NEW PROFIT INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- NEW PROFIT INC (EIN 04-3396766)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-07-12
- IRS object ID
- 201741939349300044
- Schema version
- 2016v3.0
- 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 L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-07-12T14:25:13-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | 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 | ALEXANDER ARONSON FINNING & CO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 EAST MAIN 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 | 2016-01-01 | 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 | 200 CLARENDON STREET 44TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUG BORCHARD | PersonNm |
| Person Title | MANAGING DIRECTOR AND COO | PersonTitleTxt |
| Phone | 6179128800 | PhoneNum |
| Signature | 2017-06-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MATTHEW HUTT CPA | PreparerPersonNm |
| PTIN | P01070603 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2017-06-29 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.197.103.66 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-06-29 | IPDt |
| IP Tm | 16:11:41 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | C3B1CA5E9EDD1B55B0F6E2DA0EC022650C85F82C | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | E389E89C54D8B2D0E67DFD5473BAB8CDEAF766EE | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | 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 | 200 CLARENDON STREET 44TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $39,267,428 | 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 | PLEASE REFER TO OUR WEBSITE (WWW.NEWPROFIT.ORG) FOR DESCRIPTIONS OF OUR MISSION, PROGRAMS AND SUPPLEMENTAL 990 INFORMATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 86 | TotalEmployeeCnt |
| Total Volunteers | 16 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $37,221,348 | PYContributionsGrantsAmt |
| CY Contributions Grants | $38,960,652 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,379 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,653 | PYInvestmentIncomeAmt |
| CY Investment Income | $14,667 | CYInvestmentIncomeAmt |
| PY Other Revenue | $74,488 | PYOtherRevenueAmt |
| CY Other Revenue | $282,730 | CYOtherRevenueAmt |
| PY Total Revenue | $37,297,489 | PYTotalRevenueAmt |
| CY Total Revenue | $39,267,428 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $16,615,286 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $12,308,719 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,450,298 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,812,165 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $726,592 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,413,060 | PYOtherExpensesAmt |
| CY Other Expenses | $5,260,591 | CYOtherExpensesAmt |
| PY Total Expenses | $30,478,644 | PYTotalExpensesAmt |
| CY Total Expenses | $26,381,475 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,818,845 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,885,953 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $45,206,507 | TotalAssetsBOYAmt |
| Total Assets EOY | $56,303,188 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,128,377 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,496,181 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $42,078,130 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $54,807,007 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | NEW PROFIT INC. IS A NONPROFIT SOCIAL INNOVATION ORGANIZATION AND VENTURE PHILANTHROPY FUND SEEKING TO INCREASE SOCIAL MOBILITY FOR FAMILIES AND COMMUNITIES BY ACCELERATING THE BEST IDEAS ACROSS THE NATION. THE ORGANIZATION COLLABORATES WITH A DIVERSE GROUP OF INVESTORS AND PARTNERS FROM ACROSS SECTORS TO ADVANCE SOCIAL INNOVATIONS AND DRIVE SYSTEMIC CHANGE, ULTIMATELY TRANSFORMING THE LIVES OF CHILDREN, FAMILIES, AND COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $5,596,499 | ExpenseAmt |
| Grant | $3,640,000 | GrantAmt |
| Desc | THROUGH ITS PORTFOLIO INVESTMENT PROGRAM, NEW PROFIT INVESTS FINANCIAL AND INTELLECTUAL CAPITAL IN A PORTFOLIO OF SOCIAL ENTREPRENEUR-LED ORGANIZATIONS (DESCRIBED AS PORTFOLIO ORGANIZATIONS) AND HELPS THEM TO GROW THEIR ORGANIZATIONS, INCREASE THE SCALE AND QUALITY OF THEIR IMPACT, EXPAND THEIR NETWORKS, AND TRANSFORM THEIR FIELDS. THE PORTFOLIO INVESTMENT TEAM SUPPORTS THESE ORGANIZATIONS IN NAVIGATING CHALLENGES AND TRACKING THEIR PROGRESS IN FIVE MAJOR AREAS-IMPACT AND INNOVATION, GROWTH, LEADERSHIP AND GOVERNANCE, ORGANIZATIONAL STRATEGY, AND METRICS. A STRATEGIC PARTNERSHIP WITH DELOITTE ENABLES NEW PROFIT TO PROVIDE ADDITIONAL SUPPORT TO SOCIAL ENTREPRENEURS AND THEIR ORGANIZATIONS, INCLUDING STRATEGIC GROWTH PLANNING AND EXECUTIVE COACHING. ORGANIZATIONS FUNDED THROUGH THE INNOVATION FUND HAVE RECEIVED $1,119,560 OF DONATED CONSULTING SERVICES THROUGH A PRO-BONO AGREEMENT WITH DELOITTE. CERTAIN COMPONENTS OF NEW PROFIT'S PORTFOLIO INVESTMENT PROGRAM, EXPANDING BEYOND THE PORTFOLIO SUPPORT DESCRIBED ABOVE, ARE EXECUTED THROUGH NEW PROFIT'S ISSUE BASED FOCUS FUNDS, WHICH BRING LIKE-MINDED SOCIAL ENTREPRENEURS, PHILANTHROPISTS AND INSTITUTIONAL DONORS, RESEARCHERS, POLICY EXPERTS, AND OTHER CROSS - SECTOR PARTNERS TOGETHER FOR INTENSIVE COLLABORATION AIMED AT CATALYZING NEW APPROACHES AND BREAKING THROUGH ON INTRACTABLE CHALLENGES. AS OF DECEMBER 31, 2016, NEW PROFIT HAD FIVE FOCUS FUNDS AND ARE DESCRIBED AS SEPARATE PROGRAMS IN PART III. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,446,207 | ExpenseAmt |
| Grant | $3,609,000 | GrantAmt |
| Desc | THE REIMAGINE LEARNING FUND IS A COLLABORATIVE EFFORT ESTABLISHED TO CREATE A COMMUNITY OF LEARNING AND ACTION IN ORDER TO ELIMINATE SILOS BETWEEN AREAS ON THE OUTSKIRTS OF EDUCATION REFORM AND TO NURTURE A COMPREHENSIVE MOVEMENT THAT ADDRESSES THE HOLISTIC NEEDS OF EVERY CHILD, PARTICULARLY THOSE WITH LEARNING DIFFERENCES OR SOCIAL EMOTIONAL OR MENTAL HEALTH ISSUES. THE VISION FOR THE FUND IS THAT EVERY CHILD IS EQUIPPED WITH THE SKILLS TO MASTER LEARNING AND REALIZE HIS OR HER POTENTIAL. THE SERVICES PROVIDED TO THE PORTFOLIO ORGANIZATIONS ALSO INCLUDE THOSE PROVIDED WITHIN THE INNOVATION FUND. ORGANIZATIONS FUNDED THROUGH THE REIMAGINE LEARNING FUND HAVE RECEIVED $322,200 OF DONATED CONSULTING SERVICES THROUGH A PRO-BONO AGREEMENT WITH DELOITTE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,512,382 | ExpenseAmt |
| Grant | $2,984,119 | GrantAmt |
| Desc | THE PATHWAYS FUND IS A PUBLIC/PRIVATE FUNDING PARTNERSHIP AMONGST THE ORGANIZATION, THE CORPORATION FOR NATIONAL AND COMMUNITY SERVICE'S (CNCS) SOCIAL INNOVATION FUND AND SEVERAL CORPORATE FOUNDATIONS. THE MISSION OF THE PATHWAYS FUND IS TO STRENGTHEN THE BRIDGE BETWEEN EDUCATION AND WORKFORCE DEVELOPMENT, SO THAT MORE LOW-INCOME YOUTH HAVE OPPORTUNITIES TO BUILD SUSTAINABLE LIVELIHOODS. THE PATHWAYS FUND REPRESENTS AN UNPRECEDENTED COLLECTIVE EFFORT BY A CROSS-SECTOR NETWORK OF INVESTORS AND HIGH PERFORMING NONPROFIT ORGANIZATIONS TO DELIVER MEASURABLE, SUSTAINABLE IMPACT FOR INDIVIDUALS, COMMUNITIES, AND EDUCATION TO EMPLOYMENT PIPELINES. EACH OF THE SIX PATHWAYS FUND SUB-GRANTEE ORGANIZATIONS PROVIDES A SET OF COMPREHENSIVE, TARGETED SUPPORTS FOR VULNERABLE, HIGH-RISK YOUTH GETTING THEM TO AND THROUGH COLLEGE AND INTO THE ECONOMIC MAINSTREAM. NEW PROFIT PARTNERS CLOSELY WITH EACH ORGANIZATION TO STRENGTHEN ITS OPERATIONS, IMPROVE ITS PROGRAMMATIC IMPACT, AND SCALE ITS INTERVENTIONS NATIONALLY. THE SERVICES PROVIDED TO THE PORTFOLIO ORGANIZATIONS ALSO INCLUDE THOSE PROVIDED WITHIN THE INNOVATION FUND. THIS PROGRAM ENDED IN 2016. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (5 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $1,314,441 | $604,800 | $292,109 | THE EARLY LEARNING FUND (LAUNCHED IN 2014) SEEKS A WORLD WHERE ALL CHILDREN HAVE A START IN THEIR EARLIEST YEARS OF LIFE THAT SETS THEM ON A COURSE TO FULFILL THEIR POTENTIAL. EXTRAORDINARY ADVANCES IN NEUROBIOLOGY AND BEHAVIORAL SCIENCE, TOGETHER WITH INCREASING PUBLIC RECOGNITION OF THE IMPORTANCE OF A STRONG START, HAVE CREATED A DYNAMIC OPPORTUNITY FOR TRANSFORMATIVE CHANGE IN THE EARLY LEARNING FIELD. THE FUND IS WORKING TO CONNECT AND ALIGN RESEARCHERS, PRACTITIONERS, FUNDERS, AND POLICYMAKERS TO PURSUE A SHARED ACTION AGENDA AND INVESTING IN ORGANIZATIONS, PILOTS AND PARTNERSHIPS THAT HAVE THE POTENTIAL TO LIFT UP NEW APPROACHES TO WHOLE-CHILD DEVELOPMENT AND ENABLE EFFECTIVE EARLY LEARNING FOR ALL CHILDREN AT SCALE. THE SERVICES PROVIDED TO THE PORTFOLIO ORGANIZATIONS ALSO INCLUDE THOSE PROVIDED WITHIN THE INNOVATION FUND. . |
| $1,681,330 | $1,020,800 | THE REIMAGINE SCHOOL SYSTEMS FUND (LAUNCHED IN 2014) SEEKS TO RAPIDLY INCREASE THE NUMBER OF HIGH PERFORMING SCHOOLS SERVING LOW INCOME STUDENTS BY CHANGING THE WAY SCHOOL SYSTEMS WORK AND LIFTING UP NEW REFORM MODELS THAT CAN BE USED AT SCALE ACROSS THE COUNTRY. THIS FUND SEEKS TO CHANGE THIS SITUATION AND CREATE NEW OPPORTUNITY IN LOW-INCOME COMMUNITIES BY INVESTING IN STRATEGIES TO: (1) INFLUENCE SCHOOL DISTRICTS TO CREATE CONDITIONS AND DEMAND FOR PARTNERSHIPS BETWEEN DISTRICTS AND NON-PROFIT CHARTER SCHOOL OPERATORS, AND (2) INCREASE THE SUPPLY OF GREAT NON-PROFIT CHARTER SCHOOL OPERATORS TO MEET THAT DEMAND. THE SERVICES PROVIDED TO THE PORTFOLIO ORGANIZATIONS ALSO INCLUDE THOSE PROVIDED WITHIN THE INNOVATION FUND. ORGANIZATIONS FUNDED THROUGH THE REIMAGINE LEARNING FUND HAVE RECEIVED $705,000 OF DONATED CONSULTING SERVICES THROUGH A PRO-BONO AGREEMENT WITH DELOITTE. | |
| $1,198,768 | $450,000 | THE LEARN TO EARN FUND (LAUNCHED IN 2014) IS FOCUSED ON ACCELERATING PROGRESS IN EFFORTS TO DEVELOP 10 MILLION MORE CAREER-READY AMERICANS BY 2025. THE CORE OF THIS EFFORT IS REACHING MORE LOW-INCOME STUDENTS BY BUILDING AND SCALING COLLABORATION BETWEEN LARGE EMPLOYERS WHO NEED QUALIFIED EMPLOYEES AND NONPROFIT ORGANIZATIONS WORKING IN K-12 AND POST-SECONDARY EDUCATION. THE FUND SEEKS TO CATALYZE DISRUPTIVE INNOVATION IN THE SPACE, ENGAGE IN POLICY ADVOCACY TO HELP CREATE CONDITIONS FOR THOSE INNOVATIONS TO SCALE AND COLLABORATE DIRECTLY WITH LARGE EMPLOYERS WHO CAN CREATE POWERFUL JOB PIPELINES. | |
| $308,951 | PORTFOLIO SUPPORT SERVICES INCLUDE COSTS RELATING TO DEVELOPING AND MAINTAINING CONSISTENT PORTFOLIO ORGANIZATION MANAGEMENT, INVESTMENT SELECTION AND PROGRAM EVALUATION PRACTICES THROUGHOUT THE ORGANIZATION'S PORTFOLIO. CERTAIN COMPONENTS ARE ALLOCATED TO EACH OF THE ORGANIZATION'S PORTFOLIO INVESTMENT PROGRAMS. | ||
| $3,035,141 | NEW PROFIT ALSO CONDUCTS A VARIETY OF FIELD LEADERSHIP ACTIVITIES THAT CONSTANTLY PUSH THE SOCIAL SECTOR TO EMBRACE INNOVATION AND GENERATE NEW SOLUTIONS. THE ORGANIZATION HAS CREATED COMMUNITIES OF LEARNING FOR SOCIAL ENTREPRENEURS TO COLLABORATE, SHARE, AND NETWORK FOR MAXIMUM IMPACT. THIS ECOSYSTEM APPROACH PROVIDES THE OPPORTUNITY FOR SOCIAL ENTREPRENEURS TO LEARN FROM EACH OTHER AND COLLABORATE WITH PHILANTHROPISTS, RESEARCHERS, POLICYMAKERS, AND OTHER ESSENTIAL CONTRIBUTORS WHO ARE ALIGNED IN PURSUING SYSTEMIC CHANGE IN EDUCATION, JOBS, COMMUNITY HEALTH, POVERTY ALLEVIATION AND OTHER AREAS CRITICAL TO SOCIAL MOBILITY. THE GATHERING OF LEADERS, THE ORGANIZATION'S ANNUAL CONVENING, IS THE SIGNATURE PLATFORM FOR THIS WORK. IN ADDITION, AMERICA FORWARD IS THE ORGANIZATION'S NONPARTISAN POLICY ARM THAT UNITES POLICYMAKERS WITH SOCIAL ENTREPRENEURS TO ADVANCE A PUBLIC POLICY AGENDA THAT CHAMPIONS INNOVATIVE AND EFFECTIVE SOLUTIONS TO OUR COUNTRY'S MOST PRESSING SOCIAL PROBLEMS. AMERICA FORWARD WORKS WITH POLICYMAKERS TO FOSTER SOCIAL ENTREPRENEURSHIP, SPUR INNOVATION, IDENTIFY MORE EFFECTIVE AND EFFICIENT SOLUTIONS, REWARD RESULTS, AND CATALYZE PARTNERSHIPS ACROSS SECTORS. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $7,538,631 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $2,075,600 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $292,109 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $23,093,719 | 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 |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | 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 With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | 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 | 42 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 86 | 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | IAN MAGEE CFO | PersonNm |
| Phone | 6179128808 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 CLARENDON STREET 44TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 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 |
|---|---|---|---|---|---|---|---|---|
| BILL MCCLEMENTS | ||||||||
| CLERK | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JEFF WALKER | ||||||||
| CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| STEVE BARNES | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSH BEKENSTEIN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL GROGAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID HARRIS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE JENNINGS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WENDY KOPP | ||||||||
| 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 | |||
| VALERIE MOSLEY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KRISTIN MUGFROD | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK NUNNELLY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM PALLOTTA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN RICE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL CANNING | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| VANESSA KIRSCH | ||||||||
| FOUNDER AND CEO | 45.00 | Yes (X) | $379,795 | $0 | $21,641 | |||
| DOUG BORCHARD | ||||||||
| TREASURER, MANAGING PARTNER AND COO | 45.00 | Yes (X) | $279,694 | $0 | $7,090 | |||
| DEBORAH SMOLOVER | ||||||||
| EXECUTIVE DIRECTOR OF AMERICA FORWARD | 45.00 | $314,061 | $0 | $21,242 | Yes (X) | |||
| JACOB SCHRAMM | ||||||||
| MANAGING PARTNER, LEARN TO EARN FUND | 45.00 | $245,898 | $0 | $18,798 | Yes (X) | |||
| DERREK SHULMAN | ||||||||
| PARTNER, SENIOR PHILANTHROPIC ADVISOR | 45.00 | $225,615 | $0 | $16,476 | Yes (X) | |||
| ELIZA GREENBERG | ||||||||
| MANAGING PARTNER, INNOVATION FUND | 45.00 | $223,337 | $0 | $11,066 | Yes (X) | |||
| SHRUTI SEHRA | ||||||||
| MANAGING PARTNER, REIMAGINE LEARNING AND EARLY LEA | 45.00 | $220,977 | $0 | $11,849 | Yes (X) | |||
| KIMBERLY SYMAN | ||||||||
| MANAGING PARTNER, FIELD LEADERSHIP | 45.00 | $215,332 | $0 | $21,339 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,104,709 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $129,501 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 31 | 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 |
|---|---|---|---|---|---|
| DELOITTE CONSULTING LLP | |||||
| 200 BERKELEY ST SUITE 400 | BOSTON | MA | 02116 | PORTFOLIO CONSULTING | $345,000 |
| VOLITION LLC | |||||
| 3 SOUTH BROOK ROAD | LINCOLN | MA | 01771 | PORTFOLIO AND STRATEGY CONSULTING | $297,750 |
| LOCUST STREET GROUP | |||||
| 100 M STREET SE SUITE 600 | WASHINGTON | DC | 20003 | STRATEGY, GRASSROOTS SUPPORT, AND REPRES | $278,750 |
| HIKER | |||||
| 231 WEST 29TH ST SUITE 801 | NEW YORK | NY | 10001 | COMMUNICATIONS AND DESIGN | $235,042 |
| EVALUATION STRATEGIES LLC | |||||
| 101 CONSTITUTION AVE NW SUITE 900 | WASHINGTON | DC | 20001 | EVALUATION CONSULTING | $220,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,697,913 | GovernmentGrantsAmt |
| All Other Contributions | $37,262,739 | AllOtherContributionsAmt |
| Total Contributions | $38,960,652 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RENTAL INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $9,379 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,379 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,379 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,667 | TotalRevenueColumnAmt |
| Exclusion | $14,667 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $282,730 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $282,730 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $282,730 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,267,428 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $292,109 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $14,667 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,308,719 | TotalAmt |
| Program Services | $12,308,719 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,204,599 | TotalAmt |
| Program Services | $617,083 | ProgramServicesAmt |
| Management And General | $511,802 | ManagementAndGeneralAmt |
| Fundraising | $75,714 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,480,090 | TotalAmt |
| Program Services | $4,933,852 | ProgramServicesAmt |
| Management And General | $1,159,396 | ManagementAndGeneralAmt |
| Fundraising | $386,842 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,266 | TotalAmt |
| Program Services | $94,400 | ProgramServicesAmt |
| Management And General | $20,239 | ManagementAndGeneralAmt |
| Fundraising | $7,627 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $507,725 | TotalAmt |
| Program Services | $369,647 | ProgramServicesAmt |
| Management And General | $108,282 | ManagementAndGeneralAmt |
| Fundraising | $29,796 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $497,485 | TotalAmt |
| Program Services | $358,189 | ProgramServicesAmt |
| Management And General | $109,447 | ManagementAndGeneralAmt |
| Fundraising | $29,849 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,601 | TotalAmt |
| Management And General | $145,601 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,164 | TotalAmt |
| Program Services | $59,164 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,637,906 | TotalAmt |
| Program Services | $2,498,747 | ProgramServicesAmt |
| Management And General | $43,931 | ManagementAndGeneralAmt |
| Fundraising | $95,228 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,532 | TotalAmt |
| Program Services | $58,295 | ProgramServicesAmt |
| Management And General | $13,409 | ManagementAndGeneralAmt |
| Fundraising | $15,828 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $622,436 | TotalAmt |
| Program Services | $355,899 | ProgramServicesAmt |
| Management And General | $209,159 | ManagementAndGeneralAmt |
| Fundraising | $57,378 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $363,250 | TotalAmt |
| Program Services | $317,442 | ProgramServicesAmt |
| Management And General | $28,783 | ManagementAndGeneralAmt |
| Fundraising | $17,025 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,051,251 | TotalAmt |
| Program Services | $999,667 | ProgramServicesAmt |
| Management And General | $46,843 | ManagementAndGeneralAmt |
| Fundraising | $4,741 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| RECRUITING AND TALENT | $224,596 | $96,318 | $122,354 | $5,924 |
| MISCELLANEOUS | $68,855 | $26,297 | $41,918 | $640 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,381,475 | TotalAmt |
| Program Services | $23,093,719 | ProgramServicesAmt |
| Management And General | $2,561,164 | ManagementAndGeneralAmt |
| Fundraising | $726,592 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $447,433 | BOYAmt |
| EOY | $673,036 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,955,300 | BOYAmt |
| EOY | $15,814,789 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,152,877 | BOYAmt |
| EOY | $39,656,420 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $650,897 | BOYAmt |
| EOY | $158,943 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $105,039 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $105,039 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,206,507 | BOYAmt |
| EOY | $56,303,188 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,420,060 | BOYAmt |
| EOY | $993,009 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,708,317 | BOYAmt |
| EOY | $503,172 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,128,377 | BOYAmt |
| EOY | $1,496,181 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $600,824 | BOYAmt |
| EOY | $1,460,711 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,477,306 | BOYAmt |
| EOY | $53,346,296 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,078,130 | BOYAmt |
| EOY | $54,807,007 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,206,507 | BOYAmt |
| EOY | $56,303,188 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,885,953 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$157,076 | 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 | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
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 | $16,795,036 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42,164,797 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $24,357,429 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,221,348 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $38,960,652 | CurrentTaxYearAmt |
| Total | $159,499,262 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,795,036 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42,164,797 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $24,357,429 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,221,348 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $38,960,652 | CurrentTaxYearAmt |
| Total | $159,499,262 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $44,141,995 | SubstantialContributorsTotAmt |
| Public Support Total170 | $115,357,267 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,320 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $691 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,990 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,653 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,046 | CurrentTaxYearAmt |
| Total | $34,700 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,950 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,657 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $53,880 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $74,488 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $282,730 | CurrentTaxYearAmt |
| Total | $449,705 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $159,983,667 | TotalSupportAmt |
| Public Support CY170 | 0.72110 | PublicSupportCY170Pct |
| Public Support PY170 | 0.74790 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME - 2012 AMOUNT: $ 20,950. 2013 AMOUNT: $ 17,657. 2014 AMOUNT: $ 53,880. 2015 AMOUNT: $ 74,488. 2016 AMOUNT: $ 282,730. | ExplanationTxt |
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 Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $59,164 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $59,164 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $26,322,311 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $26,381,475 | 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 | $52,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $40,600 | CurrentYearMinus2Amt |
| Current Year Minus1 | $40,600 | CurrentYearMinus1Amt |
| Current Year | $59,164 | CurrentYearAmt |
| Total | $192,364 | 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 |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $105,039 | OtherCostOrOtherBasisAmt |
| Depreciation | $105,039 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $41,829,963 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $2,778,257 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$157,076 | OtherRevenueAmt |
| Revenue Not Reported | $2,621,181 | RevenueNotReportedAmt |
| Revenue Subtotal | $39,208,782 | RevenueSubtotalAmt |
| Other Revenues Not Included | $58,646 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $58,646 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $39,267,428 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $29,101,086 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $2,778,257 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $2,778,257 | ExpensesNotReportedAmt |
| Expenses Subtotal | $26,322,829 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $58,646 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $58,646 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $26,381,475 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 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, 2016. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CANCELLED COMMITMENTS RECEIVABLE -157,076. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RETURNED GRANT PROCEEDS NETTED WITH EXPENSES IN THE FINANCIAL STATEMENTS 58,646. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | RETURNED GRANT PROCEEDS NETTED WITH EXPENSES IN THE FINANCIAL STATEMENTS 58,646. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (44 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ACELERO LEARNING | ||||||||
| 63 WEST 125TH STREET 6TH FLOOR | HARLEM | NY | 10027 | 300077025 | CORPORATION | $250,000 | PROGRAM EXPANSION | |
| ACHIEVEMENT NETWORK | ||||||||
| 225 FRIEND ST 704 | BOSTON | MA | 02114 | 203289870 | 501 ( C ) 3 | $1,500,000 | PROGRAM EXPANSION | |
| BRANCHING MINDS | ||||||||
| 1407 BROADWAY 24TH FLOOR | NEW YORK | NY | 10018 | 463275236 | CORPORATION | $200,000 | PROGRAM EXPANSION | |
| BRAVEN | ||||||||
| 1046 W KINZIE SUITE 301 | CHICAGO | IL | 60642 | 464340594 | 501 ( C ) 3 | $50,000 | PROGRAM EXPANSION | |
| CITY CONNECTS (DBA TRUSTEES OF BOSTON COLLEGE) | ||||||||
| 140 COMMONWEALTH AVE 129 LAKE ST | CHESTNUT HILL | MA | 02467 | 042103545 | CORPORATION | $150,000 | PROGRAM EXPANSION | |
| CITY YEAR | ||||||||
| 287 COLUMBUS AVE | BOSTON | MA | 02116 | 201055716 | 501 ( C ) 3 | $150,000 | PROGRAM EXPANSION | |
| CODE2040 | ||||||||
| 785 MARKET ST SUITE 850 | SAN FRANCISCO | CA | 94103 | 455026246 | 501 ( C ) 3 | $50,000 | PROGRAM EXPANSION | |
| COLLEGE SUMMIT INC | ||||||||
| 1763 COLUMBIA ROAD NW 2ND FLOOR | WASHINGTON | DC | 20009 | 522007028 | 501 ( C ) 3 | $514,134 | PROGRAM EXPANSION | |
| EDUCATORS FOR EXCELLENCE | ||||||||
| 333 WEST 39TH STREET SUITE 703 | NEW YORK | NY | 10018 | 273382030 | 501 ( C ) 3 | $250,000 | PROGRAM EXPANSION | |
| EDUCATION CITIES | ||||||||
| PO BOX 11547 | MEMPHIS | TN | 38111 | 464187825 | 501 ( C ) 3 | $100,000 | PROGRAM EXPANSION | |
| ENLEARN | ||||||||
| 400 N 34TH ST 310 | SEATTLE | WA | 98103 | 461009728 | 501 ( C ) 3 | $250,000 | PROGRAM EXPANSION | |
| PROJECT EYE TO EYE INC | ||||||||
| 1430 BROADWAY 6TH FLOOR | NEW YORK | NY | 10018 | 510570498 | 501 ( C ) 3 | $250,000 | PROGRAM EXPANSION | |
| FAMILY INDEPENDENCE INITIATIVE | ||||||||
| 5539 DEER RUN DRIVE | EL SOBRANTE | CA | 94803 | 651187733 | 501 ( C ) 3 | $500,000 | PROGRAM EXPANSION | |
| FOODCORPS | ||||||||
| 281 PARK AVE S | NEW YORK | NY | 10010 | 273990987 | 501 ( C ) 3 | $250,000 | PROGRAM EXPANSION | |
| FOUND IN TRANSLATION | ||||||||
| 649 MASSACHUSETTS AVE SUITE 6 | CAMBRIDGE | MA | 02139 | 453302596 | 501 ( C ) 3 | $50,000 | PROGRAM EXPANSION | |
| GO PUBLIC SCHOOLS | ||||||||
| 134 LINDEN ST | OAKLAND | CA | 94607 | 271025753 | 501 ( C ) 3 | $100,000 | PROGRAM EXPANSION | |
| IMENTOR INCORPORATED | ||||||||
| 30 BROAD STREET 9TH FLOOR | NEW YORK | NY | 10004 | 300105507 | 501 ( C ) 3 | $605,614 | PROGRAM EXPANSION | |
| INNOVATE PUBLIC SCHOOLS | ||||||||
| 1400 PARKMOOR AVE NO 240 | SAN JOSE | CA | 95126 | 462155826 | 501 ( C ) 3 | $250,000 | PROGRAM EXPANSION | |
| JOAN GANZ COONEY CENTER FOR EDUCATIONAL MEDIA AND RESEARCH INC | ||||||||
| ONE LINCOLN PLAZA | NEW YORK | NY | 10023 | 208783702 | 501 ( C ) 3 | $64,800 | PROGRAM EXPANSION | |
| LEADING EDUCATORS | ||||||||
| 1824 ORETHA CASTLE HALEY BLVD | NEW ORLEANS | LA | 70113 | 451447048 | 501 ( C ) 3 | $250,000 | PROGRAM EXPANSION | |
| LEAP INNOVATIONS | ||||||||
| C/O 1871 222 W MERCHANDISE MART | CHICAGO | IL | 60654 | 464784152 | 501 ( C ) 3 | $250,000 | PROGRAM EXPANSION | PLAZA SUITE 1212 |
| LEARNING INNOVATION FUND (MIT MEDIA LAB) | ||||||||
| 77 MASSACHUSETTS AVENUE NE49-3142 | CAMBRIDGE | MA | 02139 | 042103594 | 501 ( C ) 3 | $100,000 | PROGRAM EXPANSION | |
| LIFT INC | ||||||||
| 800 7TH STREET NW | WASHINGTON | DC | 20001 | 522168409 | 501 ( C ) 3 | $250,000 | PROGRAM EXPANSION | |
| MANAGEMENT LEADERSHIP FOR TOMORROW | ||||||||
| 5335 WISCONSIN AVENUE NW | WASHINGTON | DC | 20015 | 521795164 | 501 ( C ) 3 | $250,000 | PROGRAM EXPANSION | |
| THE MATCH FOUNDATION INC | ||||||||
| 215 FOREST HILLS STREET | JAMAICA PLAIN | MA | 02130 | 043476160 | 501 ( C ) 3 | $450,000 | PROGRAM EXPANSION | |
| NEIGHBORHOOD TRUST FINANICAL PARTNERS | ||||||||
| 530 W 166TH ST 4TH FLOOR | NEW YORK | NY | 10032 | 133849263 | 501 ( C ) 3 | $50,000 | PROGRAM EXPANSION | |
| NEW AMERICAN LEADERS PROJECT | ||||||||
| 121 AVENUE OF THE AMERICAS 6TH | NEW YORK | NY | 10013 | 132612524 | 501 ( C ) 3 | $50,000 | PROGRAM EXPANSION | FLOOR |
| NEW CLASSROOMS | ||||||||
| 1250 BROADWAY 30TH FLOOR | NEW YORK | NY | 10001 | 452736163 | 501 ( C ) 3 | $250,000 | PROGRAM EXPANSION | |
| NEW POLITICS LEADERSHIP ACADEMY | ||||||||
| 1 EMERSON PLACE 16C | BOSTON | MA | 02114 | 462202997 | 501 ( C ) 3 | $20,800 | PROGRAM EXPANSION | |
| NEW TEACHER CENTER | ||||||||
| 725 FRONT STREET NO 400 | SANTA CRUZ | CA | 95060 | 262427526 | 501 ( C ) 3 | $709,000 | PROGRAM EXPANSION | |
| NEW YORK UNIVERSITY | ||||||||
| 70 WASHINGTON SQUARE SOUTH | NEW YORK | NY | 10012 | 135562308 | 501 ( C ) 3 | $199,135 | PROGRAM EXPANSION | |
| POLIS POLITICS | ||||||||
| 100 N WASHINGTON ST FL 1 | BOSTON | MA | 02114 | 475408610 | CORPORATION | $50,000 | PROGRAM EXPANSION | |
| POWERMYLEARNING | ||||||||
| 520 8TH AVE 10TH FLOOR | NEW YORK | NY | 10018 | 133935309 | 501 ( C ) 3 | $150,000 | PROGRAM EXPANSION | |
| REGENTS FOR THE UNIVERSITY OF CALIFORNIA AT BERKELEY | ||||||||
| 2150 STATTUCK AVE | BERKELEY | CA | 04704 | 956002123 | 501 ( C ) 3 | $240,554 | PROGRAM EXPANSION | |
| SINGLE STOP USA | ||||||||
| 123 WILLIAM STREET | NEW YORK | NY | 10038 | 208837690 | 501 ( C ) 3 | $337,960 | PROGRAM EXPANSION | |
| SIRUM | ||||||||
| 150 ALMA STREET UNIT 116 | MENLO PARK | CA | 94025 | 271103057 | 501 ( C ) 3 | $50,000 | PROGRAM EXPANSION | |
| SOLIDAGO FOUNDATION | ||||||||
| 150 MAIN ST 24 | NORTHHAMPTON | MA | 01068 | 202963670 | 501 ( C ) 3 | $100,000 | PROGRAM EXPANSION | |
| THIRD SECTOR CAPITAL PARTNERS | ||||||||
| 200 CLARENDON ST 44TH FLOOR | BOSTON | MA | 02116 | 461301032 | 501 ( C ) 3 | $250,000 | PROGRAM EXPANSION | |
| TURNAROUND FOR CHILDREN | ||||||||
| 25 WEST 45TH ST 6TH FLOOR | NEW YORK | NY | 10036 | 061495529 | 501 ( C ) 3 | $750,000 | PROGRAM EXPANSION | |
| UNIVERSTIY OF NORTH CAROLINA - CHAPEL HILL | ||||||||
| 910 RALEIGH ROAD | CHAPEL HILL | NC | 27514 | 566001383 | 501 ( C ) 3 | $150,091 | PROGRAM EXPANSION | |
| UNIVERSITY OF MISSOURI | ||||||||
| 800 CONLEY AVENUEE | COLUMBIA | MO | 65211 | 436003859 | 501 ( C ) 3 | $108,762 | PROGRAM EXPANSION | |
| XPRIZE FOUNDATION | ||||||||
| 800 CORPORATE POINTE SUITE 350 | CULVER CITY | CA | 90230 | 521876879 | 501 ( C ) 3 | $250,000 | PROGRAM EXPANSION | |
| YOUTHBUILD USA | ||||||||
| 58 DAY STREET | SOMERVILLE | MA | 02144 | 223076454 | 501 ( C ) 3 | $827,869 | PROGRAM EXPANSION | |
| YOUTH SERVICES INC | ||||||||
| 200 CLARENDON ST 44TH FLOOR | BOSTON | MA | 02116 | 461695065 | 501 ( C ) 3 | $680,000 | PROGRAM EXPANSION | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 40 | Total501c3OrgCnt |
| Total Other Org | 4 | 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 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. A PORTFOLIO MANAGER ALSO HOLDS A SEAT ON THE ORGANIZATION'S BOARD OF DIRECTORS THROUGHOUT THE TERM OF NEW PROFIT'S INVESTMENT IN THE ORGANIZATION. FOR THE YEAR ENDED DECEMBER 31, 2016, NEW PROFIT INCURRED $4,965,707 OF PERSONNEL COSTS RELATING TO THE PORTFOLIO MANAGEMENT ACTIVITES AND SUPPORT TO ITS PORTFOLIO ORGANIZATIONS. THIS AMOUNT REPRESENTED APPROXIMATELY 56% OF THE TOTAL PERSONNEL COSTS OF NEW PROFIT IN 2016. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (8 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VANESSA KIRSCH | ||||||||||||||
| FOUNDER AND CEO | $337,295 | $0 | $42,500 | $0 | $0 | $0 | $0 | $0 | $21,641 | $0 | $401,436 | $0 | $0 | $0 |
| DOUG BORCHARD | ||||||||||||||
| TREASURER, MANAGING PARTNER AND COO | $249,194 | $0 | $30,500 | $0 | $0 | $0 | $0 | $0 | $7,090 | $0 | $286,784 | $0 | $0 | $0 |
| DEBORAH SMOLOVER | ||||||||||||||
| EXECUTIVE DIRECTOR OF AMERICA FORWAR | $314,061 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21,242 | $0 | $335,303 | $0 | $0 | $0 |
| JACOB SCHRAMM | ||||||||||||||
| MANAGING PARTNER, LEARN TO EARN FUND | $245,898 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18,798 | $0 | $264,696 | $0 | $0 | $0 |
| DERREK SHULMAN | ||||||||||||||
| PARTNER, SENIOR PHILANTHROPIC ADVISO | $225,615 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16,476 | $0 | $242,091 | $0 | $0 | $0 |
| ELIZA GREENBERG | ||||||||||||||
| MANAGING PARTNER, INNOVATION FUND | $223,337 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11,066 | $0 | $234,403 | $0 | $0 | $0 |
| SHRUTI SEHRA | ||||||||||||||
| MANAGING PARTNER, REIMAGINE LEARNING | $220,977 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11,849 | $0 | $232,826 | $0 | $0 | $0 |
| KIMBERLY SYMAN | ||||||||||||||
| MANAGING PARTNER, FIELD LEADERSHIP | $215,332 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21,339 | $0 | $236,671 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (7 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| MANAGEMENT LEADERSHIP FOR TOMORROW | |||
| A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF MLT | $250,000 | GRANT PAYMENT | 0 |
| LIFT | |||
| A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF LIFT | $250,000 | GRANT PAYMENT | 0 |
| PROJECT EYE TO EYE | |||
| A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF PROJECT EYE TO EYE | $250,000 | GRANT PAYMENT | 0 |
| CITY YEAR | |||
| A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF CITY YEAR | $150,000 | GRANT PAYMENT | 0 |
| COLLEGE SUMMIT | |||
| A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF COLLEGE SUMMIT | $514,134 | GRANT PAYMENT | 0 |
| BAIN CAPITAL | |||
| SEVERAL NEW PROFIT BOARD MEMBERS ARE MANAGING DIRECTORS AT BAIN CAPITAL | $447,565 | RENT PAYMENTS | 0 |
| DELOITTE CONSULTING LLP | |||
| A NEW PROFIT BOARD MEMBER IS A MANAGING DIRECTOR AT DELOITTE CONSULTING LLP | $345,000 | PAYMENT FOR CONSULTING SERVICES PROVIDED | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. 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 CERTAIN MEMBERS OF NEW PROFIT'S EXECUTIVE TEAM IS SET BY THE COMPENSATION 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 WITHIN COMPARABLE ORGANIZATIONS, AN ASSESSMENT OF NEW PROFIT'S PERFORMANCE AGAINST GOALS FOR THE PREVIOUS FISCAL YEAR, AND PERFORMANCE ASSESSMENTS FOR EACH STAFF MEMBER, INCLUDING A SELF-ASSESSMENT. MANAGEMENT MEETS WITH THE COMPENSATION COMMITTEE TO DISCUSS THE MATERIAL PROVIDED. THE COMPENSATION COMMITTEE THEN MEETS INDEPENDENTLY TO DETERMINE COMPENSATION. |
| 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 -157,076. |
| PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |