New Profit
Impact & Measurement
Accountability & Finance
Culture & Community
Leadership & Adaptability
building

New Profit

 
501(c)(3) organization
Donations are tax-deductible
map
225 Franklin Street, Suite 350
Boston MA 02110

Boston MA | IRS ruling year: 1998 | EIN: 04-3396766  
infoAn EIN is a unique nine-digit number that identifies a business for tax purposes.
 
Organization Mission
New Profit is a national nonprofit venture philanthropy fund. Our mission is to break down the barriers that stand between people and opportunity in America. We work ...
(More)
 

Rating Information

rating
Great

This charity's score is 100%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.

This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

Historical Ratings
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Rating Report

Accountability & Finance
Score

100

Most Recent Fiscal Year:
FY 2022
This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
 

Key Accountability Metrics

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Majority Independent Board Members - 100% independent members
10 out of 10 points  plus
Independent Board Size - 20 independent members
10 out of 10 points  plus
Financial Statements - Audit and Oversight Committee
20 out of 20 points  plus
Material Diversion of Assets - None
20 out of 20 points  plus

Tax Form Disclosures and Policies

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No Credit
Website Listed on Tax Form - Listed
5 out of 5 points  plus
Conflict of Interest Policy - Listed
5 out of 5 points  plus
Whistleblower Policy - Listed
5 out of 5 points  plus
Document Retention and Destruction - Listed
5 out of 5 points  plus
Documents Board Meeting Minutes - Yes
5 out of 5 points  plus
Tax Form Distributed to Board Before Filing - Listed
5 out of 5 points  plus
Loans to/from Officers - None
5 out of 5 points  plus

Website Disclosures

Full Credit
  
Partial Credit
  
No Credit
Tax Form Posted on Nonprofit's Website - Listed
5 out of 5 points  plus

Financial Metrics

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No Credit
Liabilities to Assets: Ratio - 3.09%
25 out of 25 points  plus
Program Expense: Ratio - 81.39%
25 out of 25 points  plus
Fundraising Efficiency: Ratio - $0.07
25 out of 25 points  plus
Working Capital: Ratio - 3.14 years
25 out of 25 points  plus

Additional Information

Total Revenue and Expenses - Data Available
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Salary of Key Persons - Data Available
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IRS Published Data (Business Master File) - Data Available
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Data Sources (IRS Forms 990) - Data Available
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