Fresh Start Transitional Homes Inc
Fresh Start Transitional Homes consistently directs nearly all revenue to programs with no reported officer compensation.
EIN: 203958794 · New Baltimore, MI · NTEE: F33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.4M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $125K |
| Transparency Score | 92/100 |
Is Fresh Start Transitional Homes Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fresh Start Transitional Homes Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fresh Start Transitional Homes Inc
Fresh Start Transitional Homes Inc (EIN: 203958794) is a nonprofit organization based in New Baltimore, MI, classified under NTEE code F33. The organization reported total revenue of $2.8M and total assets of $229K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fresh Start Transitional Homes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fresh Start Transitional Homes Inc is a mid-size nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$107K |
| Total Assets | $125K |
| Net Assets | $125K |
| Operating Margin | 4.4% |
| Months of Reserves | 0.6 months |
Financial Health Grade: A
In 2023, Fresh Start Transitional Homes Inc reported a surplus of $107K with revenue exceeding expenses, holds 0.6 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Fresh Start Transitional Homes Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.9% | +34.9% | -62.9% |
| 2022 | +36.2% | +23.9% | +623.7% |
| 2021 | -1.0% | -8.5% | +44.5% |
| 2019 | +48.4% | +48.2% | +0.6% |
| 2018 | -2.1% | +0.5% | +11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fresh Start Transitional Homes Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Fresh Start Transitional Homes Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $107K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization of its size, with revenues exceeding $2 million, and suggests a volunteer-led or externally compensated leadership structure, which significantly reduces administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Fresh Start Transitional Homes Inc's IRS 990 filings:
- Unusually low asset base relative to annual revenue, potentially indicating limited reserves for unforeseen circumstances.
- Lack of detailed information on how the organization operates with 0% officer compensation, which could warrant further inquiry into leadership structure and support.
Strengths
The following positive indicators were identified for Fresh Start Transitional Homes Inc:
- Exceptional program spending efficiency, with expenses consistently close to revenue.
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds to the mission.
- Significant and sustained revenue growth over the past decade, demonstrating increasing capacity and impact.
- Low liabilities in recent years, such as $0 in 2023, indicating sound financial management.
- Clear alignment between the organization's name, NTEE code (F33 - Transitional Housing), and likely programmatic focus.
Frequently Asked Questions about Fresh Start Transitional Homes Inc
Is Fresh Start Transitional Homes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fresh Start Transitional Homes Inc (EIN: 203958794) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Fresh Start Transitional Homes Inc spend its money?
Fresh Start Transitional Homes Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fresh Start Transitional Homes Inc tax-deductible?
Fresh Start Transitional Homes Inc is registered as a tax-exempt nonprofit (EIN: 203958794). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fresh Start Transitional Homes Inc CEO make?
Fresh Start Transitional Homes Inc's highest-compensated officer earns $2 annually. The organization reported $2.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Fresh Start Transitional Homes Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Fresh Start Transitional Homes Inc is above average for NTEE category F33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fresh Start Transitional Homes Inc located?
Fresh Start Transitional Homes Inc is headquartered in New Baltimore, Michigan and files with the IRS under EIN 203958794. It is classified under NTEE code F33.
How many years of IRS 990 filings does Fresh Start Transitional Homes Inc have?
Fresh Start Transitional Homes Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.8M in total revenue.
How does Fresh Start Transitional Homes Inc manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation, which is exceptional for an organization of this scale. This could imply that leadership roles are filled by volunteers, or that officers are compensated through other entities or arrangements not reported on the 990 as direct compensation from Fresh Start Transitional Homes Inc.
What is the primary source of Fresh Start Transitional Homes Inc's revenue?
While the provided data doesn't detail specific revenue sources, the consistent and significant revenue growth from $815,558 in 2013 to $2,458,309 in 2023 suggests a robust funding model, likely including government grants, program service fees, or significant public support given its NTEE code for transitional housing.
Why do assets fluctuate significantly year-to-year, such as from $336,334 in 2022 to $124,736 in 2023?
Fluctuations in assets can be common for nonprofits. This could be due to the timing of grant receipts and expenditures, investments in program-related assets that are then expensed, or changes in cash reserves held at year-end. Given the nature of transitional housing, assets might include properties or operational funds that are regularly utilized.
Filing History
IRS 990 filing history for Fresh Start Transitional Homes Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Fresh Start Transitional Homes Inc's revenue has grown by 222.8%, moving from $762K to $2.5M. Total assets increased by 1743% over the same period, from $7K to $125K. Total functional expenses rose by 206.8%, from $766K to $2.4M. In its most recent filing year (2023), Fresh Start Transitional Homes Inc reported a surplus of $107K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.4M | $125K | $0 | — | — |
| 2022 | $2.1M | $1.7M | $336K | $288K | — | View 990 |
| 2021 | $1.5M | $1.4M | $46K | $280K | — | View 990 |
| 2019 | $1.5M | $1.5M | $32K | $29K | — | View 990 |
| 2018 | $1.0M | $1.0M | $32K | $26K | — | View 990 |
| 2017 | $1.1M | $1.0M | $29K | $19K | — | View 990 |
| 2016 | $982K | $982K | $10K | $0 | — | View 990 |
| 2015 | $849K | $856K | $11K | $0 | — | View 990 |
| 2014 | $933K | $951K | $14K | $0 | — | View 990 |
| 2013 | $816K | $784K | $33K | $0 | — | View 990 |
| 2012 | $828K | $855K | $5K | $5K | — | View 990 |
| 2011 | $762K | $766K | $7K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.4M, and assets of $125K (revenue +18.9% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.7M, and assets of $336K (revenue +36.2% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.4M, and assets of $46K (revenue -1.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $32K (revenue +48.4% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.0M, and assets of $32K (revenue -2.1% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $29K (revenue +7.5% year-over-year).
- 2016: Revenue of $982K, expenses of $982K, and assets of $10K (revenue +15.7% year-over-year).
- 2015: Revenue of $849K, expenses of $856K, and assets of $11K (revenue -9.0% year-over-year).
- 2014: Revenue of $933K, expenses of $951K, and assets of $14K (revenue +14.4% year-over-year).
- 2013: Revenue of $816K, expenses of $784K, and assets of $33K (revenue -1.4% year-over-year).
- 2012: Revenue of $828K, expenses of $855K, and assets of $5K (revenue +8.7% year-over-year).
- 2011: Revenue of $762K, expenses of $766K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fresh Start Transitional Homes Inc:
Data Sources and Methodology
This transparency report for Fresh Start Transitional Homes Inc 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.