New Power Medicine Inc
Nonprofit profile at a glance
- EIN
- 833436407
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-N 2023
- Location
- St Petersburg, FL, USA
- Phone
- 7274988608
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Health Program (Includes General Health and Wellness Promotion Services)
Reported finances
- Revenue
- $507,790
- Expenses
- $549,184
- Assets
- $40,575
- Liabilities
- $38,597
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Stephanie Palmer (President & Treasurer)
- Alexandra Dinelli (Vice President)
Highest reported compensation
- Stephanie Palmer (President & Treasurer): $68,500 total reported compensation
- Alexandra Dinelli (Vice President): $26,900 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of New Power Medicine Inc is to educate the public about important health issues through discussion groups, seminars, and private consultations. The organization provides thorough assessments, personalized recommendations, and support to help prevent or address long-term health concerns in individuals and groups. New Power Medicine also offers select health services - including vitamin IV therapy, hormone support, and wellness programs - designed to enhance patient wellness. All services are delivered in alignment with current medical standards and under appropriate clinical oversight. Our goal is to empower every person, without discrimination, to live a longer, healthier life.
What it reported doing in 2024
Educate the public concerning various health issues through discussion groups, seminars and private consultations. Provide in depth analysis, recommendations and assistance for aiding or reversing long term health problems in individuals or groups. Our goal is to help individuals, without discrimination, to live longer and healthier lives.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 90
- Accountability: 60
- Sustainability: 13
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.1%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 14th percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -8.2%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 0.95; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 17.4%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 97.1% of spending went to programs
- Governance: 2 of 3 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $533K in reported program spending
- Leadership: top reported pay $68K · 3 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Sustainability: Operating margin scored 19/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- High — Sustainability: Officer compensation ratio scored 18/100.