THE NEW WORLD FOUNDATION (EIN 131919791) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1954

Legal Domicile

Principal Officer

COLIN GREER

Phone

2124973476

Tax Period

2023-10-01 to 2024-09-30

THE NEW WORLD FOUNDATION, founded in 1954, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $21.2M in total revenue in fiscal year 2023. Expenses of $25.6M exceeded revenue, resulting in a 21% operating deficit.

Mission

TO SUPPORT COMMUNITY ACTIVISTS ACROSS AMERICA AND AROUND THE WORLD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $18,128,907

Program Service Revenue $123,939

Investment Income $2,897,716

Other Revenue $62,188

TOTAL REVENUE $21,212,750

Expense Breakdown

Grants Paid $17,279,665

Salaries & Benefits $2,992,069

Fundraising Expenses $212,641

Program Expenses $23,390,782

Other Expenses $5,329,829

TOTAL EXPENSES $25,601,563

Year-over-Year Comparison

	2023	2022	Change
Revenue	$21,212,750	$20,326,734	+0.0%
Expenses	$25,601,563	$24,684,927	+0.0%
Net Income	$-4,388,813	$-4,358,193	+0.0%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✓ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$773,504

Total Directors

Key Employees

$341,510

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED AZCARATE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JONATHAN GLIONNA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LINDA COLON	TREASURER	1.00	Officer Director	$0	$0	$0
CYNTHIA CHOI	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID HARRISON	BOARD DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH HINES	BOARD DIRECTOR	1.00	Director	$0	$0	$0
MAY BETH MAXWELL	BOARD DIRECTOR	1.00	Director	$0	$0	$0
VINCENT WARREN	BOARD DIRECTOR	1.00	Director	$0	$0	$0
KENT WONG	BOARD DIRECTOR	1.00	Director	$0	$0	$0
COLIN GREER	PRESIDENT	40.00	Officer	$375,540	$108,777	$484,317
BEATA PUDELKO	DIR. OF FINANCE & ADMINISTRATION	40.00	Officer	$203,164	$86,023	$289,187
ROBERT DANDREW	DIR. OF THE LOCAL ECON. PROJECT	40.00	Key Emp	$250,543	$90,967	$341,510
HEETEN KALAN	PROGRAM OFFICER	40.00	Highest	$185,587	$93,375	$278,962
NOAH BERNSTEIN	PROGRAM OFFICER	40.00	Highest	$147,831	$86,567	$234,398
JOSHUA COHEN	NETWORK DIRECTOR	40.00	Highest	$115,881	$51,071	$166,952
MIROSLAWA ZALEWSKA	FINANCE ASSOCIATE	40.00	Highest	$109,564	$31,290	$140,854
RAHEL TEKOLA	PROGRAM OFFICER	40.00	Highest	$104,409	$44,638	$149,047

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$21,212,750	$25,601,563	$122,021,495	$-4,388,813
2023	$20,326,734	$24,684,927	$123,511,998	$-4,358,193
2022	$12,484,284	$16,130,873	$124,496,787	$-3,646,589
2021	$14,635,341	$23,695,830	$131,879,332	$-9,060,489
2020	$43,812,072	$24,083,544	$187,057,457	$19,728,528
2019	$56,795,840	$17,293,169	$164,734,995	$39,502,671
2018	$47,270,569	$17,781,563	$124,997,673	$29,489,006

THE NEW WORLD FOUNDATION