Civic Intelligence

The New World Foundation

990 • Fiscal year 2017 • EIN 13-1919791

Oct 01, 2016 to Sep 30, 2017 • Filed on Aug 14, 2018

680 West End AvenueNew York, NY 10025

(212) 249-1023

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

28th percentile

0.10x

Higher debt load relative to assets than 28% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

24th percentile

0.14x

Higher debt load relative to revenue than 24% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Net Margin

96th percentile

73%

Higher net margin than 96% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

53rd percentile

$362,296

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Asset Growth

98th percentile

118%

Faster asset growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

893%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Assets

Up

$94,723,608

Up $51,299,976 (+118%) from 2016

Net Assets

Up

$85,292,825

Up $51,976,432 (+156%) from 2016

Liabilities

Down

$9,430,783

Down $676,456 (-6.7%) from 2016

Revenue

Up

$68,823,220

Up $61,892,619 (+893%) from 2016

Expenses

Up

$18,406,528

Up $792,159 (+4.5%) from 2016

Net Income

Up

$50,416,692

Up $61,100,460 (+572%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2011: $33,876,147Liabilities 2011: $3,736,938Net Assets 2011: $30,139,2092011Assets 2012: $32,404,385Liabilities 2012: $3,091,734Net Assets 2012: $29,312,6512012Assets 2013: $31,460,407Liabilities 2013: $2,372,426Net Assets 2013: $29,087,9812013Assets 2014: $54,541,638Liabilities 2014: $2,903,563Net Assets 2014: $51,638,0752014Assets 2015: $45,459,954Liabilities 2015: $2,804,070Net Assets 2015: $42,655,8842015Assets 2016: $43,423,632Liabilities 2016: $10,107,239Net Assets 2016: $33,316,3932016Assets 2017: $94,723,608Liabilities 2017: $9,430,783Net Assets 2017: $85,292,8252017Assets 2018: $124,997,673Liabilities 2018: $10,337,154Net Assets 2018: $114,660,5192018Assets 2019: $164,734,995Liabilities 2019: $10,859,401Net Assets 2019: $153,875,5942019Assets 2020: $187,057,457Liabilities 2020: $13,397,620Net Assets 2020: $173,659,8372020Assets 2021: $131,879,332Liabilities 2021: $10,344,703Net Assets 2021: $121,534,6292021Assets 2022: $124,496,787Liabilities 2022: $12,414,842Net Assets 2022: $112,081,9452022Assets 2023: $123,511,998Liabilities 2023: $12,872,100Net Assets 2023: $110,639,8982023Assets 2024: $122,021,495Liabilities 2024: $13,104,317Net Assets 2024: $108,917,1782024

Highlighted filing

2017

Assets$94,723,608
Liabilities$9,430,783
Net Assets$85,292,825

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80M$60M$40M$20M$0-$20MRevenue 2011: $15,655,960Expenses 2011: $16,428,171Net Income 2011: -$772,2112011Revenue 2012: $6,988,988Expenses 2012: $9,707,995Net Income 2012: -$2,719,0072012Revenue 2013: $9,624,818Expenses 2013: $10,208,695Net Income 2013: -$583,8772013Revenue 2014: $37,366,046Expenses 2014: $14,985,657Net Income 2014: $22,380,3892014Revenue 2015: $8,113,978Expenses 2015: $15,829,826Net Income 2015: -$7,715,8482015Revenue 2016: $6,930,601Expenses 2016: $17,614,369Net Income 2016: -$10,683,7682016Revenue 2017: $68,823,220Expenses 2017: $18,406,528Net Income 2017: $50,416,6922017Revenue 2018: $47,270,569Expenses 2018: $17,781,563Net Income 2018: $29,489,0062018Revenue 2019: $56,795,840Expenses 2019: $17,293,169Net Income 2019: $39,502,6712019Revenue 2020: $43,812,072Expenses 2020: $24,083,544Net Income 2020: $19,728,5282020Revenue 2021: $14,635,341Expenses 2021: $23,695,830Net Income 2021: -$9,060,4892021Revenue 2022: $12,484,284Expenses 2022: $16,130,873Net Income 2022: -$3,646,5892022Revenue 2023: $20,326,734Expenses 2023: $24,684,927Net Income 2023: -$4,358,1932023Revenue 2024: $21,212,750Expenses 2024: $25,601,563Net Income 2024: -$4,388,8132024

Highlighted filing

2017

Revenue$68,823,220
Expenses$18,406,528
Net Income$50,416,692
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Aug 14, 2018
Return Version
2016v3.1
Gross Receipts
$78,529,787
Mission and Program Overview

Mission

THE NEW WORLD FOUNDATION (the "nwf") SUPPORTS COMMUNITY ACTIVISTS ACROSS AMERICA AND AROUND THE WORLD. (see schedule O - part iii - line 1)

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,929,109$45,354,088▲ $40,424,979
Investments in Publicly Traded Securities$18,778,471$33,253,040▲ $14,474,569
Land, Buildings, and Equipment, Net$10,396,239$12,493,479▲ $2,097,240
Pledges and Grants Receivable$8,235,742$2,987,929▼ $5,247,813
Cash and Non-Interest-Bearing Accounts$124,605$264,065▲ $139,460
Prepaid Expenses and Deferred Charges$724,399$210,086▼ $514,313
Accounts Receivable$139,671$147,849▲ $8,178
Investments Other Securities$59,289$0▼ $59,289
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$43,423,632$94,723,608▲ $51,299,976
Other Assets Total$36,107$13,072▼ $23,035
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,630,000$6,634,129▲ $4,129
Other Liabilities$2,015,425$1,762,080▼ $253,345
Accounts Payable and Accrued Expenses$905,514$1,024,574▲ $119,060
Deferred Revenue$553,500$0▼ $553,500
Grants Payable$2,800$10,000▲ $7,200
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$10,107,239$9,430,783▼ $676,456
Net Assets / Fund Balance
Unrestricted Net Assets$18,424,544$73,158,947▲ $54,734,403
Temporarily Rstr Net Assets$14,891,849$12,133,878▼ $2,757,971
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$33,316,393$85,292,825▲ $51,976,432
Total Liabilities and Net Assets / Fund Balance$43,423,632$94,723,608▲ $51,299,976

Asset Categories

AssetBook ValueDepreciationBasis
Land$6,150,540-$6,150,540
Equipment$3,233,990$746,617$3,980,607
Leasehold Improvements$1,925,760$286,583$2,212,343
Other Land Buildings$1,183,189$369,438$1,552,627

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$14,891,849$13,419,576-$16,177,547$12,133,878
2015$24,836,930$4,218,522-$14,163,603$14,891,849
2014$35,115,048$4,124,312-$14,402,430$24,836,930
2013$13,216,135$34,859,434-$12,960,521$35,115,048
2012$15,731,173$6,439,702▼ $288,407$8,666,333$13,216,135
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Colin GreerPresidentFT$256,155$106,141$362,296
Robert DandrewDirector Local Economies Proj.FT$205,174$82,508$287,682
Heeten KalanProgram OfficerFT$108,621$46,797$178,066
Beata PudelkoAssistant TreasurerFT$114,039$61,252$175,291
Sarah BrannenAssociate Director of ProgramsFT$130,652$63,520$171,524
Jean Paul Courtensprogram directorFT$109,519$31,426$140,945
Gina Belafonteprogram directorFT$111,392$14,320$125,712

Board Members and Trustees

NameTitle
Kent WongChair
Julie GoodridgeVice Chair
Anthony ThigpennDirector
Bill DempseyDirector
David B Harrisondirector
Don GalanteDirector
Don HazenDirector
Fred AzcarateDirector
Linda ColonDirector
Sofia CamposDirector
lisa abbottdirector
Peggy SaikaSecretary
Jonathan GlionnaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
La Torre Construction CoContractor7 DE WITT STREET, Kingston, NY 12401$232,751
The Raben GroupContractor1341 G STREET NW FLR 5, Washington, DC 20005-3105$140,000
Syndicate Build LLCContractor36 W 44TH STREET SUITE 1010, New York, NY 10036$109,097
Revenue and Support

Revenue Composition

Contributions and Grants
$68,241,780
Program Service Revenue
$196,863
Investment Income
$270,629
Other Revenue
$113,948
All Other Contributions
$68,241,780
Change in Net Assets
$50,416,692

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported Amount
Clothing and Household Goods$2,178,478
Total Noncash Contributions$2,178,478
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,322,103
Salaries, Compensation, and Employee Benefits$6,042,763
Other Expenses$5,041,662
Total Fundraising Expense$138,836
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$7,322,103--$7,322,103
Other Salaries and Wages$3,015,015$297,653$74,684$3,387,352
Other Employee Benefits$1,283,164$126,678$31,785$1,441,627
Fees for Services Other$1,011,567$25,707-$1,037,274
Occupancy$382,881$263,663-$646,544
Information Technology$639,950$789$300$641,039
Depreciation Depletion$512,916$82,803-$595,719
Current Officers, Directors, Trustees, and Key Employees$504,096$49,766$12,487$566,349
Travel$314,413$48,184-$362,597
Pension Plan Contributions$314,286$31,027$7,785$353,098
Payroll Taxes$261,983$25,864$6,490$294,337
Office Expenses$249,454$15,364$5,305$270,123
Fees for Services Legal$232,743$29,107-$261,850
Conferences and Meetings$119,486$18,311-$137,797
Insurance$120,837$16,658-$137,495
Fees for Service Investment Mgmnt Fees$23,193$77,408-$100,601
Fees for Services Accounting$35,452$358-$35,810
Other Expenses$4,515$791-$5,306
Total Functional Expenses$17,156,269$1,111,423$138,836$18,406,528
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Foundations of the Hudson ValleyPughkeepsie, NY501(c)(3)General Support$425,000
Cooperative Extension Assoc in the State of NyKingston, NY501 (c) (3)General Support$398,720
Cornell UniversityIthaca, NY501(c)(3)General Support$333,670
Hawthorne Valley AssociationGhent, NY501 (c) (3)General Support$183,000
Hudson Mohawk Resource ConservationHudson, NY501 (c) (3)General Support$175,000
THE Research FOUNDATION OF SUNYNew Paltz, NY501 (c) (3)General Support$174,998
Alliance for Global JusticeTucson, AZ501 (c)(3)General Support$115,000
Council on the Environment IncNew York, NY501(c)(3)General Support$100,000
Hudson Valley Research Laboratory IncHighland, NY501 (c) (3)General Support$100,000
National Young Farmers CoalitionHudson, NY501 (c) (3)General Support$100,000
People for the American Way FoundationWashington, DC501 (c) (3)General Support$100,000
Rural and Migrant MinistriesPoughkeepsie, NY501 (c) (3)General Support$100,000
The Hygeia FoundationNew Canaan, CT501 (c) (3)General Support$100,000
Cooperative Extension Assoc in the State of NyMiddletown, NY501 (c) (3)General Support$82,000
Doe Fund IncNew York, NY501 (c) (3)General Support$75,000
Independent Media InstituteBerkeley, CA501 (c) (3)General Support$75,000
Red TomatoPlainville, MA501 (c) (3)General Support$75,000
American Farmland TrustWashington, DC501(c)(3)General Support$65,000
Rethink Local IncBeacon, NY501 (c) (3)General Support$60,000
The Regents of the University OF CaliforniaLos Angeles, CA501 (c) (3)General Support$60,000
American Federation of Labor and Congress of IndusOrlando, FL501 (c) (5)General Support$50,000
Coalition for Social Justice Education Fund IncFall River, MA501(c)(3)General Support$50,000
Georgia Latino Alliance for Human Rights IncAtlanta, GA501 (c) (3)General Support$50,000
Hudson River Healthcare IncPeekskill, NY501 (c) (3)General Support$50,000
National Black Justice Coalition IncWashington, DC501 (c) (3)General Support$50,000
Rvga IncStone Ridge, NY501 (c) (3)General Support$50,000
Safe Passage Project CorporationNew York, NY501 (c) (3)General Support$50,000
Texas New Era Center Jobs with JusticeDallas, TX501 (c) (3)General Support$50,000
Tides CenterSan Francisco, CA501 (c) (3)General Support$50,000
Greenroots IncChelsea, MA501 (c) (3)General Support$45,000
The Advocacy FundSan Francisco, CA501 (c) (4)General Support$45,000
Open Space Institute IncNew York, NY501 (c) (3)General Support$40,000
Rogue ClimatePhoenix, OR501 (c) (3)General Support$40,000
The City School IncDorchester, MA501 (c) (3)General Support$36,500
New England Grassroots Envir Fund IncNewmarket, NH501 (c) (3)General Support$35,000
Worker Justice Center of New YorkRochester, NY501 (c) (3)General Support$35,000
YouthBuild USA IncSomerville, MA501 (c) (3)General Support$35,000
Center for Biological Diversity IncTucson, AZ501 (c) (3)General Support$30,000
Center for Labor Education and Research IncBoston, MA501 (c) (3)General Suppoprt$30,000
Soul Fire Farm Institute IncPetersburg, NY501 (c) (3)General Support$30,000
Cooperative Ext Assocof the STof NY ulster cityKingston, NY501(c)(3)General Support$27,099
Lark Theatre Company IncNy, NY501 (c) (3)General Support$25,500
Chesapeake Climate Action NetworkTakoma Park, MD501 (c) (3)General Support$25,000
Chinatown People Progressive Association IncBoston, MA501 (c) (3)General Support$25,000
EarthworksWashington, DC501 (c) (3)General Support$25,000
Family Values at Work a Multistate Consortium IncMilwaukee, WI501 (c) (3)General Support$25,000
Food and Water WatchWashington, DC501(c)(3)General Support$25,000
Glynwood Center INCCold Spring, NY501(c)(3)General Support$25,000
Klamath Siskiyou Wildlands CenterAshland, OR501 (c) (3)General Support$25,000
Neighbor to Neighbor MA Action FundBoston, MA501 (c) (4)General Support$25,000
Neighbor to Neighbor MA EDUCATION FUND INCBoston, MA501 (c) (3)General Support$25,000
Northeast Organic Farming Ass Of NY IncFarmington, NY501 (c) (3)General Support$25,000
One Ocean Media FoundationStone Ridge, NY501 (c) (3)General Support$25,000
Physicians for Social Responsibility IncTampa, FL501 (c) (3)General Support$25,000
Scenic Hudson IncPoughkeepsie, NY501 (c) (3)General Support$25,000
South Florida AFL-CIO Comm Ed & ChartMiami Springs, FL501 (c) (3)General Support$25,000
Wild Earth Wilderness SchoolNew Paltz, NY501 (c) (3)General Support$25,000
Land Stewardship ProjectMinneapolis, MN501 (c) (3)General Support$23,000
Powder River Basin Resource CouncilSheridan, WY501 (c) (3)General Support$21,500
Oregon Rural Action IncLa Grande, OR501 (c) (3)General Support$21,000
Criminal Justice Policy Coalition IncBoston, MA501 (c) (3)General Support$20,000
Culture ProjectNew York, NY501 (c) (3)General Support$20,000
Delaware Riverkeeper NetworkBristol, PA501 (c) (3)General Support$20,000
HAYMARKET PEOPLE'S FUNDJamaica Plain, MA501 (c) (3)General Support$20,000
Ohio Community Rights NetworkBroadview Heights, OH501 (c) (3)General Support$20,000
Our Childrens TrustEugene, OR501 (c) (3)General Support$20,000
Southwest Pennsylvania Environmental Health ProjMcmurray, PA501 (c) (3)General Support$20,000
Urban Revival IncBoston, MA501 (c) (3)General Support$20,000
Clean Air CouncilPhiladelphia, PA501 (c) (3)General Support$17,000
Center for Constitutional RightsNew York, NY501 (c) (3)General Support$16,000
Family of Woodstock IncKingston, NY501 (c) (3)General Support$15,150
Boston MobilizationCambridge, MA501 (c) (3)General Support$15,000
Equal Justice InitiativeMontgomery, AL501 (c) (3)General Support$15,000
Kent County Arts Council IncChestertown, MD501 (c) (3)General Support$15,000
North Star FundNew York, NY501 (c) (3)General Support$15,000
Southern Center for Human RightsAtlanta, GA501 (c) (3)General Support$15,000
Share FoundationBerkeley, CA501 (c) (3)General Support$12,500
Spontaneous Celebrations IncJamaica Plain, MA501 (c) (3)General Support$12,000
Ayni Institute IncBoston, MA501 (c) (3)General Support$10,000
BRIGHAM & WOMEN'S HOSPITAL DBA SJPHCJamaica Plain, MA501 (c) (3)General Support$10,000
Bio-dynamic Farming and GardeningMilwaukee, WI501 (c) (3)General Support$10,000
Cair-foundation IncWashington, DC501 (c) (3)General Support$10,000
Cathedral Church of St Paul- MannaBoston, MA501 (c) (3)General Support$10,000
Community Labor United IncBoston, MA501 (c) (3)General Support$10,000
Farm On Foundation INCCopake, NY501(c)(3)General Support$10,000
Friends of the Akwesasne Freedom School IncRooseveltown, NY501 (c) (3)General Support$10,000
Human Rights Defense CenterLake Worth, FL501 (c) (3)General Support$10,000
Kids Fashion Delivers IncNy, NY501 (c) (3)General Support$10,000
Mass AllianceBoston, MA501 (c) (4)General Support$10,000
Massachusetts Communities Action Network IncDorchester, MA501 (c) (3)General Support$10,000
Massachusetts Immigrant and Refugee Ac IncBoston, MA501 (c) (3)General Support$10,000
National Immigration Law CenterLos Angeles, CA501 (c) (3)General Support$10,000
Neo Philanthropy IncNew York, NY501 (c) (3)General Support$10,000
New England Innocence ProjectBoston, MA501 (c) (3)General Support$10,000
Philmont Beautification IncPhilmont, NY501 (c) (3)General Support$10,000
Proteus FundAmherst, MA501 (c) (3)General Support$10,000
Southern Poverty Law CenterMontgomery, AL501 (c) (3)General Support$10,000
St Mary of The AngelsJamaica Plain, MA501 (c) (3)General Support$10,000
Stella Adler SCHOOL of ActingNew York, NY501 (c) (3)General Support$10,000
Survivors Net of Those Abused by PriestsSaint Louis, MO501 (c) (3)General Support$10,000
The Community Service Care IncJamaica Plain, MA501 (c) (3)General Support$10,000
Third Sector New EnglandBoston, MA501 (c) (3)General Support$10,000
Trustees of Columbia University in the City of NyNew York, NY501 (c) (3)General Support$10,000
Doctors Without Borders USANy, NY501 (c)(3)General Support$8,000
Equal Justice USA IncBrooklyn, NY501 (c)(3)General Support$8,000
Grassroots International IncBoston, MA501 (c) (3)General Support$8,000
American Institute for Mental ImageryNy, NY501(c)(3)General Support$7,500
New Era Colorado FoundationDenver, CO501 (c) (3)General Support$6,000
The City and Country School IncNew York, NY501 (c) (3)General Support$6,000
international rescue committeenew york, NY501(c)(3)general support$6,000
Antioch College Continuation CorporationYellow Springs, OH501 (c) (3)General Support$5,250
In SpiritWoodcare, CA501 (c) (3)General Support$5,250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Health Benefits$1,762,080
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B. - Question 11B

A COMMITTEE OF THE GOVERNING BODY WILL REVIEW FORM 990 TO SEE IF THE TAX RETURN AGREES WITH THE FINANCIAL STATEMENTS PRIOR TO FILING with the internal revenue service. PART VI, SECTION B. - QUESTION 12C NWF REQUESTs ANNUAL COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY IS REVIEWED AT eAch BOARD MEETING.

PART VI, SECTION B. - questionS 15A & 15B

The executive & finance committees authorize raises. The committees make their recommendation to the board of directors who then makes the final decision on them based upon wage information from the council on foundations.

Part VI, Section C. - Question 19

NWF'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC upon REQUEST.

Filing and Contact Details

Filer

Filer Name
The New World Foundation
EIN
13-1919791
In Care Of
% THE NEW WORLD FOUNDATION
Phone
2122491023
Address
680 WEST END AVENUE, New York, NY 10025

Signing Officer

Name
James J Reilly
Title
accountant
Phone
2126617777
Signed
2018-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Glionna
Formed
1954
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
13
Employees
76
Volunteers
13

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY L
Address
ONE BATTERY PARK PLAZA, NEW YORK, NY 10004-1405
Preparer
James J Reilly
Phone
2126617777
Supplemental Narrative

Additional Explanations

Part III - Line 1

THE NEW WORLD FOUNDATION ("nwf") SUPPORTS COMMUNITY ACTIVISTS ACROSS AMERICA AND AROUND THE WORLD, BUILDS STRONGER ALLIANCES FOR SOCIAL JUSTICE, ENVIRONMENTAL JUSTICE, THE PROTECTION AND EXPANSION OF CIVIL RIGHTS, WHILE ENCOURAGING DEMOCRATIC PARTICIPATION TO ACHIEVE REAL AND LASTING CHANGE. part iii - line 2 During 2017, NWF received $50M to establish Quality Justice Fund (QJF) to fund innovative efforts to combat community deterioration in and strengthen economically distressed communities by enhancing local economic development through small business expansion and to support quality jobs and skill development for the underemployed residents of these communities or other disadvantaged individuals.

Part III - Line 4A

Hudson valley farm hub: we're using a range of philanthropic tools to help these efforts take root and grow. We're engaging others in a spirit of collaboration by convening, connecting and catalyzing the people and projects that will help realize this vision. Our work is focused on new york's hudson valley, the nexus of the largest food market in the country.

Part III - Line 4B

local economies project: THE LOCAL ECONOMIES PROJECT SUPPORTS VIBRANT, INTERCONNECTED COMMUNITIES THAT ARE POWERED BY THE PEOPLE WHO LIVE THERE. WE SEE FOOD AND FARMING AS A CORNERSTONE OF EVERY REGION, SO OUR MAJOR INITIATIVES REVOLVE AROUND FOOD HUBS (infrastructure and marketing), FARM HUBS (farmer training and services), and EDUCATION (farm-to-school and community). part iii - line 4c NEW MAJORITY FUND: New Majority Fund seeks to build a progressive new majority for America-a majority motivated and organized by values of social equity and justice, once again tipping the balance of the electorate to progressive outcomes. The Fund supports community-based organizational infrastructure and a diverse constituency base while encouraging and sustaining state-based alliances to achieve both local and state victories. In several states the New Majority Program has helped to build alliances between groups otherwise often divided by race and class identities. Issues such as education, fracking and voter participation have been central to this work. part iii - line 4d other program services: coin project, fracking prjoect, phoenix fund, organization united for respect, sankofa, faculty forward network project, quality jub's fund, marga, tidal x 1020, diverse asset management initiative.

part XI - line 9

postretirement benefit related changes other than net periodic benefit costs: $528,929

Financial Statement Notes

Part III - Line 4

Reproductions of the litographs by Nelson Mandela used as the office dcor. PART V - LINE 4 Temporarily restricted - net assets of THE NEW WORLD FOUNDATION which have been limited by donor-imposed stipulations that either expire with the passage of time or can be fulfilled and removed by the actions of NWF pursuant to those stipulations. Temporarily restricted contributions that originate in a given year and are released from restrictions in the same year are reflected within unrestricted net assets.

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IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt014310
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt014310
IRS990/NetUnrlzdGainsLossesInvstAmt01030811
IRS990/NoncashContributionsAmt02178478
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0263663
IRS990/OccupancyGrp/ProgramServicesAmt0382881
IRS990/OccupancyGrp/TotalAmt0646544
IRS990/OfficeExpensesGrp/FundraisingAmt05305
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015364
IRS990/OfficeExpensesGrp/ProgramServicesAmt0249454
IRS990/OfficeExpensesGrp/TotalAmt0270123
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt036107
IRS990/OtherAssetsTotalGrp/EOYAmt013072
IRS990/OtherChangesInNetAssetsAmt0528929
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt031785
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0126678
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01283164
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01441627
IRS990/OtherExpensesGrp/Desc0FARM COSTS AND EXPENSES
IRS990/OtherExpensesGrp/Desc1COMMUNITY SUPPORT

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$122$13.1$109$21.2$25.6$4.39
2023Detailed filing. Detailed filing data is available for this year.$124$12.9$111$20.3$24.7$4.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$124$12.4$112$12.5$16.1$3.65
2021Detailed filing. Detailed filing data is available for this year.$132$10.3$122$14.6$23.7$9.06
2020Detailed filing. Detailed filing data is available for this year.$187$13.4$174$43.8$24.1$19.7
2019Detailed filing. Detailed filing data is available for this year.$165$10.9$154$56.8$17.3$39.5
2018Detailed filing. Detailed filing data is available for this year.$125$10.3$115$47.3$17.8$29.5
2017Detailed filing. Detailed filing data is available for this year.$94.7$9.43$85.3$68.8$18.4$50.4
2016Detailed filing. Detailed filing data is available for this year.$43.4$10.1$33.3$6.93$17.6$10.7
2015Detailed filing. Detailed filing data is available for this year.$45.5$2.80$42.7$8.11$15.8$7.72
2014Summary only. Only limited summary data is available for this year.$54.5$2.90$51.6$37.4$15.0$22.4
2013Summary only. Only limited summary data is available for this year.$31.5$2.37$29.1$9.62$10.2$0.58
2012Summary only. Only limited summary data is available for this year.$32.4$3.09$29.3$6.99$9.71$2.72
2011Summary only. Only limited summary data is available for this year.$33.9$3.74$30.1$15.7$16.4$0.77
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $50M-$100M nonprofits

Fairfield, AL

View Organization

Miles College

501(c)3

Revenue$35,832,118
Assets$94,754,600

Revenue vs current organization

48% lower

Assets vs current organization

About the same