Skip to content
Nonprofiteer
← NEW PROFIT INC

Form 990 for tax year 2022

Filed by NEW PROFIT INC.

Totals

Total revenue
$22,156,350
Total expenses
$35,518,909
Contributions and grants received
$21,717,666
Grants paid
$12,385,000
Program services expenses (Part IX)
$28,672,083
Management and general expenses
$3,838,108
Fundraising expenses
$3,008,718
Program service expenses (Part III)
$28,672,083

Program services were 80.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • VANESSA KIRSCH

    FOUNDER AND CO-CEO

    Total calculated
    $453,696
    From this org
    $420,242
    From related orgs
    $0
    Other
    $33,454
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $355,242
    Bonus
    $65,000
    Other
    $0
    Deferred
    $6,000
    Nontaxable benefits
    $27,454
    Filer's total
    $453,696

  • TULAINE MONTGOMERY

    CO-CEO

    Total calculated
    $443,543
    From this org
    $426,103
    From related orgs
    $0
    Other
    $17,440
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $361,103
    Bonus
    $65,000
    Other
    $0
    Deferred
    $6,000
    Nontaxable benefits
    $11,440
    Filer's total
    $443,543

  • DEBORAH SMOLOVER

    MANAGING PARTNER, ED OF AMERICA FORWARD

    Total calculated
    $374,276
    From this org
    $342,260
    From related orgs
    $0
    Other
    $32,016
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $342,260
    Bonus
    $0
    Other
    $0
    Deferred
    $6,000
    Nontaxable benefits
    $26,016
    Filer's total
    $374,276

  • ELIZA GREENBERG

    MANAGING PARTNER

    Total calculated
    $303,204
    From this org
    $277,788
    From related orgs
    $0
    Other
    $25,416
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $277,788
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $25,416
    Filer's total
    $303,204

  • DOUGLAS BORCHARD

    MANAGING PARTNER, CHIEF OPERATING OFFICER

    Total calculated
    $290,484
    From this org
    $282,915
    From related orgs
    $0
    Other
    $7,569
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $282,915
    Bonus
    $0
    Other
    $0
    Deferred
    $6,000
    Nontaxable benefits
    $1,569
    Filer's total
    $290,484

  • DERREK SHULMAN

    MANAGING PARTNER

    Total calculated
    $273,456
    From this org
    $241,685
    From related orgs
    $0
    Other
    $31,771
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $223,927
    Bonus
    $17,758
    Other
    $0
    Deferred
    $6,000
    Nontaxable benefits
    $25,771
    Filer's total
    $273,456

  • IAN MAGEE

    MANAGING PARTNER, CHIEF FINANCIAL OFFICER

    Total calculated
    $266,816
    From this org
    $249,376
    From related orgs
    $0
    Other
    $17,440
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $249,376
    Bonus
    $0
    Other
    $0
    Deferred
    $6,000
    Nontaxable benefits
    $11,440
    Filer's total
    $266,816

  • SHRUTI SEHRA

    MANAGING PARTNER

    Total calculated
    $261,569
    From this org
    $244,129
    From related orgs
    $0
    Other
    $17,440
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $244,129
    Bonus
    $0
    Other
    $0
    Deferred
    $6,000
    Nontaxable benefits
    $11,440
    Filer's total
    $261,569

  • KEVIN GREER

    MANAGING PARTNER

    Total calculated
    $246,996
    From this org
    $215,235
    From related orgs
    $0
    Other
    $31,761
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $215,235
    Bonus
    $0
    Other
    $0
    Deferred
    $6,000
    Nontaxable benefits
    $25,761
    Filer's total
    $246,996

  • SHAWN DOVE

    MANAGING PARTNER

    Total calculated
    $242,230
    From this org
    $220,972
    From related orgs
    $0
    Other
    $21,258
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $220,972
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $21,258
    Filer's total
    $242,230

  • JEFFREY WALKER

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • STEVE BARNES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOSH BEKENSTEIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KERWIN CHARLES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SAM COBBS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALISA DOCTOROFF

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID GERGEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STACY JANIAK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STEVE JENNINGS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WENDY KOPP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MATT LEVIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • HENRY MCCANCE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DUNCAN MCFARLAND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • VALERIE MOSLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KRISTIN MUGFORD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARK NUNNELLY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN RICE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRIAN SPECTOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • VENKAT SRINIVASAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DEBORAH QUAZZO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JAMES PALLOTTA

    DIRECTOR (UNTIL 12/2022)

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
31 October 2023
IRS schema version
2022v5.0
Source object
202303119349301640

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.