New Breath Foundation

Nonprofit profile at a glance

EIN
814166805
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-N 2016
Location
Oakland, CA, USA
Phone
5105606228
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$1,804,977
Expenses
$3,165,415
Assets
$2,744,828
Liabilities
$103,539

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • EDDY ZHENG (PRESIDENT)

Highest reported compensation

  • EDDY ZHENG (PRESIDENT): $221,265 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

New breath foundation provides pivotal grassroots organizations the sustainable resources they need to give new beginnings to aanhpis harmed by incarceration, deportation, and systems of violence in the u.s.

What it reported doing in 2024

Continued from page 2 racial solidarity, education, and community advocacy in 2023, we have been a part of coalitions with funders and grassroots organizational partners supporting racial solidarity between aanhpi and other bipoc communities. These include: - seed change, formerly known as statewide cultural strategy working group -the aapi ceos & trustees group with asian american practitioners in philanthropy -the California criminal justice funders group -solidaire network -donors of color network we are also supporting violence prevention and solidarity work through funding and convening. ---------------------- deportation support, incarceration & reentry kites to southeast asia is a coalition created between new breath foundation, new light wellness, asian prisoner support committee, mn8, and organizers who work with formerly incarcerated and deported cambodians. New light wellness is a mental health outreach program serving those deported to cambodia, seeded by a grant from new breath foundation. New light serves over 50 directly-impacted persons in the us and over 100 directly-impacted participants in cambodia through one-on-one sessions, peer support groups, advocacy workshops, and other community- building events. Participants unpack trauma from the legacy of genocide, refugee and resettlement experience, and their journey in the prison pipeline, ice detention, and deportation to cambodia. Many have reported isolation, rejection, and the feeling they are forgotten. Most do not disclose their status for fear of persecution.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 40% for direct work, 59% for grants, and 0% for affiliated organizations.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 80
  • Accountability: 100
  • Sustainability: 24
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 84.2%; rating input score 84
  • Fundraising efficiency: $8.74 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 97.2%; rating input score 97; 44th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -75.4%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.87; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 55; 55th percentile among comparable filings
  • Officer compensation ratio: 7%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: 38.1% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 25.6% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 27.5% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 84.2% of spending went to programs
  • Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $2.7M in reported program spending
  • Leadership: top reported pay $221K · 11 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 35 of 36 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 7 filed related-organization links
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 34/100.
  • High — Sustainability: Operating margin scored 2/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.
  • Review — Sustainability: Liabilities to assets ratio scored 55/100.