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Nonprofit · EIN 84-2546391

NEW START FOUNDATION

Tax-exempt · MEMPHIS, TN 38118

Financials

$74K$02023
Revenue Expenses · by fiscal year end
Financials of NEW START FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$73,500$0$73,500$103,500$0$103,500
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$73,500
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$30,000
Total assets, end of year
$103,500
Total liabilities, end of year
$0
Net assets, end of year
$103,500
Land, buildings and equipment
$60,000
Net assets without donor restrictions
$103,500
Gross receipts
$73,500
Employees
0
Volunteers
20
Year formed
2021
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Patrick H Carter IIIExecutive Director
Officer
8$0
Kimberley ByrdDirector of Administration
Officer
8$0
Eddie Byrd JrController
Officer
4$0
Robin T HobbsAdvocacy Director
Officer
8$0
Mattie Pearl CarterDirector of Philanthropy
Officer
8$0

Address and contacts

Address (IRS master file)
2851 LAMB PLACE, MEMPHIS, TN 38118-1550
In care of
% JESSIE
Mailing address (990-N for 2025)
2851 Lamb Place, Memphis TN 381181550
Principal officer (990 for 2023)
Patrick H Carter, 272 S Main St, Memphis, TN 38103
Principal officer (990-N for 2025)
Patrick H Carter, 272 S Main, Memphis TN 38103
Signed the 990
Patrick H Carter, Executive Director
Phone
(901) 413-5420
Return prepared by
Certified Tax Preparers LLC

Mission

Provide and facilitate employment and property ownership opportunities for the underserved citizens of Memphis, Tn.

990 for the year ended December 31, 2023

Program accomplishments

  • NA0

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-2546391
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Patrick H Carter
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Patrick H Carter
December 31, 2024≤ $50,000 receipts––e-Postcard
990December 2023$73,500$0$103,500XML
990-N for 2022
Officer: Patrick H Carter
December 31, 2022≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2546391).

Questions about NEW START FOUNDATION

What is the EIN of NEW START FOUNDATION?
The employer identification number (EIN) of NEW START FOUNDATION is 84-2546391.
Is NEW START FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to NEW START FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW START FOUNDATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NEW START FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW START FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of NEW START FOUNDATION?
The 990 for the year ended December 31, 2023 names Patrick H Carter.
Who are the officers and directors of NEW START FOUNDATION?
The 990 for the year ended December 31, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does NEW START FOUNDATION have?
On its 990 for the year ended December 31, 2023 it reported revenue of $73,500, expenses of $0 and total assets of $103,500 at year end.

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