Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
EIN 72-1297875 • 501(c)3 • New Orleans, LA
Profile
NewCorp, Inc. is a private non-profit 501(C)(3) CDFI that provides financial products and services, technical assistance, training, counseling and advisory services to small/medium, underserved businesses.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
58th percentile
Higher top officer pay than 58% of similar nonprofits.
Top officer pay equals 8.0% of source-year revenue.
Asset Growth
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Assets
Up$12,480,044
Up $1,931,602 (+18%) from 2023
Liabilities
Up$6,005,706
Up $520,270 (+9.5%) from 2023
Net Assets
Up$6,474,338
Up $1,411,332 (+28%) from 2023
Revenue
Up$2,641,290
Up $1,527,843 (+137%) from 2023
Expenses
Down$1,018,784
Down $162,615 (-14%) from 2023
Net Income
Up$1,622,506
Up $1,690,458 (+2488%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
NewCorp, Inc. is a private non-profit 501(C)(3) CDFI that provides financial products and services, technical assistance, training, counseling and advisory services to small/medium, underserved businesses.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $5,900,558 | $8,168,425 | ▲ $2,267,867 |
| Cash and Non-Interest-Bearing Accounts | $4,241,919 | $3,966,042 | ▼ $275,877 |
| Land, Buildings, and Equipment, Net | $119,172 | $335,574 | ▲ $216,402 |
| Pledges and Grants Receivable | $241,796 | $0 | ▼ $241,796 |
| Prepaid Expenses and Deferred Charges | $4,606 | $4,632 | ▲ $26 |
| Savings and Temporary Cash Investments | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | - | - |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $10,548,442 | $12,480,044 | ▲ $1,931,602 |
| Other Assets Total | $40,391 | $5,371 | ▼ $35,020 |
| Liabilities | |||
| Deferred Revenue | $2,890,442 | $3,109,851 | ▲ $219,409 |
| Mortgage Notes Payable Secured by Investment Property | $2,473,358 | $2,761,356 | ▲ $287,998 |
| Accounts Payable and Accrued Expenses | $121,636 | $134,499 | ▲ $12,863 |
| Grants Payable | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | - | - |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $5,485,436 | $6,005,706 | ▲ $520,270 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $6,115,623 | $6,115,623 | → $0 |
| Net Assets Without Donor Restrictions | $-1,052,617 | $358,715 | ▲ $1,411,332 |
| Total Net Assets Fund Balance | $5,063,006 | $6,474,338 | ▲ $1,411,332 |
| Total Liabilities and Net Assets / Fund Balance | $10,548,442 | $12,480,044 | ▲ $1,931,602 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $0 | $0 | $0 |
| Other Land Buildings | $0 | $0 | $0 |
| Land | $268,002 | - | $0 |
| Equipment | $46,947 | $304,648 | $0 |
| Leasehold Improvements | $20,625 | $0 | $0 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Vaughn Fauria | Executive Director | FT | $210,000 | $210,000 |
| Name | Title |
|---|---|
| Vanessa Brown Claiborne | President |
| Gerald Johnson | Member |
| James Ross | Member |
| Monica Edwards | Member |
| Rodderick Miller | Member |
| Sheryl Howard | Secretary |
| Angela Obyrne | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Peter Brooks | Loan servicing | 13 Melrose Dr, Marrero, LA 70072 | $160,000 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $519,051 |
| Other Expenses | $499,733 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $200,094 | $66,698 | - | $266,792 |
| Current Officers, Directors, Trustees, and Key Employees | $157,500 | $52,500 | - | $210,000 |
| Fees for Services Management | $121,147 | $40,382 | - | $161,529 |
| Interest | $110,661 | - | - | $110,661 |
| Fees for Services Accounting | $44,250 | $14,750 | - | $59,000 |
| Occupancy | $29,778 | $9,926 | - | $39,704 |
| Payroll Taxes | $27,332 | $9,111 | - | $36,443 |
| Information Technology | $24,597 | $8,199 | - | $32,796 |
| Fees for Services Other | $17,296 | $5,765 | - | $23,061 |
| Office Expenses | $13,976 | $4,659 | - | $18,635 |
| Travel | $13,246 | $4,415 | - | $17,661 |
| Insurance | $7,459 | $2,486 | - | $9,945 |
| All Other Expenses | $6,028 | $2,009 | - | $8,037 |
| Other Employee Benefits | $4,362 | $1,454 | - | $5,816 |
| Other Expenses | $3,010 | $1,003 | $0 | $4,013 |
| Advertising | $1,875 | $625 | - | $2,500 |
| Total Functional Expenses | $793,816 | $224,968 | $0 | $1,018,784 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | - | - |
“The 990 is provided to all board members to review prior to submission.”
“The board reviews the compensation of the Executive director and approves”
“Upon request”
“Net Asset Adjustment”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 121636 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 134499 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 5900558 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 8168425 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | NewCorp, Inc. is a private non-profit 501(C)(3) CDFI that provides financial products and services, technical assistance, training, counseling and advisory services to small/medium, underserved businesses. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 625 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 1875 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 2500 |
| IRS990/AllOtherContributionsAmt | 0 | 922374 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2009 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 6028 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 8037 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Vaughn Fauria |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5042081700 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2533 Columbus Street |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | Suite 204 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | New Orleans |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | LA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 70119 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 4241919 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 3966042 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 52500 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 157500 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 210000 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 160000 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 13 Melrose Dr |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | Marrero |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | LA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 70072 |
| IRS990/ContractorCompensationGrp/ContractorName/PersonNm | 0 | Peter Brooks |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Loan servicing |
| IRS990/ContriRptFundraisingEventAmt | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 2495197 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 143352 |
| IRS990/CYOtherExpensesAmt | 0 | 499733 |
| IRS990/CYOtherRevenueAmt | 0 | 2741 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1622506 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 519051 |
| IRS990/CYTotalExpensesAmt | 0 | 1018784 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2641290 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 2890442 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 3109851 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | NewCorp, Inc. is a private non-profit 501(C)(3) CDFI that provides financial products and services, technical assistance, training, counseling and advisory services to small/medium, underserved businesses. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 6115623 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 6115623 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 6 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 793816 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FederatedCampaignsAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 14750 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 44250 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 59000 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 40382 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 121147 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 161529 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 5765 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 17296 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 23061 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form1098CFiledInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form8899Filedind | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 3 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Vaughn Fauria |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Vanessa Brown Claiborne |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Angela Obyrne |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Sheryl Howard |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Monica Edwards |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Gerald Johnson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | James Ross |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Rodderick Miller |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 210000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Executive Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Member |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1995 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/FundraisingAmt | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GovernmentGrantsAmt | 0 | 1572823 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 2641290 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 8199 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 24597 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 32796 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2486 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 7459 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 9945 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 110661 |
| IRS990/InterestGrp/TotalAmt | 0 | 110661 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 143352 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 143352 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | 1 |
| IRS990/IRPDocumentCnt | 0 | 6 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 304648 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 119172 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 335574 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 640222 |
| IRS990/LegalDomicileStateCd | 0 | LA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MiscellaneousRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2741 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 2741 |
| IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/MissionDesc | 0 | NewCorp, Inc. is a private non-profit 501(C)(3) CDFI that provides financial products and services, technical assistance, training, counseling and advisory services to small/medium, underserved businesses. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 2473358 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 2761356 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 5063006 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 6474338 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -1052617 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 358715 |
| IRS990/NoncashContributionsAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 9926 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 29778 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 39704 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 4659 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 13976 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 18635 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 40391 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 5371 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -211174 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 1454 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 4362 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 5816 |
| IRS990/OtherExpensesGrp/Desc | 0 | Donation Expense |
| IRS990/OtherExpensesGrp/Desc | 1 | Computer Expense |
| IRS990/OtherExpensesGrp/Desc | 2 | Program Expense |
| IRS990/OtherExpensesGrp/Desc | 3 | Membership Fees |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 986 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 1003 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 5314 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 2957 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2934 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 3010 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 5314 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 3943 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2934 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 4013 |
| IRS990/OtherRevenueTotalAmt | 0 | 2741 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 66698 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 200094 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 266792 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 9111 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 27332 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 36443 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 241796 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 4606 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 4632 |
| IRS990/PrincipalOfficerNm | 0 | Vaughn R Fauria |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 779528 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 239109 |
| IRS990/PYOtherExpensesAmt | 0 | 595498 |
| IRS990/PYOtherRevenueAmt | 0 | 94810 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -67952 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 585901 |
| IRS990/PYTotalExpensesAmt | 0 | 1181399 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1113447 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1622506 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RelatedOrganizationsAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | NA |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Schedule A, Part III, Line 12 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 2482059 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 779528 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1129882 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1865592 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2570704 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 8827765 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 153693 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 333919 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 512782 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 156867 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 448255 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1605516 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 5538 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4824 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 12996 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 17753 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 41111 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99608 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99441 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 10433281 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 2635752 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1113447 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1642664 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2022459 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3018959 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 10433281 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 2641290 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 1113447 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1647488 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 2035455 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 3036712 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 10474392 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 46947 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 304648 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 351595 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 268002 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 268002 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 20625 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt | 0 | 20625 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 335574 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
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