Civic Intelligence

New Community Project Inc

EIN 88-1121024 • 501(c)3 • Bronx, NY

Profile

NewComm PROJECT is a nonprofit education design studio that creates free, affordable, and paid summer learning opportunities that center the lived experiences of highly motivated but historically minoritized BIPOC learners. NewComm PROJECT's mission is to unlock the transformative DNA of education by creating dynamic learning environments that erase the barriers between classrooms, cost, and zip codes.

4400 Tibbett AveBronx, NY 10471

www.newcommproject.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.07x

Higher debt load relative to assets than 61% of similar nonprofits.

NTEE O • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.04x

Higher debt load relative to revenue than 57% of similar nonprofits.

NTEE O • $500k-$1M nonprofits • Source year 2024

Net Margin

83rd percentile

35%

Higher net margin than 83% of similar nonprofits.

NTEE O • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

71st percentile

$75,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 14.5% of source-year revenue.

NTEE O • $500k-$1M nonprofits • Source year 2024

Asset Growth

93rd percentile

183%

Faster asset growth than 93% of similar nonprofits.

NTEE O • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

189%

Faster revenue growth than 92% of similar nonprofits.

NTEE O • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$286,509

Up $185,171 (+183%) from 2023

Liabilities

Up

$19,014

Up $10,108 (+113%) from 2023

Net Assets

$267,495

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue57th percentileNet Margin83rd percentile

Revenue

Up

$516,180

Up $337,702 (+189%) from 2023

Expenses

Up

$334,551

Up $184,618 (+123%) from 2023

Net Income

Up

$181,629

Up $153,084 (+536%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2022: $66,091Liabilities 2022: $2,204Net Assets 2022: $63,8872022Assets 2023: $101,338Liabilities 2023: $8,9062023Assets 2024: $286,509Liabilities 2024: $19,014Net Assets 2024: $267,4952024

Highlighted filing

2024

Assets$286,509
Liabilities$19,014
Net Assets$267,495
Open 2024 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2022: $110,846Expenses 2022: $46,959Net Income 2022: $63,8872022Revenue 2023: $178,478Expenses 2023: $149,933Net Income 2023: $28,5452023Revenue 2024: $516,180Expenses 2024: $334,551Net Income 2024: $181,6292024

Highlighted filing

2024

Revenue$516,180
Expenses$334,551
Net Income$181,629
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$286,509
Liabilities
$19,014
Net assets
$267,495
Revenue
$516,180
Expenses
$334,551
Net income
$181,629
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$0.19$2.67$5.16$3.35$1.82
2023Summary only. Only limited summary data is available for this year.$1.01$0.09$1.78$1.50$0.29
2022Detailed filing. Detailed filing data is available for this year.$0.66$0.02$0.64$1.11$0.47$0.64
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 5, 2023
Return Version
2022v4.0
Gross Receipts
$110,846
Mission and Program Overview

Mission

NewComm PROJECT is a nonprofit education design studio that creates free, affordable, and paid summer learning opportunities that center the lived experiences of highly motivated but historically minoritized BIPOC learners. NewComm PROJECT's mission is to unlock the transformative DNA of education by creating dynamic learning environments that erase the barriers between classrooms, cost, and zip codes.

Program Services

DescriptionGrantsExpenses
Our first program NewComm FELLOWS will launch in the Summer of 2023 at Fordham University. FELLOWS is a academic internship that leverages the scientific study of a literary novel to design, refine, and execute local social impact projects.$0$110,000
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chidi AsolukaFounder And CEOPT$30,000-$30,000
Kendra GrinnageFounding Board Member-$0--
Ronald J TaylorFounding Board Member-$0--
Danielle RockFounding Board Member-$0--
Ale GonzalezFounding Board Member-$0--
Julia ChoseedFounding Board Member-$0--
Ofunne EdoziemFounding Board Secretary-$0--
Lauren W ColeFounding Board Member-$0--
Filing and Contact Details

Filer

Filer Name
New Community Project Inc
EIN
88-1121024
Phone
9738011496
Address
63 Wells Avenue, Yonkers, NY 10701

Signing Officer

Name
Chidi Asoluka
Title
Chief Executive Officer
Phone
9738011496
Signed
2023-03-05
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Advertising and Marketing - $894; Accounting Software - $122; Equipment and Software - $3,074; Payroll Fees - $216; Travel - $65”

Form 990-EZ, Part II, Line 26

“Business Credit Card Balance - $2,204”

Raw XML Appendix185 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0CHIDI ASOLUKA
IRS990EZ/BooksInCareOfDetail/PhoneNum09738011496
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt063 Wells Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Yonkers
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010701
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt066091
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0110846
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt063887
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt010208
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt066091
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0110846
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt063887
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt063887
IRS990EZ/OccupancyRentUtltsAndMaintAmt069
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt030000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Chidi Asoluka
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kendra Grinnage
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Ronald J Taylor
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Danielle Rock
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Ale Gonzalez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Julia Choseed
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Ofunne Edoziem
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Lauren W Cole
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0FOUNDER and CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1FOUNDING BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2FOUNDING BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3FOUNDING BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4FOUNDING BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5FOUNDING BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6FOUNDING BOARD SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7FOUNDING BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt04371
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0NewComm PROJECT is a nonprofit education design studio that creates free, affordable, and paid summer learning opportunities that center the lived experiences of highly motivated but historically minoritized BIPOC learners. NewComm PROJECT's mission is to unlock the transformative DNA of education by creating dynamic learning environments that erase the barriers between classrooms, cost, and zip codes.
IRS990EZ/PrintingPublicationsPostageAmt016
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Our first program NewComm FELLOWS will launch in the Summer of 2023 at Fordham University. FELLOWS is a academic internship that leverages the scientific study of a literary novel to design, refine, and execute local social impact projects.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0110000
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt032295
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02204
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt046959
IRS990EZ/TotalProgramServiceExpensesAmt0110000
IRS990EZ/TotalRevenueAmt0110846
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.newcommproject.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0110846
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0110846
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0110846
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0110846
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0110846
IRS990ScheduleA/TotalSupportAmt0110846
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Marketing - $894; Accounting Software - $122; Equipment and Software - $3,074; Payroll Fees - $216; Travel - $65
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Business Credit Card Balance - $2,204
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Chidi Asoluka
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chief Executive Officer
ReturnHeader/BusinessOfficerGrp/PhoneNum09738011496
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW COMMUNITY PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWC
ReturnHeader/Filer/EIN0881121024
ReturnHeader/Filer/PhoneNum09738011496
ReturnHeader/Filer/USAddress/AddressLine1Txt063 Wells Avenue
ReturnHeader/Filer/USAddress/CityNm0Yonkers
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-03-13T12:37:33-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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