New Rising Ventures
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NEW RISING VENTURES SUPPORTS EARLY-STAGE, NONPARTISAN ENTREPRENEURS AND ACTIVISTS TRANSFORMING OUR DEMOCRACY THROUGH INNOVATION AND BRIDGES A CRITICAL GAP NOT FULFILLED BY TRADITIONAL GRANT-MAKERS OR VENTURE CAPITAL. OUR SIGNATURE FOUR ACTIVITIES INCLUDE INVESTMENTS AND GRANTMAKING, PORTFOLIO SUPPORT, FIELD BUILDING, AND CONVENINGS.
- Income
- $735,300
- Spending
- $969,430
- Spent on programs
- 63%
- Reserves
- 1.6 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 6
- Highest pay
- $159,309, co-president
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 43 out of 100. Higher than 7% of charities in its peer group (philanthropy, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.6 months of spending.
Debt
10 of 20It owes 40% of what it owns.
Living within its means
0 of 15Spending exceeded income by 32% of income.
Income trend
15 of 15Income rose 102% on the year before.
Spending floor
8 of 1563% of spending went to programs and raising each dollar of donations cost 32 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 91 out of 100. Higher than 76% of charities in its peer group (philanthropy, $250k to $1m).
Independent board
25 of 255 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
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 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, 2025, 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 (1)
- $420,411 spent. IN 2025, NEW RISING VENTURES CONTINUED TO BUILD STRONG MOMENTUM ACROSS OUR RESPONSIBLE AI AND LATINE VOICES FOR DEMOCRACY INITIATIVES, WHILE DEEPENING OUR FOCUS ON INTERNAL CULTURE AND OPERATIONAL SUSTAINABILITY. LATINE VOICES FOR DEMOCRACY (LV4D) IS THE FIRST U.S.-BASED ACCELERATOR OF ITS KIND DELIVERED BILINGUALLY AND FOCUSED ON LATINE-LED NEWS ORGANIZATIONS AND CONTENT CREATORS. IT IS DESIGNED TO STRENGTHEN LOCAL INFORMATION ECOSYSTEMS, ADVANCE NONPARTISAN CIVIC EDUCATION, SUPPORT COMMUNITY-SERVING JOURNALISM, AND EMPOWER TRUSTED LATINE-LED ORGANIZATIONS TO COMBAT MISINFORMATION AND FOSTER CIVIC ENGAGEMENT. IN 2025, WE EXPANDED LV4D BY LAUNCHING A SECOND ACCELERATOR COHORT, BRINGING CREATORS AND LOCAL NEWSROOMS TOGETHER AS EQUAL PARTNERS IN INFORMING THE PUBLIC AND ENCOURAGING CIVIC PARTICIPATION. OVER SEVEN MONTHS, PARTICIPANTS RECEIVE TARGETED MENTORSHIP, TRAINING, AND PARTNERSHIP SUPPORT FROM MISSION-ALIGNED TECHNOLOGY AND MEDIA ORGANIZATIONS TO DEEPEN THEIR COMMUNITY ENGAGEMENT, STORYTELLING, AND AUDIENCE-BUILDING CAPACITY, AS WELL AS CAPITAL, TECHNICAL TOOLS, AND TRAINING ON CAPITAL STRUCTURE AND IMPACT MEASUREMENT TO SUPPORT THEIR LONG-TERM SUSTAINABILITY. A MAJOR MILESTONE WAS THE LAUNCH OF OUR RESPONSIBLE AI FUNDING CYCLE UNDER THE RISING FUND, UNDERSCORING BOTH THE STRENGTH OF THE APPLICANT POOL AND OUR COMMITMENT TO BACKING HIGH-IMPACT ORGANIZATIONS AT THE INTERSECTION OF TECHNOLOGY, DEMOCRACY, AND SOCIAL GOOD. WE ALSO MADE TARGETED INVESTMENTS IN ORGANIZATIONAL CAPACITY DURING THE 2025 TAX YEAR, HIRING AND ONBOARDING A DIRECTOR OF FUNDRAISING TO SHARPEN OUR DEVELOPMENT STRATEGY AND EXTERNAL ENGAGEMENT, AND TRANSITIONING TO A NEW ACCOUNTING FIRM TO SUPPORT LONG-TERM FINANCIAL STABILITY AND OPERATIONAL RIGOR. THROUGHOUT THE YEAR, WE CONVENED MULTIPLE FUNDER BRIEFINGS AND IN-PERSON GATHERINGS TO DEEPEN ENGAGEMENT, SHARE LEARNINGS, AND BUILD ALIGNMENT WITH OUR FUNDING PARTNERS. PORTFOLIO SUPPORT REMAINED A CORE PRIORITY, AS WE CONTINUED TO BACK EARLY- STAGE, NONPARTISAN ENTREPRENEURS AND ACTIVISTS TRANSFORMING OUR DEMOCRACY THROUGH INNOVATION. OUR TEAM MET WITH MORE THAN 50 FOUNDERS OVER THE COURSE OF THE YEAR, PROVIDING TAILORED GUIDANCE ON FUNDRAISING, PITCH AND DECK DEVELOPMENT, STRATEGIC POSITIONING, AND ORGANIZATIONAL TRANSITIONS, AND CONNECTING THEM TO MORE THAN 70 FUNDING OPPORTUNITIES. THIS WAS ALSO A YEAR OF EXPERIMENTATION FOR OUR PORTFOLIO SUPPORT PROGRAM, INCLUDING A PILOT OF PEER COHORTS FOCUSED ON COMMUNITY-BUILDING, WHERE FOUNDERS EXPLORED TOPICS SUCH AS FINDING PRODUCT-MARKET FIT, NAVIGATING ACQUISITIONS, AND SELECTING THE RIGHT HR TOOLS. WE LAUNCHED THREE NEW ONGOING PEER COHORTS WITH EXISTING PORTFOLIO ORGANIZATIONSBUILDING & SCALING (FOR FOR-PROFIT FOUNDERS), PEOPLE OPERATIONS, AND COMMUNITY SUPPORTTHAT MEET QUARTERLY TO PROVIDE STRUCTURED PEER LEARNING AND STRATEGIC SUPPORT, WITH FOUNDER-DRIVEN AGENDAS AND FACILITATED GUIDANCE WHERE NEEDED. WE CONTINUED TO ENGAGE OUR ANGEL SUPPORTER NETWORK ON A QUARTERLY BASIS THROUGH A REFRESHED OUTREACH STRATEGY, WHILE SPOTLIGHTING AND SHARING UPDATES ON OUR PORTFOLIO ORGANIZATIONS. AS PART OF OUR PROGRAMMATIC WORK, WE ALSO HOSTED A SERIES OF CONVENINGSINCLUDING PARTICIPATION IN LA TECH WEEKWHERE WE CO-HOSTED THE SECOND ANNUAL CHANGEMAKER FILM SHOWCASE WITH THE MICHAEL LATT LEGACY FUND, CELEBRATING UNDERREPRESENTED FILMMAKERS DRIVING SOCIAL CHANGE AND ADVANCING INNOVATIVE MEDIA AND TECHNOLOGY SOLUTIONS FOR A MORE INCLUSIVE AND RESILIENT DEMOCRACY. WE ALSO EXPANDED OUR COMMUNICATIONS AND THOUGHT LEADERSHIP. WE LAUNCHED AN NRV SUBSTACK TO SHARE UPDATES, RESEARCH, AND ECOSYSTEM INSIGHTS, INCLUDING THE LAUNCH ANNOUNCEMENT FOR THE RISING FUND AND OUR 2025 RESPONSIBLE AI COHORT, AS WELL AS ANALYTIC PIECES SUCH AS RESPONSIBLE AI INVESTMENT CYCLE 2025: INSIGHTS & EMERGING TRENDS, EVALUATING RESPONSIBLE AI: HOW PURPOSE, PEOPLE, AND PROGRESS DRIVE TECHNOLOGY FOR GOOD, AND BUILDING AI FOR THE PUBLIC GOOD: PRELIMINARY INSIGHTS FROM OUR RESPONSIBLE AI PIPELINE, WHICH TOGETHER SURFACED FUNDING GAPS AND OPPORTUNITIES FOR TECHNOLOGY THAT SERVES VULNERABLE COMMUNITIES. WE ADDITIONALLY PUBLISHED AI AS A BATTLEGROUND FOR POWER: BUILDING THE FUTURE OF RESPONSIBLE TECHNOLOGY AND TWO ARTICLES DOCUMENTING OUR LATINE VOICES FOR DEMOCRACY ACCELERATORINSIDE LV4D: KEY INSIGHTS & LEARNINGS FROM THE FIRST US-BASED ACCELERATOR FOR LATINO-LED MEDIA AND A RECAP OF OUR SECOND-COHORT KICK-OFFSHARING LESSONS FROM BILINGUAL, LATINO-LED MEDIA ORGANIZATIONS AND CREATORS WORKING TO STRENGTHEN CIVIC INFRASTRUCTURE. THROUGHOUT 2025, THE NRV BOARD PLAYED A CRITICAL ROLE IN STRATEGIC PLANNING, FINANCIAL OVERSIGHT, AND ECOSYSTEM CONNECTION-BUILDING, HELPING TO ADVANCE THE MISSION AND LONG-TERM SUSTAINABILITY OF NEW RISING VENTURES. IN 2025, NEW RISING VENTURES CONTINUED TO BUILD STRONG MOMENTUM ACROSS OUR RESPONSIBLE AI AND LATINE VOICES FOR DEMOCRACY INITIATIVES, WHILE DEEPENING OUR FOCUS ON INTERNAL CULTURE AND OPERATIONAL SUSTAINABILITY. LATINE VOICES FOR DEMOCRACY (LV4D) IS THE FIRST U.S.-BASED ACCELERATOR OF ITS KIND DELIVERED BILINGUALLY AND FOCUSED ON LATINE-LED NEWS ORGANIZATIONS AND CONTENT CREATORS. IT IS DESIGNED TO STRENGTHEN LOCAL INFORMATION ECOSYSTEMS, ADVANCE NONPARTISAN CIVIC EDUCATION, SUPPORT COMMUNITY-SERVING JOURNALISM, AND EMPOWER TRUSTED LATINE-LED ORGANIZATIONS TO COMBAT MISINFORMATION AND FOSTER CIVIC ENGAGEMENT. IN 2025, WE EXPANDED LV4D BY LAUNCHING A SECOND ACCELERATOR COHORT, BRINGING CREATORS AND LOCAL NEWSROOMS TOGETHER AS EQUAL PARTNERS IN INFORMING THE PUBLIC AND ENCOURAGING CIVIC PARTICIPATION. OVER SEVEN MONTHS, PARTICIPANTS RECEIVE TARGETED MENTORSHIP, TRAINING, AND PARTNERSHIP SUPPORT FROM MISSION-ALIGNED TECHNOLOGY AND MEDIA ORGANIZATIONS TO DEEPEN THEIR COMMUNITY ENGAGEMENT, STORYTELLING, AND AUDIENCE-BUILDING CAPACITY, AS WELL AS CAPITAL, TECHNICAL TOOLS, AND TRAINING ON CAPITAL STRUCTURE AND IMPACT MEASUREMENT TO SUPPORT THEIR LONG-TERM SUSTAINABILITY. A MAJOR MILESTONE WAS THE LAUNCH OF OUR RESPONSIBLE AI FUNDING CYCLE UNDE
Source: Form 990 for the year ending December 31, 2025, 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 2025.
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 August 2024.
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.