Neo Philanthropy Inc
94% goes to programs $1 to raise $100 Strong reserves Growing revenue
Neo Philanthropy Inc is a 501(c)(3) organization based in New York, New York, registered in 1984, with $168,890,598 in FY2024 revenue. CharityIndex grades it A, and it directs about 94% of spending to programs.
1001 Avenue of the Americas 12th Fl, New York, NY, 10018 EIN 13-3191113 Since 1984
Revenue (FY2024)
$168.9M
▲ 0.7% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$184.9M
Net assets
$164.9M
Employees
447
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating94% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Neo Philanthropy Inc: 94% to programs · $1 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating11 mo reserves · -10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Neo Philanthropy Inc: 11 mo reserves · -10% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Neo Philanthropy Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Neo Philanthropy Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See schedule o.
What they do
The state infrastructure fund supports the development of state-based networks of organizations that coordinate their programming to increase civic participation among historically underrepresented communities and to protect their right to vote.
The donor services program provides strategic, operational, and support services to donor-driven projects, developed in collaboration with funders. funders include private foundations, philanthropic affinity groups, corporate donors, community foundations, as well as individuals. although donor-driven, donor services projects must first and foremost be aligned with our organizational mission and values and can include significant grantmaking efforts.
Other charitable and grantmaking programs
Contact & location
- Address
- 1001 Avenue of the Americas 12th Fl, New York, NY, 10018
- City
- New York
- State
- New York
- Category
- Public & Societal Benefit
- Subcategory
- Public Benefit Programs
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $51.7M (FY2014) to $168.9M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $20.7MNet assets $164.9M
Operating margin
-9.5%
Spent more than it raised in the latest fiscal year.
Total assets
$185.6M
Total liabilities
$20.7M
Net assets
$164.9M
Salaries & benefits
$43.9M
24% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $168,890,598▲0.7% | $184,937,212▲44.2% | $164,920,430▼8.6% | $185,577,115▼7.2% | 990 |
| 2023 | $167,648,220▲27.0% | $128,270,774▲12.5% | $180,341,005▲27.7% | $199,912,880▲30.4% | 990 |
| 2022 | $132,029,874▼8.5% | $114,068,624▲8.0% | $141,235,940▲11.2% | $153,308,341▲8.4% | 990 |
| 2021 | $144,358,199▲8.2% | $105,641,701▼17.4% | $127,047,807▲42.7% | $141,436,471▲46.8% | 990 |
| 2020 | $133,422,585▲24.7% | $127,961,206▲73.3% | $89,046,877▲10.1% | $96,344,863▲9.2% | 990 |
| 2019 | $106,981,767▲28.4% | $73,819,124▲7.4% | $80,859,053▲67.7% | $88,230,924▲74.6% | 990 |
| 2018 | $83,350,838▲43.5% | $68,749,210▲52.5% | $48,230,287▲43.4% | $50,522,759▲45.0% | 990 |
| 2017 | $58,068,414▲51.3% | $45,086,138▲16.9% | $33,622,033▲62.9% | $34,839,820▲60.6% | 990 |
| 2016 | $38,374,187▼2.5% | $38,557,461▼2.9% | $20,639,757▼0.6% | $21,700,060▼5.0% | 990 |
| 2015 | $39,361,192▼23.9% | $39,701,506▼15.3% | $20,771,527▼15.4% | $22,850,503▼13.4% | 990 |
| 2014 | $51,747,439 | $46,872,485 | $24,557,296 | $26,376,645 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Dwana Franklin Davis — $355,267 (0.19% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dwana Franklin Davis | Program Director | 40 | $355,267 |
| Michele Lord | President | 39.5 | $323,627 |
| Rutledge Simmons | Vice President and General Counsel | 39.9 | $277,300 |
| Zainab Salbi | Program Director | 40 | $271,493 |
| Erin Ballard | Coo and Executive Vp | 39.6 | $269,084 |
| Margarita Rubalcava | Chief Program Officer | 39.9 | $266,010 |
| Erica Linnick | Vice President, Sif | 40 | $260,028 |
| Rini Chakraborty | Vice President, Fff | 38.1 | $257,563 |
| Alexandra Toma | Program Director | 40 | $245,940 |
| Edwin Rekosh | Program Director | 40 | $244,257 |
| Amanda Navarro | Program Director | 40 | $228,298 |
| Su Lim | Cfo and Vp of Infrastructure | 35.6 | $220,283 |
| Alex-handrah Aime | Board Member | 1 | — |
| Blake Strode | Board Member | 1 | — |
| Cathy Albisa | Vice Chair | 1 | — |
| Christina Schatz | Secretary/treasurer | 1 | — |
| Darren Sandow | Board Member (through January 2024) | 1 | — |
| Glenn Harris | Board Member | 1 | — |
| John Gilroy Esq | Board Member | 1 | — |
| Kerrien Suarez | Co-chair | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Team Blackbird LLC | Project Management | $2,280,000 |
| Analyst Institute | Project Management | $1,100,752 |
| #shout LLC | Project Management | $997,000 |
| Civitas Public Affairs Group LLC | Communications | $887,633 |
| Envision Change LLC | Project Management | $503,183 |
Grants received · $173.3M total
413 grants to Neo Philanthropy Inc totaling $173.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Silicon Valley Community Foundation | General nonprofit support | 2024 | $2,368,900 |
| Tides Foundation | Healthy individuals and communities | 2024 | $1,582,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2024 | $1,552,800 |
| Common Counsel Foundation | Cypress fund | 2024 | $1,500,000 |
| Amalgamated Charitable Foundation Inc | General operating support and project support | 2024 | $1,317,500 |
| Rockefeller Philanthropy Advisors Inc | Civil rights, social action & advocacy, philanthropy, voluntarism & grantmaking foundations, public & societal benefit, health care, civil rights, social action & advocacy, health care, health care, health care, community improvement & capacity building, philanthropy, voluntarism & grantmaking foundations, civil rights, social action & advocacy, human services, public & societal benefit | 2024 | $1,250,000 |
| Impactassets Inc | General support | 2024 | $1,191,000 |
| Clean Slate Initative Inc | The clean slate initiative provides grants to national organizations advancing automated record clearance legislation that removes barriers to employment, housing, and education for millions of eligible americans with criminal records. | 2024 | $700,000 |
| Voter Registration Project | Voter registration | 2024 | $645,526 |
| American Online Giving Foundation Inc | General support | 2024 | $641,667 |
| Hopewell Fund | Civil rights, social action, advocacy | 2024 | $400,258 |
| NAACP Empowerment Programs Inc | Bcvf grant to strengthen civic engagement and voter participation in black communities | 2024 | $339,987 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $272,500 |
| American Endowment Foundation | Public affairs | 2024 | $265,250 |
| Future Forward USA Action | Primary purpose | 2024 | $250,000 |
Grants made · $103.5M in FY2024
558 grants totaling $103.5M in FY2024 — showing the 15 largest. All grants made by Neo Philanthropy Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Breakthrough Energy Foundation | Program grant | $23,580,000 |
| Asian Americans Advancing Justice -aajc Inc | Program grant | $3,675,000 |
| National Black Worker Center | Program grant | $2,598,740 |
| Ford Foundation | Program grant | $2,123,725 |
| One Arizona | Program grant | $1,780,000 |
| Blueprint North Carolina | Program grant | $1,100,000 |
| Tides Center | Program grant | $1,078,250 |
| Alliance For Youth Organizing | Program grant | $1,050,000 |
| Oficina Legal Del Pueblo Unido Inc | Program grant | $1,050,000 |
| Center For Civic Policy | Program grant | $1,005,000 |
| Mississippi Engaged | Program grant | $1,000,000 |
| State Power Fund | Program grant | $953,500 |
| Rewriting the Code Inc | Program grant | $945,000 |
| Power Coalition For Equity and Justice | Program grant | $940,000 |
| Tides Foundation | Program grant | $840,000 |
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Frequently asked questions
- Is Neo Philanthropy Inc a legitimate nonprofit?
- Yes. Neo Philanthropy Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3191113, based in New York, New York. Donations are tax-deductible.
- What is Neo Philanthropy Inc's EIN?
- Neo Philanthropy Inc's Employer Identification Number (EIN) is 13-3191113.
- How much revenue does Neo Philanthropy Inc report?
- Neo Philanthropy Inc reported $168,890,598 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Neo Philanthropy Inc's spending goes to programs?
- Neo Philanthropy Inc spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Neo Philanthropy Inc have?
- CharityIndex grades Neo Philanthropy Inc A, based on program efficiency and fundraising cost.
- How much does Neo Philanthropy Inc's highest-paid employee make?
- The highest reported compensation on Neo Philanthropy Inc's latest Form 990 is $355,267, paid to Dwana Franklin Davis (Program Director).
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Explore more
Data for Neo Philanthropy Inc (EIN 13-3191113) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.