Partnership for a New American Economy Research Fund

Nonprofit profile at a glance

EIN
320325450
IRS 990 coverage
2020–2020
Forms available
Form 990 2020
Location
New York, NY, USA
Phone
2125836000
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Economics

Reported finances

Revenue
$3,770,630
Expenses
$2,457,114
Assets
$1,993,223
Liabilities
$450,150

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • JOHN FEINBLATT (PRESIDENT & DIRECTOR)

Highest reported compensation

  • JEREMY ROBBINS (SECRETARY & DIRECTOR): $324,563 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Partnership for a new american economy research fund(pnaerf) was formed to inform the public about the economic merits of reforming united states immigration policy. The organization uses the majority of its time supporting its charitable purpose by presenting public forums, reports, fact sheets, infographics, panels, and similar programs to highlight the economic impact of immigration. Aspects of these public programs rely on research conducted and commissioned by pnaerf to demonstrate the various ways in which immigrants contribute to the local and national economies. This information documents the facts relied upon to support the conclusions contained therein. Pnaerf also utilizes online marketing and advertising, social media, including facebook, twitter, instagram, and the website, as well as partnerships with other 501 (c) (3) and advocacy groups to further promulgate its educational agenda.

What it reported doing in 2020

During 2020, partnership for a new american economy research fund (pnaerf) funded various activities to support its mission to inform the public about the economic merits of immigration and the costs of maintaining the current system. These activities included the following: research and reports, which were made available to the public on the internet. A covid-19 and immigration portal detailing how the pandemic impacts immigrant communities and how those communities contribute on the front lines, an updated cities index measuring how well the top 100 cities are integratng immigrants, data interactives including visualizations on immigrants in agriculture and fortune 500 companies owned by immigrants, and other national, regional and local studies. Pnaerf also launched new arts and culture programming, including: the nae film club, the nae lit club and the youth unity program, a capsule curriculum developed in partnership with the ymca to educate youth about the immigration system and communicating across different backgrounds.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 96% 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 total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 72
  • Accountability: 75
  • Sustainability: 63
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 47.7%; rating input score 48
  • Program expense ratio: 73.1%; rating input score 73
  • Fundraising efficiency: $63.39 raised per $1 spent on fundraising; rating input score 79; 79th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 19th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 93.9%; rating input score 94; 27th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 75%; rating input score 75; 13th 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: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 34.8%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 1.9%; rating input score 77; 77th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 47.7% of revenue deployed · 73.1% of spending went to programs
  • Governance: 3 of 4 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.8M in reported program spending
  • Leadership: top reported pay $325K · 4 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $475K reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 5 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.