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Nonprofiteer
← NEW ECONOMY COALITION INC

Form 990 for tax year 2024

Filed by NEW ECONOMY COALITION INC.

Totals

Total revenue
$2,074,059
Total expenses
$2,415,523
Contributions and grants received
$2,037,107
Grants paid
$407,682
Program service revenue
$4,059
Investment income
$32,893
Other revenue
$0
Total assets, end of year
$2,046,270
Total liabilities, end of year
$264,652
Net assets or fund balances, end of year
$1,781,618
Program services expenses (Part IX)
$2,046,506
Management and general expenses
$191,512
Fundraising expenses
$177,505
Program service expenses (Part III)
$2,046,506

Program services were 84.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,037,107

  • 2a · Program service revenue: PROGRAM SERVICE

    total $4,059 · related or exempt $4,059

  • 3 · Investment income

    total $32,893 · excluded $32,893

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $398,818 · program services $398,818

  • 2 · Grants to domestic individuals

    total $8,864 · program services $8,864

  • 5 · Compensation of officers, directors and key employees

    total $120,138 · program services $66,076 · management and general $54,062

  • 7 · Other salaries and wages

    total $1,114,612 · program services $987,719 · management and general $22,575 · fundraising $104,318

  • 8 · Pension plan contributions

    total $36,081 · program services $30,545 · management and general $1,316 · fundraising $4,220

  • 9 · Other employee benefits

    total $185,743 · program services $147,115 · management and general $10,038 · fundraising $28,590

  • 10 · Payroll taxes

    total $104,232 · program services $89,885 · management and general $5,282 · fundraising $9,065

  • 11b · Fees: legal

    total $14,945 · management and general $14,945

  • 11c · Fees: accounting

    total $51,436 · management and general $51,436

  • 11g · Fees: other

    total $108,795 · program services $73,355 · management and general $14,789 · fundraising $20,651

  • 12 · Advertising and promotion

    total $10,048 · program services $8,939 · fundraising $1,109

  • 13 · Office expenses

    total $85,984 · program services $71,513 · management and general $5,358 · fundraising $9,113

  • 14 · Information technology

    total $32,952 · program services $29,619 · management and general $3,084 · fundraising $249

  • 17 · Travel

    total $101,592 · program services $101,402 · fundraising $190

  • 19 · Conferences, conventions and meetings

    total $24,460 · program services $24,460

  • 23 · Insurance

    total $8,627 · management and general $8,627

  • 24a · Other expenses: STAFF TRAINING

    total $8,196 · program services $8,196

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $19,972 · end of year $262,190

  • 2 · Savings and temporary cash investments

    beginning of year $1,913,038 · end of year $1,457,097

  • 3 · Pledges and grants receivable

    beginning of year $510,000 · end of year $301,191

  • 4 · Accounts receivable

    beginning of year $4,787 · end of year $239

  • 9 · Prepaid expenses and deferred charges

    beginning of year $23,578 · end of year $25,553

  • 17 · Accounts payable and accrued expenses

    beginning of year $63,199 · end of year $33,189

  • 18 · Grants payable

    beginning of year $285,250 · end of year $231,463

  • 27 · Net assets without donor restrictions

    beginning of year $1,485,822 · end of year $1,493,953

  • 28 · Net assets with donor restrictions

    beginning of year $637,104 · end of year $287,665

Mission and programs · 2024

Mission

NEW ECONOMY COALITION EXISTS TO SUPPORT A JUST TRANSITION FROM AN EXTRACTIVE TO A REGENERATIVE ECONOMY BY BUILDING THE SCALE AND POWER OF THE SOLIDARITY ECONOMY MOVEMENT IN BLACK, INDIGENOUS, AND WORKING CLASS COMMUNITIES IN EVERY REGION OF THE UNITED STATES.

Activities or mission (Part I)

NEW ECONOMY COALITION EXISTS TO SUPPORT A JUST TRANSITION FROM AN EXTRACTIVE TO A REGENERATIVE ECONOMY BY BUILDING THE SCALE AND POWER OF THE SOLIDARITY ECONOMY MOVEMENT IN BLACK, INDIGENOUS, AND WORKING CLASS COMMUNITIES IN EVERY REGION OF THE UNITED STATES

  • NEW ECONOMY COALITION ORGANIZES A NETWORK OF OVER 200 ORGANIZATIONS IMAGINING AND BUILDING JUST ECONOMIES THAT PLACE POWER IN THE HANDS OF PEOPLE AND UPROOT LEGACIES OF HARM. WE'RE DRIVEN BY A BELIEF THAT ALL OUR STRUGGLES - FOR RACIAL, ECONOMIC, AND CLIMATE JUSTICE; FOR TRUE DEMOCRATIC GOVERNANCE AND COMMUNITY OWNERSHIP; FOR PROSPERITY ROOTED IN INTERDEPENDENCE WITH THE EARTH'S NATURAL SYSTEMS - ARE DEEPLY INTERCONNECTED. RISING TO THE CHALLENGE OF BUILDING A BETTER WORLD DEMANDS THAT WE FUNDAMENTALLY TRANSFORM OUR ECONOMIC AND POLITICAL SYSTEMS.WE CONNECT OUR MEMBER ORGANIZATIONS WORKING ACROSS ISSUES AND MOVEMENTS SO THEY CAN COLLABORATE, SHARE SKILLS, AND PROVIDE MUTUAL AID.WE REGULARLY SOLICIT FEEDBACK FROM OUR MEMBERS AND PROVIDE TRAININGS AND TOOLS BASED ON THE NEEDS AND INTERESTS OUR MEMBERS EXPRESS.WE RESOURCE GRASSROOTS GROUPS DEEPLY IMPACTED BY INJUSTICE AND ENVIRONMENTAL DESTRUCTION AND WHO ARE DEVELOPING CUTTING-EDGE JUST, DEMOCRATIC, SUSTAINABLE STRATEGIES AND SOLUTIONS.WE BUILD MOMENTUM FOR OUR MEMBERS' ACTIONS, INITIATIVES, AND CAMPAIGNS THROUGHWIDE-REACHING, EFFECTIVE COMMUNICATIONS.WE HOLD LARGE CROSS-ISSUE, CROSS-MOVEMENT SKILL-BUILDING, CONNECTION-BUILDING, AND KNOWLEDGE-BUILDING GATHERINGS THAT ARE OPEN TO EVERYONE INVESTED IN A JUST TRANSITION TO A SUSTAINABLE WORLD.

    Expenses $2,046,506 · Grants $407,682 · Revenue $4,059

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Bryana Difonzo

    ORGANIZATIONAL RESILIENCE DIRECTOR

    Total calculated
    $120,228
    From this org
    $85,006
    From related orgs
    $0
    Other
    $35,222
    Hours/week
    35

  • Sharde Nabors

    RESOURCE REDISTRIBUTION DI

    Total calculated
    $143,630
    From this org
    $120,235
    From related orgs
    $0
    Other
    $23,395
    Hours/week
    35

  • Belen Marco Crispo

    NARRATIVE STRATEGY DIRECTOR

    Total calculated
    $113,286
    From this org
    $100,117
    From related orgs
    $0
    Other
    $13,169
    Hours/week
    35

  • Marsha Jackson

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Yvonne Yen Liu

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Hendrix Berry

    CO-TREASURER

    Total calculated
    $0
    Hours/week
    1

  • David Ferris

    CO-TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Mike Strode

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Yuki Kidokoro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Stacey Sutton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Margo Dalal

    DIRECTOR

    Total calculated
    $1,500
    From this org
    $1,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Suparna Kure

    DIRECTOR

    Total calculated
    $1,925
    From this org
    $1,925
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Emilie Miyuachi

    DIRECTOR

    Total calculated
    $7,200
    From this org
    $7,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Ayushi Vig

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Libbie Cohn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Mekyah Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

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

Provenance

Return type
form_990
Tax year
2024
Filed
28 July 2025
IRS schema version
2024v5.2
Source object
202502099349300045

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