NEW PUBLIC INC

EIN: 923173452 501(c)(3) Science & Technology

OAKLAND, CA

Total Revenue
$8,857,227
Total Expenses
$4,126,809
Total Assets
$5,189,650
Net Assets
$4,730,909
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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
2022
Legal Domicile
DE
Principal Officer
DEEPTI DOSHI
Phone
5102138161
Tax Period
2024-01-01 to 2024-12-31

NEW PUBLIC INC, founded in 2022, is a community nonprofit in the Science & Technology sector that reported $8.9M in total revenue in fiscal year 2024. Revenue surged 1771345% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.7M, a strong 53% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO ENSURE THAT EVERY COMMUNITY HAS A HEALTHY DIGITAL PUBLIC SPACE BY HELPING LOCAL COMMUNITIES ACROSS AMERICA CREATE MORE FLOURISHING DIGITAL SPACES AND DEVELOPING PROTOTYPES FOR DIGITAL CONVERSATION WITH PUBLIC SERVICE MEDIA ORGANIZATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $8,854,016
Program Service Revenue $2,500
Investment Income $56
Other Revenue $655
TOTAL REVENUE $8,857,227

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,230,085
Fundraising Expenses $26,075
Program Expenses $3,185,494
Other Expenses $882,224
TOTAL EXPENSES $4,126,809

Year-over-Year Comparison

2024 2023 Change
Revenue $8,857,227 $500 +17713.5%
Expenses $4,126,809 $9 +458533.3%
Net Income $4,730,418 $491 +9633.3%
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
5
Independent Members
5
Employees
29
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
6
$472,077
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KERI PUTNAM CHAIR 1.00
Officer Director
$0 $0 $0
TALIA STROUD SECRETARY 1.00
Officer Director
$0 $0 $0
ANAND GANDHI TREASURER 1.00
Officer Director
$0 $0 $0
SCOTT HEIFERMAN DIRECTOR 1.00
Director
$0 $0 $0
ANGELA GLOVER BLACKWELL DIRECTOR 1.00
Director
$0 $0 $0
SARAH DRINKWATER TREASURER (THRU DEC 24) 1.00
Officer Director
$0 $0 $0
ELIJAH PARISER CO-DIRECTOR 40.00
Officer
$226,048 $6,678 $232,726
DEEPTI DOSHI CO-DIRECTOR 40.00
Officer
$232,895 $6,456 $239,351
ELIZABETH LUNA COO 40.00
Highest
$167,909 $7,929 $175,838
MIN LI CHAN SR PRODUCT DIRECTOR 40.00
Highest
$138,995 $18,685 $157,680
COREY CHAO MANAGING DIRECTOR, PSI 40.00
Highest
$143,557 $11,063 $154,620
ANGELICA QUICKSEY MANAGING DIRECTOR OF STRATEGIC INITIATIVES 40.00
Highest
$139,635 $14,979 $154,614
ROBERT ENNALS PRINCIPAL SOFTWARE ENGINEER 40.00
Highest
$148,265 $4,405 $152,670
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 $8,857,227 $4,126,809 $5,189,650 $4,730,418
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