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NEVER TOO LATE TO START INC
NEW YORK, NY · EIN 844554416 · Form 990 · FY2024 · Micro (<$100K) · nevertoolatetostart.org
revenue
$20K
expenses
$27K
net assets
$10K
employees
0
program ratio
100%
mission · from form 990

NEVER TOO LATE TO START ACKNOWLEDGES THAT WITH AGE COMES MANY SIGNIFICANT ADVANTAGES WHEN STARTING A NEW BUSINESS, ONE OF WHICH IS A COMMITMENT TO MAKING YOUR PASSION NOT ONLY A FINANCIAL WIN, BUT YOUR LEGACY. OUR MISSION IS TO HELP ALL ENTREPRENEURS, AT ANY AND EVERY AGE.

profile · synthesized from sources

Never Too Late to Start is a nonprofit organization founded by Joseph Sprung and Richard Fink to support entrepreneurs, particularly those 45 and older, by providing resources, networking opportunities, and conferences. The organization emphasizes the advantages of starting a business later in life and aims to empower individuals through events like the Women's Entrepreneurship Conference. It operates under the umbrella of Bear Givers, a New York-based nonprofit.

named programs · 1 · from sources

What they call their work

Women’s Entrepreneurship Conference (WEC)
Annual or semi-annual conference providing networking, access to funding, and expert advice for women entrepreneurs, particularly those starting businesses later in life
activities · 5 groups

What they do

  • Startup Acceleration & Business Growth Support 2 activities
    • Offers expert-led instruction on business development
      Features expert speakers and panelists who provide practical instruction on starting and growing a business, covering topics such as branding, financing, and market testing.
    • Provides educational resources for entrepreneurs
      Offers podcasts, videos on its YouTube channel, and blog posts with current news and advice to support aspiring and growing entrepreneurs through accessible digital content.
  • Women's Leadership & Career Advancement Networks 1 activity
    • Hosts entrepreneurship conferences and events
      Organizes a series of entrepreneurship conferences and events featuring expert speakers, panelists, networking opportunities, and access to funding. The Women's Entrepreneurship Conference (WEC), launched in November 2018, was the organization's first project.
  • Professional Networking Events 1 activity
    • Hosts signature networking events with expert access
      Hosts a 2-hour signature cocktail networking event featuring an open bar, hors d'oeuvres, and 'Ask the Expert' stations staffed by industry professionals to facilitate connections and learning.
  • Youth and Student Entrepreneurship Competitions 1 activity
    • Organizes pitch competitions with cash prizes
      Hosts pitch competitions in partnership with 30 Second Pitch™, each offering a prize pool exceeding $10,000 to support and incentivize entrepreneurial talent.
  • Podcast and Radio Production 1 activity
    • Produces the Never Too Late Podcast
      Produces a podcast titled 'Never Too Late' that shares personal stories of individuals from diverse backgrounds who achieved success or started new ventures later in life, aiming to inspire entrepreneurial pursuits.
financials · form 990 · fy2024
revenue
Total revenue$20K
Contributions & grants$20K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$27K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$3K
Largest expense lineCompensation
balance sheet
Total assets$10K
Cash$10K
Investments$0
Liabilities$0
Net assets$10K
Liquid reserves4.4 mo
3 years on record · 2020–2024 · YoY revenue -33.3%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • DIANE LEMPERT — SECRETARYTREASURER
  • JOSEPH SPRUNG — PRESIDENT
  • RICHARD FINK — VICE PRESIDENT
relationships · 5

Who they work with

  • 30 Second Pitch Partner — Collaborative venture through which Never Too Late to Start co-founder Joseph Sprung identified the need for supporting later-life entrepreneurs.
  • 30 Second Pitch™ Partner — Hosts pitch competitions in partnership with 30 Second Pitch™, a sister-company.
  • BEAR GIVERS Government — BEAR GIVERS is identified as the New York non-profit organization operating the website and receiving donations.
  • SBA Partner — References SBA as a resource partner for entrepreneurs.
  • WP Frank Partner — Provider of the Flickr album gallery plugin used on the website
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Age-as-Advantage Entrepreneurship
    methodology: age-as-advantage entrepreneurship
    By framing life experience and age as strategic assets, we increase entrepreneurial confidence and participation among older adults, because it reframes perceived liabilities into sources of wisdom, credibility, and resilience that enhance business creation and legacy-building.
  • Community-Integrated Entrepreneurial Events
    methodology: community-driven event design
    By combining professional development with social engagement in accessible, informal settings, we increase participation and retention among older entrepreneurs, because reducing social barriers fosters belonging and sustains motivation.
  • Entrepreneurial Education as Accessible Empowerment
    methodology: entrepreneurial_support_through_education
    By providing accessible educational content, we lower barriers to business creation, because practical knowledge on starting and managing ventures increases self-efficacy and reduces the intimidation of entry, especially for late-life entrepreneurs.
  • Storytelling for Inspiration and Validation
    methodology: storytelling_for_inspiration
    By sharing lived-experience stories of entrepreneurial success at any age, we inspire action and build self-efficacy, because relatable narratives reduce isolation, normalize struggle, and make entrepreneurship feel accessible regardless of life stage.