New Impact
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 16% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
WE PASSIONATELY WORK TO CATALYZE AND SCALE INNOVATION THAT POSITIVELY IMPACTS HUMANITY BY INSPIRING, ENABLING, AND ACTIVATING A COMMUNITY OF TRI-SECTOR INNOVATORS FROM COMPANIES, NONPROFITS, AND GOVERNMENT AGENCIES. THEIR INNOVATIONS WILL ACCELERATE IMPACT BY LEVERAGING EXISTING RESOURCES AND ALIGNING INTERESTS FROM THE PRIVATE, SOCIAL, AND PUBLIC SECTORS -PROVIDING BENEFITS FOR PEOPLE AND THE PLANET. OUR GOAL IS THAT TRI-SECTOR INNOVATION WILL BE AS WIDELY ACCEPTED AND WIDELY PRACTICED AS DESIGN THINKING, AGILE DEVELOPMENT, AND HUMAN-CENTERED DESIGN.
- Income
- $247,260
- Spending
- $266,472
- Spent on programs
- 16%
- Reserves
- 0.3 months of spending
- Largest source of income
- donations and private grants, 87%
- Employees
- 2
- Volunteers
- 3
- Highest pay
- $140,400, senior product manager
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
Weak: 18 out of 100. Higher than 4% of charities in its peer group (community improvement, under $250k).
Reserves
4 of 35Spendable reserves would cover 0.3 months of spending.
Debt
5 of 20It owes 74% of what it owns.
Living within its means
4 of 15Spending exceeded income by 8% of income.
Income trend
5 of 15Income fell 21% on the year before.
Spending floor
0 of 1516% 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: 76 out of 100. Higher than 63% of charities in its peer group (community improvement, under $250k).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no 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.
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)
- $8,661 spent. TRI-SECTOR RESOURCE EXPLORER AI TOOL: NEWIMPACT CREATED AND LAUNCHED THE TRI-SECTOR RESOURCE EXPLORER, A FREE AI-POWERED ASSISTANT DESIGNED TO HELP INDIVIDUALS AND ORGANIZATIONS IDENTIFY CROSS-SECTOR RESOURCES, COLLABORATIONS, AND GROWTH OPPORTUNITIES. BUILT WITH CUSTOMIZED GUIDELINES, INSTRUCTIONS, AND CONTEXT TO ALIGN WITH TRI-SECTOR INNOVATION PRINCIPLES, THE TOOL ENABLES USERS TO DISCOVER ORGANIZATIONS AND ASSETS, ALIGN INTERESTS ACROSS SECTORS, AND EXPLORE CREATIVE APPROACHES TO LEVERAGING EXISTING RESOURCES. IT ALSO PROVIDES ACTIONABLE OUTPUTS, INCLUDING DRAFT BUSINESS PLANS, PITCH DECKS, AND STRATEGIC SUMMARIES, TO HELP USERS ADVANCE THEIR IDEAS.THIS INITIATIVE REFLECTS NEWIMPACT'S COMMITMENT TO PROVIDING FREE, ACCESSIBLE TOOLS THAT FOSTER TRI-SECTOR COLLABORATION AND SUPPORT IMPACT-DRIVEN INNOVATION.
- $8,640 spent. CONCENTRIC ADVISORS TRI-SECTOR INNOVATION WORKSHOP: NEWIMPACT DESIGNED AND DELIVERED A TAILORED FOUR-HOUR INTERACTIVE WORKSHOP IN JANUARY 2024 FOR THE LEADERSHIP TEAM AT CONCENTRIC SERVICES, A PRIVATE SECTOR SECURITY ADVISOR AND SERVICES PROVIDER. THE HALF-DAY SESSION INTRODUCED TRI-SECTOR INNOVATION (TSI) PRINCIPLES TO GENERATE INNOVATION AND NEW OPPORTUNITIES ALIGNED WITH CONCENTRIC'S OBJECTIVES. PARTICIPANTS IDENTIFIED POTENTIAL IMPACT AREAS, EXPLORED CROSS-SECTOR OPPORTUNITIES, AND IDENTIFIED RESOURCES AND BUSINESS MODEL DESIGN TO EXPAND POSSIBILITIES AND APPLIED TO REAL COMPANY CHALLENGES.THIS INITIATIVE REFLECTS NEWIMPACT'S DEDICATION TO FOSTERING INNOVATIVE THINKING WITHIN THE PRIVATE SECTOR. THE ALLOCATED FUNDS COVERED ESSENTIAL WORKSHOP LOGISTICS AND FACILITATION, MATERIALS, AND TOOLS, ENSURING A TRANSFORMATIVE AND IMPACTFUL SESSION FOR CONCENTRIC SERVICES.
- $8,339 spent. UNIVERSITY OF WASHINGTON BUSINESS/ENTREPRENEURSHIP CLASSES: NEWIMPACT CONTRIBUTED TO THE UNIVERSITY OF WASHINGTON'S ENTREPRENEURSHIP CURRICULUM BY INTEGRATING TRI-SECTOR INNOVATION INTO CLASS DISCUSSIONS AND INSTRUCTIONAL MATERIALS. THIS INITIATIVE PROVIDED STUDENTS WITH INSIGHTS INTO DESIGNING BUSINESS MODELS THAT ALIGN PRIVATE, PUBLIC, AND SOCIAL SECTOR RESOURCES. ACTIVITIES INCLUDED GUEST LECTURES AND INTERACTIVE EXERCISES. THIS WORK SUPPORTED NEWIMPACT'S MISSION TO EQUIP FUTURE ENTREPRENEURS WITH KNOWLEDGE OF TSI AND TOOLS FOR SCALABLE, HIGH-IMPACT INNOVATION.
- $17,180 spent. OTHER 2024 PROGRAMS: NEWIMPACT'S OTHER 2024 PROGRAMS, FOCUSED ON ADVANCING TRI-SECTOR INNOVATION (TSI) THROUGH EDUCATION, WORKSHOPS, AND RESOURCE DEVELOPMENT TO PROMOTE TRI-SECTOR PROBLEM SOLVING AND INNOVATION:- BALL STATE UNIVERSITY: DELIVERED A TSI INTRODUCTION AS PART OF MILLER SCHOOL OF BUSINESS REIMAGINING BUSINESS EDUCATION SPEAKER SERIES AND LED A COMMUNITY WORKSHOP ON A PUBLIC UTILITY MODEL FOR FOOD INSECURITY. - BLUE RIDGE LABS: CONDUCTED A THREE-HOUR WORKSHOP FOR IMPACT-CENTERED START-UPS IN THE BLUE RIDGE LABS ACCELERATOR, FOCUSED ON BUILDING STRONGER AND MORE IMPACTFUL BUSINESS MODELS THROUGH PRINCIPLES, FOLLOWED BY MENTORSHIP SUPPORT. - GREEN PHOENIX COLLABORATIVE: PROVIDED EDUCATIONAL RESOURCES, AN INTERACTIVE WORKSHOP, AND COMMUNITY FACILITATION TO INTRODUCE TSI PRINCIPLES. - NEWIMPACT WIKI DATABASE: MAINTAINED AND PROVIDED ONGOING ACCESS TO THE NEWIMPACT WIKI, A FREE AND OPEN ONLINE PLATFORM DESIGNED TO HELP ENTREPRENEURS, MANAGERS, AND POLICYMAKERS IDENTIFY CROSS-SECTOR RESOURCES AND POTENTIAL COLLABORATORS, INTEGRATING TOOLS FOR EXPLORING GOVERNMENT, NONPROFIT, AND PRIVATE-SECTOR INITIATIVES.- TRI-SECTOR INNOVATION TEACHING HUB: AN EDUCATIONAL RESOURCE TO HELP UNIVERSITIES AND TRAINING PROGRAMS INTEGRATE TSI CONCEPTS. THE PROJECT INCLUDES INSTRUCTIONAL CONTENT, LEARNING MODULES, AND TEACHING BEST PRACTICES, WITH DEVELOPMENT STILL IN PROGRESS.THESE INITIATIVES SUPPORT NEWIMPACT'S MISSION TO PROMOTE TRI-SECTOR COLLABORATION BY EQUIPPING COMMUNITIES, ORGANIZATIONS, START-UPS, AND UNIVERSITIES WITH PRACTICAL TOOLS, FRAMEWORKS, AND RESOURCES FOR PROBLEM-SOLVING AND IMPACT-DRIVEN INNOVATION.
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 October 13, 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 November 6, 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 October 13, 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 October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.