2025-11-17T22:42:28-05:00 2024-12-31 SOZO CONSULTING 121 RUGOSA DR FOLSOM CA 95630 990 2024-01-01 352823500 NEW MEDIA VENTURES NEWM 5108661006 2108 N ST STE 4791 SACRAMENTO CA 95816 CARLISSIA GRAHAM PRESIDENT & BOARD 5108661006 2025-11-14 true false JOSHUA M CANTWELL P01498460 6509067272 2025-11-17 X 2024 2025-03-06 01:10:19Z JOHN SCHWARTZ 2108 N STREET STE 4791 SACRAMENTO CA 95816 1401790 false X HTTPS://NEWMEDIAVENTURES.ORG X 2023 CA WE BELIEVE THAT BY CHANGING WHERE CAPITAL IS INVESTED, WE CAN SHIFT THE STRUCTURES OF POWER TO BENEFIT MORE PEOPLE. 9 8 5 0 1105000 1401790 0 0 0 1105000 1401790 385000 0 828167 0 272631 4970 942071 4970 2155238 1100030 -753448 1105000 356788 6074 11310 1098926 345478 X WE BELIEVE THAT BY CHANGING WHERE CAPITAL IS INVESTED, WE CAN SHIFT THE STRUCTURES OF POWER TO BENEFIT MORE PEOPLE. false false 1718098 385000 THEME OF 2024: ADVANCING DEMOCRACY, AMPLIFYING VOICES 2024 WAS A DEFINING YEAR FOR NEW MEDIA VENTURES. IN A MOMENT OF POLITICAL NOISE AND SOCIAL UNCERTAINTY, OUR TEAM NOT ONLY MET THE MOMENT, WE SHAPED IT. WE KICKED OFF THE YEAR WITH AMBITIOUS GOALS, AND BY DECEMBER, NMV HAD DELIVERED ON NEARLY EVERY ONE OF THEM, CHANNELING OUR DEEP BELIEF THAT SOCIAL POWER PLUS POLITICAL POWER EQUALS PEOPLE POWER. THE TENTH NMV SUMMIT WAS OUR BIGGEST PRODUCTION YET: THREE DAYS OF INNOVATION, ENERGY, AND CONNECTION AMONG FOUNDERS, FUNDERS, AND CHANGEMAKERS. WE LAUNCHED THE FIRST-EVER LATINE VOICES FOR DEMOCRACY (LV4D) ACCELERATOR, SUPPORTING TEN LATINE-LED MEDIA ORGANIZATIONS IN SIX CRITICAL STATES TO COMBAT MIS- AND DISINFORMATION WHILE EXPANDING CIVIC ENGAGEMENT. PARTICIPANTS RECEIVED FUNDING, HANDS-ON COACHING, AND TRANSFORMATIVE PARTNERSHIPS WITH NMV PORTFOLIO COMPANIES LIKE INDIEGRAF AND LEGITIMATE. THE OUTCOMES EXPANDED REACH, NEW VOTER GUIDES, STRENGTHENED NEWSROOM CAPACITY, AND REVITALIZED DIGITAL PLATFORMS. THIS ALSO UNDERSCORED THE POWER OF RESOURCING LOCAL, COMMUNITY-ROOTED MEDIA LEADERS. THROUGHOUT THE YEAR, OUR ENTREPRENEURS-IN-RESIDENCE KEPT CONNECTION AT THE HEART OF OUR PORTFOLIO STRATEGY. THEY REIGNITED FOUNDER ENGAGEMENT AND DELIVERED TEN ORIGINAL WEBINARS TACKLING EVERYTHING FROM EQUITY CROWDFUNDING TO FOUNDER WELLNESS, ENSURING OUR PORTFOLIO REMAINED RESILIENT THROUGH AN ELECTION YEAR. NMV SURPASSED OUR LONG-TERM GOAL OF REACHING 150 INVESTMENTS AHEAD OF OUR 15TH ANNIVERSARY, WITH 157 FOUNDERS NOW PART OF OUR GROWING MOVEMENT ECOSYSTEM. IN A YEAR DEFINED BY TRANSITION, NMV REMAINED A CONSTANTA FORCE CHAMPIONING DEMOCRACY, EQUITY, AND THE FUTURE OF MEDIA INNOVATION. 1718098 false true false false false false false false false false false false false false false false false false false false false false false false false false true false true false false false false false false false false false false false false false false false false true 18 0 5 true false false false false true true false false false X 9 8 false false false false false false false true true false false true true true true true true true true true true CA X PHILLIP SANDERS 5108661006 2108 N STREET STE 4791 SACRAMENTO CA 95816 CARLISSIA GRAHAM PRESIDENT & 40.00 X X 234911 0 14874 JESSICA SALINAS CHIEF INVEST 40.00 X 199911 0 13099 PHILLIP SANDERS PARTNER 40.00 X 162411 0 12471 DAAIYAH BILAL-THREATS VICE PRES. & 1.00 X X 0 0 0 CHERYL CONTEE SECRETARY& B 1.00 X X 0 0 0 NILE JOHNSON BOARD 1.00 X 0 0 0 DAWN LAGUENS BOARD 1.00 X 0 0 0 JOHN SCHWARTZ CHAIRMAN & B 1.00 X X 0 0 0 SANDOR STRAUS TREASURER AN 1.00 X X 0 0 0 EDDY MORALES BOARD 1.00 X 0 0 0 ROSS MORALES ROCKETTO BOARD 1.00 X 0 0 0 597233 40444 3 false true false 1401790 1401790 1401790 X 385000 385000 637677 375116 95719 166842 88521 35409 22130 30982 18093 10132 3076 4885 32228 18048 5478 8702 51648 28923 8780 13945 16322 9140 2775 4407 590563 588074 962 1527 12679 7100 2155 3424 39847 39290 215 342 163700 127765 13614 22321 97036 80998 6197 9841 14523 8133 2469 3921 SUPPLIES 3494 1957 594 943 SUPPLIES - SUMMIT CONFERE 1875 1875 GIFTS GIVEN 1236 692 210 334 BANK & OTHER SERVICE CHRG 796 446 135 215 2155238 1718098 164509 272631 1102465 286047 60000 2535 10741 1105000 356788 6074 11310 6074 11310 X 1098926 263473 82005 1098926 345478 1105000 356788 X -753448 X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true PALABRA BY NAHJ ASSOCIATION 1053 E WHITAKER RD STE 115 RALEIGH NC 27604 463985228 3 50000 CHARITABLE ENLACE LATINO NC INC 1113 KINGMAN DRIVE KNIGHTDALE NC 27545 872137153 3 50000 CHARITABLE ARIZONA LUMINARIA PO BOX 1335 TUCSON AZ 85702 872217945 3 50000 CHARITABLE HOLA CAROLINA 19 EAGLE STREET STE 120 ASHVILLE NC 28801 822943079 3 50000 CHARITABLE DECELERATION 615 E HOUSTON NO 1794 SAN ANTONIO TX 78296 861931064 3 50000 CHARITABLE FACTCHEQUEADO 5150 FAIR OAKS BLDV STE 101-337 CARMICHAEL CA 95608 992721500 3 50000 CHARITABLE TEXAS SIGNAL MEDIA FOUNDATION 114 N MAIN STREET CONCORD NH 03301 822861559 3 50000 CHARITABLE DIRTROAD ORGANIZING 76 MORANG COVE ROAD NOBLEBORO ME 04555 874406692 4 25000 CHARITABLE MICHAEL LATT LEGACY FUND 915 WILLSHIRE BLVD STE 700 LOS ANGELES CA 90017 510181191 3 10000 CHARITABLE X X X X false false false false false false false false false CARLISSIA GRAHAM PRESIDENT & BOARD 234911 6578 8296 249785 JESSICA SALINAS CHIEF INVESTMENT OFF 199911 5294 7805 213010 PHILLIP SANDERS PARTNER 162411 4473 7998 174882 FORM 990, PAGE 2, PART III, LINE 4A THEME OF 2024: ADVANCING DEMOCRACY, AMPLIFYING VOICES 2024 WAS A DEFINING YEAR FOR NEW MEDIA VENTURES. IN A MOMENT OF POLITICAL NOISE AND SOCIAL UNCERTAINTY, OUR TEAM NOT ONLY MET THE MOMENT, WE SHAPED IT. WE KICKED OFF THE YEAR WITH AMBITIOUS GOALS, AND BY DECEMBER, NMV HAD DELIVERED ON NEARLY EVERY ONE OF THEM, CHANNELING OUR DEEP BELIEF THAT SOCIAL POWER PLUS POLITICAL POWER EQUALS PEOPLE POWER. THE TENTH NMV SUMMIT WAS OUR BIGGEST PRODUCTION YET: THREE DAYS OF INNOVATION, ENERGY, AND CONNECTION AMONG FOUNDERS, FUNDERS, AND CHANGEMAKERS. WE LAUNCHED THE FIRST-EVER LATINE VOICES FOR DEMOCRACY (LV4D) ACCELERATOR, SUPPORTING TEN LATINE-LED MEDIA ORGANIZATIONS IN SIX CRITICAL STATES TO COMBAT MIS- AND DISINFORMATION WHILE EXPANDING CIVIC ENGAGEMENT. PARTICIPANTS RECEIVED FUNDING, HANDS-ON COACHING, AND TRANSFORMATIVE PARTNERSHIPS WITH NMV PORTFOLIO COMPANIES LIKE INDIEGRAF AND LEGITIMATE. THE OUTCOMES EXPANDED REACH, NEW VOTER GUIDES, STRENGTHENED NEWSROOM CAPACITY, AND REVITALIZED DIGITAL PLATFORMS. THIS ALSO UNDERSCORED THE POWER OF RESOURCING LOCAL, COMMUNITY-ROOTED MEDIA LEADERS. THROUGHOUT THE YEAR, OUR ENTREPRENEURS-IN-RESIDENCE KEPT CONNECTION AT THE HEART OF OUR PORTFOLIO STRATEGY. THEY REIGNITED FOUNDER ENGAGEMENT AND DELIVERED TEN ORIGINAL WEBINARS TACKLING EVERYTHING FROM EQUITY CROWDFUNDING TO FOUNDER WELLNESS, ENSURING OUR PORTFOLIO REMAINED RESILIENT THROUGH AN ELECTION YEAR. NMV SURPASSED OUR LONG-TERM GOAL OF REACHING 150 INVESTMENTS AHEAD OF OUR 15TH ANNIVERSARY, WITH 157 FOUNDERS NOW PART OF OUR GROWING MOVEMENT ECOSYSTEM. IN A YEAR DEFINED BY TRANSITION, NMV REMAINED A CONSTANTA FORCE CHAMPIONING DEMOCRACY, EQUITY, AND THE FUTURE OF MEDIA INNOVATION. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD HAS THE RESPONSIBILITY FOR REVIEWING THE ORGANIATION'S FORM 990 (INCLUDING ALL PERTINENT SCHEDULES) BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. A DRAFT OF THE FORM 990 IS READY FOR REVIEW BY THE BOARD PRIOR TO THE FILING DEADLINE. AFTER THE DRAFT OF THE FORM 990 HAS BEEN OBTAINED BY THE BOARD, THEY WILL HAV TIME TO COMPLETE THEIR REVIEW. IN CONDUCTING THEIR REVIEW OF THE DRAFT OF THE FORM 990, THE BOARD CONDUCTS A TOP-LEVEL OR BIG-PICTURE TYPE OF REVIEW. HOWEVER, IF THE BOARD DEEMS IT NECESSARY TO CONDUCT A MORE DETAILED REVIEW OF THE FORM 990, THEN THEY CONTACT THE PREPARER OF THE FORM 990 TO REQUESET COPIES OF THE RELEVANT DETAILED TAX RETURN WORKPAPERS WHICH THEY WOULD LIKE TO SEE. ONCE THE BOARD HAS COMPLETED ITS INITIAL REVIEW OF THE FORM 990, A MEETING OR CONFERENCE CALL MAY BE SCHEDULED WITH THE PREPARER OF THE FORM 990 TO DISCUSS ANY QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS IDENTIFIED BY THE BOARD. THE PREPARER OF THE FORM 990 MAKES ANY REVISIONS TO THE FORM 990 AS SOON AS FEASIBLY POSSIBLE TO ENSURE THAT THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE ON A TIMELY BASIS. ALL QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS SET FORTH BY THE BOARD ARE DOCUMENTED, ALONG WITH ANY RESPONSES FROM THE PREPARER OF THE FORM 990, IF APPLICABLE. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS AND OFFICERS PREPARE AN ANNUAL DISCLOSURE OF ANY POSSIBLE CONFLICTS OF INTEREST. THESE DISCLOSURES ARE REVIEWED BY THE ORGANIZATION'S MANAGEMENT TEAM, AND SHOULD ANY DISCLOSURE JUSTIFY FURTHER DISCUSSION/DETERMINATION, THE FULL BOARD WOULD VOTE ON THE TRANSACTION WITHOUT THE BOARD MEMBMER OR OFFICER PRESENT FOR THE DELIBERATION. THERE WERE NO INSTANCES OF THE ORGANIZATION HAVING TO ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A NMV AIMS FOR COMPENSATION TO BE COMPETATIVE WITH OTHER MISSION-DRIVEN NONPROFITS OF SIMILAR BUDGET SIZES (NOT A VENTURE FUND). WE REGULARLY REVIEW PAY TO ENSURE CONSISTENCY ACCROSS THE ORGANIZATION WITHIN EACH SALARY BAND THAT HAS BEEN SET BY THE BOARD. COMPENSATION CHANGES ARE EVALUATED ANNUALLY DURING THE ANNUAL PERFORMANCE REVIEW. THE BOARD RELIES ON COMPARABILITY DATA TO DETERMINE AND APPROVE THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE BOARD UTILIZES RESOURCES SUCH AS SIMILARY SITUATED EXEMPT ORGANIZATIONS IN THEIR AREAS TO BENCHMARK PAY ALONG WITH MARKET INFORMATION FROM OTHER EXEMPT ORGANIZATIONS AND FOR- PROFIT ORGANIZATIONS TO ASSESS THE COMPETITIVENESS AND REASONABLENESS OF THE COMPENSATION. ONCE A DECISION HAS BEEN MADE, A VOTE IS TAKEN FOR APPROVAL BY THE BOARD. RECUSAL OF THE INDIVIDUALS WHOSE COMPENSATION IS BEING DETERMINED IS MANDATORY. A SIMILAR PROCESS IS IN PLACE FOR DETERMINING THE COMPENSATION OF THE OTHER KEY EMPLOYEES, IF ANY. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION UTILIZES COMPENSATION SURVEYS TO DETERMINE A REASONABLE RANGE OF COMPENSATION FOR KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 THE FOLLOWING ORGANIZATIONAL DOCUMENTS ARE AVAILABLE (FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE: -TAX EXEMPTION APPLICATION (FORM 1023) -INTERNAL REVENUE SERVICE DETERMINATION LETTER -ARTICLES OF INCORPORATION -BY-LAWS THE PUBLIC INSPECTION COPY OF THE ORGANIZATION'S FORM 990 AND FORM 990-T, WILL BE AVAILABLE (FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE, IF APPLICABLE. THE PUBLIC INSPECTION COPY OF THE FORM 990 WILL NOT INCLUDE THE SCHEDULE OF SCHEDULE A EXCESS CONTRIBUTORS OR THE SCHEDULE B NAMES AND ADDRESSES OF CONTRIBUTORS. THE ORGANIZATION WILL MAKE BEST EFFORTS TO ENSURE THAT THE FORMS 990 AND 990-T HELD AT THEIR MAIN OFFICE ARE THE MOST UPDATED VERSIONS OF SUCH. FOR EXAMPLE, IN THE INSTANCE WHERE A FORM 990 HAS BEEN AMENDED, THE AMENDED VERSION OF THE FORM 990 OR FORM 990-T WILL BE THE ONE AVAILABLE FOR PUBLIC INSPECTION. WHEN RESPONDING TO A PUBLIC INSPECTION REQUEST FOR ANY ORGANIZATIONAL DOCUMENT OR FORM 990 (INCLUDING FORM 990-T) BY ANYONE, THE ORGANIZATION FULFILLS SUCH REQUEST IN A TIMELY FASHION WITHOUT INQUIRING AS TO THE REASON FOR THE PUBLIC INSPECTION REQUEST. THE FOLLOWING OTHER DOCUMENT (MOST UPDATED VERSIONS) IS MADE AVAILABLE FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE: -CONFLICT OF INTEREST POLICY FORM 990, PART IX, LINE 11G OPERATIONAL CONSULTANTS 276,670 0 0 PORTFOLIO SUPPORT 70,179 0 0 COMMUNICATIONS CONSULTANT 15,700 0 0 PEO PAYROLL FEES 3,167 962 1,527 PARTNERSHIP SERVICE AGRMT 150,000 0 0 CONSULTANTS - SUMMIT CONFEREN 72,358 0 0 TOTAL 588,074 962 1,527 FORM 990, PART XI, LINE 9 PRIOR YEAR ADJUSTMENT 0