BEGIN ANEW (EIN 352645586) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

WILLIAM ERHART

Phone

7632526570

Tax Period

2024-01-01 to 2024-12-31

BEGIN ANEW, founded in 2021, is a small nonprofit in the Mental Health sector that reported $550K in total revenue in fiscal year 2024. Revenue surged 102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $129K, a strong 23% operating margin.

Mission

OUR MISSION IS TO ADVOCATE AND SUPPORT INDIVIDUALS WHILE PROVIDING RESOURCES TO BEGIN THEIR UNIQUE JOURNEY IN RECOVERY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $389,449

Program Service Revenue $153,623

Investment Income $3

Other Revenue $6,445

TOTAL REVENUE $549,520

Expense Breakdown

Grants Paid $0

Salaries & Benefits $328,285

Fundraising Expenses $0

Program Expenses $404,216

Other Expenses $92,535

TOTAL EXPENSES $420,820

Year-over-Year Comparison

	2024	2023	Change
Revenue	$549,520	$271,695	+1.0%
Expenses	$420,820	$302,713	+0.4%
Net Income	$128,700	$-31,018	-5.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$64,904

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIRK LUNDMARK	DIRECTOR	1.00	Director	$0	$0	$0
MAX KUKER	DIRECTOR/ TREASURER	1.00	Director	$0	$0	$0
RUTH HEINONEN	CHAIR/ SECRETARY	1.00	Officer	$0	$0	$0
JOE MORRIS	VICE CHAIR	1.00	Officer	$0	$0	$0
JUSTIN MCNEAL	EXEC. DIRECTOR	50.00	Officer	$64,904	$0	$64,904

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$549,520	$420,820	$1,173	$128,700
2023	$271,695	$302,713	$9,045	$-31,018
2022	$227,360	$330,694	$4,326	$-103,334

BEGIN ANEW