Overview
What is New Consensus?
New Consensus is a novel public education and research organization, headquartered in Washington D.C., dedicated to enlightening policymakers and leaders regarding critical issues. By fostering a broad coalition of experts, economists, business leaders, unions, labor leaders, policy leaders, and other specialists, they have shaped a consensus in support of economic development and transformation. Their mission involves crafting comprehensive policy solutions to address America's economic challenges, and they produce educational materials to garner widespread public support for this shared vision. With a team of five dedicated individuals, New Consensus seeks to shape the national conversation on economic policy.
Official website here: www.newconsensus.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star rating
New Consensus has received a 74% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization displays strong governance practices with a majority of independent board members and has implemented necessary policies such as a conflict of interest policy and a whistleblower policy. Additionally, it shows a favorable program expense ratio, dedicating over 82% of its expenses directly to programs.
However, the organization has notable weaknesses, particularly in its financial transparency. There are significant gaps in the availability of financial statements, which contributed to a low score in this area. Moreover, while the board's independent composition is commendable, the number of independent members is limited. The absence of the tax form on the nonprofit's website also raises concerns about the accessibility of its financial information.
Overall, while New Consensus demonstrates strengths in programmatic spending and governance, it faces challenges regarding financial documentation and transparency that potential donors may want to consider before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is New Consensus legitimate?
New Consensus is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Consensus 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: $219,327
Professional Fundraising Fees: $0
Other Salaries and Wages: $384,535
For more financial information, click here
Official website here: www.newconsensus.com
What is the mission statement of New Consensus?
New Consensus is a unique public education and research organization with a mission to enlighten policy makers and leaders about fundamental issues. Their objective is to develop comprehensive policy solutions to address America's economic challenges. They have delved into in-depth policy proposals and plans to support economic development and transformation. New Consensus has successfully rallied a broad coalition of experts, economists, business leaders, unions, labor leaders, policy leaders, and other specialists around a new consensus in support of economic development and transformation. They produce educational material to popularize this new consensus and garner broad public support.
Official website here: www.newconsensus.com
Who is the CEO of New Consensus?
Zack Exley is the Director, President of New Consensus.
Official website here: www.newconsensus.com
What is the revenue of New Consensus?
New Consensus's revenue in 2022 was $1,001,030.
Official website here: www.newconsensus.com
Who are the executives of New Consensus and what are their salaries?
The average compensation at New Consensus during 2022 was $120,772. There are 5 employees and 2 volunteers at New Consensus.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $60,000
- Related: $0
- Other: $0
- Compensation: $110,236
- Related: $0
- Other: $49,091
- Compensation: $140,000
- Related: $0
- Other: $0
Official website here: www.newconsensus.com
Where can I find the form 990 for New Consensus?
New Consensus's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newconsensus.com
Learn more at the official website: www.newconsensus.com
Mission Statement of New Consensus
New Consensus is a distinctive public education and research organization with a mission to enlighten policy makers and leaders about fundamental issues. Their objective is to formulate comprehensive policy solutions to address America's economic challenges. By delving into intricate policy proposals and plans, New Consensus supports economic development and transformation. Furthermore, they have successfully gathered a broad coalition of climate experts, economists, business leaders, unions, labor leaders, policy leaders, and other experts, uniting around a new consensus in favor of economic development and transformation. To popularize and garner broad public support for this new consensus, they have produced educational materials.
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Impact
July, 2024
New Consensus's impact lies in its efforts to educate policy makers and leaders about fundamental economic issues and craft comprehensive policy solutions to address America's economic challenges. Through the development of in-depth policy proposals and plans, this organization supports economic development and transformation. By bringing together a diverse coalition of climate experts, economists, business leaders, unions and labor leaders, policy leaders, and other experts, New Consensus has been instrumental in building a new consensus in support of economic development and transformation. Additionally, the production of educational materials helps to popularize and garner broad public support for this new consensus. Overall, New Consensus plays a key role in shaping economic policies and promoting community improvement.
This information is meant to be a general summary of New Consensus. 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: $110
- Gross Receipts: $1,001,030
Assets and Liabilities:
- Total Assets: $586,976
- Total Liabilities: $1,979
- Net Assets: $584,997
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Organization Details
Founding Year
2017
Phone
(202) 573-8237Principal Officer
Zack Exley
Main Address
1300 I ST NW, WASHINGTON, DC, 20005
Website
www.newconsensus.comNTEE Category
Code: S20 - Community improvement
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