2024-09-05T10:01:42-05:00 2023-12-31 204989621 VERDEJA & ALVAREZ LLP 255 ALHAMBRA CIR STE 630 CORAL GABLES FL 331347417 990 2023-01-01 831833081 NEW GROWTH INNOVATION NETWORK NEWG 3053998087 2103 CORAL WAY 2ND FLOOR MIAMI FL 33145 M YASMINA MCCARTY CEO AND PRESIDENT 3053998087 2024-09-05 1 1 OCTAVIO R VERDEJA P00678119 3054463177 2024-09-05 2023 2024-08-08 14:25:15Z M YASMINA MCCARTY 2103 CORAL WAY 2ND FLOOR MIAMI FL 33145 1835314 0 X NEWGROWTH.ORG X 2018 IL TO BUILD A ROBUST FIELD OF INCLUSIVE GROWTH PRACTICE THAT DRIVES A MORE INCLUSIVE, PROSPEROUS ECONOMY. 15 15 12 0 0 0 4225478 1832064 0 0 0 0 0 3250 4225478 1835314 0 0 0 0 798625 1788568 0 0 0 558324 960901 1356949 2749469 2868529 -914155 3511444 2746301 16490 165502 3494954 2580799 X TO BUILD A ROBUST FIELD OF INCLUSIVE GROWTH PRACTICE THAT DRIVES A MORE INCLUSIVE, PROSPEROUS ECONOMY. 0 0 2240331 NEW GROWTH INNOVATION NETWORK (NGIN) IS A NATIONAL NONPROFIT FOCUSED ON ADVANCING INCLUSIVE ECONOMIC DEVELOPMENT TO ENSURE THAT ECONOMICALLYDISENFRANCHISED INDIVIDUALS AND COMMUNITIES CAN LEAD, SHAPE AND BENEFITFROM REGIONAL ECONOMIC GROWTH AND PROSPERITY. IN 2023, NGIN LAUNCHEDTWO NATIONAL PROGRAMS, THE SMALL AND MIDSIZE CITY HUB SUPPORTINGCOMMUNITY AND ECONOMIC LEADERS IN 118 CITIES IN 44 STATES AND THEEQUITY IMPACT INVESTMENTS PROGRAM, BUILDING CAPACITY FOR 120 COMMUNITYAND ECONOMIC DEVELOPMENT ORGANIZATIONS AND ADVANCING PARTNERSHIPS IN 24LOCATIONS. ADDITIONALLY, NGIN SCALED THE ADVANCING ECONOMIC MOBILITYPROGRAM IN 5 LOCATIONS, DEEPENED INSIGHTS ON INCLUSIVE TECHNOLOGY-BASEDECONOMIC DEVELOPMENT (I-TBED), LAUNCHED INSIGHTS ON EQUITY IN FEDERALINVESTMENTS, LAUNCHED INSIGHTS ON INCLUSIVE INDUSTRY CLUSTERS AND BEGANWORK ON EQUITABLE DEVELOPMENT OF CLIMATE AND CLEANTECH INVESTMENTS. 2240331 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL IL X M YASMINA MCCARTY 3053998087 2103 CORAL WAY 2ND FLOOR MIAMI FL 33145 MAURICE JONES CO-CHAIR 2.00 X X 0 0 0 KATHLEEN LEE CO-CHAIR 2.00 X X 0 0 0 DAVID WARM TREASURER 2.00 X X 0 0 0 RODRICK MILLER SECRETARY 2.00 X X 0 0 0 CATHY BELK DIRECTOR 2.00 X 0 0 0 BETSY BIEMANN DIRECTOR 2.00 X 0 0 0 PAUL BROPHY DIRECTOR 2.00 X 0 0 0 TIM FERGUSON DIRECTOR 2.00 X 0 0 0 JOHN IRONS DIRECTOR 2.00 X 0 0 0 PAT O'BRIEN DIRECTOR 2.00 X 0 0 0 RANDAL PINKETT DIRECTOR 2.00 X 0 0 0 LYNEIR RICHARDSON DIRECTOR 2.00 X 0 0 0 MARLENE SELTZER DIRECTOR 2.00 X 0 0 0 ROB SIMPSON DIRECTOR 2.00 X 0 0 0 ROBERT WEISSBOURD DIRECTOR 2.00 X 0 0 0 M YASMINA MCCARTY CEO AND PRESIDENT 40.00 X 228800 0 0 SWATI GHOSH VICE PRESIDENT, INSIGHTS AND INNOVATIONS 40.00 X 183872 0 0 412672 0 0 2 0 1 0 0 1057136 774928 1832064 OTHER INCOME 3250 3250 3250 1835314 3250 0 0 412672 383336 29336 1125338 1050165 75173 58685 54765 3920 99729 93067 6662 92144 87682 4462 130116 222 129894 142908 45250 97658 248954 183587 65367 SUBAWARDS 301671 294551 7120 GENERAL AND ADMINISTRAT 83613 3911 79702 CONSULTING FEES 39500 39250 250 OTHER EXPENSES 14139 4545 9594 2749469 2240331 509138 0 1957471 586338 1553973 2159963 3511444 2746301 16490 165502 16490 165502 X 266153 513400 3228801 2067399 3494954 2580799 3511444 2746301 -914155 0 X 0 1 X 1 1 1 X 913250 709204 838917 4225478 1832064 8518913 913250 709204 838917 4225478 1832064 8518913 4457756 4061157 3250 3250 8522163 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1835314 0 1835314 0 1835314 2749469 0 2749469 0 2749469 PART X, LINE 2: THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 12/31/23, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2020. X 0 0 0 0 0 0 0 0 0 M YASMINA MCCARTY CEO AND PRESIDENT 228800 0 0 0 0 0 0 0 0 0 228800 0 0 0 SWATI GHOSH VICE PRESIDENT, INSIGHTS AND INNOVAT 183872 0 0 0 0 0 0 0 0 0 183872 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 TWO BOARD MEMBERS (WEISSBOURD AND RICHARDSON) ARE CO-OWNERS IN A FOR PROFIT BUSINESS. FORM 990, PART VI, SECTION B, LINE 11B DRAFT 990 IS PROVIDED TO THE BOARD TREASURER FOR DETAILED REVIEW AND DISSEMINATION TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE ASKED TO IDENTIFY ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTOR UTILIZES BENCHMARKING INFORMATION TO PROPERLY SET COMPENSATION OF CEO AND OTHER EXECUTIVE OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANICAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. NO SUCH REQUESTS WERE MADE DURING THE YEAR.