Overview
What is New Sun Rising?
New Sun Rising is a nonprofit organization situated in Pittsburgh, Pennsylvania, specifically at 112 SHERMAN STREET. Their primary mission is to foster the growth of thriving communities by promoting culture, sustainability, and opportunities. They achieve this goal through a fiscal sponsorship program, which allows them to facilitate access to restricted funding, grants, and tax-deductible donations for regional projects. With a team of seven dedicated individuals, New Sun Rising works tirelessly to support community development and improvement.
Official website here: www.newsunrising.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
New Sun Rising demonstrates a strong commitment to accountability and community engagement, as evidenced by its high ratings in the Accountability & Finance and Culture & Community categories. With an impressive program expense ratio of nearly 90%, the organization prioritizes direct investment in its initiatives. Its governance structure features a fully independent board, contributing to its overall transparency and ethical management practices.
User reviews emphasize the effectiveness of New Sun Rising in fostering social entrepreneurship and supporting local initiatives in Pittsburgh. Many board members highlight the organization’s innovative and collaborative approach to community challenges, noting that it successfully empowers local projects through fiscal sponsorship and capacity-building efforts. The passionate and knowledgeable staff are praised for their dedication to enhancing the creative class within the region.
While the feedback is overwhelmingly positive, some limitations regarding financial ratios, particularly the liabilities to assets ratio, may indicate areas for improvement in financial sustainability. Nonetheless, the strong community impact and innovative strategies showcased by New Sun Rising position it as a valuable resource for social change in Pittsburgh.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is New Sun Rising legitimate?
New Sun Rising is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Sun Rising 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: $110,490
Professional Fundraising Fees: $0
Other Salaries and Wages: $367,182
For more financial information, click here
Official website here: www.newsunrising.org
What is the mission statement of New Sun Rising?
New Sun Rising's mission is centered around fostering vibrant communities. They achieve this goal by focusing on three key areas: culture, sustainability, and opportunity. Through their initiatives, they aim to create thriving communities where people can flourish and grow. Additionally, New Sun Rising operates a fiscal sponsorship program, providing access to restricted funding, grants, and tax-deductible donations for local projects. This program serves as a means to support and empower regional projects, contributing to the overall vitality of the communities they serve.
Official website here: www.newsunrising.org
Who is the CEO of New Sun Rising?
Scott Wolovich is the Treasurer of New Sun Rising.
Official website here: www.newsunrising.org
What is the revenue of New Sun Rising?
New Sun Rising's revenue in 2022 was $3,688,003.
Official website here: www.newsunrising.org
Who are the executives of New Sun Rising and what are their salaries?
The average compensation at New Sun Rising during 2022 was $68,239. There are 7 employees and 20 volunteers at New Sun Rising.
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Official website here: www.newsunrising.org
Where can I find the form 990 for New Sun Rising?
New Sun Rising's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newsunrising.org
Learn more at the official website: www.newsunrising.org
Mission Statement of New Sun Rising
New Sun Rising, a nonprofit organization, is committed to building vibrant communities. They achieve this goal by focusing on three key areas: culture, sustainability, and opportunity. Through their mission, they aim to foster thriving communities where people can connect, grow, and contribute positively.
To realize this vision, New Sun Rising provides a fiscal sponsorship program. This program serves as a bridge, allowing regional projects to access restricted funding, grants, and tax-deductible donations. By facilitating this access, the organization helps these projects to flourish, ultimately contributing to the overall vitality of the communities they serve.
In essence, New Sun Rising's mission is about cultivating communities that are rich in culture, environmentally sustainable, and offer opportunities for growth and development. By providing the necessary resources and support, they empower local projects to create and sustain vibrant community spaces where people can come together and thrive.
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Impact
October, 2024
New Sun Rising significantly impacts communities by fostering cultural growth, promoting sustainability, and enhancing opportunities. Through its fiscal sponsorship program, it enables regional projects to access restricted funding, grants, and tax-deductible donations, facilitating the development of initiatives that address local needs. This approach not only empowers individual projects but also strengthens community ties by encouraging collaboration and resource sharing.
By prioritizing human services, New Sun Rising plays a crucial role in building resilient neighborhoods in Pittsburgh, where culture and sustainability intersect. Its commitment to nurturing vibrant communities supports diverse initiatives that uplift residents and contribute to an overall sense of belonging and shared purpose.
This information is meant to be a general summary of New Sun Rising. 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: $24,367
- Program Service Revenue: $2,747,838
- Gross Receipts: $3,688,003
Assets and Liabilities:
- Total Assets: $4,005,605
- Total Liabilities: $2,460,184
- Net Assets: $1,545,421
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FISCAL SPONSORSHIP
Revenue
$2,362,000
PROGRAM FEES
Revenue
$385,838
Organization Details
Founding Year
2005
Phone
(412) 855-7433Principal Officer
Scott Wolovich
Main Address
112 SHERMAN STREET, PITTSBURGH, PA, 15209
Website
www.newsunrising.orgNTEE Category
Code: P20 - Human services
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