New York · Nonprofit
NEW COMMUNITY PROJECT INC
NEW COMMUNITY PROJECT INC (New York) receives grants from 5 organizations whose IRS filings report $660,070 to it, the largest being THE SIMONS FOUNDATION INC ($242,070). 4 of them have funded it in more than one year.
- Revenue FY2024
- $371k
- Funders on record
- 5
- Grants received
- $660k
- Net assets
- $141k
What New Community Project Inc does
Mission
NewComm is an educational organization providing academic enrichment, college preparation, and leadership development services to low income high school students through project-based learning and community engagement
As stated on its FY2024 Form 990.
Programs
NewComm is a learning community of Fellows and Members that supports high school students in using core academic subjects-literary analysis and mathematics-to design and implement $10,000 community projects. Over two years, our students have impacted 300+ people through their community work. The program begins with a four-week summer institute combining literary analysis, data study, and fieldwork, . Students study literary works to explore societal challenges and apply these insights to real-world contexts through our "literary science" approach. Throughout the year, students participate in monthly design studios, virtual math roundtables, and SAT preparation programming-with students averaging 200-point increases in their first year of operation. They receive stipends and mentorship to execute their projects and prepare for college. The Net Gala connects 100 NYC students with 50 industry professionals, facilitating networking, mentorship, and discussions about healthcare careers. Students bring resumes and explore internship opportunities, fostering relationships that influence their future paths. The NewComm Supper Club is an intimate, invitation-only dinner series where…
$242,772 spent$370,799 earned by the program100% of program spendingOther program services, not described on the e-filed return.
$0 spent0% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $242,772.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $101k to $141k (+40%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of NEW COMMUNITY PROJECT INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (83% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Chidi Asoluka
Founder and CEO
Board chair
Benito Piuzzi
Board Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2022 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $110k → $154k.
1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NEW COMMUNITY PROJECT INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
NEW COMMUNITY PROJECT INC leans on a few funders — its largest provides 37% of grant income and the top three 87%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2022 100% · 2023 86% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
90% of NEW COMMUNITY PROJECT INC's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $110k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
NEW COMMUNITY PROJECT INC has grown faster than three-quarters of the 5,705 youth development nonprofits its size.
this organization peer median middle 50% of peers· 5,705 youth development nonprofits $100k–$1M, FY2024
Organizations like NEW COMMUNITY PROJECT INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for NEW COMMUNITY PROJECT INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NEW COMMUNITY PROJECT INC?
- NEW COMMUNITY PROJECT INC (New York) receives grants from 5 organizations whose IRS filings report $660,070 to it, the largest being THE SIMONS FOUNDATION INC ($242,070). 4 of them have funded it in more than one year.
- How many funders does NEW COMMUNITY PROJECT INC have?
- IRS filings report 5 organizations giving $660,070 in grants to NEW COMMUNITY PROJECT INC, 4 of which have funded it in more than one year.
- Who is the largest funder of NEW COMMUNITY PROJECT INC?
- THE SIMONS FOUNDATION INC is the largest funder on record, with $242,070 in grants. The full list of funders is on this page.
- How can an organization like NEW COMMUNITY PROJECT INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds New Community Project →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing