New Rural Project

EIN: 863220083

Charlotte, NC

Total Revenue
$807,671
Total Expenses
$629,571
Total Assets
$305,380
Net Assets
$305,380
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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NC
Principal Officer
Cynthia Wallace
Phone
9802970689
Tax Period
2022-01-01 to 2022-12-31

New Rural Project, founded in 2021, is a small nonprofit that reported $808K in total revenue in fiscal year 2022. Revenue surged 207% from the prior year, signaling strong growth momentum. The organization ran a surplus of $178K, a strong 22% operating margin.

Mission

New Rural Project engages young and marginalized residents in rural communities to amplify their voices through increased civic and electoral engagement. The organization works to eliminate barriers to engagement by listening to rural stakeholders and working together to develop community-driven solutions.

Program Service Accomplishments

Program 1
Expenses: $184,167 Revenue: $0

Listening - For New Rural Project, amplifying the voices of rural voters and understanding their issues and concerns begins and ends with listening. In 2022, New Rural Project contracted with Change...

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Listening - For New Rural Project, amplifying the voices of rural voters and understanding their issues and concerns begins and ends with listening. In 2022, New Rural Project contracted with Change Research to conduct a 400 person poll with Black, Hispanic and Native American infrequent voters in our seven rural counties Information gathered allowed us to understand the critical issues for our base constituency and laid the groundwork for the programs we are launching. Based on the data from the 2020 election and on learnings from our 2021 focus group of Black infrequent male voters led by Change Research, we decided we could advance our work by hosting what we called "Barbershop Conversations." This four-part weekly series brings together local community leaders, entrepreneurs, and elected officials with young Black men to discuss issues important to them, such as the justice system, crime, voting, civic engagement, and more. In 2020 it was expanded into 3 New Rural Project rural counties.

Program 2
Expenses: $131,547 Revenue: $0

Civic Engagement - New Rural Project directly engages with folks in our community to gain a better understanding of their priorities and to help support their greatest needs becoming a trusted...

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Civic Engagement - New Rural Project directly engages with folks in our community to gain a better understanding of their priorities and to help support their greatest needs becoming a trusted partner. Vaccine and Community Events - In 2022, New Rural Project continued to host COVID-19 community vaccination events working to help rural populations of color receive vaccinations. Health professionals administered the vaccines, and we partnered with other local community groups to turn these vaccine events into community events providing essential services. In advance of our community events we canvassed and phone banked to ensure information about COVID-19 vaccines and our free events reached the communities closest to our events. New Rural Project also partners with other non-profit organizations to host webinars to help educate the public on the impact of various legislation and litigation connected to topics like public education funding and federal elections. We also speak with community college students hosting training sessions about civic and electoral engagement, how local elections impact daily life, and how one can speak at local government meetings. New Rural Project created the Young People's Conversations (YPC) series, a quarterly event to engage millennials and GenZ voters and amplify their voices and experiences. Panel discussions were held over Zoom, live streamed on our social media, and shared on our YouTube page.

Program 3
Expenses: $210,476 Revenue: $0

Electoral Engagement - Our goal is to have meaningful contact with infrequent registered voters of color to identify the barriers to their electoral participation and identify solutions to those...

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Electoral Engagement - Our goal is to have meaningful contact with infrequent registered voters of color to identify the barriers to their electoral participation and identify solutions to those barriers. Using staff members, volunteers and paid canvassers, we worked to educate these communities on how they could vote, when and where they could vote, and provided opportunities to meet the candidates and elected officials that would be on their General Election ballots. In the months leading up to both the May primary and November general election we did the following: 1) ran a six to seven day a week paid non-partisan canvassing program in four of our seven focus counties, 2) implemented a paid live phone and texting program, 3) implemented a direct mail campaign, 4) conducted weekly phone banking, 5) partnered with local organizations to hold five "Candidate Conversation" events, and 6) put together an effective radio and social media program.

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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 (2022)

Revenue Breakdown

Contributions & Grants $807,671
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $807,671

Expense Breakdown

Grants Paid $0
Salaries & Benefits $326,734
Fundraising Expenses $15,714
Program Expenses $526,190
Other Expenses $293,799
TOTAL EXPENSES $629,571

Year-over-Year Comparison

2022 2021 Change
Revenue $807,671 $263,008 +2.1%
Expenses $629,571 $135,728 +3.6%
Net Income $178,100 $127,280 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
4
Employees
46
Volunteers
100

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
$68,462
Total Directors
5
$33,095
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cynthia Wallace Executive Director 40
Officer
$68,462 $0 $68,462
Helen Probst Mills Board Vice Chair - Policy and Operations Director 20
Director
$33,095 $0 $33,095
Douglas Wilson Board Chair 0.5
Director
$0 $0 $0
Kristin Heidkamp Board Member - Secretary 0.5
Director
$0 $0 $0
Christina Davis McCoy Board Member - Treasurer 0.5
Director
$0 $0 $0
Jaimie Hildredth Board Member 0.5
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 No data No data No data No data
2022 $807,671 $629,571 $305,380 $178,100
2021 $263,008 $135,728 $127,280 $127,280
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