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Washington, D.C. · Nonprofit

NEWDEAL

NEWDEAL (Washington, D.C.) receives grants from 11 organizations whose IRS filings report $950,000 to it, the largest being CONFLUENCE ADVOCACY INC ($375,000). 6 of them have funded it in more than one year.

Revenue FY2025
$1.1M
Funders on record
11
Grants received
$950k
Net assets
$774k
6/11 repeat funderspeak grant-dependency 23%
01What it does

What Newdeal does

Mission

The Newdeal has worked to advance the public interest by providing opportunities for state and local elected officials to share pro-growth progressive ideas publicly, with each other, and with policy and other experts.

As stated on its FY2025 Form 990.

Program

  1. The Newdeal has worked to advance the public interest by providing opportunities for state and local elected officials to share pro-growth progressive ideas publicly, with each other, and with policy and other experts.

    $949,307 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $949,307.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.

100 = 20172017 Revenue 100 ($583k) Expenses 100 ($602k) Net assets 100 ($284k)2018 Revenue 110 ($640k) Expenses 128 ($770k) Net assets 54 ($153k)2019 Revenue 121 ($705k) Expenses 120 ($723k) Net assets 48 ($135k)2020 Revenue 130 ($758k) Expenses 123 ($743k) Net assets 53 ($151k)2021 Revenue 164 ($958k) Expenses 100 ($600k) Net assets 179 ($509k)2022 Revenue 207 ($1.2M) Expenses 159 ($956k) Net assets 267 ($758k)2023 Revenue 194 ($1.1M) Expenses 207 ($1.2M) Net assets 227 ($644k)2024 Revenue 313 ($1.8M) Expenses 213 ($1.3M) Net assets 418 ($1.2M)2025 Revenue 194 ($1.1M) Expenses 257 ($1.5M) Net assets 273 ($774k)
'17'18'19'20'21'22'23'24'25
Revenue (194)Expenses (257)Net assets (273)Peer revenue range

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 $695k to $1.2M (+74%).

$326k
$211k
$142k
$152k
$515k
$791k
$695k
$1.2M
$912k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of NEWDEAL’s revenue is contributions — more reliant on donations than three-quarters of its peers (60% for the typical peer).

This organization
Typical peer · 4,444 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$19k
’17
−$130k
’18
−$18k
’19
$16k
’20
$358k
’21
$250k
’22
−$114k
’23
$542k
’24
−$413k
’25
2.2
months of
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

Debbie Cox Bultan

CEO & secretary

Board chair

Helen Milby

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed141410111111121211
Joined·+2+0+3+1+1+6+0+0
No longer listed·24211501
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 3 funders, grant income fell $135k → $100k.

From the IRS filings of NEWDEAL’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

NEWDEAL leans on a few funders — its largest provides 39% of grant income and the top three 77%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEWDEAL.

39%
largest funder
77%
top three
~4
effective funders

Largest funder’s share by year: 2017 74% · 2018 42% · 2019 42% · 2020 38% · 2021 70% · 2022 57% · 2023 75% — broadly stable.

“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.

How long its funders stay

50% of NEWDEAL's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

NEWDEAL draws 51% of its grant income from funders outside Washington, D.C., across 3 states in all.

VA
AR
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

NEWDEAL has grown faster than half of the 2,299 community improvement nonprofits its size.

Operating margin−36% · bottom quartile
Months of reserve2.2mo · bottom quartile
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 2,299 community improvement nonprofits $1M–$10M, FY2025

Organizations like NEWDEAL

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 Washington, D.C.

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

61% of spending goes to programs.

Program 61%Management 26%Fundraising 13%

Governance

10
board members
90%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for NEWDEAL: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 NEWDEAL?
NEWDEAL (Washington, D.C.) receives grants from 11 organizations whose IRS filings report $950,000 to it, the largest being CONFLUENCE ADVOCACY INC ($375,000). 6 of them have funded it in more than one year.
How many funders does NEWDEAL have?
IRS filings report 11 organizations giving $950,000 in grants to NEWDEAL, 6 of which have funded it in more than one year.
Who is the largest funder of NEWDEAL?
CONFLUENCE ADVOCACY INC is the largest funder on record, with $375,000 in grants. The full list of funders is on this page.
How can an organization like NEWDEAL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. 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 Newdeal →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 11 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