2019-07-15T18:40:57-05:00 2018-08-31 811227223 MANN GELON GLODNEY GUMEROVE YEE LLP 1880 CENTURY PARK EAST SUITE 950 LOS ANGELES CA 90067 990 2017-09-01 043570463 NEW SECTOR ALLIANCE INC NEWS 6176349009 360 PAYSON ROAD BELMONT MA 02478 CARLIN WEBSTER JANSON BOARD TREASURER 6176349009 2019-07-15 1 BARRY R GUMEROVE P00446251 3102773633 2019-07-15 38.122.246.122 2019-07-15 13:37:01 PD P 5E42A4292D6D4C46BA1C31F53A25DC674505F032 5C6033350B38978D4769251ED6A979561AB56917 2017 2019-02-21 02:37:17Z X HEIDI BROOKS 360 PAYSON ROAD BELMONT MA 02478 568352 0 X WWW.NEWSECTOR.ORG X 2001 MA TO ACCELERATE SOCIAL CHANGE BY STRENGTHENING ORGANIZATIONS AND DEVELOPING LEADERS. 4 4 0 64 0 0 103007 455147 1569392 113000 0 0 13785 205 1686184 568352 0 0 0 0 1766939 0 0 0 3736 433482 119858 2200421 119858 -514237 448494 64309 536220 1457 24872 62852 511348 TO ACCELERATE SOCIAL CHANGE BY STRENGTHENING ORGANIZATIONS AND DEVELOPING LEADERS 0 0 108242 488205 SOCIAL IMPACT LEADERSHIP PROGRAMS: NEW SECTOR ALLIANCE RUNS THE RESIDENCY IN SOCIAL ENTERPRISE, DESIGNING YOUR SUCCESS , AND SUMMER/SENIOR SUMMER FELLOWSHIP PROGRAMS. THROUGH THESE PROGRAMS NEW SECTOR TRAINS OUTSTANDING YOUNG PROFESSIONALS AND COLLEGE STUDENTS TO SERVE THEIR COMMUNITY BY COMPLETING CAPACITY BUILDING PROJECTS OR BY TAKING ON FULL TIME, LONG-TERM POSITIONS ON-SITE AT A NONPROFIT OR SOCIAL IMPACT ORGANIZATION OVER THE COURSE OF A YEAR. DURING THE YEAR ENDED AUGUST 31, 2018, 65 FELLOWS COMPLETED PROJECTS WITH 56 MISSION-DRIVEN ORGANIZATIONS. NEW SECTOR ALSO DESIGNS AND DELIVERS AN INTENSIVE PROFESSIONAL DEVELOPMENT TRAINING PROGRAM TO ALL FELLOWS TO BE RESILIENT IN THEIR FUTURE CAREERS AS ALUMNI OF PROFESSIONAL DEVELOPMENT PROGRAMMING. 108242 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA CA IL MN X X X MARCIA MUNDT 6176349009 PO BOX 20110 STANFORD CA 94309 CARLY JANSON WEBSTER FOUNDER & BOARD PRESIDENT 16.00 X 0 0 0 BRIAN GARSHELIS EXECUTIVE DIRECTOR 8.00 X 30600 0 0 HEIDI BROOKS BOARD TREASURER 5.00 X 0 0 0 SUSIE LEE BOARD SECRETARY 5.00 X 0 0 0 30600 0 0 0 0 0 0 0 455147 455147 PLACEMENT FEES 541610 110000 110000 HOST SITE FEES 541610 3000 3000 113000 205 205 205 568352 113205 0 0 34941 30562 3345 1034 8000 5000 2000 1000 833 700 100 33 735 735 4442 4000 342 100 1707 900 400 407 18234 18034 200 1693 1200 493 4442 2442 1000 1000 TRAINING 20567 20567 DEVELOPMENT 323 161 162 BAD DEBT EXPENSE -2500 -2500 26441 26441 119858 108242 7880 3736 8031 534720 56278 1500 64309 536220 1457 24872 1457 24872 X 62852 144218 367130 62852 511348 64309 536220 448494 0 X X 0 1 X 1 0 X 554256 613173 688865 103007 455147 2414448 1636259 2262546 2291430 1569392 113000 7872627 2190515 2875719 2980295 1672399 568147 10287075 0 484011 500381 516320 1500712 484011 500381 516320 1500712 8786363 2190515 2875719 2980295 1672399 568147 10287075 0.85410 0.82260 0.00000 X 0 X 1172806 604454 604454 568352 0 568352 724312 604454 604454 119858 0 119858 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT' SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES, THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES, THE ORGANIZATION MAY, HOWEVER BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED AND APPROVED BY MANAGEMENT, THE FINANCE COMMITTEE AND THEN THE BOARD PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES EVERY BOARD MEMBER TO FILL OUT AND SIGN FORMS, AT LEAST ANNUALLY, DISCLOSING ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS SERVES AS THE COMPENSATION COMMITTEE. ON AN ANNUAL BASIS, THE COMMITTEE MEETS AND REVIEWS THE EXECUTIVE'S PERFORMANCE AND DETERMINES THE APPROPRIATE SALARY. COMMITTEE APPROVAL IS ALSO REQUIRED ON ANY SALARY ADJUSTMENTS AND BONUSES. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AVAILABLE UPON REQUEST TO THE PUBLIC FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED AND APPROVED BY MANAGEMENT. THE FINANCE COMMITTEE AND THEN THE BOARD PRIOR TO IT BEING FILED FORM 990, PART XII, LINE 2C: THIS PROCESS HAS REMAINED UNCHANGED FROM PRIOR YEAR.