K
Total functional expensesLn 25$163K

Balance Sheet

Part X · end of year
CashLn 1$12K
Total assetsLn 16$12K
Total liabilitiesLn 26$4K
Total net assetsLn 32$9K
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $12K · Operating expenses/yr $163K
0.9 months
Where the money goes
Program services
Program services $145K · Total expenses $163K
89%
Management & General
Management & general $18K · Total expenses $163K
11%
Fundraising
Fundraising $0 · Total expenses $163K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $3K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $93K
0%
Government reliance
Government grants — · Total revenue $93K
Earned-income share
Program service revenue $93K · Total revenue $93K
100%
Investment reliance
Investment income $0 · Total revenue $93K
0%
Program self-sufficiency
Program service revenue $93K · Total expenses $163K
57%
Growth & trend
Revenue growth (YoY)
This year $93K · Prior year $135K
-31%
Net-asset trend (YoY)
End of year $9K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $93K · Expenses $163K
-74%
Liabilities-to-Assets
Total liabilities — · Total assets $12K
Net-asset ratio
Net assets $9K · Total assets $12K
71%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $12K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Shawn Johnson · Reported title PRINCIPAL OFFICER · Highest reported compensation $0 · Total expenses $163K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $4K · Total expenses $163K
3%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 11%
Revenue growth -31%

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.

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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
FY2025 (Latest)$93K revenue · viewing · ⤓ 990 PDF
FY2024$135K revenue · ⤓ 990 PDF
FY2023$111K revenue · ⤓ 990 PDF
FY2022$75K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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