Newdeal
- Assets
- $791.0k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Washington, DC
- Founding
- 10/2010
- Data as of
- 05/2022
- EIN
- 27-3147985
Organization Overview
Newdeal is located in Washington, DC. The organization was established in 2010. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 05/2022, Newdeal employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newdeal is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 05/2022, Newdeal generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $955.9k during the year ending 05/2022. While expenses have increased by 15.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEWDEAL HAS WORKED TO ADVANCE THE PUBLIC INTEREST BY PROVIDING OPPORTUNITIES FOR STATE AND LOCAL ELECTED OFFICIALS TO SHARE PRO-GROWTH PROGRESSIVE IDEAS PUBLICLY, WITH EACH OTHER, AND WITH POLICY AND OTHER EXPERTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Cox Bultan CEO & Secretary | Officer | 33 | $166,458 |
Jonathan Dworkin Vp, Policy & Communications | 28 | $116,104 | |
Helen Milby Chair | OfficerTrustee | 5 | $0 |
Leslie Pollner Treasurer | OfficerTrustee | 1 | $0 |
Amanda Edwards Director | Trustee | 1 | $0 |
Anne Slaughter Andrew Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $515 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,205,045 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,205,560 |
| Total Program Service Revenue | $0 |
| Investment income | $41 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,205,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $140,531 |
| Compensation of current officers, directors, key employees. | $32,322 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $333,711 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,849 |
| Payroll taxes | $33,062 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,124 |
| Fees for services: Accounting | $7,551 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $49,250 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $118,604 |
| Advertising and promotion | $0 |
| Office expenses | $10,744 |
| Information technology | $14,797 |
| Royalties | $0 |
| Occupancy | $34,487 |
| Travel | $81,045 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $91,883 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,227 |
| All other expenses | $0 |
| Total functional expenses | $955,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $721,569 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,942 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $63,497 |
| Total assets | $791,008 |
| Accounts payable and accrued expenses | $32,767 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $32,767 |
| Net assets without donor restrictions | $758,241 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $791,008 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Newdeal has recieved totaling $215,000.
| Awarding Organization | Amount |
|---|---|
Third Way Washington, DC PURPOSE: TO HELP SUPPORT OPERATIONS | $150,000 |
Walton Education Coalition Inc Bentonville, AR PURPOSE: IMPROVE EDUCATION | $25,000 |
Walton Conservation Coalition Inc Bentonville, AR PURPOSE: EDUCATION AND OUTREACH | $15,000 |
United States Telecom Association Washington, DC PURPOSE: PROGRAM SUPPORT | $15,000 |
Ncta-The Internet & Television Association Washington, DC PURPOSE: 2021 SUPPORT FOR THE NEWDEAL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Training Fund Annapolis, MD | $65,607,769 | $32,226,310 |
Center For Community Change Washington, DC | $47,020,939 | $18,160,209 |
People Incorporated Of Virginia Abingdon, VA | $22,478,644 | $16,537,740 |
Heart Of America Foundation Washington, DC | $21,952,714 | $13,311,439 |
Waterfront Partnership Of Baltimore Inc Baltimore, MD | $10,304,693 | $15,904,703 |
N Street Village Inc Washington, DC | $31,040,838 | $11,867,277 |
Lake Monticello Owners Association Lake Monticello, VA | $27,325,227 | $9,680,580 |
Competitive Enterprise Institute Washington, DC | $5,463,449 | $7,758,776 |
Building Bridges Across The River Washington, DC | $56,784,233 | $13,914,024 |
Echelon Community Services Washington, DC | $2,480,354 | $6,411,075 |
American Property Owners Alliance Washington, DC | $1,922,706 | $4,612,000 |
Baltimore Public Markets Corporation Baltimore, MD | $11,139,758 | $2,603,111 |