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Nonprofiteer
← NEW STORY INC

Form 990 for tax year 2022

Filed by NEW STORY INC.

Totals

Total revenue
$11,537,929
Total expenses
$14,811,240
Contributions and grants received
$11,649,915
Grants paid
$6,493,769
Program service revenue
$3,267
Investment income
-$120,623
Other revenue
$5,370
Total assets, end of year
$14,589,450
Total liabilities, end of year
$4,667,755
Net assets or fund balances, end of year
$9,921,695
Program services expenses (Part IX)
$9,485,447
Management and general expenses
$2,318,548
Fundraising expenses
$3,007,245
Program service expenses (Part III)
$9,485,447

Program services were 64.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $456,789

  • 1f · All other contributions, gifts and grants

    $11,193,126

  • 1g · Noncash contributions included above

    $57,815

  • 2a · Program service revenue: SAAS REVENUE

    total $3,267 · related or exempt $3,267

  • 3 · Investment income

    total $12,221 · excluded $12,221

  • 7a · Gross sales of assets other than inventory

    securities $732,988

  • 7b · Less cost or other basis and sales expenses

    securities $865,832

  • 7c · Gain or loss

    securities -$132,844

  • 7d · Net gain or loss

    total -$132,844 · excluded -$132,844

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $5,370 · related or exempt $5,370

  • 11e · Other revenue, total

    $5,370

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,378,506 · program services $3,378,506

  • 3 · Grants to foreign organizations and individuals

    total $3,115,263 · program services $3,115,263

  • 5 · Compensation of officers, directors and key employees

    total $1,103,056 · program services $413,425 · management and general $183,014 · fundraising $506,617

  • 6 · Compensation of disqualified persons

    total $2,967,650 · program services $1,112,273 · management and general $492,380 · fundraising $1,362,997

  • 9 · Other employee benefits

    total $258,726 · program services $96,970 · management and general $42,927 · fundraising $118,829

  • 10 · Payroll taxes

    total $281,320 · program services $105,439 · management and general $46,675 · fundraising $129,206

  • 11b · Fees: legal

    total $27,295 · program services $6,824 · management and general $13,647 · fundraising $6,824

  • 11c · Fees: accounting

    total $101,664 · management and general $101,664

  • 11g · Fees: other

    total $1,080,341 · program services $649,252 · management and general $300,620 · fundraising $130,469

  • 12 · Advertising and promotion

    total $4,922 · program services $1,969 · management and general $984 · fundraising $1,969

  • 13 · Office expenses

    total $225,808 · program services $84,633 · management and general $37,465 · fundraising $103,710

  • 14 · Information technology

    total $203,617 · program services $76,316 · management and general $33,783 · fundraising $93,518

  • 16 · Occupancy

    total $246,165 · program services $92,262 · management and general $40,843 · fundraising $113,060

  • 17 · Travel

    total $675,433 · program services $253,152 · management and general $112,065 · fundraising $310,216

  • 19 · Conferences, conventions and meetings

    total $123,475 · program services $46,278 · management and general $20,487 · fundraising $56,710

  • 20 · Interest

    total $29,959 · management and general $29,959

  • 22 · Depreciation, depletion and amortization

    total $25,173 · management and general $25,173

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $757,055 · management and general $757,055

  • 24b · Other expenses: FITNESS AND WELLNESS

    total $73,700 · program services $29,480 · management and general $22,110 · fundraising $22,110

  • 24c · Other expenses: TRANSACTION FEES

    total $66,941 · program services $8,076 · management and general $26,092 · fundraising $32,773

  • 24d · Other expenses: MEALS

    total $37,826 · program services $14,177 · management and general $6,276 · fundraising $17,373

  • 24e · All other expenses

    total $27,345 · program services $1,152 · management and general $25,329 · fundraising $864

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,695,497 · end of year $4,489,638

  • 2 · Savings and temporary cash investments

    beginning of year $1,024,093 · end of year $710,805

  • 3 · Pledges and grants receivable

    beginning of year $8,387,329 · end of year $7,203,600

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $1,037,856

  • 9 · Prepaid expenses and deferred charges

    beginning of year $155,511 · end of year $59,246

  • 10a · Land, buildings and equipment: cost or other basis

    $127,668

  • 10b · Land, buildings and equipment: accumulated depreciation

    $61,093

  • 10c · Land, buildings and equipment, net

    beginning of year $54,063 · end of year $66,575

  • 11 · Investments: publicly traded securities

    beginning of year $65,976 · end of year $15,089

  • 12 · Investments: other securities

    beginning of year $342,020 · end of year $242,648

  • 15 · Other assets

    beginning of year $209,211 · end of year $763,993

  • 17 · Accounts payable and accrued expenses

    beginning of year $320,107 · end of year $112,696

  • 24 · Unsecured notes and loans payable

    beginning of year $2,690,878 · end of year $3,750,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $805,059

  • 27 · Net assets without donor restrictions

    beginning of year $4,575,772 · end of year $2,718,095

  • 28 · Net assets with donor restrictions

    beginning of year $8,346,943 · end of year $7,203,600

Mission and programs · 2022

Mission

NEW STORY, INC. IS A NONPROFIT ORGANIZATION FOUNDED IN 2014, WITH OPERATIONS COMMENCING IN 2015. NEW STORY'S FOCUS IS TO CREATE SUSTAINABLE AND SCALABLE HOUSING SOLUTIONS FOR VULNERABLE INDIVIDUALS AND FAMILIES AROUND THE WORLD.

Activities or mission (Part I)

NEW STORY, INC. IS A NONPROFIT BUILDING A MORE INCLUSIVE HOUSING MARKET FOR VULNERABLE FAMILIES.

  • NEW STORY, INC. PARTNERS WITH VETTED NONPROFIT ORGANIZATIONS, FINANCIAL INSTITUTIONS, AND HOUSING DEVELOPERS ("HOUSING PARTNERS") WHO PROVIDE SERVICES IN DEVELOPING COUNTRIES TO PROVIDE HOUSING SOLUTIONS FOR LOW INCOME FAMILIES. NEW STORY'S HOUSING PARTNERS ARE RESPONSIBLE FOR IDENTIFYING PEOPLE IN NEED OF HOUSING, SENDING NEW STORY INFORMATION ABOUT THOSE INDIVIDUALS AND FAMILIES, AND DELIVERING HOUSING SOLUTIONS.

    Expenses $9,485,447 · Grants $6,493,769 · Revenue $8,637

As filed on the 2022 return.

Listed in Part VII

  • MICHAEL ARRIETA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • STEPHEN AYOUB

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • CJ FITZGERALD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • PETE FLINT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ROBERT HOHMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • VIKTORIA HARRISON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • GEORGE HUBER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BRETT HAGLER

    CEO/CHAIRMAN AND SECRETARY

    Total calculated
    $269,466
    From this org
    $260,143
    From related orgs
    $0
    Other
    $9,323
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $246,016
    Bonus
    $0
    Other
    $14,127
    Deferred
    $0
    Nontaxable benefits
    $9,323
    Filer's total
    $269,466

  • MATTHEW MARSHALL

    CBO

    Total calculated
    $212,936
    From this org
    $204,853
    From related orgs
    $0
    Other
    $8,083
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,613
    Bonus
    $0
    Other
    $240
    Deferred
    $0
    Nontaxable benefits
    $8,083
    Filer's total
    $212,936

  • SARAH LEE

    COO

    Total calculated
    $224,960
    From this org
    $207,515
    From related orgs
    $0
    Other
    $17,445
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,365
    Bonus
    $0
    Other
    $150
    Deferred
    $0
    Nontaxable benefits
    $17,445
    Filer's total
    $224,960

  • MORGAN LOPES

    CTO

    Total calculated
    $215,308
    From this org
    $192,818
    From related orgs
    $0
    Other
    $22,490
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,668
    Bonus
    $0
    Other
    $150
    Deferred
    $0
    Nontaxable benefits
    $22,490
    Filer's total
    $215,308

  • JASON JUMONVILLE

    CFO

    Total calculated
    $180,386
    From this org
    $158,151
    From related orgs
    $0
    Other
    $22,235
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,678
    Bonus
    $0
    Other
    $473
    Deferred
    $0
    Nontaxable benefits
    $22,235
    Filer's total
    $180,386

  • TIMOTHY WHITACRE

    TECHNOLOGY

    Total calculated
    $162,952
    From this org
    $144,662
    From related orgs
    $0
    Other
    $18,290
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,662
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $18,290
    Filer's total
    $162,952

  • LUIS MANUAL RODRIGUEZ MEDINA

    BRANDING

    Total calculated
    $157,833
    From this org
    $157,833
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,833
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $157,833

  • SANDRA PRIETO GARZON

    STRATEGY

    Total calculated
    $142,704
    From this org
    $139,984
    From related orgs
    $0
    Other
    $2,720
    Hours/week
    40

  • MEGHAN CRESSMAN

    FUNDRAISING

    Total calculated
    $152,856
    From this org
    $132,821
    From related orgs
    $0
    Other
    $20,035
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $132,821
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $20,035
    Filer's total
    $152,856

  • TUCKER MARTIN

    INNOVATION

    Total calculated
    $140,977
    From this org
    $122,393
    From related orgs
    $0
    Other
    $18,584
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • PILAR CIMIENTA S DE RL DE CV

    C · REAL ESTATE DEVELOPER · MX

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202303209349302830

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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