New Community Leadership Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NCLFs mission is to provide financial and technical resources to change makers - working in the arts non-profit and for-profit small businesses - to strengthen disenfranchised communities.
- Income
- $1.7 million
- Spending
- $1.6 million
- Spent on programs
- 94%
- Reserves
- 1 months of spending
- Largest source of income
- government grants, 72%
- Employees
- 0
- Volunteers
- 12
- Highest pay
- $97,876, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 52% of charities in its peer group (community improvement, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 1.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Income trend
15 of 15Income rose 47% on the year before.
Spending floor
15 of 1594% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 80 out of 100. Higher than 31% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $707,191 spent. NCLF provided technical assistance to 152 nonprofit organizations including training and fiscal-sponsorship support. The foundation prepared 158 grant proposals securing $12.4 million in grant revenue for clients and partners. This work expanded nonprofit capacity sustained vital community programs and promoted leadership development within under-resourced neighborhoods
- $394,022 spent. NCLF launched Cafe Melange inside San Francisco City Hall in partnership with three Bayview restaurants investing over $100,000 to support a collective-ownership model that builds generational wealth. The foundation also initiated development of Soul Station at 210 Jones Street - a forthcoming restaurant and creative cultural hub set to open in 2026 - and contracted 185 artists musicians chefs and entrepreneurs putting $678,884.41 directly into the hands of local creatives
- $383,718 spent. New Community Leadership Foundation NCLF provided one-on-one coaching technical assistance and grant-access support to 107 small businesses throughout San Francisco with a focus on underserved and historically disenfranchised communities. The organization helped secure and distribute more than $1.5 million in grants to sustain and grow these enterprises strengthening the citys local economy and building pathways to equitable wealth creation
- $40,445 spent. NCLF launched the Mission Possible platform - 24 online business-training modules available in Vietnamese Mandarin and English - to make entrepreneurship training more accessible. The program distributed $105,000 in mini-grants and provided customized support to seven immigrant-owned businesses in the Tenderloin-Little Saigon neighborhood
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.