Nonprofit screen
Screen a listThe New Press 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)
$4.6Mrevenue
FY2024 · −31% in 3 yrs43staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−27.2%
Months of reserve1.5mo
Revenue growth (annualized)−1.6%
Middle half of peersMedianNew Press
Where the money goes FY2024 · $5.9M spent
Programs$4.3M73%Management and general$809k14%Fundraising$764k13%990 FY2024 · Part IX line 25
Worth checking2
Government grants fell 91% in FY2023
$469k in FY2022, $40k in FY2023.
990 Part VIIIDeficits in 3 of the last 3 years
−$271k in FY2022, −$2.5M in FY2023 and −$1.3M in FY2024. Cash covers 1.5 months, under the peer median of 3.8.
990 Part I and balance sheetIn its favor1
Strong governance
17 of 18 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI69funders
$2.1Ma year, last 3 years
16%from its largest funder
Funder’17’18’19’20’21’22’23Freedom Together FoundationSince FY2019$300k$450k$300k$300k$300kThe Ford FoundationEvery year since FY2017$183k$227k$225k$175k$175k$300k$360kWellspring Philanthropic Fund IncOn and off$250k$250k$250k$250k$475kFoundation to Promote Open SocietySince FY2020$150k$150k$200k$250kJohn D and Catherine T Macarthur FoundationOn and off$150k$150k$100k$50kThe Schmidt Family FoundationOn and off$50k$125k$150kDonor-advised giftsDonors not disclosed$394k$447k$153k$823k$630k$853k$264k36 other fundersUp to $150k a year each$192k$134k$197k$214k$473k$90k$201k
FundedThrough a donor-advised fund