Begin Anew
EIN: 352645586 · Ramsey, MN · NTEE: F22
| Metric | Value |
|---|---|
| Total Revenue | $550K |
| Total Expenses | $303K |
| Net Assets | $-128,635 |
Is Begin Anew Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Begin Anew
Begin Anew (EIN: 352645586) is a nonprofit organization based in Ramsey, MN, classified under NTEE code F22. The organization reported total revenue of $550K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Begin Anew's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Begin Anew is a small nonprofit that has been operating for 7 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 54.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $303K |
| Surplus / Deficit | $-31,018 |
| Total Assets | $9K |
| Total Liabilities | $138K |
| Net Assets | $-128,635 |
| Operating Margin | -11.4% |
| Debt-to-Asset Ratio | 1522.2% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, Begin Anew reported a deficit of $31K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 1522.2% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Begin Anew's revenue has grown at a compound annual growth rate (CAGR) of 54.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.5% | -8.5% | +109.1% |
| 2022 | +100.1% | +206.5% | -26.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Begin Anew has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Begin Anew with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1522.2%.
Frequently Asked Questions about Begin Anew
Is Begin Anew a legitimate charity?
Based on AI analysis of IRS 990 filings, Begin Anew (EIN: 352645586) insufficient data. 0 red flags identified, 0 strengths noted.
How does Begin Anew spend its money?
Detailed spending breakdown data is not yet available for Begin Anew. Check back for updated IRS 990 analysis.
Are donations to Begin Anew tax-deductible?
Begin Anew is registered as a tax-exempt nonprofit (EIN: 352645586). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Begin Anew located?
Begin Anew is headquartered in Ramsey, Minnesota and files with the IRS under EIN 352645586. It is classified under NTEE code F22.
How many years of IRS 990 filings does Begin Anew have?
Begin Anew has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $550K in total revenue.
Filing History
IRS 990 filing history for Begin Anew showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Begin Anew's revenue has grown by 139.1%, moving from $114K to $272K. Total assets increased by 54.7% over the same period, from $6K to $9K. Total functional expenses rose by 180.5%, from $108K to $303K. In its most recent filing year (2023), Begin Anew reported a deficit of $31K, with expenses exceeding revenue. The organization holds $138K in liabilities against $9K in assets (debt-to-asset ratio: 1522.2%), resulting in net assets of $-128,635.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $272K | $303K | $9K | $138K | — | — |
| 2022 | $227K | $331K | $4K | $102K | — | View 990 |
| 2021 | $114K | $108K | $6K | $131 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $272K, expenses of $303K, and assets of $9K (revenue +19.5% year-over-year).
- 2022: Revenue of $227K, expenses of $331K, and assets of $4K (revenue +100.1% year-over-year).
- 2021: Revenue of $114K, expenses of $108K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Begin Anew:
Data Sources and Methodology
This transparency report for Begin Anew is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.