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Education : Education Policy and Reform (Grantmaking/Grants Payable)
Board Leadership
Jeffrey C. Walker
Chair
CEO
Vanessa Kirsch
Founder and Chief Executive Officer
|
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 with visionary entrepreneurs, philanthropists, and other partners to upend the status quo and transform the way America educates its children, propels people towards social and financial stability, and creates healthy communities.
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 with visionary entrepreneurs, philanthropists, and other partners to upend the status quo and transform the way America educates its children, propels people towards social and financial stability, and creates healthy communities.
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87.44
89.00
Program Expenses (Percent of the charity's total expenses spent on the programs and services it delivers) |
84.8% | |
Administrative Expenses | 10.0% | |
Fundraising Expenses | 5.0% | |
Fundraising Efficiency | $0.04 | |
Working Capital Ratio (years) | 1.99 | |
Program Expenses Growth | -11.8% | |
Liabilities to Assets | 1.5% |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
New Profit (MA) | 88.19 | |
The Mind Trust (IN) | 95.05 | |
The NEA Foundation (DC) | 90.04 | |
Stand for Children Leadership Center (OR) | 91.69 | |
Georgia Partnership for Excellence in Education (GA) | 94.93 |
REVENUE | |
Contributions | |
Contributions, Gifts & Grants | $27,482,118 |
Federated Campaigns | $0 |
Membership Dues | $0 |
Fundraising Events | $0 |
Related Organizations | $0 |
Government Grants | $0 |
Total Contributions | $27,482,118 |
Program Service Revenue | $529,725 |
Total Primary Revenue | $28,011,843 |
Other Revenue | $277,920 |
TOTAL REVENUE | $28,289,763 |
EXPENSES | |
Program Expenses | $18,672,585 |
Administrative Expenses | $2,460,443 |
Fundraising Expenses | $1,812,322 |
TOTAL FUNCTIONAL EXPENSES | $22,945,350 |
Payments to Affiliates | $0 |
Excess (or Deficit) for the year | $5,344,413 |
Net Assets | $49,914,025 |
Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.
Program Name | Amount Spent | % of Program Expenses |
---|---|---|
Portfolio Investment Fund | $6,992,549 | 37.4% |
Reimagine Learning Fund | $3,024,600 | 16.2% |
Early Learning Fund | $974,895 | 5.2% |
Form 990 FYE | Date Published | Overall Score | Overall Rating | ||||||
---|---|---|---|---|---|---|---|---|---|
CN 2.1 | |||||||||
2018-12 | 05/01/2020 | 88.19 | |||||||
2017-12 | 12/01/2018 | 88.22 | |||||||
2016-12 | 03/01/2018 | 88.28 | |||||||
2015-12 | 05/01/2017 | 92.22 | |||||||
2014-12 | 06/01/2016 | 92.02 | |||||||
CN 2.0 | |||||||||
2013-12 | 07/01/2015 | 91.71 | |||||||
2012-12 | 02/01/2014 | 88.88 | |||||||
2011-12 | 07/01/2013 | 84.97 | |||||||
2010-12 | 04/01/2012 | 88.86 | |||||||
2009-12 | 09/20/2011 | 91.64 | |||||||
CN 1.0 | |||||||||
2009-12 | 06/01/2011 | 95.70 | |||||||
2008-12 | 07/01/2010 | 98.59 | |||||||
2007-12 | 05/01/2009 | 98.81 | |||||||
2006-12 | 03/01/2008 | 96.01 | |||||||
2005-12 | 02/01/2007 | 95.62 | |||||||
2004-12 | 01/01/2006 | 95.88 | |||||||
2003-12 | 03/01/2005 | 98.43 |
The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).
EIN | 04-3396766 |
Name in IRS Master File | NEW PROFIT INC |
NTEE Code | S50 |
NTEE Classification | Nonprofit Management |
NTEE Type | Community Improvement, Capacity Building |
Classification | Charitable Organization |
Subsection | 501(c)(3) (View the list of codes) |
Activities | (994) Described in section 170(b)1)(a)(vi) of the Code (603) Non-financial services of facilities to other organizations |
Foundation Status | Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) |
Deductibility | Contributions are deductible |
Affiliation | Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
Group Name | [Not Applicable] |
Ruling Date | October, 1998 |
Filing Requirement | 990 (all other) or 990EZ return |
Fiscal Year End | December |
IRS Forms 990 (provided courtesy of Foundation Center) |
(Log In or Register Now to View Forms 990!)
|
Compensation | % of Expenses | Paid to | Title | |
---|---|---|---|---|
$398,602 | 1.73% | Vanessa Kirsch | Founder and CEO |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
New Profit (MA) | 88.19 | |
Education Writers Association (DC) | 89.72 | |
Children Now (CA) | 91.66 | |
Education Foundation of Palm Beach County (FL) | 90.99 | |
ParentChild+ (NY) | 94.74 |
This charity has an official representative registered with Charity Navigator.
New Profit
225 Franklin Street, Suite 350
Boston,
MA 02110
tel: (617) 912-8800
EIN: 04-3396766
Jeffrey C. Walker
Chair
Vanessa Kirsch
Founder and Chief Executive Officer
Charity Navigator
299 Market Street Suite 250
Saddle Brook, NJ 07663
EIN: 13-4148824
BRIDGE ID: 3108588923