New Community Project Inc is located in New York, NY. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Community Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, New Community Project Inc generated $178.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 26.9% each year . All expenses for the organization totaled $149.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OUR FIRST PROGRAM NEWCOMM FELLOWS LAUNCHED IN THE SUMMER OF 2023 AT FORDHAM UNIVERSITY WITH A COHORT OF 11 INAUGURAL FELLOWS. FELLOWS IS A ACADEMIC INTERNSHIP THAT LEVERAGES THE SCIENTIFIC STUDY OF A LITERARY NOVEL TO DESIGN, REFINE, AND EXECUTE LOCAL SOCIAL IMPACT PROJECTS. FELLOWS OFFERS STUDENTS THE MULTI-YEAR OPPORTUNITY TO COLLABORATE WITH US, RECEIVE A STIPEND, AND DEVELOP INNOVATIVE SOLUTIONS TO LOCAL ISSUES. THE PROGRAM BEGINS EACH SUMMER, FOCUSING ON ENHANCING CRITICAL READING, WRITING, DATA GATHERING, AND PROJECT PLANNING SKILLS. FIELDWORK COMPLEMENTS CLASSROOM LEARNING, WITH OPPORTUNITIES LIKE SHADOWING AT 311 CALL CENTERS, CONDUCTING RESTAURANT INSPECTIONS, AND ENGAGING WITH CITY OFFICIALS. THESE HANDS-ON EXPERIENCES PROVIDE FELLOWS WITH THE INSIGHTS NEEDED TO CO-DESIGN A $10,000 PROJECT IN A SECTOR THEY'RE PASSIONATE ABOUT. THE JOURNEY EXTENDS BEYOND SUMMER, AS FELLOWS MEET MONTHLY IN 'DESIGN STUDIO' SESSIONS TO REFINE THEIR IDEAS INTO FULLY REALIZED INITIATIVES. MIDWAY THROUGH THE FELLOWS PROGRAM EACH YEAR, WE TAKE A BREAK AND HEAD UPSTATE FOR LAB*, A THREE-DAY RETREAT DESIGNED TO RE-CONNECT TO THE MISSION OF THEIR PROJECTS, THEIR ACADEMIC PURSUITS, AND TO EXCHANGE INSIGHTS WITH THE INCOMING COHORT. THE RETREAT FEATURES THREE MAIN "WISDOM CIRCLES" FOCUSED ON STRATEGIC PROBLEM-SOLVING, EXPLORING THE ROLE OF HIGHER EDUCATION IN DEFINING PERSONAL MISSIONS, AND FOSTERING SELF AND COMMUNAL ACCOUNTABILITY. EMPHASIZING WELLNESS AND JOY, THE AGENDA INCLUDES DINNER DISCUSSIONS, MEDITATION SESSIONS, AND SMALL GROUP OUTINGS. RETURNING TO NYC, OUR FELLOWS ARE EQUIPPED WITH ENHANCED SKILLS AND STRONGER CONNECTIONS, READY TO COMPLETE THEIR PROJECTS AND THE SCHOOL YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chidi Asoluka Founder And CEO | 25 | $16,105 | |
Ofunne Edoziem Founding Board Member And Secretary | 1 | $0 | |
Benito Piuzzi Board Chair | 1 | $0 | |
Margo Alexandra Boykins Board Member | 1 | $0 | |
Alex Brunson Board Member | 1 | $0 | |
Lizabeth Murphy Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $173,140 |
Total Program Service Revenue | $5,338 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $178,478 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $17,253 |
Professional fees and other payments to independent contractors | $60,074 |
Occupancy, rent, utilities, and maintenance | $11,862 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $60,744 |
Total expenses | $149,933 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $101,338 |
Other assets | $0 |
Total assets | $101,338 |
Total liabilities | $8,906 |
Net assets or fund balances | $92,432 |