New Story Inc

We pioneer solutions to end global homelessness.

aka New Story Charity   |   Atlanta, GA   |
GuideStar Charity Check

New Story Inc

EIN: 47-2529408


New Story is a Y Combinator-backed nonprofit building thriving communities in the developing world. We work to create breakthrough tools, drive innovations, and identify best practices (our "Housing Innovation Toolkit") that power nonprofits, governments, and businesses that are working towards designing communities for those in need. We imagine a world where every family has the opportunity to thrive. We believe a home is the beginning of the economic uplift needed to transition out of day-to-day survival-mode living.

Ruling year info


Co-Founder, CEO

Brett Hagler

Main address

199 Armour Dr NE Suite A

Atlanta, GA 30324 USA

Show more contact info



Subject area info

Housing development

Human services

Population served info

Homeless people

NTEE code info

Human Service Organizations (P20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms



What we aim to solve

SOURCE: Self-reported by organization

1B+ humans live without safe shelter. We serve families who live day-to-day: by necessity, they're focused on providing the next meal, the next drink of water, and the next safe place to sleep. We imagine a world where every family has the opportunity to thrive. A home is the beginning of the economic uplift needed to transition out of survival mode.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

3D Printed Homes

In 2018, we worked with our partner ICON to build the first permitted 3D printed home in the US. The home was built in less than 48 hours, for a fraction of the cost of a typical new construction.

In 2019, we’ve been working with ICON to develop the Vulcan 2: a printer designed to build 3D printed homes for those who need them most. The Vulcan 2 will provide:
- Greater affordability per home
- Significant decrease in construction time
- Better quality and longterm security

Within the next year, we’ll break ground on the first community of 3D printed homes in history.

Population(s) Served
Homeless people

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

We pioneer solutions to end global homelessness.

At New Story, we CREATE hardware, software, and process solutions for the social housing sector. We iterate on our products until we can PROVE their potential to drive scalable global impact. We SHARE our solutions with nonprofits and governments around the world working to bring shelter to the 1B+ people currently in need.

Through our CREATE > PROVE > SHARE model, we democratize our products within the social housing sector, and are constantly pursuing new breakthroughs.

Traditional and linear methods will never reach the !B+ people who need adequate shelter. We believe taking calculated risks on innovative ideas will allow us to reach more families exponentially faster, with the best possible solutions.

Through building homes and communities, we seek to identify the biggest pain-points within the social housing sector. Equipped with a Technology team, R&D team, and Impact Data team, we are able to quickly develop solutions and directly address these inefficiencies and market failures. After thoroughly data-proving our work, we share our tools and lessons learned with our partners and the larger sector.

The unique blend of New Story's core competencies, distinct products and processes, and committed forward-thinking donors, all enable New Story to be the trusted innovation partner and "R&D arm" for the social housing sector.

So far, we've built 22 communities across 4 countries, impacting 11,000+ lives in just 5 years.

Additionally, we have developed partnerships with 25 organizations across 10 countries and 4 continents through democratizing our software tools, and look forward to continuing to expand our impact through sharing our technology.

We aim to continue to scale and build homes, while also empowering other organizations in our sector to build better homes, faster.


New Story Inc
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2019 info

SOURCE: IRS Form 990


Average of 63.85 over 5 years

Months of cash in 2019 info

SOURCE: IRS Form 990


Average of 9.1 over 5 years

Fringe rate in 2019 info

SOURCE: IRS Form 990


Average of 11% over 5 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

New Story Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

New Story Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

New Story Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of New Story Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2015 2016 2017 2018 2019
Unrestricted surplus (deficit) before depreciation $646,234 $29,503 $1,324,739 $988,316 $345,774
As % of expenses 69.7% 1.0% 40.8% 15.4% 4.6%
Unrestricted surplus (deficit) after depreciation $646,234 $28,552 $1,324,237 $986,545 $339,767
As % of expenses 69.7% 1.0% 40.7% 15.3% 4.5%
Revenue composition info
Total revenue (unrestricted & restricted) $1,797,892 $3,787,439 $5,580,370 $8,640,360 $10,413,447
Total revenue, % change over prior year 0.0% 110.7% 47.3% 54.8% 20.5%
Program services revenue 0.0% 0.0% 0.0% 1.3% 0.5%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 100.0% 100.0% 100.0% 98.7% 99.5%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $926,558 $2,903,364 $3,250,802 $6,434,268 $7,555,527
Total expenses, % change over prior year 0.0% 213.3% 12.0% 97.9% 17.4%
Personnel 9.2% 11.8% 18.3% 18.2% 27.8%
Professional fees 2.1% 1.1% 3.2% 4.9% 5.6%
Occupancy 0.6% 1.0% 1.3% 1.6% 1.4%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 79.3% 79.7% 62.2% 48.7% 34.0%
All other expenses 8.8% 6.4% 15.0% 26.7% 31.3%
Full cost components (estimated) info 2015 2016 2017 2018 2019
Total expenses (after depreciation) $926,558 $2,904,315 $3,251,304 $6,436,039 $7,561,534
One month of savings $77,213 $241,947 $270,900 $536,189 $629,627
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $4,548 $0 $17,708 $14,641
Total full costs (estimated) $1,003,771 $3,150,810 $3,522,204 $6,989,936 $8,205,802

Capital structure indicators

Liquidity info 2015 2016 2017 2018 2019
Months of cash 8.4 7.0 12.0 9.8 8.5
Months of cash and investments 8.4 7.0 12.1 10.2 8.8
Months of estimated liquid unrestricted net assets 8.4 1.8 6.5 5.1 4.9
Balance sheet composition info 2015 2016 2017 2018 2019
Cash $644,853 $1,701,415 $3,262,305 $5,254,526 $5,364,346
Investments $0 $0 $25,450 $188,668 $153,497
Receivables $225,100 $30,000 $800,000 $1,022,500 $4,667,675
Gross land, buildings, equipment (LBE) $0 $4,548 $2,509 $20,217 $34,858
Accumulated depreciation (as a % of LBE) 0.0% 20.9% 20.0% 11.2% 23.8%
Liabilities (as a % of assets) 0.7% 1.2% 1.1% 3.6% 10.8%
Unrestricted net assets $646,234 $441,495 $1,765,732 $2,752,277 $3,092,044
Temporarily restricted net assets $225,100 $1,276,963 $2,283,533 $3,500,674 N/A
Permanently restricted net assets $0 $0 $0 $0 N/A
Total restricted net assets $225,100 $1,276,963 $2,283,533 $3,500,674 $6,047,156
Total net assets $871,334 $1,718,458 $4,049,265 $6,252,951 $9,139,200

Key data checks

Key data checks info 2015 2016 2017 2018 2019
Material data errors No No No No No


The people, governance practices, and partners that make the organization tick.

Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Co-Founder, CEO

Brett Hagler

Brett is a cancer survivor, author, speaker, Y Combinator alum, and 2016 Forbes 30 Under 30 Entrepreneur. New Story has been named by Fast Company as one of the “Most Innovative Companies In The World” four times. Brett is a Y-Combinator Graduate and, in 2018, was named one of the Top 100 Most Intriguing Entrepreneurs by Goldman Sachs.

Number of employees

Source: IRS Form 990

New Story Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

New Story Inc

Highest paid employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

New Story Inc

Board of directors
as of 03/07/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Brett Hagler

CEO of New Story

C.J. Fitzgerald

Summit Partners

Steve Ayoub

Data Blue

Pete Flint


George Huber

Equity Investment Group / Dock Square Capital

Michael Arrieta


Brett Hagler

New Story

Vik Harrison

The Branded Startup & charity : water

Robert Hohman


Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 3/7/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.


The organization's leader identifies as:

Race & ethnicity
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

Race & ethnicity

Gender identity


Sexual orientation


No data

Equity strategies

Last updated: 02/07/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.


Fiscal year ending
There are no fundraisers recorded for this organization.