Form 990 for tax year 2025

Totals

Total revenue

$32,899,701

Total expenses

$54,031,580

Contributions and grants received

$29,529,269

Grants paid

$31,176,665

Program service revenue

$26,350

Investment income

$3,339,933

Other revenue

$4,149

Total assets, end of year

$98,782,334

Total liabilities, end of year

$935,163

Net assets or fund balances, end of year

$97,847,171

Program services expenses (Part IX)

$43,686,323

Management and general expenses

$6,664,005

Fundraising expenses

$3,681,252

Program service expenses (Part III)

$43,686,323

Program services were 80.9% 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.

Mission and programs · 2025

• SEE SCHEDULE O.

  Expenses $23,846,674 · Grants $19,000,000

• SEE SCHEDULE O.

  Expenses $9,407,600 · Grants $4,999,999 · Revenue $26,350

• SEE SCHEDULE O.

  Expenses $6,146,141 · Grants $5,416,666

• PORTFOLIO CATALYZE THROUGH OUR CATALYZE INVESTMENTS, WE PROVIDE $100K UNRESTRICTED GRANTS, A $10,000 GRANT FOR LEADERSHIP DEVELOPMENT, AND STRATEGIC ADVISORY SUPPORT OVER ONE YEAR. OUR COHORT-BASED MODEL ENABLES SOCIAL ENTREPRENEURS TO BUILD COMMUNITY WITH PEERS AND PARTICIPATE IN A SERIES OF IN-PERSON CONVENINGS AND WEBINARS. THIS PROGRAMMING IS DESIGNED TO SUPPORT ORGANIZATIONS DEEPENING THEIR IMPACT AND SCALING THEIR MODELS BY TACKLING KEY LEADERSHIP AND ORGANIZATIONAL CHALLENGES.OUR GRANTEES ARE DRIVING IMPACT IN EDUCATION, HEALTH, CRIMINAL JUSTICE REFORM, DEMOCRACY, AND ECONOMIC MOBILITY.

  Expenses $3,733,845 · Grants $1,760,000

• PORTFOLIO - PORTFOLIO PERFORMANCE & SUPPORTNEW PROFIT ASSUMES A VARIETY OF ROLES WITH GRANTEES INCLUDING ADVISOR, COACH, AND BOARD MEMBER, IN ORDER TO PROVIDE STRATEGIC GUIDANCE GEARED TOWARDS BUILDING ORGANIZATIONS' KEY CAPABILITIES. WE BELIEVE THAT INCREASES IN THESE CAPABILITIES INCLUDING LEADERSHIP, IMPACT MODEL, STRATEGIC MANAGEMENT AND PLANNING, AND ECONOMIC MODEL ARE THE NECESSARY FOUNDATION FOR IMPACT, SCALE, AND SUSTAINABILITY, IN THE LONG-TERM. THROUGHOUT THE GRANT TERM, NEW PROFIT ALSO INVITES GRANTEES AND ALUMNI TO TAKE PART IN CONVENINGS THAT BRING TOGETHER PEER ORGANIZATIONS, FIELD EXPERTS, AND PHILANTHROPIC PLAYERS FROM ACROSS OUR NATIONAL NETWORK.

  Expenses $552,063

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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. 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

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

• LIVING CITIES

  $5,000,000

  PROGRAM EXPANSION

• BRAVEN INC

  $1,666,665

  PROGRAM EXPANSION

• BIG PICTURE LEARNING

  $1,000,000

  PROGRAM EXPANSION

• GIRL TREK INCORPORATED

  $1,000,000

  PROGRAM EXPANSION

• THE HEALTH INITIATIVE

  $1,000,000

  PROGRAM EXPANSION

• AMERICA ON TECH INC

  $875,000

  PROGRAM EXPANSION

• CITY BUREAU NFP

  $875,000

  PROGRAM EXPANSION

• DEMOCRACY AT WORK INSTITUTE

  $875,000

  PROGRAM EXPANSION

• DIGITAL PROMISE GLOBAL

  $875,000

  PROGRAM EXPANSION

• FAIR COUNT INC

  $875,000

  PROGRAM EXPANSION

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

Provenance

Return type

form_990

Tax year

2025

Filed

14 August 2026

IRS schema version

2025v4.2

Source object

202632379349302128

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

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