NEW PROFIT INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- NEW PROFIT INC (EIN 04-3396766)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-09-18
- IRS object ID
- 201412619349300311
- Schema version
- 2013v3.0
- 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 | 2014-09-18T09:49:17-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | 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 | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 EAST MAIN STREET | AddressLine1 |
| City | WESTBORO | City |
| State | MA | State |
| ZIP Code | 01581 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | 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 | BusinessNameLine1 |
| 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 9TH FLOOR | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUGLAS BORCHARD | PersonNm |
| Person Title | MANAGING DIRECTOR & COO | PersonTitleTxt |
| Phone | 6179128800 | PhoneNum |
| Signature | 2014-09-17 | 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 | 2014-09-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DOUGLAS BORCHARD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 CLARENDON STREET 9TH FLOOR | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $42,183,145 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NEWPROFIT.COM | 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.COM) FOR DESCRIPTIONS OF OUR MISSION, PROGRAMS AND SUPPLEMENTAL 990 INFORMATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 68 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $16,795,036 | PYContributionsGrantsAmt |
| CY Contributions Grants | $42,164,797 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,320 | PYInvestmentIncomeAmt |
| CY Investment Income | -$64,849 | CYInvestmentIncomeAmt |
| PY Other Revenue | $20,950 | PYOtherRevenueAmt |
| CY Other Revenue | $17,657 | CYOtherRevenueAmt |
| PY Total Revenue | $16,822,306 | PYTotalRevenueAmt |
| CY Total Revenue | $42,117,605 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $14,335,466 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $15,907,599 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,880,078 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,223,720 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,852,485 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,969,390 | PYOtherExpensesAmt |
| CY Other Expenses | $3,984,757 | CYOtherExpensesAmt |
| PY Total Expenses | $24,184,934 | PYTotalExpensesAmt |
| CY Total Expenses | $27,116,076 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$7,362,628 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $15,001,529 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $29,148,304 | TotalAssetsBOYAmt |
| Total Assets EOY | $44,724,628 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,085,590 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,660,385 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $26,062,714 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $41,064,243 | 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 | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $7,753,535 | ExpenseAmt |
| Grant | $5,170,000 | GrantAmt |
| Desc | PORTFOLIO INVESTING - GENERAL FUND - 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. THE GROWTH DIAGNOSTIC TOOL ENABLES PORTFOLIO MANAGERS TO ASSESS THE DEVELOPMENT OF EACH PORTFOLIO ORGANIZATION, AND TO THEN PRIORITIZE AND FOCUS STRATEGIC SUPPORT WHERE IT IS MOST NECESSARY. 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. IN 2013, DELOITTE PROVIDED $1,834,093 OF DONATED CONSULTING SERVICES TO THE PORTFOLIO ORGANIZATIONS INCLUDED IN NEW PROFIT'S GENERAL FUND. CERTAIN COMPONENTS OF NEW PROFIT'S PORTFOLIO INVESTMENT PROGRAM ARE EXECUTED THROUGH THE NEW PROFIT'S DOMAIN APPROACH, WHICH BRING INVESTORS, SOCIAL ENTREPRENEURS, POLICY EXPERTS, AND TOP RESEARCHERS TOGETHER IN CLOSE AND HIGHLY ENGAGED COMMUNITIES TO IDENTIFY AND DEVISE SOLUTIONS TO THE CHALLENGES IN SPECIFIC ISSUE AREAS. AS OF DECEMBER 31, 2013, NEW PROFIT HAD TWO DOMAINS AND ARE DESCRIBED AS SEPARATE PROGRAMS IN PART III. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $9,869,348 | ExpenseAmt |
| Grant | $8,862,599 | GrantAmt |
| Desc | PORTFOLIO INVESTING - PATHWAYS FUND - THE PATHWAYS FUND IS A PUBLIC/PRIVATE FUNDING PARTNERSHIP AMONGST THE CORPORATION FOR NATIONAL AND COMMUNITY SERVICE'S (CNCS) SOCIAL INNOVATION FUND AND SEVERAL CORPORATE FOUNDATIONS. THROUGH THE PATHWAYS FUND, HIGH-POTENTIAL, YOUTH DEVELOPMENT ORGANIZATIONS RECEIVE MULTI-YEAR GRANTS AND TECHNICAL ASSISTANCE TO HELP GROW THEIR IMPACT, BUILD THEIR EVIDENCE BASE, AND EXPAND THEIR PROGRAMS IN AREAS OF THE U.S. WHERE MANY OF THE GREATEST CHALLENGES IN YOUTH DEVELOPMENT EXIST. BY SUPPORTING AND GROWING A PORTFOLIO OF INNOVATIVE ORGANIZATIONS THAT OFFER CRITICAL INTERVENTIONS FOR LOW-INCOME YOUTH, NEW PROFIT SEEKS TO INCREASE THE IMPACT OF NONPROFIT ORGANIZATIONS ON THE LIVES OF LOW-INCOME YOUTH ACROSS THE COUNTRY, IMPROVING HIGH SCHOOL GRADUATION RATES, COLLEGE ENROLLMENT AND PERSISTENCE, AND ACCESS TO JOBS THAT PAY A LIVING WAGE. THE SERVICES PROVIDED TO THE PORTFOLIO ORGANIZATIONS ALSO INCLUDE THOSE PROVIDED WITHIN THE GENERAL FUND AND HAVE RECEIVED $871,929 OF DONATED CONSULTING SERVICES THROUGH DELOITTE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,989,156 | ExpenseAmt |
| Grant | $1,875,000 | GrantAmt |
| Desc | REIMAGINE LEARNING - THE REIMAGINE LEARNING DOMAIN AIMS TO FUNDAMENTALLY REIMAGE THE WAY LEARNING HAPPENS IN AMERICA SO THAT ALL STUDENTS CAN ACHIEVE ACADEMIC AND LIFE SUCCESS. THIS VISION HINGES ON THREE CORE PRINCIPLES: 1) APPRECIATING LEARNER VARIABILITY (THE UNIQUE NEEDS AND TALENTS LEARNERS POSSESS), 2) RECOGNIZING THE INEXTRICABLE LINK BETWEEN COGNITIVE SKILLS AND SOCIAL-EMOTIONAL DEVELOPMENT; AND 3) EMPOWERING STUDENTS TO HAVE THE AGENCY AND VOICE TO GUIDE THEIR LEARNING JOURNEYS. TO ACHIEVE THIS TYPE OF TRANSFORMATIVE CHANGE, THE DOMAIN HAS BUILT COALITION OF VISIONARY ACTORS - SOCIAL ENTREPRENEURS, FUNDERS, POLICY ADVOCATES, RESEARCHERS, AND CREATIVE AND ENTERTAINMENT COMMUNITY MEMBERS - WHO ARE WORKING TOGETHER TO ALIGN ACTIONS TO CHANGE PRACTICE AND POLICY, AND CULTURE. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,396,976 | ExpenseAmt |
| Desc | FIELD LEADERSHIP - NEW PROFIT ALSO CONDUCTS A VARIETY OF FIELD LEADERSHIP ACTIVITIES THAT CONSTANTLY PUSH THE SOCIAL SECTOR TO EMBRACE INNOVATION AND GENERATE NEW SOLUTIONS. NEW PROFIT 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 ACTORS 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, NEW PROFIT'S ANNUAL CONVENING, IS THE SIGNATURE PLATFORM FOR THIS WORK. IN ADDITION, AMERICA FORWARD IS NEW PROFIT'S NONPARTISAN POLICY INITIATIVE 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. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $2,396,976 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $23,009,015 | 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 | 33 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 68 | 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 |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | 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 |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOUGLAS BORCHARD MANAGING DIRECTOR AND COO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6179128800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 CLARENDON STREET 9TH FLOOR | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| GREG AVIS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSH BEKENSTEIN | ||||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| ED COHEN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL EDGERLEY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL S GROGAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE JENNINGS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BILL MCCLEMENTS | ||||||||
| CLERK | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DUNCAN MCFARLAND | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK NUNNELLY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES PALLOTTA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ELIZABETH RILEY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BARRY SALZBERG | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN SPECTOR | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFFREY C WALKER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HUGH JONES III | ||||||||
| MANAGING DIRECTOR | 45.00 | $402,870 | $0 | $83,959 | Yes (X) | |||
| VANESSA KIRSCH | ||||||||
| MANAGING DIRECTOR AND FOUNDER | 45.00 | $384,159 | $0 | $98,967 | Yes (X) | |||
| DOUG BORCHARD | ||||||||
| MANAGING DIRECTOR, CHIEF OPERATING OFFICER | 45.00 | $271,230 | $0 | $50,617 | Yes (X) | |||
| AMANDA CLARK MACMULLAN | ||||||||
| MANAGING PARTNER, CHIEF DEVELOPMENT OFFICER | 45.00 | $252,192 | $0 | $57,955 | Yes (X) | |||
| DEBORAH SMOLOVER | ||||||||
| EXECUTIVE DIRECTOR OF AMERICA FORWARD | 45.00 | $293,204 | $0 | $16,978 | Yes (X) | |||
| KIM SYMAN | ||||||||
| MANAGING PARTNER, ACTION TANK | 45.00 | $219,606 | $0 | $17,204 | Yes (X) | |||
| LISA JACKSON | ||||||||
| MANAGING PARTNER, PORTFOLIO TEAM | 45.00 | $221,215 | $0 | $5,005 | Yes (X) | |||
| DIANA SMITH | ||||||||
| SENIOR PARTNER, LEADERSHIP TRANSFORMATION | 45.00 | $202,093 | $0 | $6,700 | Yes (X) | |||
| ELIZABETH RIKER | ||||||||
| MANAGING PARTNER, CORE FUND | 45.00 | $182,905 | $0 | $10,572 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,429,474 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $347,957 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 16 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DELOITTE CONSULTING LLP | |||||
| 200 BERKELEY ST SUITE 400 | BOSTON | MA | 02116 | PORTFOLIO CONSULTING | $550,000 |
| CAPTAINS OF INDUSTRY | |||||
| 21 UNION ST | BOSTON | MA | 02108 | CONTENT MARKETING | $245,410 |
| THE POTTER GROUP | |||||
| 5019 RENO RD NW | WASHINGTON | DC | 20008 | EVALUATION | $224,000 |
| RESEARCH FOR ACTION | |||||
| 100 SOUTH BROAD STREET SUITE 700 | PHILADEPHIA | PA | 19110 | EVALUATION | $173,563 |
| SAGAWA JOSPIN | |||||
| 3000 GREENVALE ROAD | CHEVY CHASE | MD | 20815 | POLICY CONSULTING | $126,209 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $4,755,693 | GovernmentGrantsAmt |
| All Other Contributions | $37,409,104 | AllOtherContributionsAmt |
| Total Contributions | $42,164,797 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $691 | TotalRevenueColumnAmt |
| Exclusion | $691 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $65,540 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$65,540 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$65,540 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$65,540 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $17,657 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,657 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $17,657 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,117,605 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$47,883 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $691 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,907,599 | TotalAmt |
| Program Services | $15,907,599 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,396,732 | TotalAmt |
| Program Services | $562,111 | ProgramServicesAmt |
| Management And General | $480,667 | ManagementAndGeneralAmt |
| Fundraising | $353,954 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,164,658 | TotalAmt |
| Program Services | $3,243,224 | ProgramServicesAmt |
| Management And General | $1,139,412 | ManagementAndGeneralAmt |
| Fundraising | $782,022 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,129 | TotalAmt |
| Program Services | $29,230 | ProgramServicesAmt |
| Management And General | $2,693 | ManagementAndGeneralAmt |
| Fundraising | $1,206 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,949 | TotalAmt |
| Program Services | $156,022 | ProgramServicesAmt |
| Management And General | $43,062 | ManagementAndGeneralAmt |
| Fundraising | $14,865 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $415,252 | TotalAmt |
| Program Services | $243,129 | ProgramServicesAmt |
| Management And General | $99,434 | ManagementAndGeneralAmt |
| Fundraising | $72,689 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,443,042 | TotalAmt |
| Program Services | $1,030,468 | ProgramServicesAmt |
| Management And General | $40,140 | ManagementAndGeneralAmt |
| Fundraising | $372,434 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,291 | TotalAmt |
| Program Services | $6,035 | ProgramServicesAmt |
| Management And General | $73,256 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $726,446 | TotalAmt |
| Program Services | $672,585 | ProgramServicesAmt |
| Management And General | $43,861 | ManagementAndGeneralAmt |
| Fundraising | $10,000 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $271,121 | TotalAmt |
| Program Services | $118,136 | ProgramServicesAmt |
| Management And General | $101,322 | ManagementAndGeneralAmt |
| Fundraising | $51,663 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $370,987 | TotalAmt |
| Program Services | $202,737 | ProgramServicesAmt |
| Management And General | $127,055 | ManagementAndGeneralAmt |
| Fundraising | $41,195 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $493,128 | TotalAmt |
| Program Services | $357,594 | ProgramServicesAmt |
| Management And General | $19,608 | ManagementAndGeneralAmt |
| Fundraising | $115,926 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $512,640 | TotalAmt |
| Program Services | $435,012 | ProgramServicesAmt |
| Management And General | $56,233 | ManagementAndGeneralAmt |
| Fundraising | $21,395 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,530 | TotalAmt |
| Program Services | $25,974 | ProgramServicesAmt |
| Management And General | $16,278 | ManagementAndGeneralAmt |
| Fundraising | $5,278 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,676 | TotalAmt |
| Management And General | $3,676 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Total | $36,896 | TotalAmt |
| Program Services | $19,159 | ProgramServicesAmt |
| Management And General | $7,879 | ManagementAndGeneralAmt |
| Fundraising | $9,858 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,116,076 | TotalAmt |
| Program Services | $23,009,015 | ProgramServicesAmt |
| Management And General | $2,254,576 | ManagementAndGeneralAmt |
| Fundraising | $1,852,485 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,649,432 | BOYAmt |
| EOY | $5,468,103 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,256,991 | BOYAmt |
| EOY | $5,231,340 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,973,141 | BOYAmt |
| EOY | $33,400,354 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,433 | BOYAmt |
| EOY | $99,066 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $105,039 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $69,362 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,307 | BOYAmt |
| EOY | $35,677 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $490,088 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,148,304 | BOYAmt |
| EOY | $44,724,628 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $686,730 | BOYAmt |
| EOY | $832,154 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,398,860 | BOYAmt |
| EOY | $2,828,231 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,085,590 | BOYAmt |
| EOY | $3,660,385 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,738,527 | BOYAmt |
| EOY | $5,439,818 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,324,187 | BOYAmt |
| EOY | $35,624,425 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,062,714 | BOYAmt |
| EOY | $41,064,243 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,148,304 | BOYAmt |
| EOY | $44,724,628 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $15,001,529 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | 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 | $22,476,216 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,709,283 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,674,162 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,795,036 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $42,164,797 | CurrentTaxYearAmt |
| Total | $100,819,494 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $22,476,216 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,709,283 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,674,162 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,795,036 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $42,164,797 | CurrentTaxYearAmt |
| Total | $100,819,494 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $27,711,346 | SubstantialContributorsTotAmt |
| Public Support Total170 | $73,108,148 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,478 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $219 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $207 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,320 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $691 | CurrentTaxYearAmt |
| Total | $10,915 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,994 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $37,905 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $61,043 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,950 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,657 | CurrentTaxYearAmt |
| Total | $151,549 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $100,981,958 | TotalSupportAmt |
| Public Support CY170 | 0.72400 | PublicSupportCY170Pct |
| Public Support PY170 | 0.72990 | 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 Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $52,000 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $52,000 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $27,064,076 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $27,116,076 | 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 | $176,769 | CurrentYearMinus3Amt |
| Current Year Minus2 | $161,854 | CurrentYearMinus2Amt |
| Current Year Minus1 | $12,525 | CurrentYearMinus1Amt |
| Current Year | $52,000 | CurrentYearAmt |
| Total | $403,148 | 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 | $69,362 | DepreciationAmt |
| Book Value | $35,677 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $35,677 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $45,540,320 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $3,422,715 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $3,422,715 | RevenueNotReportedAmt |
| Revenue Subtotal | $42,117,605 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $42,117,605 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $30,538,791 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $3,422,715 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $3,422,715 | ExpensesNotReportedAmt |
| Expenses Subtotal | $27,116,076 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $27,116,076 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | 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 STATEMENT 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, 2013. THE ORGANIZATIONS INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (33 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| 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 | $250,000 | PROGRAM EXPANSION | |
| ADMISSION POSSIBLE (COLLEGE POSSIBLE) | ||||||||
| 450 NORTH SYNDICATE STREET SUITE | ST PAUL | MN | 55104 | 411968798 | 501(C)3 | $250,000 | PROGRAM EXPANSION | 325 |
| AVANCE INC | ||||||||
| 118 NORTH MEDINA SUITE 380 | SAN ANTONIO | TX | 78207 | 912074499 | 501(C)3 | $250,000 | PROGRAM EXPANSION | |
| COLLEGE SUMMIT INC | ||||||||
| 1763 COLUMBIA ROAD NW 2ND FLOOR | WASHINGTON | DC | 20009 | 522007028 | 501(C)3 | $1,434,358 | PROGRAM EXPANSION | |
| EDUCATORS FOR EXCELLENCE | ||||||||
| 333 WEST 39TH STREET SUITE 703 | NEW YORK | NY | 10018 | 273382030 | 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 INITITATIVE | ||||||||
| 5539 DEER RUN DRIVE | EL SOBRANTE | CA | 94803 | 651187733 | 501(C)3 | $200,000 | PROGRAM EXPANSION | |
| FIRST PLACE FOR YOUTH | ||||||||
| 426 17TH ST STE 100 | OAKLAND | CA | 94612 | 943341034 | 501(C)3 | $250,000 | PROGRAM EXPANSION | |
| FOODCORPS | ||||||||
| 281 PARK AVE S | NEW YORK | NY | 10010 | 273990987 | 501(C)3 | $250,000 | PROGRAM EXPANSION | |
| GENESYS WORKS | ||||||||
| 601 JEFFERSON AVE | HOUSTON | TX | 77002 | 030440761 | 501(C)3 | $250,000 | PROGRAM EXPANSION | |
| HEALTH LEADS INC | ||||||||
| 111 HUNTINGTON AVE 23RD FLOOR | BOSTON | MA | 02199 | 450484533 | 501(C)3 | $525,000 | PROGRAM EXPANSION | |
| IMENTOR INCORPORATED | ||||||||
| 30 BROAD STREET 9TH FLOOR | NEW YORK | NY | 10004 | 300105507 | 501(C)3 | $1,357,930 | PROGRAM EXPANSION | |
| KIPP FOUNDATION | ||||||||
| 135 MAIN ST SUITE 1700 | SAN FRANCISCO | CA | 94105 | 943362724 | 501(C)3 | $500,000 | PROGRAM EXPANSION | |
| LIFT INC | ||||||||
| 800 7TH STREET NW | WASHINGTON | DC | 20001 | 522168409 | 501(C)3 | $550,000 | PROGRAM EXPANSION | |
| MANAGEMENT LEADERS FOR TOMORROW | ||||||||
| 5335 WISCONSIN AVENUE NW SUITE 805 | WASHINGTON | DC | 20015 | 521795164 | 501(C)3 | $20,000 | PROGRAM EXPANSION | |
| CENTER FOR CITIZEN'S LEADERSHIP (DBA MISSION CONTINUES) | ||||||||
| 1141 SOUTH 7TH STREET | STLOUIS | MO | 63104 | 208742553 | 501(C)3 | $250,000 | PROGRAM EXPANSION | |
| COLLEGE ADVISING CORPS | ||||||||
| 301 W BARBEE CHAPEL ROAD SUITE 100 | CHAPEL HILL | NC | 27517 | 461192687 | 501(C)3 | $166,038 | PROGRAM EXPANSION | |
| NEW CLASSROOMS | ||||||||
| 1250 BROADWAY 30TH FLOOR | NEW YORK | NY | 10001 | 452736163 | 501(C)3 | $250,000 | PROGRAM EXPANSION | |
| NEW LEADERS FOR NEW SCHOOLS | ||||||||
| 30 WEST 26TH STREET 2ND FLOOR | NEW YORK | NY | 10010 | 043519203 | 501(C)3 | $700,000 | PROGRAM EXPANSION | |
| NEW TEACHER CENTER | ||||||||
| 725 FRONT STREET NO 400 | SANTA CRUZ | CA | 95060 | 262427526 | 501(C)3 | $625,000 | PROGRAM EXPANSION | |
| NEW YORK UNVIVERSITY | ||||||||
| 70 WASHINGTON SQUARE SOUTH | NEW YORK | NY | 10012 | 135562308 | 501(C)3 | $409,563 | PROGRAM EXPANSION | |
| PEACE FIRST INC | ||||||||
| 280 SUMMER STREET MEZZANINE LEVEL | BOSTON | MA | 02210 | 043323467 | 501(C)3 | $250,000 | PROGRAM EXPANSION | |
| PEER HEALTH EXCHANGE INC | ||||||||
| 545 SANSOME SUITE 900 | SAN FRANCISCO | CA | 94111 | 562374305 | 501(C)3 | $625,000 | PROGRAM EXPANSION | |
| RARE | ||||||||
| 1840 WILSON BLVD SUITE 204 | ARLINGTON | VA | 22201 | 237380563 | 501(C)3 | $50,000 | PROGRAM EXPANSION | |
| REGENTS FOR THE UNIVERSITY OF CALIFORNIA AT BERKELEY | ||||||||
| 2150 STATTUCK AVE | BERKELEY | CA | 04704 | 956002123 | 501(C)3 | $347,031 | PROGRAM EXPANSION | |
| SINGLE STOP | ||||||||
| 1825 PARK AVENUE SUITE 503 | NEW YORK | NY | 10035 | 208837690 | 501(C)3 | $1,092,169 | PROGRAM EXPANSION | |
| TURNAROUND FOR CHILDREN | ||||||||
| 25 WEST 45TH STREET 6TH FLOOR | NEW YORK | NY | 10036 | 061495529 | 501(C)3 | $250,000 | PROGRAM EXPANSION | |
| UNIVERSITY OF ILLINOIS FOUNDATION | ||||||||
| 1305 WEST GREEN STREET | URBABA | IL | 61802 | 376006007 | 501(C)3 | $180,468 | PROGRAM EXPANSION | |
| UNIVERSTIY OF NORTH CAROLINA - CHAPEL HILL | ||||||||
| 910 RALEIGH ROAD | CHAPEL HILL | NC | 27514 | 566001383 | 501(C)3 | $217,192 | PROGRAM EXPANSION | |
| UNIVERSITY OF MISSOURI | ||||||||
| 800 CONLEY AVENUEE | COLUMBIA | MO | 65211 | 436003859 | 501(C)3 | $211,623 | PROGRAM EXPANSION | |
| YEAR UP | ||||||||
| 93 SUMMER STREET 5TH FLOOR | BOSTON | MA | 02210 | 043534407 | 501(C)3 | $2,250,000 | PROGRAM EXPANSION | |
| YOUTHBUILD USA | ||||||||
| 58 DAY STREET | SOMERVILLE | MA | 02144 | 223076454 | 501(C)3 | $1,196,227 | PROGRAM EXPANSION | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 32 | 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 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, 2013 NEW PROFIT INCURRED $2,686,261 OF PERSONNEL COSTS RELATING TO THE PORTFOLIO MANAGEMENT ACTIVITES AND SUPPORT TO ITS PORTFOLIO ORGANIZATIONS. THIS AMOUNT REPRESENTED APPROXIMATELY 37% OF THE TOTAL PERSONNEL COSTS OF NEW PROFIT IN 2013. | 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 (9 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HUGH JONES III | ||||||||||||||
| MANAGING DIRECTOR | $342,870 | $0 | $60,000 | $0 | $0 | $0 | $70,000 | $0 | $13,959 | $0 | $486,829 | $0 | $60,000 | $0 |
| VANESSA KIRSCH | ||||||||||||||
| MANAGING DIRECTOR AND FOUNDER | $309,159 | $0 | $75,000 | $0 | $0 | $0 | $80,000 | $0 | $18,967 | $0 | $483,126 | $0 | $75,000 | $0 |
| DOUG BORCHARD | ||||||||||||||
| MANAGING DIRECTOR, CHIEF OPERATING O | $221,230 | $0 | $50,000 | $0 | $0 | $0 | $46,000 | $0 | $4,617 | $0 | $321,847 | $0 | $50,000 | $0 |
| AMANDA CLARK MACMULLAN | ||||||||||||||
| MANAGING PARTNER, CHIEF DEVELOPMENT | $233,742 | $0 | $18,450 | $0 | $0 | $0 | $43,416 | $0 | $14,539 | $0 | $310,147 | $0 | $18,450 | $0 |
| DEBORAH SMOLOVER | ||||||||||||||
| EXECUTIVE DIRECTOR OF AMERICA FORWAR | $293,204 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16,978 | $0 | $310,182 | $0 | $0 | $0 |
| KIM SYMAN | ||||||||||||||
| MANAGING PARTNER, ACTION TANK | $219,606 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17,204 | $0 | $236,810 | $0 | $0 | $0 |
| LISA JACKSON | ||||||||||||||
| MANAGING PARTNER, PORTFOLIO TEAM | $221,215 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5,005 | $0 | $226,220 | $0 | $0 | $0 |
| DIANA SMITH | ||||||||||||||
| SENIOR PARTNER, LEADERSHIP TRANSFORM | $202,093 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6,700 | $0 | $208,793 | $0 | $0 | $0 |
| ELIZABETH RIKER | ||||||||||||||
| MANAGING PARTNER, CORE FUND | $182,905 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10,572 | $0 | $193,477 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (7 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| KIPP FOUNDATION | |||
| A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF KIPP | $500,000 | GRANT PAYMENT | 0 |
| NEW LEADERS FOR NEW SCHOOLS | |||
| A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF NEW LEADERS | $700,000 | GRANT PAYMENT | 0 |
| CENTER FOR CITIZEN LEADERSHIP DBA THE MISSION CONTINUES | |||
| A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF TMC | $250,000 | GRANT PAYMENT | 0 |
| PROJECT EYE TO EYE | |||
| A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF EYE TO EYE | $250,000 | GRANT PAYMENT | 0 |
| COLLEGE SUMMIT | |||
| A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF COLLEGE SUMMIT | $1,434,358 | GRANT PAYMENT | 0 |
| DELOITTE CONSULTING LLP | |||
| A NEW PROFIT BOARD MEMBER IS A MANAGING DIRECTOR AT DELOITTE | $550,000 | PAYMENT FOR CONSULTING SERVICES PROVIDED | 0 |
| CAPTAINS OF INDUSTRY | |||
| THE CEO OF CAPTAINS OF INDUSTRY IS THE BROTHER OF A MANAGING DIRECTOR AT NE | $245,410 | PAYMENT FOR CONSULTING SERVICES PROVIDED | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | SEE PART III LINE 4C FOR NEW SIGNIGICANT PROGRAM SERVICE UNDERTAKEN IN FY13. |
| FORM 990, PART VI, SECTION B, LINE 11 | 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 AND ALL BOARD MEMBERS ARE ALSO REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. 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 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 PREPARED BY THE MANAGING DIRECTOR. 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 XII LINE 2C | NEW PROFIT'S AUDIT OVERSIGHT AND SELECTION PROCESS DID NOT CHANGE DURING FY2013. |