2023-11-07T10:08:08-06:00 2022-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-01-01 043396766 NEW PROFIT INC NEWP 6179128800 99 BEDFORD STREET 500 BOSTON MA 02111 DOUG BORCHARD MANAGING DIRECTOR AND COO 6179128800 2023-10-31 1 DOUG BORCHARD XXX-XX-XXXX 1 MATTHEW HUTT CPA P01070603 5083669100 2023-10-31 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DOUG BORCHARD 99 BEDFORD STREET 500 BOSTON MA 02111 22156350 0 X WWW.NEWPROFIT.ORG X 1997 MA NEW PROFIT IS A VENTURE PHILANTHROPY ORGANIZATION THAT BACKS SOCIAL ENTREPRENEURS WHO ARE ADVANCING EQUITY AND OPPORTUNITY IN AMERICA. NEW PROFIT EXISTS TO BUILD A BRIDGE BETWEEN THESE LEADERS AND A COMMUNITY OF PHILANTHROPISTS WHO ARE COMMITTED TO CATALYZING THEIR IMPACT. NEW PROFIT PROVIDES UNRESTRICTED GRANTS AND STRATEGIC SUPPORT TO A PORTFOLIO OF ORGANIZATIONS LED BY VISIONARY SOCIAL ENTREPRENEURS TO INCREASE THEIR IMPACT, SCALE, AND SUSTAINABILITY. IT ALSO PARTNERS WITH SOCIAL ENTREPRENEURS AND OTHER CROSS-SECTOR LEADERS TO SHIFT HOW GOVERNMENT AND PHILANTHROPY PURSUE SOCIAL CHANGE TO ENSURE THAT ALL PEOPLE CAN THRIVE. SINCE ITS FOUNDING IN 1998, NEW PROFIT HAS INVESTED OVER $350M IN 200+ ORGANIZATIONS AND, THROUGH THE AMERICA FORWARD COALITION'S COLLECTIVE ADVOCACY EFFORTS, HAS UNLOCKED OVER $1.9B IN GOVERNMENT FUNDING FOR SOCIAL INNOVATION. 20 20 88 21 0 0 77008557 21717666 101731 160125 8686 278559 0 0 77118974 22156350 10306000 12385000 0 0 10531823 12238553 224521 200402 3008718 6418333 10694954 27480677 35518909 49638297 -13362559 113525114 102096696 592953 3162236 112932161 98934460 X SEE SCHEDULE O. 0 0 10505359 6825000 160125 SEE SCHEDULE O. 7352827 4900000 SEE SCHEDULE O. 302105 SEE SCHEDULE O. 8238519 660000 ECOSYSTEM BUILDINGOUR ECOSYSTEM BUILDING EFFORTS ENGAGE SOCIAL ENTREPRENEURS, POLICYMAKERS, PHILANTHROPISTS, AND OTHER NATIONAL AND LOCAL STAKEHOLDERS TO TRANSFORM HOW GOVERNMENT AND PHILANTHROPY THINK ABOUT HOW TO COLLECTIVELY PURSUE SOCIAL CHANGE AND ALLOCATE RESOURCES. THROUGH THIS WORK, WE LEVERAGE DEEP INSIGHTS OF SOCIAL INNOVATORS IN OUR COMMUNITY TO INFLUENCE HOW RESOURCES FLOW IN THE SECTOR TO HELP REMOVE BARRIERS TO SUSTAINED SOCIAL PROGRESS.POSTSECONDARY INNOVATIONS FOR EQUITY (2020-2025) LAUNCHED IN 2020 TO SUPPORT INNOVATORS THAT ARE BUILDING EVIDENCE BEHIND NEW APPROACHES TO CONNECTING YOUNG ADULTS FROM LOW-INCOME COMMUNITIES WITH THE POSTSECONDARY CREDENTIALS AND WORK EXPERIENCE NEEDED TO ACCESS UPWARDLY MOBILE CAREERS. AN INITIATIVE OF LEARN TO EARN, NEW PROFIT'S POSTSECONDARY AND CAREER STRATEGY, PIE IS A TWO-PHASE EFFORT. THE FIRST 20 GRANTEE-PARTNERS WILL BE ELIGIBLE FOR THE SECOND PHASE OF THE PIE INITIATIVE, SLATED FOR LAUNCH IN 2021, IN WHICH SELECTED ORGANIZATIONS WILL EACH RECEIVE $1 MILLION BUILD INVESTMENTS FROM NEW PROFIT OVER FOUR YEARS TO FURTHER ADVANCE AND SCALE THEIR IMPACT.THROUGH THE EARLY CHILDHOOD SUPPORT ORGANIZATION (ECSO) INITIATIVE, WE ARE WORKING TO PROVIDE RESOURCES AND ALIGN FINANCIAL INCENTIVES TO SUPPORT BETTER EARLY EDUCATION OUTCOMES FOR CHILDREN FROM LOW-INCOME COMMUNITIES. ECSO IS A $20M PUBLIC-PRIVATE PARTNERSHIP BETWEEN NEW PROFIT AND THE COMMONWEALTH OF MASSACHUSETTS DEPARTMENT OF EARLY EDUCATION AND CARE (EEC). THE INITIATIVE BACKS ECSOS, WHICH WILL SERVE AS INTERMEDIARY ORGANIZATIONS THAT PARTNER WITH LOCAL CENTER AND FAMILY-BASED EARLY CHILDHOOD PROVIDERS TO HELP THEM IMPLEMENT EVIDENCE-BASED STRATEGIES TO ACHIEVE HIGHER-QUALITY PROGRAM DELIVERY AND LONG-TERM IMPACT.NEW PROFIT AND A COALITION OF PARTNERS LAUNCHED THE FUTURE OF WORK GRAND CHALLENGE IN 2020. THE CROSS-SECTOR, EQUITY-FOCUSED EFFORT AIMS TO RAPIDLY RESKILL DISPLACED WORKERS INTO HIGHER-WAGE JOBS IN AND EQUIP INFLUENTIAL WORKFORCE BOARDS WITH VETTED TOOLS. NEW PROFIT'S FUTURE OF WORK STRATEGY AIMS TO ALIGN EMPLOYER, NONPROFIT, PHILANTHROPIC, AND GOVERNMENT SECTORS TO CREATE A NEW LEARNING ECOSYSTEM THAT WORKS FOR THE MOST VULNERABLE AMERICANS. THROUGH A MULTI-RACIAL, MULTI-ETHNIC NETWORK OF PHILANTHROPISTS, PRACTITIONERS, INSTITUTIONAL FUNDERS, AND SOCIAL IMPACT STAKEHOLDERS, INCLUSIVE IMPACT IS DESIGNED TO INCREASE INVESTMENTS IN LEADERS OF COLOR IN THE SOCIAL SECTOR SO THAT WE CAN LEVERAGE THE DIVERSE VOICES IN OUR SOCIETY TO INFLUENCE WHAT A NEW ERA OF SOCIAL PROBLEM-SOLVING COULD LOOK LIKE. INCLUSIVE IMPACT IS INITIALLY FOCUSED ON INCREASING INVESTMENTS IN BLACK, INDIGENOUS, AND LATINO/A/X LEADERS BECAUSE WE HAVE FOUND THAT THAT THEY ARE SIGNIFICANTLY UNDERREPRESENTED AT ALL LEVELS OF SOCIAL SECTOR LEADERSHIP AND FACE THE LARGEST DISPARITIES IN TERMS OF FUNDING AND SUPPORT IN THE SECTOR TODAY. 2273273 POLICYAMERICA FORWARD IS NEW PROFIT'S DC-BASED, NONPARTISAN POLICY INITIATIVE THAT UNITES SOCIAL ENTREPRENEURS WITH POLICYMAKERS TO TRANSFORM LOCAL IMPACT INTO NATIONAL CHANGE. AMERICA FORWARD ENGAGES A COALITION OF OVER 100 SOCIAL INNOVATION ORGANIZATIONS THAT ARE ACHIEVING MEASURABLE OUTCOMES IN MORE THAN 15,000 COMMUNITIES NATIONWIDE. TOGETHER, THEY CHAMPION A PUBLIC POLICY AGENDA THAT FOSTERS INNOVATION, REWARDS RESULTS, AND CATALYZES CROSS-SECTOR PARTNERSHIPS IN EDUCATION, EARLY CHILDHOOD, WORKFORCE DEVELOPMENT, YOUTH DEVELOPMENT, AND POVERTY ALLEVIATION. COALITION ORGANIZATIONS HAVE LEVERAGED $1.9 BILLION FOR SOCIAL INNOVATION AND HAVE DRIVEN MILLIONS OF FEDERAL RESOURCES TOWARD PROGRAMS THAT ARE ACHIEVING MEASURABLE RESULTS FOR THOSE WHO NEED THEM MOST. 10511792 660000 28672083 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 113 0 1 88 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA NY CA FL WA AL AK CO HI KS KY ME MD MI MS NH NJ NC ND OH OK OR PA RI TN UT WV WI CT X IAN MAGEE CFO 6179128808 99 BEDFORD STREET 500 BOSTON MA 02111 VANESSA KIRSCH FOUNDER AND CO-CEO 45.00 X 420242 0 33454 TULAINE MONTGOMERY CO-CEO 45.00 X 426103 0 17440 DEBORAH SMOLOVER MANAGING PARTNER, ED OF AMERICA FORWARD 45.00 X 342260 0 32016 ELIZA GREENBERG MANAGING PARTNER 45.00 X 277788 0 25416 DOUGLAS BORCHARD MANAGING PARTNER, CHIEF OPERATING OFFICER 45.00 X 282915 0 7569 DERREK SHULMAN MANAGING PARTNER 45.00 X 241685 0 31771 IAN MAGEE MANAGING PARTNER, CHIEF FINANCIAL OFFICER 45.00 X 249376 0 17440 SHRUTI SEHRA MANAGING PARTNER 45.00 X 244129 0 17440 KEVIN GREER MANAGING PARTNER 45.00 X 215235 0 31761 SHAWN DOVE MANAGING PARTNER 45.00 X 220972 0 21258 JEFFREY WALKER CHAIRMAN 1.00 X X 0 0 0 STEVE BARNES DIRECTOR 1.00 X 0 0 0 JOSH BEKENSTEIN DIRECTOR 1.00 X 0 0 0 KERWIN CHARLES DIRECTOR 1.00 X 0 0 0 SAM COBBS DIRECTOR 1.00 X 0 0 0 ALISA DOCTOROFF DIRECTOR 1.00 X 0 0 0 DAVID GERGEN DIRECTOR 1.00 X 0 0 0 STACY JANIAK DIRECTOR 1.00 X 0 0 0 STEVE JENNINGS DIRECTOR 1.00 X 0 0 0 WENDY KOPP DIRECTOR 1.00 X 0 0 0 MATT LEVIN DIRECTOR 1.00 X 0 0 0 HENRY MCCANCE DIRECTOR 1.00 X 0 0 0 DUNCAN MCFARLAND DIRECTOR 1.00 X 0 0 0 VALERIE MOSLEY DIRECTOR 1.00 X 0 0 0 KRISTIN MUGFORD DIRECTOR 1.00 X 0 0 0 MARK NUNNELLY DIRECTOR 1.00 X 0 0 0 JOHN RICE DIRECTOR 1.00 X 0 0 0 BRIAN SPECTOR DIRECTOR 1.00 X 0 0 0 VENKAT SRINIVASAN DIRECTOR 1.00 X 0 0 0 DEBORAH QUAZZO DIRECTOR 1.00 X 0 0 0 JAMES PALLOTTA DIRECTOR (UNTIL 12/2022) 1.00 X 0 0 0 2920705 0 235565 38 0 1 0 VOLITION LLC 3 SOUTH BROOK ROAD LINCOLN MA 01771 PORTFOLIO AND STRATEGY CONSULTING 360000 MCPHERSON STRATEGIES LLC 190 STATE STREET 11A WASHINGTON DC 20008 COMMUNICATION STRATEGY & IMPLEMENTATION 327000 EVALUATION STRATEGY LLC 5019 RENO RD NW WASHINGTON DC 20008 EVALUATION AND PORTFOLIO SUPPORT 233750 NRG CONSULTING GROUP 62 CYPRESS STREET NEWTON MA 02459 TALENT RECRUITMENT 154673 JEFF NELSON 1135 MOREHEAD CT ANN ARBOR MI 48103 PORTFOLIO AND FUNDRAISING STRATEGY 151050 5 21717666 405181 21717666 NETWORKING EVENT FEES 900099 160125 160125 160125 278559 278559 22156350 160125 0 278559 X 12385000 12385000 1773763 668792 716319 388652 8124406 5353670 1424762 1345974 177979 115077 32760 30142 1460709 915328 297153 248228 701696 428970 150291 122435 27205 27205 47659 47659 200402 200402 5369243 4556128 576976 236139 114988 56506 33137 25345 1039991 540880 231733 267378 220721 121868 63885 34968 3137258 3066211 58217 12830 RECRUITING AND TALENT 641536 382195 169732 89609 MISCELLANEOUS 96353 33799 55938 6616 35518909 28672083 3838108 3008718 9748112 2807683 57385162 65653953 46004320 31771589 387520 242903 0 1620568 113525114 102096696 592953 1419576 0 1742660 592953 3162236 X 25357269 29479566 87574892 69454894 112932161 98934460 113525114 102096696 X -13362559 -635142 X X 0 1 X 1 0 X 27482118 46371399 20430328 77008557 21717666 193010068 27482118 46371399 20430328 77008557 21717666 193010068 42418466 150591602 272169 395367 101343 8686 278559 1056124 5751 5009 319 11079 194077271 1847545 0.77590 0.76990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1857 47659 49516 35469393 35518909 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 23667 44244 45313 47659 160883 250000 250000 250000 250000 1000000 1500000 1857 1857 0 LEASE LIABILITY 1742660 1742660 X 25138036 3616828 -635142 2981686 22156350 0 22156350 39135737 3616828 3616828 35518909 0 35518909 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, 2022. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND VARIOUS STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CANCELLED COMMITMENTS RECEIVABLE -1,000,000. PROVISION FOR UNCOLLECTIBLE COMMITMENTS 364,858. X X 1 JEFFREY NELSON 1135 MOREHEAD STREET ANN ARBOR MI 48103 CONSULTING ON FUNDRAISING STRATEGY 0 100000 62402 37598 DAVID LEVY 3 SOUTH BROOK ROAD LINCOLN MA 01773 CONSULTING ON FUNDRAISING STRATEGY AND TO ENGAGE PROSPECTS 0 0 138000 -138000 100000 200402 -100402 MA CA NY FL WA 1 40 SCHOOLS 612 ANDREW HIGGENS 3RD FLOOR NEW ORLEANS LA 70130 273474661 501(C)3 250000 0 PROGRAM EXPANSION ABOUT FRESH INC 69 SHIRLEY ST BOSTON MA 02119 462848535 501(C)3 100000 0 PROGRAM EXPANSION ADVANCE NATIVE POLITICAL LEADERSHIP EDUCATION FUND (THROUGH FISCAL SPONSOR 1012 TORNEY AVE SAN FRANCISCO CA 94129 943213100 501(C)3 100000 0 PROGRAM EXPANSION AFRICAN LEADERSHIP GROUP (THROUGH FISCAL SPONSOR COLORADO NONPROFIT DEVELOP 789 SHERMAN ST SUITE 250 DENVER CO 80203 841493585 501(C)3 100000 0 PROGRAM EXPANSION AMERICA ON TECH INC 25 BROADWAY 12TH FLOOR NEW YORK NY 10004 465336001 501(C)3 100000 0 PROGRAM EXPANSION AMERICAN IMPACT CAPITAL FOUNDATION INC 10 VIOLET LN WESTPORT CT 06880 831832513 501(C)3 125000 0 PROGRAM EXPANSION ARTS2WORK 1919 SOUTH SYRINGA RD SPOKANE WA 99203 133044606 501(C)3 20000 0 PROGRAM EXPANSION ASIAN GIRLS IGNITE (THROUGH THE FISCAL SPONSOR THE HADANOU COLLECTIVE) 3533 N MARION ST DENVER CO 80205 475606568 501(C)3 100000 0 PROGRAM EXPANSION ASIAN-AMERICAN WOMENS POLITICAL INITIATIVE 35 FAYWOOD AVE BOSTON MA 02128 371948314 501(C)3 100000 0 PROGRAM EXPANSION AVANCE INC 824 BROADWAY ST SUITE 204 SAN ANTONIO TX 78215 741769114 501(C)3 250000 0 PROGRAM EXPANSION BACKFIELD IN MOTION INC 920 WOODLAND ST NASHVILLE TN 37206 621826603 501(C)3 100000 0 PROGRAM EXPANSION BARR CENTER 5115 EXCELSIOR BLVD 476 ST LOUIS PARK MN 55416 825480444 501(C)3 250000 0 PROGRAM EXPANSION BELOVED COMMUNITY CENTER PO BOX 875 GREENSBORO NC 27402 561877250 501(C)3 250000 0 PROGRAM EXPANSION BEYOND12 EDUCATION 1625 CLAY ST OAKLAND CA 94612 271275246 501(C)3 250000 0 PROGRAM EXPANSION BLACK CULTURAL ZONE COMMUNITY DEVELOPMENT CORPORATION 8495 PARDEE DR 6006 OAKLAND CA 94621 843885205 501(C)3 100000 0 PROGRAM EXPANSION BLACK NASHVILLE ASSEMBLY 1620 12TH AVE NORTH NASHVILLE TN 37208 872184390 501(C)3 100000 0 PROGRAM EXPANSION BRAVA LEADERS LLC 3756 W AVENUE 40 SUITE K 302 LOS ANGELES CA 90065 870837799 501(C)3 125000 0 PROGRAM EXPANSION BRAVEN 171 NORTH ABERDEEN ST SUITE 400 CHICAGO IL 60607 464340594 501(C)3 250000 0 PROGRAM EXPANSION CALCULUS ROUNDTABLE (THROUGH FISCAL SPONSOR WEST CONTRA COSTA PUBLIC EDUCAT 1400 MARINA WAY S RICHMOND CA 94804 680005307 501(C)3 100000 0 PROGRAM EXPANSION CARA CHICAGO 237 S DESPLAINES ST CHICAGO IL 60661 364268095 501(C)3 250000 0 PROGRAM EXPANSION CENTRAL VALLEY SCHOLARS 710 VAN NESS 141 FRESNO CA 93721 841996995 501(C)3 100000 0 PROGRAM EXPANSION CENTRO COMMUNITY PARTNERS 825 WASHINGTON ST SUITE 228 OAKLAND CA 94607 452992960 501(C)3 20000 0 PROGRAM EXPANSION CITIZEN UNIVERSITY 300 LENORA ST PMB 1391 SEATTLE WA 98121 464270721 501(C)3 125000 0 PROGRAM EXPANSION CODEPATHORG 5214F DIAMOND HITS BLVD UNIT 1154 SAN FRANCISCO CA 94131 815338932 501(C)3 250000 0 PROGRAM EXPANSION COLLABORATIVE FOR ACADEMIC SOCIAL AND EMOTIONAL LEARNING 815 WEST VAN BUREN ST SUITE 210 CHICAGO IL 60607 205884201 501(C)3 250000 0 PROGRAM EXPANSION CONVIVIR COLORADO 3264 LARIMER ST UNIT D DENVER CO 80205 851163753 501(C)3 100000 0 PROGRAM EXPANSION ENGLISH LEARNERS SUCCESS FORUM 2105 VISTA OESTE ST NW SUITE E-1618 ALBUQUERQUE NM 87120 881543559 501(C)3 250000 0 PROGRAM EXPANSION ENVISON EDUCATION 111 MYRTLE ST SUITE 202 OAKLAND CA 94607 943394659 501(C)3 250000 0 PROGRAM EXPANSION EQUAL OPPORTUNITY SCHOOLS 5601 6TH AVES 258 SEATTLE WA 98108 371609659 501(C)3 250000 0 PROGRAM EXPANSION EVER FORWARD (THROUGH FISCAL SPONSOR YOUTH PASSAGEWAYS) 1714 FRANKLIN ST 100-337 OAKLAND CA 94612 474750095 501(C)3 100000 0 PROGRAM EXPANSION FUND FOR GUARANTEED INCOME 2040 MARIPOSA AVE EL SEQUNDO CA 90245 861909049 501(C)3 100000 0 PROGRAM EXPANSION GIRLS LEADERSHIP INSTITUTE INC 1675 7TH ST 24423 OAKLAND CA 94615 331207431 501(C)3 250000 0 PROGRAM EXPANSION HEALTH TECH FOR MEDICAID 5627 TELEGRAPH AVE SUITE 222 OAKLAND CA 94609 852492511 501(C)3 100000 0 PROGRAM EXPANSION HEART & HAND CENTER 2736 WELSON ST 204 DENVER CO 80205 454251869 501(C)3 100000 0 PROGRAM EXPANSION HOMIES EMPOWERMENT (THROUGH FISCAL SPONSOR SOCIAL GOOD FUND) 12651 SAN PABLO AVE UNIT 5473 RICHMOND CA 94805 461323531 501(C)3 100000 0 PROGRAM EXPANSION ILLINOIS CONTRACEPTIVE ACCESS NOW (THROUGH FISCAL SPONSOR ALLIANCECHICAGO) 225 W ILLINOIS ST SUITE 500 CHICAGO IL 60654 815434098 501(C)3 100000 0 PROGRAM EXPANSION INNER CITY COMPUTER STARS FOUNDATION 415 N DEARBORN SUITE 300 CHICAGO IL 60654 364253411 501(C)3 250000 0 PROGRAM EXPANSION INSTRUCTION PARTNERS 604 GALLATIN AVE STE 202 NASHVILLE TN 37206 475380182 501(C)3 250000 0 PROGRAM EXPANSION ISSUE ONE 1401 K ST NW SUITE 350 WASHINGTON DC 20005 320384285 501(C)3 125000 0 PROGRAM EXPANSION JOY AS RESISTANCE 7779 MARTIN LUTHER KING JR BLVD DENVER CO 80238 845152470 501(C)3 100000 0 PROGRAM EXPANSION JUNTOS TO COLLEGE (THROUGH FISCAL SPONSOR COLORADO NONPROFIT DEVELOPMENT CE 789 SHERMAN ST SUITE 250 DENVER CO 80203 841493585 501(C)3 100000 0 PROGRAM EXPANSION KIDS FIRST CHICAGO FOR EDUCATION 21 S CLARK ST SUITE 4301 CHICAGO IL 60603 830399727 501(C)3 250000 0 PROGRAM EXPANSION KINGMAKERS OF OAKLAND 745 ARIMO AVE OAKLAND CA 94610 384105767 501(C)3 250000 0 PROGRAM EXPANSION LEGACY MISSION VILLAGE PO BOX 2984 BRENTWOOD TN 37024 900672177 501(C)3 100000 0 PROGRAM EXPANSION LIVE AGAIN FRESNO 161 N VAN NESS FRESNO CA 93701 464075241 501(C)3 100000 0 PROGRAM EXPANSION MARCY LAB INC 829 JEFFERSON AVE 1R BROOKLYN NY 11221 833754699 501(C)3 100000 0 PROGRAM EXPANSION MENTORING IN MEDICINE & SCIENCE 8393 CAPWELL DR SUITE 200 OAKLAND CA 94621 273263074 501(C)3 100000 0 PROGRAM EXPANSION MOVES AND GROOVES 2275 MURFREESBORO PIKE SUITE 101 NASHVILLE TN 37217 680516440 501(C)3 100000 0 PROGRAM EXPANSION MUSLIM YOUTH FOR POSITIVE IMPACT 1880 GOLDEN EAGLE CT BROOMFIELD CO 80020 830998674 501(C)3 100000 0 PROGRAM EXPANSION NAEVA (FKA NAVA EDUCATION PROJECT) PO BOX 35698 ALBUQUERQUE NM 87176 271866733 501(C)3 100000 0 PROGRAM EXPANSION NARRATIVE NATION INC 82-155 COUNTRY POINTE CIRCLE QUEENS VILLAGE NY 11427 823760872 501(C)3 100000 0 PROGRAM EXPANSION NATIONAL PARENTS UNION INC 7 MARION AVE WOBURN MA 01801 834333274 501(C)3 25000 0 PROGRAM EXPANSION OPPORTUNITY WORK INC 1100 CONNECTICUT AVE NW SUITE 430 WASHINGTON DC 20036 813214432 501(C)3 100000 0 PROGRAM EXPANSION ORANGE COUNTY COMMUNITIES ORGANIZED FOR RESPONSIBLE DEVELOPMENT 1505 17TH ST SUITE 122 SANTA ANA CA 92705 432092827 501(C)3 100000 0 PROGRAM EXPANSION PARENT TEACHER HOME VISITS PO BOX 189084 SACRAMENTO CA 95818 510477445 501(C)3 100000 0 PROGRAM EXPANSION PARITY BALTIMORE INCORPORATED 1014 W 36TH ST UNIT 96 BALTIMORE MD 21211 850771143 501(C)3 100000 0 PROGRAM EXPANSION PAVE INC 1805 7TH ST NW SIXTH FLOOR WASHINGTON DC 20001 812330119 501(C)3 25000 0 PROGRAM EXPANSION PIVOT 1300 CLAY ST SUITE 600 OAKLAND CA 94612 943227655 501(C)3 250000 0 PROGRAM EXPANSION PROJECT BASTA 1712 DEAN ST BROOKLYN NY 11213 815268868 501(C)3 250000 0 PROGRAM EXPANSION PROSPERA COMMUNITY DEVELOPMENT 1072 60TH ST 3 OAKLAND CA 94608 770373186 501(C)3 100000 0 PROGRAM EXPANSION REINVENT STOCKTON FOUNDATION 110 N SAN JOAQUIN ST STOCKTON CA 95202 821005719 501(C)3 100000 0 PROGRAM EXPANSION RURAL OPPORTUNITY INSTITUTE (THROUGH FISCAL SPONSOR HEALTH EDUCATION FOUNDA PO BOX 7368 ROCKY MOUNT NC 27804 237338802 501(C)3 100000 0 PROGRAM EXPANSION SAGA EDUCATION 10 LAUDHOLD RD NEWTON MA 02458 472168942 501(C)3 250000 0 PROGRAM EXPANSION SCD ENRICHMENT PROGRAM 4860 CHAMBERS RD 102 DENVER CO 80239 831362590 501(C)3 100000 0 PROGRAM EXPANSION SCHOOLSEED FOUNDATION 2670 UNION AVE EXT 1123 MEMPHIS TN 38112 264477567 501(C)3 100000 0 PROGRAM EXPANSION SEMBRANDO SENTIDO INC 128 MARGINAL SUR AVE ROOSEVELT SAN JUAN PR 00917 660919539 501(C)3 100000 0 PROGRAM EXPANSION SPRINGBOARD COLLABORATIVE 2 PENN CENTER STE 1315 1500 JFK BLVD PHILADELPHIA PA 19102 453719806 501(C)3 250000 0 PROGRAM EXPANSION STREET MINISTRIES 430 VANCE AVE MEMPHIS TN 38126 621763815 501(C)3 100000 0 PROGRAM EXPANSION TALKINGPOINTS 2021 FILLMORE ST 2124 SAN FRANCISCO CA 94115 474616102 501(C)3 250000 0 PROGRAM EXPANSION TELPOCHCALLI COMMUNITY EDUCATION PROJECT 2832 W 24TH BLVD CHICAGO IL 60623 710961074 501(C)3 100000 0 PROGRAM EXPANSION THE BLACK TEACHER COLLABORATIVE 2170 BOULEVARD GRANADA SW ATLANTA GA 30311 815155921 501(C)3 250000 0 PROGRAM EXPANSION THE COLLECTIVE BLUEPRINT PO BOX 40476 MEMPHIS TN 38174 823372081 501(C)3 100000 0 PROGRAM EXPANSION THE FIND DESIGN 2787 SMITH SPRINGS RD NASHVILLE TN 37217 472471327 501(C)3 200000 0 PROGRAM EXPANSION THE FARMLINK PROJECT 442 5TH AVE 1814 NEW YORK NY 10018 851398171 501(C)3 100000 0 PROGRAM EXPANSION THE GENTLEMEN'S LEAGUE 656 FLORIDA ST 301 MEMPHIS TN 38103 821791721 501(C)3 100000 0 PROGRAM EXPANSION THE HIGHLAND PROJECT INC 71 WEST 85TH ST APT 1A NEW YORK NY 10024 854241927 501(C)3 100000 0 PROGRAM EXPANSION THE KNOWLEDGE HOUSE FELLOWSHIP INC 363 RIDER AVE 3RD FLOOR BRONX NY 10451 472747713 501(C)3 250000 0 PROGRAM EXPANSION THE LAST MILE 44 TEHAMA ST SAN FRANCISCO CA 94105 462899930 501(C)3 20000 0 PROGRAM EXPANSION THINK OF US 88 PINE ST NEW YORK NY 10005 821157215 501(C)3 250000 0 PROGRAM EXPANSION URBAN ALLIANCE 2030 Q ST NW WASHINGTON DC 20009 521938443 501(C)3 250000 0 PROGRAM EXPANSION VOCAL JUSTICE (THROUGH FISCAL SPONSOR SOCIAL GOOD FUND) 12651 SAN PABLO AVE UNIT 5473 RICHMOND CA 94805 461323531 501(C)3 100000 0 PROGRAM EXPANSION VOT-ER 2045 W GRAND AVE SUITE B 31638 CHICAGO IL 60612 862040929 501(C)3 100000 0 PROGRAM EXPANSION WALKER'S LEGACY FOUNDATION (THROUGH FISCAL SPONSOR WASHINGTON GRANTMAKERS 1100 NEW JERSEY AVE SE SUITE 710 WASHINGTON DC 20003 521756853 501(C)3 100000 0 PROGRAM EXPANSION WASHINGTON HOUSING CONSERVANCY INC 1310 L ST NW SUITE 325 WASHINGTON DC 20005 831866109 501(C)3 100000 0 PROGRAM EXPANSION ZEARN 261 W 35TH ST 15 FL NEW YORK NY 10001 371665745 501(C)3 500000 0 PROGRAM EXPANSION 85 0 PART I, LINE 2: "NEW PROFIT'S PORTFOLIO INVESTING MODEL PROVIDES FINANCIAL AND STRATEGIC RESOURCES TO RESULTS-DRIVEN ORGANIZATIONS. NEW PROFIT PROVIDES A PORTFOLIO MANAGER TO EACH ORGANIZATION OR COHORT OF ORGANIZATIONS WHO WORKS CLOSELY WITH THE ORGANIZATION'S LEADERSHIP TO PROVIDE SUPPORT IN A VARIETY OF AREAS, INCLUDING IMPACT INNOVATION, LEADERSHIP AND GOVERNANCE, ORGANIZATIONAL STRATEGY, PERFORMANCE MEASUREMENT, AND MANAGEMENT AS INDICATED IN PART III OF THE FORM 990. APORTFOLIO MANAGER ALSO HOLDS A SEAT ON THE ORGANIZATION'S BOARD OF DIRECTORS THROUGHOUT THE TERM OF NEW PROFIT'S BUILD INVESTMENT IN THE ORGANIZATION." X X X 0 0 0 0 0 0 0 0 0 VANESSA KIRSCH FOUNDER AND CO-CEO 355242 0 65000 0 0 0 6000 0 27454 0 453696 0 0 0 TULAINE MONTGOMERY CO-CEO 361103 0 65000 0 0 0 6000 0 11440 0 443543 0 0 0 DEBORAH SMOLOVER MANAGING PARTNER, ED OF AMERICA FORW 342260 0 0 0 0 0 6000 0 26016 0 374276 0 0 0 ELIZA GREENBERG MANAGING PARTNER 277788 0 0 0 0 0 0 0 25416 0 303204 0 0 0 DOUGLAS BORCHARD MANAGING PARTNER, CHIEF OPERATING OF 282915 0 0 0 0 0 6000 0 1569 0 290484 0 0 0 DERREK SHULMAN MANAGING PARTNER 223927 0 17758 0 0 0 6000 0 25771 0 273456 0 0 0 IAN MAGEE MANAGING PARTNER, CHIEF FINANCIAL OF 249376 0 0 0 0 0 6000 0 11440 0 266816 0 0 0 SHRUTI SEHRA MANAGING PARTNER 244129 0 0 0 0 0 6000 0 11440 0 261569 0 0 0 KEVIN GREER MANAGING PARTNER 215235 0 0 0 0 0 6000 0 25761 0 246996 0 0 0 SHAWN DOVE MANAGING PARTNER 220972 0 0 0 0 0 0 0 21258 0 242230 0 0 0 X 1516 405181 FAIR MARKET VALUE 0 0 0 FORM 990, PART III, LINE 1, MISSION STATEMENT: NEW PROFIT IS A VENTURE PHILANTHROPY ORGANIZATION THAT BACKS SOCIAL ENTREPRENEURS WHO ARE ADVANCING EQUITY AND OPPORTUNITY IN AMERICA. NEW PROFIT EXISTS TO BUILD A BRIDGE BETWEEN THESE LEADERS AND A COMMUNITY OF PHILANTHROPISTS WHO ARE COMMITTED TO CATALYZING THEIR IMPACT. NEW PROFIT PROVIDES UNRESTRICTED GRANTS AND STRATEGIC SUPPORT TO A PORTFOLIO OF ORGANIZATIONS LED BY VISIONARY SOCIAL ENTREPRENEURS TO INCREASE THEIR IMPACT, SCALE, AND SUSTAINABILITY. IT ALSO PARTNERS WITH SOCIAL ENTREPRENEURS AND OTHER CROSS-SECTOR LEADERS TO SHIFT HOW GOVERNMENT AND PHILANTHROPY PURSUE SOCIAL CHANGE TO ENSURE THAT ALL PEOPLE CAN THRIVE. SINCE ITS FOUNDING IN 1998, NEW PROFIT HAS INVESTED OVER $350M IN 200+ ORGANIZATIONS AND, THROUGH THE AMERICA FORWARD COALITION'S COLLECTIVE ADVOCACY EFFORTS, HAS UNLOCKED OVER $1.9B IN GOVERNMENT FUNDING FOR SOCIAL INNOVATION. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: PORTFOLIO INVESTING - BUILD WE STAND SHOULDER-TO-SHOULDER WITH SOCIAL ENTREPRENEURS IN SUPPORT OF THEIR VISION, WITH A SPECIFIC FOCUS ON HELPING THEM BUILD THE CAPACITY OF THEIR ORGANIZATIONS, WHICH IS KEY TO STRENGTHENING THEIR LONG-TERM IMPACT AND SUSTAINABILITY. WE ARE COMMITTED TO BACKING SOCIAL ENTREPRENEURS WHO CENTER EQUITY IN THEIR WORK AND WHO ARE PROXIMATE TO THE COMMUNITIES WE COLLECTIVELY AIM TO SERVE. PROXIMATE LEADERS BRING SKILLS, INSIGHTS, RELATIONSHIPS, AND EXPERTISE THAT OUR SOCIETY NEEDS TO ADVANCE EQUITABLE WELLBEING. OUR BIGGEST SOCIETAL CHALLENGES ARE COMPLEX AND INTERCONNECTED, SO WE BELIEVE PROGRESS DEPENDS ON INVESTING IN A BROAD RANGE OF ISSUE AREAS. WE PROVIDE TWO LEVELS OF FUNDING AND STRATEGIC SUPPORT TO ORGANIZATIONS IN OUR PORTFOLIO: "BUILD INVESTMENTS AND "CATALYZE INVESTMENTS." THROUGH OUR BUILD INVESTMENTS, WE PROVIDE GRANTEE-PARTNERS A $1M+ MULTI-YEAR, UNRESTRICTED GRANT AND DEEP ADVISORY SUPPORT. A DEDICATED NEW PROFIT DEAL PARTNER SERVES AS A TRUSTED ADVISOR TO THE SOCIAL ENTREPRENEUR AND AS A MEMBER OF THE ORGANIZATION'S BOARD OF DIRECTORS. OUR SUPPORT IS GEARED TOWARDS BUILDING THE LEADERSHIP CAPACITY OF SOCIAL ENTREPRENEURS AND THEIR ABILITY TO MAKE STRATEGIC CHOICES AS THEY NAVIGATE CHANGE AND GROWTH. OUR GRANTEE-PARTNERS ARE DRIVING IMPACT IN EDUCATION, HEALTH, ECONOMIC MOBILITY, CRIMINAL JUSTICE, AND CIVIC ENGAGEMENT. FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS: PORTFOLIO INVESTING - CATALYZE WE STAND SHOULDER-TO-SHOULDER WITH SOCIAL ENTREPRENEURS IN SUPPORT OF THEIR VISION, WITH A SPECIFIC FOCUS ON HELPING THEM BUILD THE CAPACITY OF THEIR ORGANIZATIONS, WHICH IS KEY TO STRENGTHENING THEIR LONG-TERM IMPACT AND SUSTAINABILITY. WE ARE COMMITTED TO BACKING SOCIAL ENTREPRENEURS WHO CENTER EQUITY IN THEIR WORK AND WHO ARE PROXIMATE TO THE COMMUNITIES WE COLLECTIVELY AIM TO SERVE. PROXIMATE LEADERS BRING SKILLS, INSIGHTS, RELATIONSHIPS, AND EXPERTISE THAT OUR SOCIETY NEEDS TO ADVANCE EQUITABLE WELLBEING. OUR BIGGEST SOCIETAL CHALLENGES ARE COMPLEX AND INTERCONNECTED, SO WE BELIEVE PROGRESS DEPENDS ON INVESTING IN A BROAD RANGE OF ISSUE AREAS. WE PROVIDE TWO LEVELS OF FUNDING AND STRATEGIC SUPPORT TO ORGANIZATIONS IN OUR PORTFOLIO: "BUILD INVESTMENTS AND "CATALYZE INVESTMENTS." THOUGH OUR CATALYZE INVESTMENTS, WE PROVIDE $100K-$200K UNRESTRICTED GRANTS, STRATEGIC ADVICE, AND A PEER LEARNING COMMUNITY OVER ONE TO TWO YEARS TO CATALYZE THE INNOVATIONS OF ORGANIZATIONS WITH LEADERS AND FOCUS AREAS THAT HAVE BEEN HISTORICALLY UNDERINVESTED IN BY PHILANTHROPY. OUR COHORT MODEL ENABLES THE SOCIAL ENTREPRENEURS TO FORM A PEER LEARNING COMMUNITY, WHICH OFFERS AN OPPORTUNITY FOR THEM TO CONNECT, GIVE ADVICE AND SUPPORT TO EACH OTHER, AND PARTICIPATE IN A SERIES OF IN-PERSON AND VIRTUAL CONVENINGS STRUCTURED AROUND TACKLING KEY LEADERSHIP AND ORGANIZATIONAL CHALLENGES THEY FACE IN ORDER TO DEEPEN THEIR IMPACT AND SCALE THEIR MODELS. OUR GRANTEE-PARTNERS ARE DRIVING IMPACT IN EDUCATION, HEALTH, ECONOMIC MOBILITY, CRIMINAL JUSTICE, AND CIVIC ENGAGEMENT. FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS: PORTFOLIO INVESTING - PORTFOLIO PERFORMANCE & SUPPORT NEW PROFIT ASSUMES A VARIETY OF ROLES INCLUDING WITH GRANTEE-PARTNERS INCLUDING ADVISOR, COACH, AND BOARD MEMBER IN ORDER TO PROVIDE STRATEGIC GUIDANCE GEARED TOWARDS BUILDING ORGANIZATIONS' KEY CAPABILITIES. WE BELIEVE THAT INCREASES IN THESE CAPABILITIES - INCLUDING LEADERSHIP, IMPACT MODEL, STRATEGIC MANAGEMENT AND PLANNING, AND ECONOMIC MODEL - ARE THE NECESSARY FOUNDATION FOR IMPACT, SCALE, AND REACH AND SUSTAINABILITY, IN THE LONG-TERM. THROUGHOUT THE INVESTMENT PERIOD, NEW PROFIT ALSO INVITES GRANTEE-PARTNERS AND ALUMNI TO TAKE PART IN CONVENINGS THAT BRING TOGETHER PEER ORGANIZATIONS, FIELD EXPERTS, AND PHILANTHROPIC PLAYERS FROM ACROSS OUR NATIONAL NETWORK. FORM 990, PART VI, SECTION B, LINE 11B CERTAIN EMPLOYEES OF THE ORGANIZATION REVIEW THE FORM 990 PRIOR TO THE FILING. IN ADDITION, THE FULL FORM 990 WAS REVIEWED BY NEW PROFIT'S FINANCE COMMITTEE BEFORE BEING FILED WITH THE IRS. A FULL COPY OF THE 990 WAS EMAILED TO THE ENTIRE BOARD PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE NEW PROFIT BOARD OF DIRECTORS ADOPTED A CONFLICT OF INTEREST POLICY IN 2005 AND REVISED THE DOCUMENT DURING 2009 AND 2011. ALL NEW DIRECTORS ARE GIVEN A COPY OF THE POLICY WHEN THEY ARE VOTED ONTO THE BOARD. ALL BOARD MEMBERS ARE ALSO REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS AND PROVIDE ANNUAL CONFLICT OF INTEREST SIGNOFFS IN THE FOURTH QUARTER OF THE YEAR. ADDITIONALLY, WHEN DIRECTORS HAVE DIRECT RELATIONSHIPS WITH CURRENT PORTFOLIO ORGANIZATIONS OR PIPELINE ORGANIZATIONS (E.G. THEY SERVE ON THE BOARD OF AN ORGANIZATION), DIRECTORS ARE ASKED TO RECUSE THEMSELVES FROM VOTING WHEN DECISIONS REGARDING THESE ORGANIZATIONS ARE MADE BY THE BOARD OF DIRECTORS. WHEN COMPENSATION OF MANAGEMENT IS DISCUSSED AND DECIDED BY THE BOARD, DIRECTORS WITH DIRECT RELATIONSHIPS WITH INDIVIDUALS ON THE MANAGEMENT TEAM ARE ASKED TO RECUSE THEMSELVES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR CERTAIN MEMBERS OF NEW PROFIT'S EXECUTIVE TEAM (CO-CEOS VANESSA KIRSCH AND TULAINE MONTGOMERY, COO DOUG BORCHARD, AND MANAGING PARTNER [KEY EMPLOYEE] ELIZA GREENBERG) 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 WITH COMPARABLE ORGANIZATIONS, AN ASSESSMENT OF NEW PROFIT'S PERFORMANCE AGAINST GOALS FOR THE PREVIOUS FISCAL YEAR, AND PERFORMANCE ASSESSMENTS FOR EACH APPROPRIATE MEMBER OF THE EXECUTIVE TEAM, INCLUDING A SELF-ASSESSMENT. MANAGEMENT MEETS WITH THE COMPENSATION COMMITTEE TO DISCUSS THE MATERIAL PROVIDED. THE COMPENSATION COMMITTEE THEN MEETS INDEPENDENTLY TO DETERMINE COMPENSATION. COMPENSATION FOR THE CFO IS DETERMINED BY MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE PROVIDED UPON REQUEST AND IN ACCORDANCE WITH APPLICABLE STATES AND FEDERAL LAWS. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 4,556,128. MANAGEMENT AND GENERAL EXPENSES 576,976. FUNDRAISING EXPENSES 236,139. TOTAL EXPENSES 5,369,243. FORM 990, PART XI, LINE 9: CANCELLED COMMITMENTS RECEIVABLE -1,000,000. PROVISION FOR UNCOLLECTIBLE COMMITMENTS 364,858. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.