New Power Medicine Inc

EIN: 833436407 501(c)(3) Health Care

St Petersburg, FL

Total Revenue
$507,790
Total Expenses
$549,184
Total Assets
$40,575
Net Assets
$1,978
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
FL
Principal Officer
Stephanie Palmer
Phone
7274988608
Tax Period
2024-01-01 to 2024-12-31

New Power Medicine Inc, founded in 2019, is a small nonprofit in the Health Care sector that reported $508K in total revenue in fiscal year 2024. Revenue surged 1034% from the prior year, signaling strong growth momentum.

Mission

The mission of New Power Medicine Inc is to educate the public about important health issues through discussion groups, seminars, and private consultations. The organization provides thorough assessments, personalized recommendations, and support to help prevent or address long-term health concerns in individuals and groups. New Power Medicine also offers select health services - including vitamin IV therapy, hormone support, and wellness programs - designed to enhance patient wellness. All services are delivered in alignment with current medical standards and under appropriate clinical oversight. Our goal is to empower every person, without discrimination, to live a longer, healthier life.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $507,790
Investment Income $0
Other Revenue $0
TOTAL REVENUE $507,790

Expense Breakdown

Grants Paid $0
Salaries & Benefits $209,142
Fundraising Expenses $0
Program Expenses $533,149
Other Expenses $340,042
TOTAL EXPENSES $549,184

Year-over-Year Comparison

2024 2023 Change
Revenue $507,790 $44,759 +10.3%
Expenses $549,184 $1,387 +395.0%
Net Income $-41,394 $43,372 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
2
Employees
9
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
3
$95,400
Total Directors
3
$95,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephanie Palmer President & Treasurer 40.00
Officer Director
$68,500 $0 $68,500
Alexandra Dinelli Vice President 40.00
Officer Director
$26,900 $0 $26,900
Kathleen Palmer Secretary 0.00
Officer Director
$0 $0 $0
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 $507,790 $549,184 $40,575 $-41,394
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