Fresh Start Inc

EIN: 842492935 501(c)(3)

Bangor, ME

Total Revenue
$1,356,774
Total Expenses
$1,291,897
Total Assets
$5,042,582
Net Assets
$1,919,525
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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
ME
Principal Officer
Scott Pardy
Phone
2074818201
Tax Period
2025-01-01 to 2025-12-31

Fresh Start Inc, founded in 2019, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 5% surplus.

Mission

To provide sober living homes to people in drug and alcohol recovery.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,356,541
Program Service Revenue $0
Investment Income $233
Other Revenue $0
TOTAL REVENUE $1,356,774

Expense Breakdown

Grants Paid $0
Salaries & Benefits $274,935
Fundraising Expenses $0
Program Expenses $1,278,897
Other Expenses $1,016,962
TOTAL EXPENSES $1,291,897

Year-over-Year Comparison

2025 2024 Change
Revenue $1,356,774 $1,143,483 +0.2%
Expenses $1,291,897 $1,085,644 +0.2%
Net Income $64,877 $57,839 +0.1%
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
2
Independent Members
2
Employees
10
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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Scott Pardy President/CEO 50.00
$48,000 $0 $48,000
Peter Bos Director 0.00
Director
$0 $0 $0
Stephen Sprague Director 0.00
Director
$0 $0 $0
Scott Pardy President 0.00
Officer
$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
2025 $1,356,774 $1,291,897 $5,042,582 $64,877
2024 $1,143,483 $1,085,644 $4,362,590 $57,839
2023 $2,143,555 $346,746 $3,283,845 $1,796,809
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