Made New Foundation Inc
Nonprofit profile at a glance
- EIN
- 863950271
- IRS 990 coverage
- 2024–2025
- Forms available
- Form 990 2025, Form 990-EZ 2023
- Location
- Inglewood, CA, USA
- Phone
- 7608596977
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Rehabilitation Services for Offenders
Reported finances
- Revenue
- $487,660
- Expenses
- $436,256
- Assets
- $114,820
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- RAFAEL QUIROZ (EXECUTIVE DIRECTOR)
Highest reported compensation
- MAJOR BUNTON (DIRECTOR OF PROGRAMMING): $53,335 total reported compensation
- SHANNON ROYSTER (ADMINISTRATIVE DIRECTOR): $52,900 total reported compensation
- SITHY BIN (COMMUNITY ENGAGEMENT DIRECTOR): $52,250 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
It aims to facilitating the reintegration of formerly incarcerated individuals into society. Additionally, it aims to elevate and support underprivileged communities by harnessing the transformative power of Artificial Intelligence and Virtual Reality to improve lives and societal structures.
What it reported doing in 2025
Improved Program Description: Virtual Reality Coaching & Online Training: The organization offers cutting-edge Virtual Reality(VR) coaching services to provide immersive, real-world training experiences. These programs empower individuals to develop essential life skills, such as communication, decision-making, and conflict resolution, in a safe and controlled virtual environment. VR Training Course Development: We also specialize in developing customized online VR training courses, tailored to meet the unique needs of individuals reentering society or those seeking to improve their professional skills. Our VR-based courses offer interactive, hands-on learning experiences that bridge the gap between traditional education and real-life application.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 90
- Accountability: 71
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68%; rating input score 68
- Program expense ratio: 76%; rating input score 76
- Fundraising efficiency: $17.85 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 50%; rating input score 50; 19th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.5%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.26; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 48.2%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: 70.6% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 90.9% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 86.1% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 68% of revenue deployed · 76% of spending went to programs
- Governance: 2 of 4 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $322K in reported program spending
- Leadership: top reported pay $53K · 4 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Independent voting board scored 50/100.
- Review — Financial Efficiency: Fundraising efficiency scored 52/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Officer compensation ratio scored 4/100.