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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building New Profit Inc.

New Profit Inc.

Fiscal year ending 2020. Filed on August 26, 2021.

225 Franklin Street No 350
801
Boston, Massachusetts 02110

New Profit Inc. (EIN: 04-3396766) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, New Profit Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 83 total employees. Among the employees shown here, the average compensation is $307,470. The highest compensated employee at New Profit Inc. is Vanessa Kirsch with fiscal year 2020 compensation of $446,884.

Revenue, expenses, and employee compensation

Revenue

$21,481,917

Expenses

$31,384,777

Employee compensation

$10,295,444
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Vanessa Kirsch
Founder and Chief Executive Officer
$446,884
$417,569 No related comp$29,315
Deborah Smolover
Executive Director of AMER
$374,502
$346,646 No related comp$27,856
Jacob Schramm
Managing Partner, Learn to
$294,794
$287,654 No related comp$7,140
Doug Borchard
Managing Partner, COO, Clerk
$291,303
$283,572 No related comp$7,731
Eliza Greenberg
Managing Partner
$291,298
$270,042 No related comp$21,256
Sara Conahan
Managing Partner, SR PHIL
$287,997
$272,426 No related comp$15,571
Kimberly Syman
Managing Partner
$285,268
$255,928 No related comp$29,340
Tulaine Marshall
Managing Partner
$271,630
$261,534 No related comp$10,096
Ian Magee
Managing Partner, CFO
$267,798
$251,702 No related comp$16,096
Trevor Brown
Managing Partner
$263,223
$254,892 No related comp$8,331

Benchmark Employee Compensation

Non-Employee Board Members

Alisa Doctoroff
Director
Brian Spector
Director
David Gergen
Director
Duncan McFarland
Director
Henry McCance
Director
James Pallotta
Director
Jeffrey Walker
Chair
John Rice
Director
Josh Bekenstein
Director
Kristin Mugford
Director
Mark Nunnelly
Director
Matthew Levin
Director

Contractors

Volition LLC
Portfolio and Strategy Consulting
$360,000
William Jackson
Portfolio and Fundraising Strategy
$235,200
Evaluation Strategy LLC
Evaluation
$220,000
Helayne B Jones
Strategy Advisor and Deal Support
$198,000
Jeff Nelson
Portfolio and Fundraising Strategy
$181,992

Mission Statement

NEW PROFIT IS A VENTURE PHILANTHROPY ORGANIZATION THAT CATALYZES THE IMPACT OF SOCIAL ENTREPRENEURS WHO ARE EXPANDING ACCESS AND OPPORTUNITY IN AMERICA. WE PROVIDE CAPITAL, CAPACITY, AND COMMUNITY TO A PORTFOLIO OF ORGANIZATIONS TO INCREASE THEIR IMPACT, SCALE, AND SUSTAINABILITY. AND WE PARTNER WITH SOCIAL ENTREPRENEURS, PHILANTHROPISTS, AND CROSS-SECTOR LEADERS TO SHIFT HOW THE PHILANTHROPIC SECTOR PURSUES SOCIAL CHANGE AND ENSURES THAT EVERYONE IN AMERICA CAN THRIVE. SINCE 1998, NEW PROFIT HAS INVESTED OVER $350M IN 275+ HIGH-IMPACT ORGANIZATIONS SERVING MORE THAN 35 MILLION PEOPLE IN ALL 50 STATES.

Revisions to this organization profile

July 16, 2025:
2024 New Profit Inc. 990 filed
October 22, 2024:
2023 New Profit Inc. 990 filed
November 7, 2023:
2022 New Profit Inc. 990 filed

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