NEW ECONOMY COALITION INC Charity Report

Public IRS 990 nonprofit record

NEW ECONOMY COALITION INC

EIN 03-0278626 · Environment N.E.C. (C99)

What they do

NEW ECONOMY COALITION EXISTS to SUPPORT A JUST TRANSITION FROM AN EXTRACTIVE to A REGENERATIVE ECONOMY BY BUILDING THE SCALE and POWER of THE SOLIDARITY ECONOMY MOVEMENT IN BLACK, INDIGENOUS, and WORKING CLASS COMMUNITIES IN EVERY REGION of THE UNITED STATES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

98.67%of revenue went to mission work84.7% of expenses · Program services

8.56%of revenue went to fundraising7.3% of expenses

$116.46spent for every $100 of revenueSpending was higher than revenue this year.

9.23%of revenue went to management and office costs7.9% of expenses

$0.85in assets for every $1 spent this yearSome assets cannot be spent right away.

98.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $341,464 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $143,630 for SHARDE NABORS (RESOURCE REDISTRIBUTION DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,074,059

Mission workProgram services$2,046,50698.67% of revenue84.7% of expenses

ManagementOffice and general costs$191,5129.23% of revenue7.9% of expenses

FundraisingAsking for donations$177,5058.56% of revenue7.3% of expenses

Total expenses$2,415,523116.46% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.7% mission · 7.9% management · 7.3% fundraisingTotal expenses: 116.46% of revenue

2023Expense mix: 82.7% mission · 10.0% management · 7.3% fundraisingTotal expenses: 89.08% of revenue

2022Expense mix: 80.9% mission · 11.5% management · 7.6% fundraisingTotal expenses: 82.95% of revenue

2021Expense mix: 77.3% mission · 15.0% management · 7.8% fundraisingTotal expenses: 61.08% of revenue

2020Expense mix: 64.7% mission · 21.2% management · 14.1% fundraisingTotal expenses: 88.02% of revenue

2019Expense mix: 71.8% mission · 16.3% management · 11.9% fundraisingTotal expenses: 78.93% of revenue

2018Expense mix: 61.4% mission · 26.3% management · 12.3% fundraisingTotal expenses: 91.75% of revenue

2017Expense mix: 65.0% mission · 24.2% management · 10.8% fundraisingTotal expenses: 100.50% of revenue

Money in and money out

Revenue$2,074,059

Expenses$2,415,523

Annual shortfall $341,464 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,046,506 · 84.7% of expenses

Management and office costs$191,512 · 7.9% of expenses

Fundraising$177,505 · 7.3% of expenses

See all reported dollar amounts

Revenue$2,074,059

Expenses$2,415,523

Assets$2,046,270

Income$2,074,059

Contributions$2,037,107

Mission work (program services)$2,046,506

Fundraising$177,505

Grants given$1,230,665

Average grant$9,323

Management and general$191,512

Executive compensation (total)$310,798

Accounting fees$51,436

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SHARDE NABORSRESOURCE REDISTRIBUTION DI · 35 hrs/week $143,630Base $120,235 · Other $23,395

BRYANA DIFONZOORGANIZATIONAL RESILIENCE DIRECTOR · 35 hrs/week $120,228Base $85,006 · Other $35,222

BELEN MARCO CRISPONARRATIVE STRATEGY DIRECTOR · 35 hrs/week $113,286Base $100,117 · Other $13,169

EMILIE MIYUACHIDIRECTOR · 1 hrs/week $7,200

SUPARNA KUREDIRECTOR · 1 hrs/week $1,925

MARGO DALALDIRECTOR $1,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

SHARDE NABORSRESOURCE REDISTRIBUTION DI

BRYANA DIFONZOORGANIZATIONAL RESILIENCE DIRECTOR

BELEN MARCO CRISPONARRATIVE STRATEGY DIRECTOR

EMILIE MIYUACHIDIRECTOR

SUPARNA KUREDIRECTOR

MARGO DALALDIRECTOR

AYUSHI VIGDIRECTOR

DAVID FERRISCO-TREASURER

HENDRIX BERRYCO-TREASURER

LIBBIE COHNDIRECTOR

MARSHA JACKSONCO-CHAIR

MEKYAH DAVISDIRECTOR

MIKE STRODESECRETARY

STACEY SUTTONDIRECTOR

YUKI KIDOKORODIRECTOR

YVONNE YEN LIUCO-CHAIR

About this charity

Recognized since: January 1981
Location: 68 HARRISON AVE STE 605 PMB 39935, BOSTON, MA 02111-1929
County: Suffolk
In care of: BRYANA DIFONZO
Primary officer: BRYANA DIFONZO, ORGANIZATIONAL RESILIENCE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(716) 597-5419

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: SMITH SULLIVAN & BROWN PC
NTEE classification: Environment N.E.C. (C99)
IRS tax category: Environment N.E.C.
Grant-giving organization: Yes