2024-11-15T16:53:51-06:00 2023-12-31 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVE SUITE 600 DENVER CO 80237 990 2023-01-01 472529408 NEW STORY INC NEWS 5134536112 245 N HIGHLAND AVE 230-610 ATLANTA GA 30307 JASON JUMONVILLE CFO 5134536112 2024-11-15 1 1 DORI J EGGETT P00645252 3037409400 2024-11-15 2023 2024-10-15 13:58:12Z JASON JUMONVILLE 245 N HIGHLAND AVE 230-610 ATLANTA GA 30307 6164368 0 X WWW.NEWSTORYHOMES.ORG X 2014 GA NEW STORY, INC. IS A NONPROFIT BUILDING A MORE INCLUSIVE HOUSING MARKET FOR VULNERABLE FAMILIES. 8 7 37 7 0 0 11649915 4854583 3267 792 -120623 1021533 5370 201358 11537929 6078266 6493769 1613691 0 0 4329432 4507451 0 0 1766844 4058039 1729983 14881240 7851125 -3343311 -1772859 14589450 12304156 4667755 4155235 9921695 8148921 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. 0 0 5325385 1613691 140760 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. 5325385 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 15 0 1 37 1 0 1 MX 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI OH IL AL AK AR CA CO CT DC FL GA HI KS KY ME MD MA MN MS MO NV NH NJ NM NY NC ND OK OR PA RI SC TN UT VA WA WV WI X X BRETT HAGLER 5134536112 245 N HIGHLAND AVE 230-610 ATLANTA GA 30307 BRETT HAGLER CHIEF EXECUTIVE OFFICER 40.00 0.00 X X 288970 0 16892 CJ FITZGERALD CHAIRMAN 2.00 0.00 X 0 0 0 STEVE AYOUB DIRECTOR 2.00 0.00 X 0 0 0 GEORGE HUBER DIRECTOR 2.00 0.00 X 0 0 0 ROBERT HOHMAN DIRECTOR 2.00 0.00 X 0 0 0 PETE FLINT DIRECTOR 2.00 0.00 X 0 0 0 JOSE PEPE SHABOT DIRECTOR 2.00 0.00 X 0 0 0 VIKTORIA HARRISON DIRECTOR 2.00 0.00 X 0 0 0 SARAH LEE - THROUGH FEB 2024 CHIEF OPERATING OFFICER 40.00 0.00 X 216823 0 17396 JASON JUMONVILLE CHIEF FINANCIAL OFFICER 40.00 0.00 X 205300 0 30548 MATTHEW MARSHALL CHIEF BUSINESS OFFICER 40.00 0.00 X 169015 0 39047 LIEZL VAN RIPER CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 64403 0 9127 ADOLFO AGUIRRE GLOBAL CONTROLLER 40.00 0.00 X 183279 0 10270 CHRIS BARTON GENERAL COUNSEL 20.00 0.00 X 120000 0 0 SOPHIA O'ROURKE DIRECTOR OF PEOPLE & CULTURE 40.00 0.00 X 117708 0 7768 ANNIE BRANNON-THROUGH DEC 2023 DIRECTOR OF ENGAGEMENT 40.00 0.00 X 102437 0 29646 SANDRA PRIETO GARZON DIRECTOR OF STRATEGY AND IMPACT 40.00 0.00 X 223861 0 29915 1691796 0 190609 11 1 1 0 ABBOTT STRINGHAM & LYNCH 1901 S BASCOM AVE STE 105 CAMPBELL CA 95008 AUDIT AND TAX SERVICES 116800 1 167755 4686828 506168 4854583 SAAS REVENUE 518210 792 792 792 27506 27506 1065129 71102 994027 994027 994027 0 167755 15000 -15000 -15000 TAX REFUND 900099 131445 131445 LONG-TERM NOTE DISCOUNT 900099 88094 88094 FX LOSS 900099 -11704 -11704 8523 8523 216358 6078266 140760 0 1082923 1082292 1082292 531399 531399 1026771 646866 71874 308031 2940152 1852295 205811 882046 221660 139646 15516 66498 318868 200887 22321 95660 86175 77557 4309 4309 173565 34713 121495 17357 412349 258203 28076 126070 120676 50684 1207 68785 152339 86833 12187 53319 250746 125373 117851 7522 269553 134776 53911 80866 71469 16438 1429 53602 37500 37500 26685 26685 MEALS 83164 44077 13306 25781 OTHER EXPENSES 44140 2648 39285 2207 TRANSACTION FEES 42203 9285 23633 9285 BAD DEBT EXPENSE -40581 -6087 0 -34494 7851125 5325385 758896 1766844 4489638 4277389 710805 0 7203600 6163179 1037856 738731 59246 94471 397664 80929 66575 316735 15089 0 242648 130607 763993 583044 14589450 12304156 112696 279816 3750000 3250000 805059 625419 4667755 4155235 X 2718095 839979 7203600 7308942 9921695 8148921 14589450 12304156 -1772859 85 0 X X 0 1 X 1 0 X 10668464 10041624 13214385 11649915 4854583 50428971 10668464 10041624 13214385 11649915 4854583 50428971 7026285 43402686 1383 731 1642 12221 27506 43483 54389 52168 14753 8637 76390 206337 50678791 140760 0.85640 0.88650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 285386 285386 112278 80929 31349 316735 LEASE LIABILITIES 625419 625419 6209898 85 116547 116632 6093266 -15000 -15000 6078266 7982672 116547 15000 131547 7851125 0 7851125 PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISER EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISER EXPENSES PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 1 NORTH AMERICA 1 12 PROGRAM SERVICES HOME CONSTRUCTION 531399 1 12 0 0 1 12 531399 0 531399 NORTH AMERICA TO CONSTRUCT NEW HOMES RELATED TO THE ORGANIZATION'S PROGRAM 531399 ELECTRONIC TRANSFER 0 0 0 1 0 0 0 PART I, LINE 2: NEW STORY OBTAINS RECEIPTS TO SUPPORT THE CONSTRUCTION EXPENDITURES. PROJECT FUNDING IS DISTRIBUTED AT PROGRESS MILESTONES. THE EXISTENCE OF THE HOME CONSTRUCTION IS COLLECTED THROUGH A BI-WEEKLY CONSTRUCTION MANAGEMENT PLATFORM. THE GARDEN EVENT 167755 167755 15000 167755 167755 15000 15000 -15000 1 THE FULLER CENTER 701 S MARTIN LUTHER KING JR AMERICUS GA 31719 274732443 501(C)(3) 1082292 0 TO CONSTRUCT NEW HOMES RELATED TO THE ORGANIZATION'S PROGRAM 1 0 PART I, LINE 2: NEW STORY, INC. ONLY CONTRIBUTED TO ORGANIZATIONS THAT ARE EXEMPT UNDER IRC 501(C)(3) AND WHO USE THE FUNDS TO FURTHER ITS CHARITABLE MISSION OF PROVIDING HOUSING TO PEOPLE IN NEED. THE ORGANIZATION REQUIRES REPORTING TO PROVE THAT THE FUNDS ARE USED TO CONSTRUCT OR PROVIDE HOUSING. X 1 1 X X 0 0 0 0 0 0 0 0 0 BRETT HAGLER CHIEF EXECUTIVE OFFICER 246852 0 0 0 42118 0 0 0 16892 0 305862 0 0 0 SANDRA PRIETO GARZON DIRECTOR OF STRATEGY AND IMPACT 174246 0 0 0 49615 0 0 0 29915 0 253776 0 0 0 JASON JUMONVILLE CHIEF FINANCIAL OFFICER 204670 0 0 0 630 0 0 0 30548 0 235848 0 0 0 SARAH LEE - THROUGH FEB 2024 CHIEF OPERATING OFFICER 216223 0 0 0 600 0 0 0 17396 0 234219 0 0 0 MATTHEW MARSHALL CHIEF BUSINESS OFFICER 168055 0 0 0 960 0 30750 0 8297 0 208062 0 0 0 ADOLFO AGUIRRE GLOBAL CONTROLLER 183279 0 0 0 0 0 0 0 10270 0 193549 0 0 0 PART I, LINE 1A BRETT HAGLER WAS PAID A HOUSING STIPEND IN 2023. X 2 506168 MARKET VALUE 0 0 1 1 PART I, LINE 32B: NEW STORY USES FIDELITY TO OBTAIN AND TO SELL STOCK DONATIONS. FORM 990, PART VI, SECTION A, LINE 4 BY-LAWS WERE UPDATED ON OCTOBER 24, 2023 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTANT. THE FINAL VERSION OF THE TAX FILING IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS FOR REVIEW. A REPRESENTATIVE OF THE ORGANIZATION AUTHORIZES THE FINAL 990 WHICH IS THEN E-FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS REVIEW ALL POTENTIAL CONFLICTS OF INTEREST AT LEAST ANNUALLY. ALL PERSONNEL AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE (IN WRITING) POTENTIAL CONFLICTS AND ANY RELATED PARTY AFFILIATIONS. LOANS BETWEEN THE ORGANIZATION AND MEMBERS OF MANAGEMENT AND THE BOARD ARE STRICTLY PROHIBITED. THE ORGANIZATION SEEKS FULL TRANSPARENCY ON ALL RELATIONSHIPS. ANY POTENTIAL CONFLICTS (IN FACT OR APPEARANCE) ARE DISCUSSED OPENLY AND RESOLVED IN ACCORDANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES. COMPENSATION OF THE OTHER PERSONNEL AND KEY EMPLOYEES IS REVIEWED PERIODICALLY BY MEMBERS OF MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15 MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE COMPENSATION OF ALL HIGH-LEVEL PERSONNEL PERIODICALLY IN ACCORDANCE WITH IRS RULES AND REGULATIONS. EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES AND ALL RELATED BENEFITS. EVERY EFFORT IS MADE TO ENSURE THAT THE PROCESS IS THOROUGH AND TRANSPARENT IN ACCORDANCE WITH IRS GUIDELINES AND THE ORGANIZATION'S POLICIES AND PROCEDURES. COMPENSATION OF THE OTHER PERSONNEL AND KEY EMPLOYEES IS REVIEWED PERIODICALLY BY MEMBERS OF MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 FORMS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. NS NEXT MEXICO SA DE CV COLONIA BOSQUES DE CIDROS 18 PISO BOSQUES DE LAS LOMAS CDMX MX OFFICE MX NEW STORY INC C 56611 1.00000 0 COMUNIDADES PORVENIR DE RL DE CV COLONIA BOSQUES DE CIDROS 18 PISO BOSQUES DE LAS LOMAS CDMX MX REAL ESTATE DEVELOPER MX NEW STORY INC C 11590 1.00000 0 PILAR CIMIENTA S DE RL DE CV CALLE ALVARO OBREGON NUMBER EXTERIO COLONIA SANTIAGO MOMOXPAN SAN PEDRO CHOLULA MX REAL ESTATE DEVELOPER MX NEW STORY INC C 285386 1.00000 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 NS NEXT MEXICO B 868892 CASH COMUNIDADES PORVENIR B 65571 CASH PILAR CIMIENTA B 205942 CASH