NEW APPROACH ADVOCACY FUND

EIN: 842269727

Washington, DC

Total Revenue
$942,980
Total Expenses
$1,270,394
Total Assets
$155,188
Net Assets
$155,188
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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
2019
Legal Domicile
DE
Phone
2027784000
Tax Period
2023-01-01 to 2023-12-31

NEW APPROACH ADVOCACY FUND, founded in 2019, is a small nonprofit that reported $943K in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 35% operating deficit.

Mission

Reforming local state and federal laws on a variety of social justice issues including but not limited to the adoption of non-punitive drug laws increases in the minimum wage and the expansion of voting rights.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $942,980
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $942,980

Expense Breakdown

Grants Paid $175,000
Salaries & Benefits $0
Fundraising Expenses $12,533
Program Expenses $1,049,000
Other Expenses $1,093,894
TOTAL EXPENSES $1,270,394

Year-over-Year Comparison

2023 2022 Change
Revenue $942,980 $4,668,424 -0.8%
Expenses $1,270,394 $5,725,350 -0.8%
Net Income $-327,414 $-1,056,926 -0.7%
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

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Governance

Voting Members
1
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Graham Boyd President 20.00
Officer Director
$0 $0 $0
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 No data No data No data No data
2023 $942,980 $1,270,394 $155,188 $-327,414
2022 $4,668,424 $5,725,350 $482,602 $-1,056,926
2021 $3,143,682 $1,627,826 $1,539,528 $1,515,856
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