NEW PROFIT INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- NEW PROFIT INC (EIN 04-3396766)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-07-16
- IRS object ID
- 202541979349301529
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-07-16T14:25:42-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AAFCPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043396766 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW PROFIT INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWP | BusinessNameControlTxt |
| Phone | 6179128800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 BEDFORD STREET 500 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02111 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUG BORCHARD | PersonNm |
| Person Title | MANAGING PARTNER, COO | PersonTitleTxt |
| Phone | 6179128800 | PhoneNum |
| Signature | 2025-07-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CAITLIN LIMOGES CPA | PreparerPersonNm |
| PTIN | P01633588 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2025-07-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DOUG BORCHARD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 BEDFORD STREET 500 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $33,625,326 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NEWPROFIT.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1997 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | NEW PROFIT IS A VENTURE PHILANTHROPY ORGANIZATION THAT CATALYZES THE IMPACT OF SOCIAL ENTREPRENEURS WHO ARE EXPANDING ACCESS AND OPPORTUNITY IN AMERICA. WE PROVIDE CAPITAL, CAPACITY, AND COMMUNITY TO A PORTFOLIO OF ORGANIZATIONS TO INCREASE THEIR IMPACT, SCALE, AND SUSTAINABILITY. AND WE PARTNER WITH SOCIAL ENTREPRENEURS, PHILANTHROPISTS, AND CROSS-SECTOR LEADERS TO SHIFT HOW THE PHILANTHROPIC SECTOR PURSUES SOCIAL CHANGE AND ENSURES THAT EVERYONE IN AMERICA CAN THRIVE. SINCE 1998, NEW PROFIT HAS INVESTED OVER $350M IN 275+ HIGH-IMPACT ORGANIZATIONS SERVING MORE THAN 35 MILLION PEOPLE IN ALL 50 STATES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 99 | TotalEmployeeCnt |
| Total Volunteers | 21 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $71,496,194 | PYContributionsGrantsAmt |
| CY Contributions Grants | $29,503,554 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $105,877 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $109,958 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,271,689 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,011,814 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $74,873,760 | PYTotalRevenueAmt |
| CY Total Revenue | $33,625,326 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $17,096,668 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $16,880,857 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,104,593 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $16,511,053 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,408,267 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $8,388,674 | PYOtherExpensesAmt |
| CY Other Expenses | $10,357,003 | CYOtherExpensesAmt |
| PY Total Expenses | $40,589,935 | PYTotalExpensesAmt |
| CY Total Expenses | $43,748,913 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $34,283,825 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$10,123,587 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $130,066,105 | TotalAssetsBOYAmt |
| Total Assets EOY | $120,251,296 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,720,882 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,031,563 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $128,345,223 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $118,219,733 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $13,345,762 | ExpenseAmt |
| Grant | $9,500,000 | GrantAmt |
| Revenue | $109,958 | RevenueAmt |
| Desc | SEE SCHEDULE O. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $10,440,866 | ExpenseAmt |
| Grant | $621,690 | GrantAmt |
| Desc | SEE SCHEDULE O. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,879,159 | ExpenseAmt |
| Grant | $4,416,667 | GrantAmt |
| Desc | SEE SCHEDULE O. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | GrantGrantAmt | DescDesc |
|---|---|---|
| $4,577,736 | $2,342,500 | PORTFOLIO CATALYZE THROUGH OUR CATALYZE INVESTMENTS, WE PROVIDE $100K UNRESTRICTED GRANTS, STRATEGIC ADVICE, AND A PEER LEARNING COMMUNITY OVER ONE TO TWO YEARS. OUR COHORT-BASED MODEL ENABLES SOCIAL ENTREPRENEURS TO BUILD COMMUNITY WITH PEERS AND PARTICIPATE IN A SERIES OF IN-PERSON CONVENINGS AND WEBINARS. THIS PROGRAMMING IS DESIGNED TO SUPPORT ORGANIZATIONS DEEPENING THEIR IMPACT AND SCALING THEIR MODELS BY TACKLING KEY LEADERSHIP AND ORGANIZATIONAL CHALLENGES THEY FACE.OUR GRANTEES ARE DRIVING IMPACT IN EDUCATION, HEALTH, CRIMINAL JUSTICE REFORM, DEMOCRACY, AND ECONOMIC MOBILITY. |
| $1,235,636 | PORTFOLIO - PORTFOLIO PERFORMANCE & SUPPORTNEW PROFIT ASSUMES A VARIETY OF ROLES WITH GRANTEES INCLUDING ADVISOR, COACH, AND BOARD MEMBER, IN ORDER TO PROVIDE STRATEGIC GUIDANCE GEARED TOWARDS BUILDING ORGANIZATIONS' KEY CAPABILITIES. WE BELIEVE THAT INCREASES IN THESE CAPABILITIES INCLUDING LEADERSHIP, IMPACT MODEL, STRATEGIC MANAGEMENT AND PLANNING, AND ECONOMIC MODEL ARE THE NECESSARY FOUNDATION FOR IMPACT, SCALE, AND SUSTAINABILITY, IN THE LONG-TERM. THROUGHOUT THE GRANT TERM, NEW PROFIT ALSO INVITES GRANTEES AND ALUMNI TO TAKE PART IN CONVENINGS THAT BRING TOGETHER PEER ORGANIZATIONS, FIELD EXPERTS, AND PHILANTHROPIC PLAYERS FROM ACROSS OUR NATIONAL NETWORK. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $5,813,372 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $2,342,500 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $34,479,159 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 96 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 99 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOUG BORCHARD COO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6179128800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 BEDFORD STREET 500 | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02111 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| TULAINE MONTGOMERY | ||||||||
| CEO | 45.00 | Yes (X) | Yes (X) | $523,644 | $0 | $17,045 | ||
| VANESSA KIRSCH | ||||||||
| FOUNDER IN RESIDENCE AND SENIOR PARTNER | 45.00 | Yes (X) | Yes (X) | $361,450 | $0 | $34,721 | ||
| STEVE JENNINGS | ||||||||
| CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| STEVE BARNES | ||||||||
| DIRECTOR (UNTIL 5/2024) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSH BEKENSTEIN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KERWIN CHARLES | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SAM COBBS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALISA DOCTOROFF | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID GERGEN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STACY JANIAK | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WENDY KOPP | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MATT LEVIN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HENRY MCCANCE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DUNCAN MCFARLAND | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KWASI MITCHELL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| VALERIE MOSLEY | ||||||||
| DIRECTOR (UNTIL 10/2024) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KRISTIN MUGFORD | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK NUNNELLY | ||||||||
| DIRECTOR (UNTIL 5/2024) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DEBORAH QUAZZO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN RICE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN SPECTOR | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| VENKAT SRINIVASAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFFREY WALKER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DOUGLAS BORCHARD | ||||||||
| MANAGING PARTNER, COO | 45.00 | Yes (X) | $345,173 | $0 | $21,002 | |||
| IAN MAGEE | ||||||||
| MANAGING PARTNER, CFO | 45.00 | Yes (X) | $274,268 | $0 | $17,036 | |||
| ELIZA GREENBERG | ||||||||
| PRESIDENT | 45.00 | $342,703 | $0 | $27,282 | Yes (X) | |||
| GIA TRUONG | ||||||||
| MANAGING PARTNER, EQUITY & PROXIMITY | 45.00 | $248,766 | $0 | $34,707 | Yes (X) | |||
| MATRIKA BAILEY-TURNER | ||||||||
| CHIEF OF STAFF | 45.00 | $169,016 | $0 | $10,874 | Yes (X) | |||
| DAVID LEVY | ||||||||
| SENIOR ADVISOR | 45.00 | $359,965 | $0 | $8,168 | Yes (X) | |||
| DEBORAH SMOLOVER | ||||||||
| MANAGING PARTNER,ED OF AMERICA FORWARD | 45.00 | $338,948 | $0 | $33,283 | Yes (X) | |||
| SHRUTI SEHRA | ||||||||
| MANAGING PARTNER,ECOSYSTEM BUILDING AND EDUCATION | 45.00 | $248,261 | $0 | $17,026 | Yes (X) | |||
| SHAWN DOVE | ||||||||
| MANAGING PARTNER,ECOSYSTEM BUILDING | 45.00 | $245,522 | $0 | $28,707 | Yes (X) | |||
| DERREK SHULMAN | ||||||||
| PARTNER, SENIOR PHILANTHROPIC ADVISOR | 45.00 | $231,658 | $0 | $34,704 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,689,374 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $284,555 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 61 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SUSAN ASIYANBI DBA O PRACTICE LLC | |||||
| 1474 S PRARIE AVE UNIT B | CHICAGO | IL | 60605 | LEADERSHIP COACHING | $481,875 |
| LANCE POTTER DBA EVALUATION STRATEGY LL | |||||
| 5019 RENO RD NW | WASHINGTON | DC | 20008 | EVALUATION AND PORTFOLIO SUPPORT | $267,750 |
| MCPHERSON STRATEGIES LLC | |||||
| 190 STATE ST 11A | BROOKLYN | NY | 11201 | COMMUNICATION STRATEGY & IMPLEMENTATION | $249,374 |
| JEFF NELSON | |||||
| 1135 MOREHEAD CT | ANN ARBOR | MI | 48103 | PORTFOLIO SUPPORT AND STRATEGY | $213,250 |
| PEOPLE ROCKET LLC | |||||
| 584 CASTRO ST 676 | SAN FRANCISCO | CA | 94114 | PIPELINE RESEARCH AND DEVELOPMENT | $170,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $29,503,554 | AllOtherContributionsAmt |
| Noncash Contributions | $124,949 | NoncashContributionsAmt |
| Total Contributions | $29,503,554 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NETWORKING EVENT FEES | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $109,958 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $109,958 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $109,958 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,011,814 | TotalRevenueColumnAmt |
| Exclusion | $4,011,814 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $33,625,326 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $109,958 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,011,814 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,880,857 | TotalAmt |
| Program Services | $16,880,857 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,456,498 | TotalAmt |
| Program Services | $461,047 | ProgramServicesAmt |
| Management And General | $1,624,395 | ManagementAndGeneralAmt |
| Fundraising | $371,056 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,633,776 | TotalAmt |
| Program Services | $7,817,943 | ProgramServicesAmt |
| Management And General | $1,845,575 | ManagementAndGeneralAmt |
| Fundraising | $1,970,258 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $257,143 | TotalAmt |
| Program Services | $163,682 | ProgramServicesAmt |
| Management And General | $50,826 | ManagementAndGeneralAmt |
| Fundraising | $42,635 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,205,105 | TotalAmt |
| Program Services | $768,927 | ProgramServicesAmt |
| Management And General | $234,664 | ManagementAndGeneralAmt |
| Fundraising | $201,514 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $958,531 | TotalAmt |
| Program Services | $567,728 | ProgramServicesAmt |
| Management And General | $231,456 | ManagementAndGeneralAmt |
| Fundraising | $159,347 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,000 | TotalAmt |
| Management And General | $30,000 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,830 | TotalAmt |
| Management And General | $91,830 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,578 | TotalAmt |
| Program Services | $65,578 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,312,659 | TotalAmt |
| Program Services | $3,241,489 | ProgramServicesAmt |
| Management And General | $889,337 | ManagementAndGeneralAmt |
| Fundraising | $181,833 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $559,636 | TotalAmt |
| Program Services | $341,512 | ProgramServicesAmt |
| Management And General | $24,977 | ManagementAndGeneralAmt |
| Fundraising | $193,147 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,014,572 | TotalAmt |
| Program Services | $534,077 | ProgramServicesAmt |
| Management And General | $294,119 | ManagementAndGeneralAmt |
| Fundraising | $186,376 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $657,370 | TotalAmt |
| Program Services | $337,828 | ProgramServicesAmt |
| Management And General | $268,649 | ManagementAndGeneralAmt |
| Fundraising | $50,893 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,215,365 | TotalAmt |
| Program Services | $3,100,277 | ProgramServicesAmt |
| Management And General | $78,366 | ManagementAndGeneralAmt |
| Fundraising | $36,722 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MISCELLANEOUS | $236,314 | $114,483 | $107,345 | $14,486 |
| RECRUITING AND TALENT | $173,679 | $83,731 | $89,948 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,748,913 | TotalAmt |
| Program Services | $34,479,159 | ProgramServicesAmt |
| Management And General | $5,861,487 | ManagementAndGeneralAmt |
| Fundraising | $3,408,267 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,338,856 | BOYAmt |
| EOY | $679,750 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,794,226 | BOYAmt |
| EOY | $77,017,456 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,569,548 | BOYAmt |
| EOY | $41,717,982 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $287,931 | BOYAmt |
| EOY | $300,745 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,075,544 | BOYAmt |
| EOY | $535,363 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,066,105 | BOYAmt |
| EOY | $120,251,296 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $550,324 | BOYAmt |
| EOY | $1,439,845 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,170,558 | BOYAmt |
| EOY | $591,718 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,720,882 | BOYAmt |
| EOY | $2,031,563 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,734,657 | BOYAmt |
| EOY | $26,285,333 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,610,566 | BOYAmt |
| EOY | $91,934,400 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,345,223 | BOYAmt |
| EOY | $118,219,733 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,066,105 | BOYAmt |
| EOY | $120,251,296 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$10,123,587 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$1,903 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,430,328 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $77,008,557 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,717,666 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $71,496,194 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $29,503,554 | CurrentTaxYearAmt |
| Total | $220,156,299 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,430,328 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $77,008,557 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,717,666 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $71,496,194 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $29,503,554 | CurrentTaxYearAmt |
| Total | $220,156,299 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $71,874,698 | SubstantialContributorsTotAmt |
| Public Support Total170 | $148,281,601 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $101,343 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,686 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $278,559 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,271,689 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,011,814 | CurrentTaxYearAmt |
| Total | $7,672,091 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $319 | CurrentTaxYearMinus4YearsAmt |
| Total | $319 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $227,828,709 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,427,618 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.65080 | PublicSupportCY170Pct |
| Public Support PY170 | 0.60630 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $2,459 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $63,119 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $65,578 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $43,683,335 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $43,748,913 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $45,313 | CurrentYearMinus3Amt |
| Current Year Minus2 | $47,659 | CurrentYearMinus2Amt |
| Current Year Minus1 | $40,348 | CurrentYearMinus1Amt |
| Current Year | $65,578 | CurrentYearAmt |
| Total | $198,898 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | $1,857 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,513 | CurrentYearMinus1Amt |
| Current Year | $2,459 | CurrentYearAmt |
| Total | $5,829 | TotalAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITIES | Desc |
| Amt | $591,718 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $591,718 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $37,202,046 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $3,578,623 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$1,903 | OtherRevenueAmt |
| Revenue Not Reported | $3,576,720 | RevenueNotReportedAmt |
| Revenue Subtotal | $33,625,326 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $33,625,326 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $47,327,536 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $3,578,623 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $3,578,623 | ExpensesNotReportedAmt |
| Expenses Subtotal | $43,748,913 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $43,748,913 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2024. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND VARIOUS STATE JURISDICTIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CANCELLED COMMITMENTS RECEIVABLE -399,459. PROVISION FOR UNCOLLECTIBLE COMMITMENTS 397,556. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (83 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| AMERICA ON TECH INC | |||||||||
| 25 BROADWAY 12TH FLOOR | NEW YORK | NY | 10004 | 465336001 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| AVANCE INC | |||||||||
| 824 BROADWAY ST | SAN ANTONIO | TX | 78215 | 741769114 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| BARR CENTER | |||||||||
| 5115 EXCELSIOR BLVD | ST LOUIS PARK | MN | 55416 | 825480444 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| BELOVED COMMUNITY CENTER OF GREENSBORO INC | |||||||||
| PO BOX 875 | GREENSBORO | NC | 27402 | 561877250 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| BOYS TO MEN TUCSON INC | |||||||||
| 325 WEST 2ND ST | TUSCON | AZ | 85705 | 800432852 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| BRAVEN INC | |||||||||
| 171 N ABERDEEN ST | CHICAGO | IL | 60607 | 464340594 | 501(C)3 | $1,666,668 | $0 | PROGRAM EXPANSION | |
| CARA CHICAGO | |||||||||
| 237 S DESPLAINES ST | CHICAGO | IL | 60661 | 364268095 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| CHAINLESS CHANGE INC | |||||||||
| 4300 N UNIVERSITY DR | SUNRISE | FL | 33351 | 833657191 | 501(C)3 | $5,625 | $0 | PROGRAM EXPANSION | |
| CITY BUREAU NFP | |||||||||
| 3619 S STATE ST STE 400 | CHICAGO | IL | 60609 | 811054499 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| CLOSEGAP | |||||||||
| 1370 N ST ANDREWS PL | LOS ANGELES | CA | 90028 | 822357532 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| CODEPATHORG | |||||||||
| 5214F DIAMOND HITS BLVD | SAN FRANCISCO | CA | 94131 | 815338932 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| COLLABORATIVE HEALING INITIATIVE WITHIN COMMUNITIES (CHIC INC) | |||||||||
| 10660 E COLFAX AVE | AURORA | CO | 80010 | 821803800 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| COMMUNITY PARTNERS | |||||||||
| 1000 NORTH ALAMEDA ST SUITE 240 | LOS ANGELES | CA | 90012 | 954302067 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| CUSTOM COLLABORATIVE INCORPORATED | |||||||||
| 102 BRADHURST AVE 908 | NEW YORK | NY | 10039 | 475036606 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| DAUGHTERS BEYOND INCARCERATION | |||||||||
| 2129 ORETHA CASTLE HALEY BLVD STE C | NEW ORLEANS | LA | 70113 | 830565514 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| DIGITAL PROMISE GLOBAL | |||||||||
| 1001 CONNECTICUT AVE NW SUITE 935 | WASHINGTON | DC | 20036 | 465460594 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| ENGLISH LEARNERS SUCCESS FORUM | |||||||||
| 2105 VISTA OESTE ST NW SUITE E-1618 | ALBUQUERQUE | NM | 87120 | 881543559 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| EQUITY AND TRANSFORMATION | |||||||||
| 10 W 35TH ST | CHICAGO | IL | 60616 | 834701430 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| ESQ APPRENTICE | |||||||||
| PO BOX 24152 | OAKLAND | CA | 94623 | 473060656 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| FIRSTREPAIR | |||||||||
| 1900 ASBURY AVE | EVANSTON | IL | 60201 | 863191322 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| FORMERLY INCARCERATED COLLEGE GRADUATES NETWORK | |||||||||
| 600 PARK OFFICES DR STE 300 | DURHAM | NC | 27709 | 832018348 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| FRACTURED ATLAS INC | |||||||||
| PO BOX 55 | HARTSDALE | NY | 10530 | 113451703 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| FREEDOM COMMUNITY CENTER | |||||||||
| 3450 OHIO AVENUE | SAINT LOUIS | MO | 63118 | 853332122 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| FUTURE CAUCUS | |||||||||
| 1701 RHODE ISLAND AVE NW | WASHINGTON | DC | 20036 | 472802851 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| GENERATION CITIZEN | |||||||||
| 110 WALL ST | NEW YORK | NY | 10005 | 272039522 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| GENERATION HOPE | |||||||||
| 1401 OKIE STREET NE STE 300 | WASHINGTON | DC | 20002 | 273554088 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| GENUNITY INC | |||||||||
| 36 S MUNROE TERRACE | BOSTON | MA | 02122 | 871485598 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| GEORGIA RESILIENCE AND OPPORTUNITY FUND | |||||||||
| 422 GLEN IRIS DRIVE | ATLANTA | GA | 30308 | 871811721 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| GIRL TREK INCORPORATED | |||||||||
| 1800 WYOMING AVE NW FLOOR 2 | WASHINGTON | DC | 20009 | 061811886 | 501(C)3 | $1,000,000 | $0 | PROGRAM EXPANSION | |
| GIRLS LEADERSHIP | |||||||||
| 1675 7TH ST | OAKLAND | CA | 94615 | 331207431 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| GOOD NATION FOUNDATION INC | |||||||||
| 100 CROSBY ST | NEW YORK | NY | 10012 | 814768448 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| GREATER DAYTON UNION COOPERATIVE INITIATIVE (CO-OP DAYTON) | |||||||||
| 840 GERMANTOWN ST | DAYTON | OH | 45402 | 813470466 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| HEALING TOGETHER | |||||||||
| 5111 TELEGRAPH AVE 310 | OAKLAND | CA | 94609 | 454315806 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| HEALTH IMPACT OHIO | |||||||||
| 1554 POLARIS PKWY SUITE 325 | COLUMBUS | OH | 43240 | 510426050 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| HOME IS HERE NOLA | |||||||||
| 1620 ORETHA CASTLE HALEY BLVD SUITE | NEW ORLEANS | LA | 70113 | 883206221 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | A |
| INCLUSIVE ACTION FOR THE CITY | |||||||||
| 2900 E CESAR E CHAVEZ AVE | LOS ANGELES | CA | 90033 | 270584116 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| INNER CITY COMPUTER STARS FOUNDATION | |||||||||
| 750 N ORLEANS | CHICAGO | IL | 60654 | 364253411 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| KENSINGTON CORRIDOR TRUST | |||||||||
| 3400 J ST | PHILADELPHIA | PA | 19134 | 842453611 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| L&J EMPOWERMENT | |||||||||
| 300 S SPRING STREET STE 1004 | LITTLE ROCK | AR | 72201 | 812177002 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| LATINO BUSINESS FOUNDATION SILICON VALLEY | |||||||||
| 1652 ALUM ROCK AVE | SAN JOSE | CA | 95116 | 843419477 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| LEGENDARY LEGACIES INC | |||||||||
| 40 SOUTHBRIDGE ST STE 200 | WORCESTER | MA | 01609 | 824456424 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| MARCY LAB INC | |||||||||
| 829 JEFFERSON AVE 1R | BROOKLYN | NY | 11221 | 833754699 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| MAYVENN INC | |||||||||
| 1900 POWELL ST 7TH FLOOR WEWORK | EMERYVILLE | CA | 94608 | 454811759 | C CORPORATION | $41,690 | $0 | PROGRAM EXPANSION | |
| MEMPHIS ARTISTS FOR CHANGE | |||||||||
| 1540 NETHERWOOD AVE | MEMPHIS | TN | 38106 | 814207475 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| MOORE IMPACT INC | |||||||||
| 2590 WELTON ST | DENVER | CO | 80205 | 844714243 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| NATION OUTSIDE | |||||||||
| 1420 WASHINGTON BLVD SUITE 301 | DETROIT | MI | 48226 | 923740015 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| NATIONAL BLACK JUSTICE COLLECTIVE INSTITUTE | |||||||||
| 99 BLAIR ALLEY SW W356 | WASHINGTON | DC | 20024 | 922051306 | 501(C)3 | $125,000 | $0 | PROGRAM EXPANSION | |
| NATIONAL LEGAL ADVOCACY NETWORK | |||||||||
| 1 N LASALLE ST | CHICAGO | IL | 60602 | 823524198 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| NEW BEGINNINGS REENTRY SERVICES INC | |||||||||
| 55 ROXBURY ST | ROXBURY | MA | 02119 | 811525549 | 501(C)3 | $5,625 | $0 | PROGRAM EXPANSION | |
| NEW LEADERS COUNCIL | |||||||||
| 1050 CONNECTICUT AVE NW | WASHINGTON | DC | 20035 | 562581640 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| NORTH AMERICAN STUDENTS OF COOPERATION | |||||||||
| PO BOX 166140 | CHICAGO | IL | 60616 | 382219436 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| OHIO ORGANIZING COLLABORATIVE | |||||||||
| 25 E BOARDMAN ST SUITE 428 | YOUNGSTOWN | OH | 44503 | 261601472 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| ONEGOAL | |||||||||
| 180 N WABASH AVE | CHICAGO | IL | 60601 | 562369898 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| OPEN SOURCE WELLNESS | |||||||||
| 6921 SNOWDON AVENUE | EL CERRITO | CA | 94530 | 813440555 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| POLICYLINK (DBA LIBERATION VENTURES) | |||||||||
| 1438 WEBSTER ST SUITE 303 | OAKLAND | CA | 946123228 | 943297479 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| POSSIBILITY LABS | |||||||||
| 1410 FRANKLIN ST | SAN FRANCISCO | CA | 91409 | 853989363 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| POTLIKKER CAPITAL | |||||||||
| PO BOX 778 | ITHACA | NY | 148510778 | 852051176 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| PROJECT BASTA | |||||||||
| 500 7TH AVE | NEW YORK | NY | 10018 | 815268868 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| PROPEL AMERICA | |||||||||
| 800 BOYLSTON ST PO BOX 990443 | BOSTON | MA | 02199 | 831867782 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| RHIZOME ACTION NETWORK INC | |||||||||
| 1403 NE 82ND ST | SEATTLE | WA | 98115 | 871985174 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| RREPS INC | |||||||||
| 3220 BURNTWOOD CIRCLE | RALEIGH | NC | 27610 | 833745461 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| SHARED AMERICA INC | |||||||||
| 1101 PENNSYLVANIA AVE NW SUITE 300 | WASHINGTON | DC | 20016 | 990791070 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| SOCIAL AND ENVIRONMENTAL ENTREPRENEURS | |||||||||
| 23564 CALABASAS RD SUITE 201 | CALABASAS | CA | 91302 | 954116679 | 501(C)3 | $5,625 | $0 | PROGRAM EXPANSION | |
| SURGE INSTITUTE | |||||||||
| 935 W CHESTNUT ST SUITE 515 | CHICAGO | IL | 60642 | 471995566 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| TALKINGPOINTS | |||||||||
| 2021 FILLMORE ST 2124 | SAN FRANCISCO | CA | 94115 | 474616102 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| TEACHING LAB | |||||||||
| PO BOX 825792 | PHILADELPHIA | PA | 191825792 | 813546317 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| THE BLACK TEACHER COLLABORATIVE | |||||||||
| 2170 BOULEVARD GRANADA SW | ATLANTA | GA | 30311 | 815155921 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| THE CENTER FOR BLACK EDUCATOR DEVELOPMENT | |||||||||
| 7901 HIDDEN LN | ELKINS PARK | PA | 19027 | 841814119 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| THE FIND DESIGN | |||||||||
| 2787 SMITH SPRINGS RD | NASHVILLE | TN | 37217 | 472471327 | 501(C)3 | $20,000 | $0 | PROGRAM EXPANSION | |
| THE HEALTH INITIATIVE | |||||||||
| 77A JUNCTION SQUARE DR | CONCORD | MA | 01742 | 831490111 | 501(C)3 | $1,000,000 | $0 | PROGRAM EXPANSION | |
| THE KNOWLEDGE HOUSE FELLOWSHIP INC | |||||||||
| 79 ALEXANDER AVE SUITE 51A | BRONX | NY | 10454 | 472747713 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| THE OAKLAND REACH | |||||||||
| 333 HEGENBERGER ROAD SUITE 425 | OAKLAND | CA | 94621 | 831289590 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| THE PIVOT FUND INC | |||||||||
| 504 FAIR STREET NW | ATLANTA | GA | 30313 | 871460953 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| THE SCHOLARSHIP ACADEMY INC | |||||||||
| 500 BISHOP ST NW BUILDING B-2 | ATLANTA | GA | 30318 | 203721836 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| THINK OF US | |||||||||
| 700 PENNSYLVANIA AVE SE | WASHINGTON | DC | 20003 | 821157215 | 501(C)3 | $250,000 | $0 | PROGRAM EXPANSION | |
| TIDES CENTER | |||||||||
| 1012 TORNEY AVENUE | SAN FRANCISCO | CA | 94129 | 943213100 | 501(C)3 | $220,000 | $0 | PROGRAM EXPANSION | |
| TIDES FOUNDATION | |||||||||
| PO BOX 889389 | LOS ANGELES | CA | 900889389 | 510198509 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| TRANSCEND INC | |||||||||
| 1836 WESTCHESTER AVE PMB 6205 | BRONX | NY | 10472 | 300878820 | 501(C)3 | $750,000 | $0 | PROGRAM EXPANSION | |
| TRUST NEIGHBORHOODS | |||||||||
| 1737 WALNUT ST SUITE C | KANSAS CITY | MO | 64108 | 852544201 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| TURNING TABLES | |||||||||
| 1810 HASTINGS PL 4 | NEW ORLEANS | LA | 70130 | 852142226 | 501(C)3 | $10,000 | $0 | PROGRAM EXPANSION | |
| WASHINGTON HOUSING CONSERVANCY INC | |||||||||
| 1310 L ST NW SUITE 325 | WASHINGTON | DC | 20005 | 831866109 | 501(C)3 | $375,000 | $0 | PROGRAM EXPANSION | |
| WE ARE BETTER TOGETHER WARREN DANIEL HAIRSTON PROJECT | |||||||||
| 91 THORNTON ST 1 REAR | ROXBURY | MA | 02119 | 823856484 | 501(C)3 | $110,000 | $0 | PROGRAM EXPANSION | |
| YOUTH PASSAGEWAYS | |||||||||
| 1714 FRANKLIN ST 100-337 | OAKLAND | CA | 94612 | 474750095 | 501(C)3 | $60,000 | $0 | PROGRAM EXPANSION | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 82 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | NEW PROFIT'S PORTFOLIO INVESTING MODEL PROVIDES FINANCIAL AND STRATEGIC RESOURCES TO RESULTS-DRIVEN ORGANIZATIONS. NEW PROFIT PROVIDES A PORTFOLIO MANAGER TO EACH ORGANIZATION OR COHORT OF ORGANIZATIONS WHO WORKS CLOSELY WITH THE ORGANIZATION'S LEADERSHIP TO PROVIDE SUPPORT IN A VARIETY OF AREAS, INCLUDING IMPACT INNOVATION, LEADERSHIP AND GOVERNANCE, ORGANIZATIONAL STRATEGY, PERFORMANCE MEASUREMENT, AND MANAGEMENT AS INDICATED IN PART III OF THE FORM 990. APORTFOLIO MANAGER ALSO HOLDS A SEAT ON THE ORGANIZATION'S BOARD OF DIRECTORS THROUGHOUT THE TERM OF NEW PROFIT'S BUILD INVESTMENT IN THE ORGANIZATION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TULAINE MONTGOMERY | ||||||||||||||
| CEO | $523,644 | $0 | $0 | $0 | $0 | $0 | $6,000 | $0 | $11,045 | $0 | $540,689 | $0 | $0 | $0 |
| VANESSA KIRSCH | ||||||||||||||
| FOUNDER IN RESIDENCE AND SENIOR PART | $361,450 | $0 | $0 | $0 | $0 | $0 | $6,000 | $0 | $28,721 | $0 | $396,171 | $0 | $0 | $0 |
| DEBORAH SMOLOVER | ||||||||||||||
| MANAGING PARTNER,ED OF AMERICA FORWA | $338,948 | $0 | $0 | $0 | $0 | $0 | $6,000 | $0 | $27,283 | $0 | $372,231 | $0 | $0 | $0 |
| ELIZA GREENBERG | ||||||||||||||
| PRESIDENT | $342,703 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27,282 | $0 | $369,985 | $0 | $0 | $0 |
| DAVID LEVY | ||||||||||||||
| SENIOR ADVISOR | $359,965 | $0 | $0 | $0 | $0 | $0 | $6,000 | $0 | $2,168 | $0 | $368,133 | $0 | $0 | $0 |
| DOUGLAS BORCHARD | ||||||||||||||
| MANAGING PARTNER, COO | $345,173 | $0 | $0 | $0 | $0 | $0 | $6,000 | $0 | $15,002 | $0 | $366,175 | $0 | $0 | $0 |
| IAN MAGEE | ||||||||||||||
| MANAGING PARTNER, CFO | $274,268 | $0 | $0 | $0 | $0 | $0 | $6,000 | $0 | $11,036 | $0 | $291,304 | $0 | $0 | $0 |
| GIA TRUONG | ||||||||||||||
| MANAGING PARTNER, EQUITY & PROXIMITY | $248,766 | $0 | $0 | $0 | $0 | $0 | $6,000 | $0 | $28,707 | $0 | $283,473 | $0 | $0 | $0 |
| SHAWN DOVE | ||||||||||||||
| MANAGING PARTNER,ECOSYSTEM BUILDING | $245,522 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $28,707 | $0 | $274,229 | $0 | $0 | $0 |
| DERREK SHULMAN | ||||||||||||||
| PARTNER, SENIOR PHILANTHROPIC ADVISO | $231,658 | $0 | $0 | $0 | $0 | $0 | $6,000 | $0 | $28,704 | $0 | $266,362 | $0 | $0 | $0 |
| SHRUTI SEHRA | ||||||||||||||
| MANAGING PARTNER,ECOSYSTEM BUILDING | $248,261 | $0 | $0 | $0 | $0 | $0 | $6,000 | $0 | $11,026 | $0 | $265,287 | $0 | $0 | $0 |
| MATRIKA BAILEY-TURNER | ||||||||||||||
| CHIEF OF STAFF | $169,016 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10,874 | $0 | $179,890 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1B | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS IN THE PROCESS OF CREATING AN EQUITABLE POLICY FOR THESE TYPES OF PURCHASES. THE PURCHASE WAS MADE TO ENHANCE CAPACITY FOR FUNDRAISING, DONOR CULTIVATION, AND EVENT HOSTING. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 320 | ContributionCnt |
| Noncash Contributions Rpt F990 | $124,949 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1, MISSION STATEMENT: | NEW PROFIT IS A VENTURE PHILANTHROPY ORGANIZATION THAT CATALYZES THE IMPACT OF SOCIAL ENTREPRENEURS WHO ARE EXPANDING ACCESS AND OPPORTUNITY IN AMERICA. WE PROVIDE CAPITAL, CAPACITY, AND COMMUNITY TO A PORTFOLIO OF ORGANIZATIONS TO INCREASE THEIR IMPACT, SCALE, AND SUSTAINABILITY. AND WE PARTNER WITH SOCIAL ENTREPRENEURS, PHILANTHROPISTS, AND CROSS-SECTOR LEADERS TO SHIFT HOW THE PHILANTHROPIC SECTOR PURSUES SOCIAL CHANGE AND ENSURES THAT EVERYONE IN AMERICA CAN THRIVE. SINCE 1998, NEW PROFIT HAS INVESTED OVER $350M IN 275+ HIGH-IMPACT ORGANIZATIONS SERVING MORE THAN 35 MILLION PEOPLE IN ALL 50 STATES. |
| FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: | PORTFOLIO - BUILD WE STAND SHOULDER-TO-SHOULDER WITH SOCIAL ENTREPRENEURS IN SUPPORT OF THEIR VISION, WITH A SPECIFIC FOCUS ON HELPING THEM BUILD THE CAPACITY OF THEIR ORGANIZATIONS, WHICH IS KEY TO STRENGTHENING THEIR LONG-TERM IMPACT AND SUSTAINABILITY. WE ARE COMMITTED TO BACKING SOCIAL ENTREPRENEURS WHO CENTER EQUITY IN THEIR WORK AND WHO ARE PROXIMATE TO THE COMMUNITIES WE COLLECTIVELY AIM TO SERVE. PROXIMATE LEADERS BRING SKILLS, INSIGHTS, RELATIONSHIPS, AND EXPERTISE THAT OUR SOCIETY NEEDS TO ADVANCE EQUITABLE WELLBEING. OUR BIGGEST SOCIETAL CHALLENGES ARE COMPLEX AND INTERCONNECTED, SO WE BELIEVE PROGRESS DEPENDS ON INVESTING IN A BROAD RANGE OF ISSUE AREAS. WE PROVIDE THREE LEVELS OF FUNDING AND STRATEGIC SUPPORT TO ORGANIZATIONS IN OUR PORTFOLIO: A NEW PILOT INVESTMENT VEHICLE CALLED "TRANSFORM INVESTMENTS, AND OUR ESTABLISHED PORTFOLIOS OF "BUILD INVESTMENTS, AND "CATALYZE INVESTMENTS." THROUGH OUR BUILD INVESTMENTS, WE PROVIDE GRANTEES A $1-1.5M MULTI-YEAR, UNRESTRICTED GRANT AND ADVISORY SUPPORT. A DEDICATED NEW PROFIT DEAL PARTNER SERVES AS A TRUSTED ADVISOR TO THE SOCIAL ENTREPRENEUR AND AS A MEMBER OF THE ORGANIZATION'S BOARD OF DIRECTORS. OUR SUPPORT IS GEARED TOWARDS BUILDING THE LEADERSHIP CAPACITY OF SOCIAL ENTREPRENEURS AND THEIR ABILITY TO MAKE STRATEGIC CHOICES AS THEY NAVIGATE CHANGE AND GROWTH. OUR BUILD GRANTEES ARE CREATING IMPACT IN EDUCATION, DEMOCRACY, AND ECONOMIC MOBILITY. |
| FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS: | ECOSYSTEM BUILDING AND POLICY OUR ECOSYSTEM BUILDING EFFORTS ENGAGE SOCIAL ENTREPRENEURS, POLICYMAKERS, PHILANTHROPISTS, AND OTHER NATIONAL AND LOCAL STAKEHOLDERS TO TRANSFORM HOW PHILANTHROPY THINKS ABOUT HOW TO COLLECTIVELY PURSUE IMPACT AND ALLOCATE RESOURCES. THROUGH THIS WORK, WE LEVERAGE DEEP INSIGHTS OF SOCIAL INNOVATORS IN OUR COMMUNITY TO INFLUENCE HOW RESOURCES FLOW IN THE SECTOR TO HELP REMOVE BARRIERS TO SUSTAINED PROGRESS. THE WELL - NEW PROFIT'S BI-ANNUAL COMMUNITY GATHERING OF SOCIAL ENTREPRENEURS, ECOSYSTEM BUILDERS, PHILANTHROPISTS, AND OTHER SOCIAL IMPACT LEADERS IS DESIGNED TO CREATE AND NOURISH AN UNPRECEDENTED MULTIRACIAL, INTERGENERATIONAL, CROSS-SECTOR COALITION FOR CHANGE THE M.I.C.. LAUNCHED IN 2022, THE EVENT, WHICH BRINGS TOGETHER OVER 450 MEMBERS OF NEW PROFIT'S COMMUNITY, FACILITATES COLLABORATIVE LEARNING IN SERVICE OF DRIVING GREATER IMPACT AS INDIVIDUALS AND AS A COMMUNITY. THE WELL CREATES INTENTIONAL AND ORGANIC OPPORTUNITIES TO CONNECT ACROSS IDENTITY MARKERS IN MEANINGFUL, ACTION-ORIENTED WAYS THROUGH SPACES AND ACTIVITIES FOCUSED ON WELLBEING, HEALING, AND COALITION-BUILDING. POSTSECONDARY INNOVATIONS FOR EQUITY (2020-2025) LAUNCHED IN 2020 TO SUPPORT INNOVATORS THAT ARE BUILDING EVIDENCE BEHIND NEW APPROACHES TO CONNECTING YOUNG ADULTS WITH THE POSTSECONDARY CREDENTIALS AND WORK EXPERIENCE NEEDED TO ACCESS UPWARDLY MOBILE CAREERS. AN INITIATIVE OF LEARN TO EARN, NEW PROFIT'S POSTSECONDARY AND CAREER STRATEGY, PIE IS A TWO-PHASE EFFORT. THE FIRST 20 GRANTEE-PARTNERS WERE ELIGIBLE FOR THE SECOND PHASE OF THE PIE INITIATIVE, IN WHICH SELECTED ORGANIZATIONS EACH RECEIVED $1M+ BUILD INVESTMENTS FROM NEW PROFIT OVER FOUR YEARS TO FURTHER ADVANCE AND SCALE THEIR IMPACT. THROUGH THE EARLY CHILDHOOD SUPPORT ORGANIZATION (ECSO) INITIATIVE, WE ARE WORKING TO PROVIDE RESOURCES AND ALIGN FINANCIAL INCENTIVES TO SUPPORT BETTER EARLY EDUCATION OUTCOMES FOR CHILDREN FROM LOW-INCOME COMMUNITIES. ECSO IS A $20M PUBLIC-PRIVATE PARTNERSHIP BETWEEN NEW PROFIT AND THE COMMONWEALTH OF MASSACHUSETTS DEPARTMENT OF EARLY EDUCATION AND CARE (EEC). THE INITIATIVE BACKS ECSOS, WHICH WILL SERVE AS INTERMEDIARY ORGANIZATIONS THAT PARTNER WITH LOCAL CENTER AND FAMILY-BASED EARLY CHILDHOOD PROVIDERS TO HELP THEM IMPLEMENT EVIDENCE-BASED STRATEGIES TO ACHIEVE HIGHER-QUALITY PROGRAM DELIVERY AND LONG-TERM IMPACT. AMERICA FORWARD IS NEW PROFIT'S NONPARTISAN POLICY INITIATIVE THAT UNITES SOCIAL ENTREPRENEURS WITH POLICY MAKERS TO TRANSFORM LOCAL IMPACT INTO NATIONAL CHANGE. AMERICA FORWARD ENGAGES A COALITION OF OVER 100 SOCIAL INNOVATION ORGANIZATIONS THAT ARE ACHIEVING MEASURABLE OUTCOMES IN MORE THAN 15,000 COMMUNITIES NATIONWIDE. TOGETHER, THEY CHAMPION PUBLIC POLICIES THAT FOSTER INNOVATION, REWARD RESULTS, AND CATALYZE CROSS-SECTOR PARTNERSHIPS IN EDUCATION, EARLY CHILDHOOD, WORKFORCE DEVELOPMENT, YOUTH DEVELOPMENT, AND POVERTY ALLEVIATION. COALITION ORGANIZATIONS HAVE LEVERAGED $1.9 BILLION FOR PROGRAMS THAT ARE ACHIEVING MEASURABLE RESULTS FOR THOSE WHO NEED THEM MOST. |
| FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS: | PORTFOLIO - TRANSFORM THROUGH OUR TRANSFORM INVESTMENTS, WE PROVIDE GRANTEES A $3M+ MULTI-YEAR, UNRESTRICTED GRANT AND ADVISORY SUPPORT. A DEDICATED NEW PROFIT DEAL PARTNER SERVES AS A TRUSTED ADVISOR TO THE SOCIAL ENTREPRENEUR AND AS A MEMBER OF THE ORGANIZATION'S BOARD OF DIRECTORS. OUR SUPPORT IS GEARED TOWARD SUPPORTING LEADERSHIP TEAMS AND BOARDS AS THEY NAVIGATE SIGNIFICANT INFLECTION POINTS IN THEIR GROWTH, DRIVING LARGE-SCALE IMPACT IN OUR GRANTEES' FIELDS, INCLUDING EDUCATION, DEMOCRACY, ECONOMIC MOBILITY AND HEALTH. |
| FORM 990, PART VI, SECTION B, LINE 11B | CERTAIN EMPLOYEES OF THE ORGANIZATION REVIEW THE FORM 990 PRIOR TO THE FILING. IN ADDITION, THE FULL FORM 990 WAS REVIEWED BY NEW PROFIT'S FINANCE COMMITTEE BEFORE BEING FILED WITH THE IRS. A FULL COPY OF THE 990 WAS EMAILED TO THE ENTIRE BOARD PRIOR TO ITS FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE NEW PROFIT BOARD OF DIRECTORS ADOPTED A CONFLICT OF INTEREST POLICY IN 2005 AND REVISED THE DOCUMENT DURING 2009 AND 2011. ALL NEW DIRECTORS ARE GIVEN A COPY OF THE POLICY WHEN THEY ARE VOTED ONTO THE BOARD. ALL BOARD MEMBERS ARE ALSO REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS AND PROVIDE ANNUAL CONFLICT OF INTEREST SIGNOFFS IN THE FOURTH QUARTER OF THE YEAR. ADDITIONALLY, WHEN DIRECTORS HAVE DIRECT RELATIONSHIPS WITH CURRENT PORTFOLIO ORGANIZATIONS OR PIPELINE ORGANIZATIONS (E.G. THEY SERVE ON THE BOARD OF AN ORGANIZATION), DIRECTORS ARE ASKED TO RECUSE THEMSELVES FROM VOTING WHEN DECISIONS REGARDING THESE ORGANIZATIONS ARE MADE BY THE BOARD OF DIRECTORS. WHEN COMPENSATION OF MANAGEMENT IS DISCUSSED AND DECIDED BY THE BOARD, DIRECTORS WITH DIRECT RELATIONSHIPS WITH INDIVIDUALS ON THE MANAGEMENT TEAM ARE ASKED TO RECUSE THEMSELVES. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION FOR NEW PROFIT'S CEO (TULAINE MONTGOMERY) IS SET BY THE EXECUTIVE COMMITTEE OF THE NEW PROFIT BOARD OF DIRECTORS. AS INPUT TO THIS DECISION-MAKING PROCESS, MANAGEMENT PROVIDES THE BOARD'S COMPENSATION COMMITTEE WITH SALARY DATA FOR COMPARABLE POSITIONS WITH COMPARABLE ORGANIZATIONS, AN ASSESSMENT OF NEW PROFIT'S PERFORMANCE AGAINST GOALS FOR THE PREVIOUS FISCAL YEAR, AND A SELF-ASSESSMENT. MANAGEMENT MEETS WITH THE EXECUTIVE COMMITTEE TO DISCUSS THE MATERIAL PROVIDED. THE EXECUTIVE COMMITTEE THEN MEETS INDEPENDENTLY TO DETERMINE COMPENSATION. FOR 2024, THE BOARD ALSO DETERMINED THE SALARY FOR VANESSA KIRSCH, FOUNDER-IN-RESIDENCE AND SENIOR PARTNER. COMPENSATION FOR THE COO, DOUG BORCHARD, CFO, IAN MAGEE, AND PRESIDENT, ELIZA GREENBERG IS DETERMINED BY MANAGEMENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE DOCUMENTS ARE PROVIDED UPON REQUEST AND IN ACCORDANCE WITH APPLICABLE STATES AND FEDERAL LAWS. |
| FORM 990, PART XI, LINE 9: | CANCELLED COMMITMENTS RECEIVABLE -399,459. PROVISION FOR UNCOLLECTIBLE COMMITMENTS 397,556. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |