Nonprofit screen
Screen a listCenter for a New Economy Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$2.0Mrevenue
FY2024 · −19% in 3 yrs13staff
7 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−0.9%
Months of reserve0.9mo
Revenue growth (annualized)−21.9%
Middle half of peersMedianCenter for a New Economy
Where the money goes FY2024 · $2.0M spent
Programs$1.5M76%Management and general$335k17%Fundraising$146k7%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$391k in FY2022, −$7k in FY2023 and −$19k in FY2024. Cash covers 0.9 months, under the peer median of 4.1.
990 Part I and balance sheetIn its favor2
Strong governance
10 of 11 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 3 of its 3 returns, 13% of revenue in FY2023.
990 Part VIII31funders
$708ka year, last 3 years
19%from its largest funder
Funder’17’18’19’20’21’22’23The Simons Foundation IncStopped after FY2021$231k$181k–Laura and John Arnold FoundationNew in FY2023$400kThe Rockefeller FoundationOn and off$150k$3k$200k$5kMedtronic Communities FoundationSince FY2022$125k$125kGlenn Greenberg and Linda Vester Foundation IncNew in FY2023$200kFundacion ColibriOn and off$150kDonor-advised giftsDonors not disclosed$28k$38k$23k$261k$249k$343k$84k11 other fundersUp to $100k a year each$103k$125k$130k$135k$39k$100k$75k
FundedThrough a donor-advised fundStopped