2018-07-16T17:57:05-05:00 2017-08-31 811227223 MANN GELON GLODNEY GUMEROVE YEE LLP 1880 CENTURY PARK EAST SUITE 950 LOS ANGELES CA 90067 990 2016-09-01 043570463 NEW SECTOR ALLIANCE INC NEWS 6176349009 PO BOX 690743 QUINCY MA 02269 CARLIN WEBSTER JANSON CHAIR 6176349009 2018-07-16 1 BARRY R GUMEROVE P00446251 3102773633 2018-07-16 2016 2022-09-23 18:48:47Z X CARLIN JANSON WEBSTER PO BOX 690743 QUINCY MA 02269 1686184 0 X WWW.NEWSECTOR.ORG X 2001 MA TO ACCELERATE SOCIAL CHANGE BY STRENGTHENING ORGANIZATIONS AND DEVELOPING LEADERS. 10 10 116 14 0 0 688865 103007 2291430 1569392 0 0 353 13785 2980648 1686184 0 0 0 0 2770400 1766939 0 0 37209 336482 433482 3106882 2200421 -126234 -514237 603977 64309 26888 1457 577089 62852 X TO STRENGHTEN THE SOCIAL SECTOR BY ENRICHING ITS TALENT PIPELINE 0 1 2072051 1583177 SOCIAL IMPACT LEADERSHIP PROGRAMS: NEW SECTOR ALLIANCE RUNS THE RESIDENCY IN SOCIAL ENTERPRISE, IMPACT LEADERSHIP INCUBATOR, 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, 6 MONTHS OR THE SUMMER. DURING THE YEAR ENDED AUGUST 31, 2017, 55 FELLOWS COMPLETED PROJECTS WITH 65 MISSION-DRIVEN ORGANIZATIONS. NEW SECTOR ALSO DESIGNS AND DELIVERS AN INTENSIVE PROFESSIONAL DEVELOPMENT TRAINING PROGRAM TO ALL FELLOWS. 2072051 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 1 115 0 1 116 1 0 0 0 0 0 0 0 0 0 0 X 10 10 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 CARLIN JANSON WEBSTER 6176349009 PO BOX 20110 STANFORD CA 94309 ROGER KRAKOFF PRESIDENT 3.00 X X 0 0 0 LANCE BULTENA TREASURER 1.00 X X 0 0 0 LINDA HOOD DIRECTOR 3.00 X X 0 0 0 JAY LORSCH DIRECTOR 1.00 X X 0 0 0 HAP BRAKELEY DIRECTOR 1.00 X X 0 0 0 MICHAEL ETZEL DIRECTOR 1.00 X X 0 0 0 NAN GINER DIRECTOR 1.00 X X 0 0 0 ANNE SHOEMAKER DIRECTOR 1.00 X X 0 0 0 FAY SHONG DIRECTOR 1.00 X X 0 0 0 REBECCA SHIN DIRECTOR 1.00 X X 0 0 0 BARBARA THORNTON FORMER CEO AS OF FEBRUARY 2017 5.00 X 50640 0 0 BRIAN GARSHELIS EXECUTIVE DIRECTOR 40.00 X 74395 0 0 PAUL TONTHAT FORMER CEO 5.00 X 52160 0 0 177195 0 0 0 0 0 0 0 103007 2676 103007 HOST SITE FEES 541610 1524903 1524903 PLACEMENT FEES 541610 44489 44489 1569392 13785 13785 13785 1686184 1583177 0 0 111166 78196 26740 6230 1577577 1529138 35792 12647 3335 3168 67 100 47134 45720 943 471 27727 26618 832 277 125060 106301 12506 6253 24832 21107 2483 1242 15892 13508 1589 795 12274 12274 13327 11861 933 533 22534 19154 2253 1127 34998 29748 3500 1750 13144 11830 1314 22093 18779 2209 1105 BAD DEBT EXPENSE 75161 75161 TRAINING 40638 40638 DEVELOPMENT 8828 4149 4679 24701 24701 2200421 2072051 91161 37209 220176 8031 197360 165142 56278 21299 0 0 0 0 603977 64309 26888 1457 26888 1457 X 557089 62852 20000 0 577089 62852 603977 64309 -514237 0 X X 0 1 X 1 0 X 556389 554256 613173 688865 103007 2515690 1076762 1636259 2262546 2291430 1569392 8836389 1633151 2190515 2875719 2980295 1672399 11352079 0 513576 484011 500381 516320 2014288 513576 484011 500381 516320 2014288 9337791 44 0 0 0 0 44 44 44 1633195 2190515 2875719 2980295 1672399 11352123 0.82260 0.77590 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2275222 589038 589038 1686184 0 1686184 2789459 589038 589038 2200421 0 2200421 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 III, LINE 3 NEW SECTOR RAN THE RISE FELLOWSHIP PROGRAM WITHOUT AMERICORPS FUNDING FOR THE FIRST TIME. 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 COMITTEE. ON AN ANNUAL BASIS, THE COMITTEE 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.