NonprofitsNew Community Project Inc

Youth Development

New Community Project Inc

NEW YORK, NY

Total revenue

$371K

Total expenses

$322K

Net assets

$141K

Grants received

$435K

8 grants

EIN

881121024

Tax year

2024

Mission

NewComm is a 501(c)(3) educational nonprofit organization that operates a curated learning community for high school students from low income communities. The organization provides academic support, leadership development, and college preparation through community impact projects, mentorship, and partnerships with local companies.

Financials

FY 2024

Revenue

Contributions & grants$371K
Program service revenue
Investment income
Other revenue
Total revenue$371K

Expenses

Grants paid
Salaries & benefits$91K
Fundraising$9K
Other expenses$231K
Total expenses$322K
Total assets$141K
Net assets$141K

People

8 listed

NameRoleCompensation

Chidi Asoluka

Founder and CEO

Board

$75K

30 hrs/wk

Ofunne Edoziem

Founding Board Member and Secretary

Board

1 hrs/wk

Alex Brunson

Board Member

Board

1 hrs/wk

Margo Alexandra Boykins

Board Member

Board

1 hrs/wk

Mim Richardson

Board Member

Board

1 hrs/wk

Benito Piuzzi

Board Chair

Board

1 hrs/wk

Lizabeth Murphy

Board Member

Board

1 hrs/wk

Gina Monahan

Board Member

Board

1 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$100K
EDUCATION AND ACADEMIC SUPPORT
2024
$35K
GENERAL OPERATING SUPPORT
2024
$26K
GENERAL OPERATING SUPPORT
2024
$121K
NEWCOMM FELLOWS
2023
$22K
GENERAL OPERATING SUPPORT
2023
$12K
THE NEW COMMUNITY PROJECT 2024 ECLIPSE COLLABORATION GIFT
2023
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$110K
NEWCOMM SUMMER INSTITUTE
2022

Funded by

$435K from 5 funders · 8 grants · 2022–2024

The Simons Foundation Inc

$242K · 3 grants · 2022–2023

Wayfarer Foundation

$57K · 2 grants · 2023–2024

Details

EIN881121024
NTEE codeO50
Subsection03
Ruling date2022-04
Formed2022
Employees3
Volunteers20
NEW COMMUNITY PROJECT INC — Mission, Financials & Grants Received | Grantivo