New America

What it reported doing in 2024

Domestic policy programseducation policy program: the education policy program uses original research and policy analysis to help solve the nation's critical education problems, crafting objective analyses and suggesting new ideas for policymakers, educators, and the public at large. New america combines a steadfast concern for historically disadvantaged populations with a belief that better information about education can vastly improve both the policies that govern educational institutions and the quality of learning itself. The education policy program contains several sub-programs: the early & elementary education policy team works to help ensure that all children have access to a system of high-quality early learning opportunities from birth through third grade that prepare them to succeed in school and in life.the prek-12 initiative works to ensure that all children attending public elementary and secondary schools have access to and receive high-quality educational experiences, with a particular emphasis on improving equity and outcomes for traditionally underserved students. It also contains the sub-initiatives:(1) the english learners initiative provides a policy-driven focus on language learners in the early childhood years through the prek-12 education system. The initiative conduct research, develop recommendations, and disseminate new ideas to policymakers, practitioners, and the public to improve outcomes for english learners.(2) the education funding equity initiative conducts quantitative, qualitative, and geospatial analysis to understand and highlight the impact of current school funding policies and point the way toward more equitable approaches. The higher education initiative works to make higher education more accessible, innovative, student-centered, outcomes-focused, and equitable.the teaching, learning, and tech project focuses on how educators and other professionals can use new media and technologies to promote more equitable systems of learning, from pre-k through 12th grade and into the post-secondary years.the center on education and labor is dedicated to restoring the link between education and economic mobility. The center's work spans the policy domains of education, labor, and workforce development. The goal is to forge a more holistic approach to the challenges generated from technological change, an approach that recognizes the need to equip workers of the future with the knowledge, skills, and power necessary to fulfill the terms of our social contract. It also contains the sub-initiatives: future of work and innovation economy initiative. The future of work and innovation economy initiative (fowie) is a research, storytelling, technical assistance, and policy incubator to ensure that the innovation economy creates family-sustaining jobs, reliable pathways into those jobs, and emerging technologies that make work better for all. Fowie works with local higher education, labor, and workforce organizations to align policy and practice.partnership to advance youth apprenticeship. The partnership to advance youth apprenticeship (paya) is a multi-year, collaborative initiative that supports states and cities in their efforts to expand access to high-quality apprenticeship opportunities for high school age youth. The partnership convenes and mobilizes the expertise, experience, and collective networks of national, state, and regional partners.student parent initiative. The student parent initiative team conducts research, policy analysis, and advocacy work in the student parent space. The initiative builds on new america's expertise in federal advocacy, coalition-building and work with higher education institutions and states to: raise awareness about student parents; bring new voices and practitioners into the field; connect research, data, and promising practices to advance policy solutions for student parents.community colleges. The community colleges initiative is a research and convening init

Financial Efficiency

• Mission deployment rate: 88.5%; rating input score 88
• Program expense ratio: 79.1%; rating input score 79
• Fundraising efficiency: $19.26 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 99.5%; rating input score 99; 34th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 89.5%; rating input score 89; 22nd 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: -11%; rating input score 9; 9th percentile among comparable filings
• Total-asset coverage ratio: 1.97; rating input score 61; 61st percentile among comparable filings
• Liabilities to assets ratio: 0.36; rating input score 40; 40th percentile among comparable filings
• Officer compensation ratio: 10.5%; rating input score 18; 18th percentile among comparable filings

Growth

• Program expense growth: 4.3% per year; rating input score 100; 36th percentile among comparable filings
• Revenue growth: 6.6% per year; rating input score 100; 56th percentile among comparable filings
• Asset growth: 13.7% per year; rating input score 100; 78th percentile among comparable filings