2017-07-12T14:25:13-05:00 2016-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBOROUGH MA 01581 990 2016-01-01 043396766 NEW PROFIT INC NEWP 6179128800 200 CLARENDON STREET 44TH FLOOR BOSTON MA 02116 DOUG BORCHARD MANAGING DIRECTOR AND COO 6179128800 2017-06-29 1 MATTHEW HUTT CPA P01070603 5083669100 2017-06-29 64.197.103.66 2017-06-29 16:11:41 ED P C3B1CA5E9EDD1B55B0F6E2DA0EC022650C85F82C E389E89C54D8B2D0E67DFD5473BAB8CDEAF766EE 2016 2021-01-29 14:40:06Z DOUG BORCHARD 200 CLARENDON STREET 44TH FLOOR BOSTON MA 02116 39267428 0 X WWW.NEWPROFIT.ORG X 1997 MA PLEASE REFER TO OUR WEBSITE (WWW.NEWPROFIT.ORG) FOR DESCRIPTIONS OF OUR MISSION, PROGRAMS AND SUPPLEMENTAL 990 INFORMATION. 16 12 86 16 0 0 37221348 38960652 0 9379 1653 14667 74488 282730 37297489 39267428 16615286 12308719 0 0 8450298 8812165 0 0 726592 5413060 5260591 30478644 26381475 6818845 12885953 45206507 56303188 3128377 1496181 42078130 54807007 X NEW PROFIT INC. IS A NONPROFIT SOCIAL INNOVATION ORGANIZATION AND VENTURE PHILANTHROPY FUND SEEKING TO INCREASE SOCIAL MOBILITY FOR FAMILIES AND COMMUNITIES BY ACCELERATING THE BEST IDEAS ACROSS THE NATION. THE ORGANIZATION COLLABORATES WITH A DIVERSE GROUP OF INVESTORS AND PARTNERS FROM ACROSS SECTORS TO ADVANCE SOCIAL INNOVATIONS AND DRIVE SYSTEMIC CHANGE, ULTIMATELY TRANSFORMING THE LIVES OF CHILDREN, FAMILIES, AND COMMUNITIES. 0 0 5596499 3640000 THROUGH ITS PORTFOLIO INVESTMENT PROGRAM, NEW PROFIT INVESTS FINANCIAL AND INTELLECTUAL CAPITAL IN A PORTFOLIO OF SOCIAL ENTREPRENEUR-LED ORGANIZATIONS (DESCRIBED AS PORTFOLIO ORGANIZATIONS) AND HELPS THEM TO GROW THEIR ORGANIZATIONS, INCREASE THE SCALE AND QUALITY OF THEIR IMPACT, EXPAND THEIR NETWORKS, AND TRANSFORM THEIR FIELDS. THE PORTFOLIO INVESTMENT TEAM SUPPORTS THESE ORGANIZATIONS IN NAVIGATING CHALLENGES AND TRACKING THEIR PROGRESS IN FIVE MAJOR AREAS-IMPACT AND INNOVATION, GROWTH, LEADERSHIP AND GOVERNANCE, ORGANIZATIONAL STRATEGY, AND METRICS. A STRATEGIC PARTNERSHIP WITH DELOITTE ENABLES NEW PROFIT TO PROVIDE ADDITIONAL SUPPORT TO SOCIAL ENTREPRENEURS AND THEIR ORGANIZATIONS, INCLUDING STRATEGIC GROWTH PLANNING AND EXECUTIVE COACHING. ORGANIZATIONS FUNDED THROUGH THE INNOVATION FUND HAVE RECEIVED $1,119,560 OF DONATED CONSULTING SERVICES THROUGH A PRO-BONO AGREEMENT WITH DELOITTE. CERTAIN COMPONENTS OF NEW PROFIT'S PORTFOLIO INVESTMENT PROGRAM, EXPANDING BEYOND THE PORTFOLIO SUPPORT DESCRIBED ABOVE, ARE EXECUTED THROUGH NEW PROFIT'S ISSUE BASED FOCUS FUNDS, WHICH BRING LIKE-MINDED SOCIAL ENTREPRENEURS, PHILANTHROPISTS AND INSTITUTIONAL DONORS, RESEARCHERS, POLICY EXPERTS, AND OTHER CROSS - SECTOR PARTNERS TOGETHER FOR INTENSIVE COLLABORATION AIMED AT CATALYZING NEW APPROACHES AND BREAKING THROUGH ON INTRACTABLE CHALLENGES. AS OF DECEMBER 31, 2016, NEW PROFIT HAD FIVE FOCUS FUNDS AND ARE DESCRIBED AS SEPARATE PROGRAMS IN PART III. 6446207 3609000 THE REIMAGINE LEARNING FUND IS A COLLABORATIVE EFFORT ESTABLISHED TO CREATE A COMMUNITY OF LEARNING AND ACTION IN ORDER TO ELIMINATE SILOS BETWEEN AREAS ON THE OUTSKIRTS OF EDUCATION REFORM AND TO NURTURE A COMPREHENSIVE MOVEMENT THAT ADDRESSES THE HOLISTIC NEEDS OF EVERY CHILD, PARTICULARLY THOSE WITH LEARNING DIFFERENCES OR SOCIAL EMOTIONAL OR MENTAL HEALTH ISSUES. THE VISION FOR THE FUND IS THAT EVERY CHILD IS EQUIPPED WITH THE SKILLS TO MASTER LEARNING AND REALIZE HIS OR HER POTENTIAL. THE SERVICES PROVIDED TO THE PORTFOLIO ORGANIZATIONS ALSO INCLUDE THOSE PROVIDED WITHIN THE INNOVATION FUND. ORGANIZATIONS FUNDED THROUGH THE REIMAGINE LEARNING FUND HAVE RECEIVED $322,200 OF DONATED CONSULTING SERVICES THROUGH A PRO-BONO AGREEMENT WITH DELOITTE. 3512382 2984119 THE PATHWAYS FUND IS A PUBLIC/PRIVATE FUNDING PARTNERSHIP AMONGST THE ORGANIZATION, THE CORPORATION FOR NATIONAL AND COMMUNITY SERVICE'S (CNCS) SOCIAL INNOVATION FUND AND SEVERAL CORPORATE FOUNDATIONS. THE MISSION OF THE PATHWAYS FUND IS TO STRENGTHEN THE BRIDGE BETWEEN EDUCATION AND WORKFORCE DEVELOPMENT, SO THAT MORE LOW-INCOME YOUTH HAVE OPPORTUNITIES TO BUILD SUSTAINABLE LIVELIHOODS. THE PATHWAYS FUND REPRESENTS AN UNPRECEDENTED COLLECTIVE EFFORT BY A CROSS-SECTOR NETWORK OF INVESTORS AND HIGH PERFORMING NONPROFIT ORGANIZATIONS TO DELIVER MEASURABLE, SUSTAINABLE IMPACT FOR INDIVIDUALS, COMMUNITIES, AND EDUCATION TO EMPLOYMENT PIPELINES. EACH OF THE SIX PATHWAYS FUND SUB-GRANTEE ORGANIZATIONS PROVIDES A SET OF COMPREHENSIVE, TARGETED SUPPORTS FOR VULNERABLE, HIGH-RISK YOUTH GETTING THEM TO AND THROUGH COLLEGE AND INTO THE ECONOMIC MAINSTREAM. NEW PROFIT PARTNERS CLOSELY WITH EACH ORGANIZATION TO STRENGTHEN ITS OPERATIONS, IMPROVE ITS PROGRAMMATIC IMPACT, AND SCALE ITS INTERVENTIONS NATIONALLY. THE SERVICES PROVIDED TO THE PORTFOLIO ORGANIZATIONS ALSO INCLUDE THOSE PROVIDED WITHIN THE INNOVATION FUND. THIS PROGRAM ENDED IN 2016. 1314441 604800 292109 THE EARLY LEARNING FUND (LAUNCHED IN 2014) SEEKS A WORLD WHERE ALL CHILDREN HAVE A START IN THEIR EARLIEST YEARS OF LIFE THAT SETS THEM ON A COURSE TO FULFILL THEIR POTENTIAL. EXTRAORDINARY ADVANCES IN NEUROBIOLOGY AND BEHAVIORAL SCIENCE, TOGETHER WITH INCREASING PUBLIC RECOGNITION OF THE IMPORTANCE OF A STRONG START, HAVE CREATED A DYNAMIC OPPORTUNITY FOR TRANSFORMATIVE CHANGE IN THE EARLY LEARNING FIELD. THE FUND IS WORKING TO CONNECT AND ALIGN RESEARCHERS, PRACTITIONERS, FUNDERS, AND POLICYMAKERS TO PURSUE A SHARED ACTION AGENDA AND INVESTING IN ORGANIZATIONS, PILOTS AND PARTNERSHIPS THAT HAVE THE POTENTIAL TO LIFT UP NEW APPROACHES TO WHOLE-CHILD DEVELOPMENT AND ENABLE EFFECTIVE EARLY LEARNING FOR ALL CHILDREN AT SCALE. THE SERVICES PROVIDED TO THE PORTFOLIO ORGANIZATIONS ALSO INCLUDE THOSE PROVIDED WITHIN THE INNOVATION FUND. . 1681330 1020800 THE REIMAGINE SCHOOL SYSTEMS FUND (LAUNCHED IN 2014) SEEKS TO RAPIDLY INCREASE THE NUMBER OF HIGH PERFORMING SCHOOLS SERVING LOW INCOME STUDENTS BY CHANGING THE WAY SCHOOL SYSTEMS WORK AND LIFTING UP NEW REFORM MODELS THAT CAN BE USED AT SCALE ACROSS THE COUNTRY. THIS FUND SEEKS TO CHANGE THIS SITUATION AND CREATE NEW OPPORTUNITY IN LOW-INCOME COMMUNITIES BY INVESTING IN STRATEGIES TO: (1) INFLUENCE SCHOOL DISTRICTS TO CREATE CONDITIONS AND DEMAND FOR PARTNERSHIPS BETWEEN DISTRICTS AND NON-PROFIT CHARTER SCHOOL OPERATORS, AND (2) INCREASE THE SUPPLY OF GREAT NON-PROFIT CHARTER SCHOOL OPERATORS TO MEET THAT DEMAND. THE SERVICES PROVIDED TO THE PORTFOLIO ORGANIZATIONS ALSO INCLUDE THOSE PROVIDED WITHIN THE INNOVATION FUND. ORGANIZATIONS FUNDED THROUGH THE REIMAGINE LEARNING FUND HAVE RECEIVED $705,000 OF DONATED CONSULTING SERVICES THROUGH A PRO-BONO AGREEMENT WITH DELOITTE. 1198768 450000 THE LEARN TO EARN FUND (LAUNCHED IN 2014) IS FOCUSED ON ACCELERATING PROGRESS IN EFFORTS TO DEVELOP 10 MILLION MORE CAREER-READY AMERICANS BY 2025. THE CORE OF THIS EFFORT IS REACHING MORE LOW-INCOME STUDENTS BY BUILDING AND SCALING COLLABORATION BETWEEN LARGE EMPLOYERS WHO NEED QUALIFIED EMPLOYEES AND NONPROFIT ORGANIZATIONS WORKING IN K-12 AND POST-SECONDARY EDUCATION. THE FUND SEEKS TO CATALYZE DISRUPTIVE INNOVATION IN THE SPACE, ENGAGE IN POLICY ADVOCACY TO HELP CREATE CONDITIONS FOR THOSE INNOVATIONS TO SCALE AND COLLABORATE DIRECTLY WITH LARGE EMPLOYERS WHO CAN CREATE POWERFUL JOB PIPELINES. 308951 PORTFOLIO SUPPORT SERVICES INCLUDE COSTS RELATING TO DEVELOPING AND MAINTAINING CONSISTENT PORTFOLIO ORGANIZATION MANAGEMENT, INVESTMENT SELECTION AND PROGRAM EVALUATION PRACTICES THROUGHOUT THE ORGANIZATION'S PORTFOLIO. CERTAIN COMPONENTS ARE ALLOCATED TO EACH OF THE ORGANIZATION'S PORTFOLIO INVESTMENT PROGRAMS. 3035141 NEW PROFIT ALSO CONDUCTS A VARIETY OF FIELD LEADERSHIP ACTIVITIES THAT CONSTANTLY PUSH THE SOCIAL SECTOR TO EMBRACE INNOVATION AND GENERATE NEW SOLUTIONS. THE ORGANIZATION HAS CREATED COMMUNITIES OF LEARNING FOR SOCIAL ENTREPRENEURS TO COLLABORATE, SHARE, AND NETWORK FOR MAXIMUM IMPACT. THIS ECOSYSTEM APPROACH PROVIDES THE OPPORTUNITY FOR SOCIAL ENTREPRENEURS TO LEARN FROM EACH OTHER AND COLLABORATE WITH PHILANTHROPISTS, RESEARCHERS, POLICYMAKERS, AND OTHER ESSENTIAL CONTRIBUTORS WHO ARE ALIGNED IN PURSUING SYSTEMIC CHANGE IN EDUCATION, JOBS, COMMUNITY HEALTH, POVERTY ALLEVIATION AND OTHER AREAS CRITICAL TO SOCIAL MOBILITY. THE GATHERING OF LEADERS, THE ORGANIZATION'S ANNUAL CONVENING, IS THE SIGNATURE PLATFORM FOR THIS WORK. IN ADDITION, AMERICA FORWARD IS THE ORGANIZATION'S NONPARTISAN POLICY ARM THAT UNITES POLICYMAKERS WITH SOCIAL ENTREPRENEURS TO ADVANCE A PUBLIC POLICY AGENDA THAT CHAMPIONS INNOVATIVE AND EFFECTIVE SOLUTIONS TO OUR COUNTRY'S MOST PRESSING SOCIAL PROBLEMS. AMERICA FORWARD WORKS WITH POLICYMAKERS TO FOSTER SOCIAL ENTREPRENEURSHIP, SPUR INNOVATION, IDENTIFY MORE EFFECTIVE AND EFFICIENT SOLUTIONS, REWARD RESULTS, AND CATALYZE PARTNERSHIPS ACROSS SECTORS. 7538631 2075600 292109 23093719 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 42 0 1 86 1 0 0 0 0 0 0 0 0 0 0 X 16 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA NY CA X IAN MAGEE CFO 6179128808 200 CLARENDON STREET 44TH FLOOR BOSTON MA 02116 BILL MCCLEMENTS CLERK 1.00 X X 0 0 0 JEFF WALKER CHAIRMAN 1.00 X X 0 0 0 STEVE BARNES DIRECTOR 1.00 X 0 0 0 JOSH BEKENSTEIN DIRECTOR 1.00 X 0 0 0 PAUL GROGAN DIRECTOR 1.00 X 0 0 0 DAVID HARRIS DIRECTOR 1.00 X 0 0 0 STEVE JENNINGS DIRECTOR 1.00 X 0 0 0 WENDY KOPP DIRECTOR 1.00 X 0 0 0 HENRY MCCANCE DIRECTOR 1.00 X 0 0 0 DUNCAN MCFARLAND DIRECTOR 1.00 X 0 0 0 VALERIE MOSLEY DIRECTOR 1.00 X 0 0 0 KRISTIN MUGFROD DIRECTOR 1.00 X 0 0 0 MARK NUNNELLY DIRECTOR 1.00 X 0 0 0 JIM PALLOTTA DIRECTOR 1.00 X 0 0 0 JOHN RICE DIRECTOR 1.00 X 0 0 0 MICHAEL CANNING DIRECTOR 1.00 X 0 0 0 VANESSA KIRSCH FOUNDER AND CEO 45.00 X 379795 0 21641 DOUG BORCHARD TREASURER, MANAGING PARTNER AND COO 45.00 X 279694 0 7090 DEBORAH SMOLOVER EXECUTIVE DIRECTOR OF AMERICA FORWARD 45.00 X 314061 0 21242 JACOB SCHRAMM MANAGING PARTNER, LEARN TO EARN FUND 45.00 X 245898 0 18798 DERREK SHULMAN PARTNER, SENIOR PHILANTHROPIC ADVISOR 45.00 X 225615 0 16476 ELIZA GREENBERG MANAGING PARTNER, INNOVATION FUND 45.00 X 223337 0 11066 SHRUTI SEHRA MANAGING PARTNER, REIMAGINE LEARNING AND EARLY LEA 45.00 X 220977 0 11849 KIMBERLY SYMAN MANAGING PARTNER, FIELD LEADERSHIP 45.00 X 215332 0 21339 2104709 0 129501 31 0 1 0 DELOITTE CONSULTING LLP 200 BERKELEY ST SUITE 400 BOSTON MA 02116 PORTFOLIO CONSULTING 345000 VOLITION LLC 3 SOUTH BROOK ROAD LINCOLN MA 01771 PORTFOLIO AND STRATEGY CONSULTING 297750 LOCUST STREET GROUP 100 M STREET SE SUITE 600 WASHINGTON DC 20003 STRATEGY, GRASSROOTS SUPPORT, AND REPRES 278750 HIKER 231 WEST 29TH ST SUITE 801 NEW YORK NY 10001 COMMUNICATIONS AND DESIGN 235042 EVALUATION STRATEGIES LLC 101 CONSTITUTION AVE NW SUITE 900 WASHINGTON DC 20001 EVALUATION CONSULTING 220000 5 1697913 37262739 38960652 RENTAL INCOME 900099 9379 9379 9379 14667 14667 MISCELLANEOUS 900099 282730 282730 282730 39267428 292109 0 14667 12308719 12308719 1204599 617083 511802 75714 6480090 4933852 1159396 386842 122266 94400 20239 7627 507725 369647 108282 29796 497485 358189 109447 29849 145601 145601 59164 59164 2637906 2498747 43931 95228 87532 58295 13409 15828 622436 355899 209159 57378 363250 317442 28783 17025 1051251 999667 46843 4741 RECRUITING AND TALENT 224596 96318 122354 5924 MISCELLANEOUS 68855 26297 41918 640 26381475 23093719 2561164 726592 447433 673036 13955300 15814789 30152877 39656420 650897 158943 105039 105039 0 0 45206507 56303188 1420060 993009 1708317 503172 3128377 1496181 X 600824 1460711 41477306 53346296 42078130 54807007 45206507 56303188 X 12885953 -157076 X X 0 1 X 1 1 1 X 16795036 42164797 24357429 37221348 38960652 159499262 16795036 42164797 24357429 37221348 38960652 159499262 44141995 115357267 6320 691 1990 1653 24046 34700 20950 17657 53880 74488 282730 449705 159983667 0.72110 0.74790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2012 AMOUNT: $ 20,950. 2013 AMOUNT: $ 17,657. 2014 AMOUNT: $ 53,880. 2015 AMOUNT: $ 74,488. 2016 AMOUNT: $ 282,730. 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PART XI, LINE 2D - OTHER ADJUSTMENTS: CANCELLED COMMITMENTS RECEIVABLE -157,076. PART XI, LINE 4B - OTHER ADJUSTMENTS: RETURNED GRANT PROCEEDS NETTED WITH EXPENSES IN THE FINANCIAL STATEMENTS 58,646. PART XII, LINE 4B - OTHER ADJUSTMENTS: RETURNED GRANT PROCEEDS NETTED WITH EXPENSES IN THE FINANCIAL STATEMENTS 58,646. 1 ACELERO LEARNING 63 WEST 125TH STREET 6TH FLOOR HARLEM NY 10027 300077025 CORPORATION 250000 PROGRAM EXPANSION ACHIEVEMENT NETWORK 225 FRIEND ST 704 BOSTON MA 02114 203289870 501 ( C ) 3 1500000 PROGRAM EXPANSION BRANCHING MINDS 1407 BROADWAY 24TH FLOOR NEW YORK NY 10018 463275236 CORPORATION 200000 PROGRAM EXPANSION BRAVEN 1046 W KINZIE SUITE 301 CHICAGO IL 60642 464340594 501 ( C ) 3 50000 PROGRAM EXPANSION CITY CONNECTS (DBA TRUSTEES OF BOSTON COLLEGE) 140 COMMONWEALTH AVE 129 LAKE ST CHESTNUT HILL MA 02467 042103545 CORPORATION 150000 PROGRAM EXPANSION CITY YEAR 287 COLUMBUS AVE BOSTON MA 02116 201055716 501 ( C ) 3 150000 PROGRAM EXPANSION CODE2040 785 MARKET ST SUITE 850 SAN FRANCISCO CA 94103 455026246 501 ( C ) 3 50000 PROGRAM EXPANSION COLLEGE SUMMIT INC 1763 COLUMBIA ROAD NW 2ND FLOOR WASHINGTON DC 20009 522007028 501 ( C ) 3 514134 PROGRAM EXPANSION EDUCATORS FOR EXCELLENCE 333 WEST 39TH STREET SUITE 703 NEW YORK NY 10018 273382030 501 ( C ) 3 250000 PROGRAM EXPANSION EDUCATION CITIES PO BOX 11547 MEMPHIS TN 38111 464187825 501 ( C ) 3 100000 PROGRAM EXPANSION ENLEARN 400 N 34TH ST 310 SEATTLE WA 98103 461009728 501 ( C ) 3 250000 PROGRAM EXPANSION PROJECT EYE TO EYE INC 1430 BROADWAY 6TH FLOOR NEW YORK NY 10018 510570498 501 ( C ) 3 250000 PROGRAM EXPANSION FAMILY INDEPENDENCE INITIATIVE 5539 DEER RUN DRIVE EL SOBRANTE CA 94803 651187733 501 ( C ) 3 500000 PROGRAM EXPANSION FOODCORPS 281 PARK AVE S NEW YORK NY 10010 273990987 501 ( C ) 3 250000 PROGRAM EXPANSION FOUND IN TRANSLATION 649 MASSACHUSETTS AVE SUITE 6 CAMBRIDGE MA 02139 453302596 501 ( C ) 3 50000 PROGRAM EXPANSION GO PUBLIC SCHOOLS 134 LINDEN ST OAKLAND CA 94607 271025753 501 ( C ) 3 100000 PROGRAM EXPANSION IMENTOR INCORPORATED 30 BROAD STREET 9TH FLOOR NEW YORK NY 10004 300105507 501 ( C ) 3 605614 PROGRAM EXPANSION INNOVATE PUBLIC SCHOOLS 1400 PARKMOOR AVE NO 240 SAN JOSE CA 95126 462155826 501 ( C ) 3 250000 PROGRAM EXPANSION JOAN GANZ COONEY CENTER FOR EDUCATIONAL MEDIA AND RESEARCH INC ONE LINCOLN PLAZA NEW YORK NY 10023 208783702 501 ( C ) 3 64800 PROGRAM EXPANSION LEADING EDUCATORS 1824 ORETHA CASTLE HALEY BLVD NEW ORLEANS LA 70113 451447048 501 ( C ) 3 250000 PROGRAM EXPANSION LEAP INNOVATIONS C/O 1871 222 W MERCHANDISE MART PLAZA SUITE 1212 CHICAGO IL 60654 464784152 501 ( C ) 3 250000 PROGRAM EXPANSION LEARNING INNOVATION FUND (MIT MEDIA LAB) 77 MASSACHUSETTS AVENUE NE49-3142 CAMBRIDGE MA 02139 042103594 501 ( C ) 3 100000 PROGRAM EXPANSION LIFT INC 800 7TH STREET NW WASHINGTON DC 20001 522168409 501 ( C ) 3 250000 PROGRAM EXPANSION MANAGEMENT LEADERSHIP FOR TOMORROW 5335 WISCONSIN AVENUE NW WASHINGTON DC 20015 521795164 501 ( C ) 3 250000 PROGRAM EXPANSION THE MATCH FOUNDATION INC 215 FOREST HILLS STREET JAMAICA PLAIN MA 02130 043476160 501 ( C ) 3 450000 PROGRAM EXPANSION NEIGHBORHOOD TRUST FINANICAL PARTNERS 530 W 166TH ST 4TH FLOOR NEW YORK NY 10032 133849263 501 ( C ) 3 50000 PROGRAM EXPANSION NEW AMERICAN LEADERS PROJECT 121 AVENUE OF THE AMERICAS 6TH FLOOR NEW YORK NY 10013 132612524 501 ( C ) 3 50000 PROGRAM EXPANSION NEW CLASSROOMS 1250 BROADWAY 30TH FLOOR NEW YORK NY 10001 452736163 501 ( C ) 3 250000 PROGRAM EXPANSION NEW POLITICS LEADERSHIP ACADEMY 1 EMERSON PLACE 16C BOSTON MA 02114 462202997 501 ( C ) 3 20800 PROGRAM EXPANSION NEW TEACHER CENTER 725 FRONT STREET NO 400 SANTA CRUZ CA 95060 262427526 501 ( C ) 3 709000 PROGRAM EXPANSION NEW YORK UNIVERSITY 70 WASHINGTON SQUARE SOUTH NEW YORK NY 10012 135562308 501 ( C ) 3 199135 PROGRAM EXPANSION POLIS POLITICS 100 N WASHINGTON ST FL 1 BOSTON MA 02114 475408610 CORPORATION 50000 PROGRAM EXPANSION POWERMYLEARNING 520 8TH AVE 10TH FLOOR NEW YORK NY 10018 133935309 501 ( C ) 3 150000 PROGRAM EXPANSION REGENTS FOR THE UNIVERSITY OF CALIFORNIA AT BERKELEY 2150 STATTUCK AVE BERKELEY CA 04704 956002123 501 ( C ) 3 240554 PROGRAM EXPANSION SINGLE STOP USA 123 WILLIAM STREET NEW YORK NY 10038 208837690 501 ( C ) 3 337960 PROGRAM EXPANSION SIRUM 150 ALMA STREET UNIT 116 MENLO PARK CA 94025 271103057 501 ( C ) 3 50000 PROGRAM EXPANSION SOLIDAGO FOUNDATION 150 MAIN ST 24 NORTHHAMPTON MA 01068 202963670 501 ( C ) 3 100000 PROGRAM EXPANSION THIRD SECTOR CAPITAL PARTNERS 200 CLARENDON ST 44TH FLOOR BOSTON MA 02116 461301032 501 ( C ) 3 250000 PROGRAM EXPANSION TURNAROUND FOR CHILDREN 25 WEST 45TH ST 6TH FLOOR NEW YORK NY 10036 061495529 501 ( C ) 3 750000 PROGRAM EXPANSION UNIVERSTIY OF NORTH CAROLINA - CHAPEL HILL 910 RALEIGH ROAD CHAPEL HILL NC 27514 566001383 501 ( C ) 3 150091 PROGRAM EXPANSION UNIVERSITY OF MISSOURI 800 CONLEY AVENUEE COLUMBIA MO 65211 436003859 501 ( C ) 3 108762 PROGRAM EXPANSION XPRIZE FOUNDATION 800 CORPORATE POINTE SUITE 350 CULVER CITY CA 90230 521876879 501 ( C ) 3 250000 PROGRAM EXPANSION YOUTHBUILD USA 58 DAY STREET SOMERVILLE MA 02144 223076454 501 ( C ) 3 827869 PROGRAM EXPANSION YOUTH SERVICES INC 200 CLARENDON ST 44TH FLOOR BOSTON MA 02116 461695065 501 ( C ) 3 680000 PROGRAM EXPANSION 40 4 PART I, LINE 2: NEW PROFIT'S PORTFOLIO INVESTING MODEL PROVIDES FINANCIAL AND STRATEGIC RESOURCES TO RESULTS-DRIVEN ORGANIZATIONS. NEW PROFIT PROVIDES A PORTFOLIO MANAGER TO EACH ORGANIZATION WHO WORKS CLOSELY WITH THE ORGANIZATION'S LEADERSHIP TO PROVIDE SUPPORT IN A VARIETY OF AREAS, INCLUDING IMPACT INNOVATION, LEADERSHIP AND GOVERNANCE, ORGANIZATIONAL STRATEGY, PERFORMANCE MEASUREMENT, AND MANAGEMENT AS INDICATED IN PART III OF THE FORM 990. A PORTFOLIO MANAGER ALSO HOLDS A SEAT ON THE ORGANIZATION'S BOARD OF DIRECTORS THROUGHOUT THE TERM OF NEW PROFIT'S INVESTMENT IN THE ORGANIZATION. FOR THE YEAR ENDED DECEMBER 31, 2016, NEW PROFIT INCURRED $4,965,707 OF PERSONNEL COSTS RELATING TO THE PORTFOLIO MANAGEMENT ACTIVITES AND SUPPORT TO ITS PORTFOLIO ORGANIZATIONS. THIS AMOUNT REPRESENTED APPROXIMATELY 56% OF THE TOTAL PERSONNEL COSTS OF NEW PROFIT IN 2016. X X X 0 0 0 0 0 0 0 0 0 VANESSA KIRSCH FOUNDER AND CEO 337295 0 42500 0 0 0 0 0 21641 0 401436 0 0 0 DOUG BORCHARD TREASURER, MANAGING PARTNER AND COO 249194 0 30500 0 0 0 0 0 7090 0 286784 0 0 0 DEBORAH SMOLOVER EXECUTIVE DIRECTOR OF AMERICA FORWAR 314061 0 0 0 0 0 0 0 21242 0 335303 0 0 0 JACOB SCHRAMM MANAGING PARTNER, LEARN TO EARN FUND 245898 0 0 0 0 0 0 0 18798 0 264696 0 0 0 DERREK SHULMAN PARTNER, SENIOR PHILANTHROPIC ADVISO 225615 0 0 0 0 0 0 0 16476 0 242091 0 0 0 ELIZA GREENBERG MANAGING PARTNER, INNOVATION FUND 223337 0 0 0 0 0 0 0 11066 0 234403 0 0 0 SHRUTI SEHRA MANAGING PARTNER, REIMAGINE LEARNING 220977 0 0 0 0 0 0 0 11849 0 232826 0 0 0 KIMBERLY SYMAN MANAGING PARTNER, FIELD LEADERSHIP 215332 0 0 0 0 0 0 0 21339 0 236671 0 0 0 MANAGEMENT LEADERSHIP FOR TOMORROW A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF MLT 250000 GRANT PAYMENT 0 LIFT A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF LIFT 250000 GRANT PAYMENT 0 PROJECT EYE TO EYE A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF PROJECT EYE TO EYE 250000 GRANT PAYMENT 0 CITY YEAR A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF CITY YEAR 150000 GRANT PAYMENT 0 COLLEGE SUMMIT A NEW PROFIT BOARD MEMBER SERVES ON THE BOARD OF COLLEGE SUMMIT 514134 GRANT PAYMENT 0 BAIN CAPITAL SEVERAL NEW PROFIT BOARD MEMBERS ARE MANAGING DIRECTORS AT BAIN CAPITAL 447565 RENT PAYMENTS 0 DELOITTE CONSULTING LLP A NEW PROFIT BOARD MEMBER IS A MANAGING DIRECTOR AT DELOITTE CONSULTING LLP 345000 PAYMENT FOR CONSULTING SERVICES PROVIDED 0 FORM 990, PART VI, SECTION B, LINE 11B CERTAIN EMPLOYEES OF THE ORGANIZATION REVIEW THE FORM 990 PRIOR TO THE FILING. IN ADDITION, THE FULL FORM 990 WAS REVIEWED BY NEW PROFIT'S FINANCE COMMITTEE BEFORE BEING FILED WITH THE IRS. A FULL COPY OF THE 990 WAS EMAILED TO THE ENTIRE BOARD PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE NEW PROFIT BOARD OF DIRECTORS ADOPTED A CONFLICT OF INTEREST POLICY IN 2005 AND REVISED THE DOCUMENT DURING 2009 AND 2011. ALL NEW DIRECTORS ARE GIVEN A COPY OF THE POLICY WHEN THEY ARE VOTED ONTO THE BOARD. ALL BOARD MEMBERS ARE ALSO REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS AND PROVIDE ANNUAL CONFLICT OF INTEREST SIGNOFFS. ADDITIONALLY, WHEN DIRECTORS HAVE DIRECT RELATIONSHIPS WITH CURRENT PORTFOLIO ORGANIZATIONS OR PIPELINE ORGANIZATIONS (E.G. THEY SERVE ON THE BOARD OF AN ORGANIZATION), DIRECTORS ARE ASKED TO RECUSE THEMSELVES FROM VOTING WHEN DECISIONS REGARDING THESE ORGANIZATIONS ARE MADE BY THE BOARD OF DIRECTORS. WHEN COMPENSATION OF MANAGEMENT IS DISCUSSED AND DECIDED BY THE BOARD, DIRECTORS WITH DIRECT RELATIONSHIPS WITH INDIVIDUALS ON THE MANAGEMENT TEAM ARE ASKED TO RECUSE THEMSELVES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR CERTAIN MEMBERS OF NEW PROFIT'S EXECUTIVE TEAM IS SET BY THE COMPENSATION COMMITTEE OF THE NEW PROFIT BOARD OF DIRECTORS. AS INPUT TO THIS DECISION-MAKING PROCESS, MANAGEMENT PROVIDES THE BOARD'S COMPENSATION COMMITTEE WITH SALARY DATA FOR COMPARABLE POSITIONS WITHIN COMPARABLE ORGANIZATIONS, AN ASSESSMENT OF NEW PROFIT'S PERFORMANCE AGAINST GOALS FOR THE PREVIOUS FISCAL YEAR, AND PERFORMANCE ASSESSMENTS FOR EACH STAFF MEMBER, INCLUDING A SELF-ASSESSMENT. MANAGEMENT MEETS WITH THE COMPENSATION COMMITTEE TO DISCUSS THE MATERIAL PROVIDED. THE COMPENSATION COMMITTEE THEN MEETS INDEPENDENTLY TO DETERMINE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE PROVIDED UPON REQUEST AND IN ACCORDANCE WITH APPLICABLE STATES AND FEDERAL LAWS. FORM 990, PART XI, LINE 9: CANCELLED COMMITMENTS RECEIVABLE -157,076. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.