Overview
What is Neo Philanthropy Inc?
Neo Philanthropy Inc, located in New York City, serves as a fiscal sponsor for nonprofit organizations and projects lacking 501(c)(3) tax-exempt status. By providing administrative and support services, this program acts as an incubator for initiatives closely aligned with Neo Philanthropy's mission. The organization nurtures and strengthens movements for justice by connecting changemakers and funders, fostering emerging leaders and social movements, and allocating resources to groups driving transformative change. With a team of 399 individuals, Neo Philanthropy plays a significant role in empowering and supporting various social justice initiatives.
Official website here: www.neophilanthropy.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95%, Four-Star out of Four Star rating.
Neo Philanthropy Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored exceptionally well in various categories, including a perfect score for having an independent board and robust policies for oversight. This high level of accountability is critical for donor confidence, as it shows a commitment to good governance and transparency.
Despite its strong overall score, there are a few areas for improvement, particularly in the Culture & Community section, where it received an 83%. While the organization performs well in equity strategies, the absence of its audit report and a donor privacy policy on its website may raise concerns for some stakeholders. These factors suggest that, although the organization is well-managed, enhancing transparency in these areas could further strengthen its reputation.
Overall, Neo Philanthropy Inc demonstrates a solid commitment to its financial integrity and governance practices. Its high program expense ratio indicates that a significant portion of its funds is directed towards its mission, which is a positive aspect for potential donors considering their contributions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Neo Philanthropy Inc?
Although Neo Philanthropy Inc has not yet accumulated a substantial number of ratings, the limited feedback available reflects a positive sentiment. One review states that it is "one of the paths towards a better world," suggesting that the organization is perceived as making meaningful contributions towards positive change.
The single reviewer who provided a recommendation feels that the nonprofit's efforts are aligned with their vision for improving society. This indicates a level of trust in the organization’s mission and activities.
While there are not enough reviews to gauge widespread opinions, the existing feedback is encouraging. The impressions suggest that Neo Philanthropy Inc is on the right track toward achieving its goals and resonates well with individuals who are supportive of its mission.
This AI summary has been generated from reviews found on Facebook.
Is Neo Philanthropy Inc legitimate?
Neo Philanthropy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neo Philanthropy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,369,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,110,528
For more financial information, click here
Official website here: www.neophilanthropy.org
What is the mission statement of Neo Philanthropy Inc?
Neo Philanthropy Inc is a philanthropic organization that fosters robust, enduring movements for social justice. By bridging the gap between changemakers and funders, the group supports emerging leaders and initiatives, and channels resources to organizations accelerating change. The organization's fiscal sponsorship program offers administrative and logistical assistance to nonprofits and projects without 501(c)(3) tax-exempt status, and acts as a nurturing hub for projects closely aligned with its mission.
Official website here: www.neophilanthropy.org
Who is the CEO of Neo Philanthropy Inc?
Michele Lord is the Program Director of Neo Philanthropy Inc.
Official website here: www.neophilanthropy.org
What is the revenue of Neo Philanthropy Inc?
Neo Philanthropy Inc's revenue in 2022 was $132,029,874.
Official website here: www.neophilanthropy.org
Who are the executives of Neo Philanthropy Inc and what are their salaries?
The average compensation at Neo Philanthropy Inc during 2022 was $61,353. There are 399 employees and 8 volunteers at Neo Philanthropy Inc.
Here are 19 key members and their salaries:
- Compensation: $337,228
- Related: $0
- Other: $46,599
- Compensation: $308,257
- Related: $953
- Other: $47,057
- Compensation: $245,260
- Related: $3,875
- Other: $45,488
- Compensation: $251,605
- Related: $1,694
- Other: $35,898
- Compensation: $251,332
- Related: $0
- Other: $31,999
- Compensation: $223,057
- Related: $14,953
- Other: $43,481
- Compensation: $221,686
- Related: $0
- Other: $33,254
- Compensation: $173,961
- Related: $23,664
- Other: $29,842
- Compensation: $200,997
- Related: $0
- Other: $20,852
- Compensation: $190,500
- Related: $0
- Other: $24,321
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.neophilanthropy.org
Where can I find the form 990 for Neo Philanthropy Inc?
Neo Philanthropy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.neophilanthropy.org
Learn more at the official website: www.neophilanthropy.org
Mission Statement of Neo Philanthropy Inc
Neo Philanthropy Inc, a leading organization in the social sector, is dedicated to fostering robust, enduring, and transformative movements for justice. This mission is accomplished by Neo Philanthropy through the strategic connection of changemakers and funders, the empowerment of emerging leaders and movements, and the effective allocation of resources to groups striving for change.
Moreover, Neo Philanthropy functions as a fiscal sponsor, offering administrative and support services to nonprofit organizations and projects that do not hold 501(c)(3) tax-exempt status. This program serves not only as a valuable resource for these organizations but also functions as an incubator for projects that closely align with Neo Philanthropy's mission. By providing these services, Neo Philanthropy helps to amplify the impact of various changemaking initiatives and ultimately contributes to the realization of a more just and equitable society.
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Impact
October, 2024
Neo Philanthropy Inc plays a crucial role in fostering justice and social change by providing essential administrative and support services to organizations and projects that lack 501(c)(3) tax-exempt status. Through its fiscal sponsorship program, it acts as an incubator for initiatives that align closely with its mission, nurturing emerging leaders and movements. By connecting changemakers with funders, the organization helps to mobilize resources effectively, enabling groups to accelerate their impact and drive transformative change in communities. This comprehensive support empowers various social movements, ultimately contributing to the development of sustainable solutions for pressing societal issues.
This information is meant to be a general summary of Neo Philanthropy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $344,630
- Program Service Revenue: $1,374,621
- Gross Receipts: $144,544,517
Assets and Liabilities:
- Total Assets: $153,308,341
- Total Liabilities: $12,072,401
- Net Assets: $141,235,940
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE FEES
Revenue
$223,948
CONSULTING FEES
Revenue
$661,057
PROGRAM REVENUE
Revenue
$334,768
OTHER
Revenue
$154,848
Organization Details
Founding Year
1983
Phone
(212) 378-2800Principal Officer
Michele Lord
Main Address
1001 AVE OF THE AMERICAS Suite 12FL, NEW YORK, NY, 10018
Website
www.neophilanthropy.orgNTEE Category
Code: W99Z - Public benefit
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