New Leaders Council

Nonprofit profile at a glance

EIN
562581640
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
2026270336
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Leadership Development

Official website

Reported finances

Revenue
$1,033,227
Expenses
$1,201,274
Assets
$227,483
Liabilities
$312,987

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

Leadership & pay

23 people listed

Executive titles in this filing

  • Clare Bresnahan English-92024 (President/CEO)
  • Karen Pandy-Cherry (President/CEO)

Highest reported compensation

  • Clare Bresnahan English-92024 (President/CEO): $140,128 total reported compensation
  • Karen Pandy-Cherry (President/CEO): $126,073 total reported compensation
  • Adela Ghadimi (Director): $25,700 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 Leaders Council's mission is to develop, connect and uplift cross-sector leaders who will transform our country through social and political change.

What it reported doing in 2024

--In 2024, NLC graduated 251 Fellows from their 6 month leadership development institute. --76% of NLC Fellows said they would actively mobilize voters in the upcoming election cycle. --92% said they would advocate for policy change in their community after graduation from the NLC institute. --98% of Fellows said they expanded their understanding of cross sector leadership. --NLC chapters engaged in community service & activism events like the NLC NYC Turkey Drive, NLC Kentucky Civic Suppers & NLC Palm Beach celebrated 10 years of suporting changemakers. --NLC held its 3rd annual Capstone Clash competition where alumni competed by sharing their Capstone projects with the online NLC community. --NLC held the 2024 convention in Atlanta, GA for 250 participants, more than 50 speakers & hosted a Legacy Tour in the city. --NLC hosted training sessions in partnership with the Allstate Foundation to facilitate leadership training for 300 organizations focused on racial justice, partner abuse prevention & youth empowerment.

Operating model

Revenue model
Donor-supported. 88% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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

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: 73
  • Transparency & Controls: 92
  • Accountability: 87
  • Sustainability: 9
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.9%; rating input score 81
  • Program expense ratio: 69.6%; rating input score 70
  • Fundraising efficiency: $11.51 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 95%; rating input score 95; 25th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -16.3%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.19; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 1.38; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 26.3%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 0.4% per year; rating input score 100; 19th percentile among comparable filings
  • Revenue growth: 4.9% per year; rating input score 100; 43rd percentile among comparable filings
  • Asset growth: 13.7% per year; rating input score 100; 69th percentile among comparable filings

Details

  • Where the money goes: 80.9% of revenue deployed · 69.6% of spending went to programs
  • Governance: 19 of 20 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $836K in reported program spending
  • Leadership: top reported pay $140K · 23 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 12 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 2 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 42/100.
  • High — Sustainability: Operating margin scored 11/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.