New Cycle Foundation
New Cycle Foundation maintains over $11 million in assets with no reported officer compensation.
EIN: 133260471 · Danvers, MA · Updated: 2026-03-28
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New Cycle Foundation is mapped to EIN 133260471.
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Raw 990 source linked
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10 stored filing years available.
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80% program spend, health grade A
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| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.0M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $12.1M |
| Transparency Score | 85/100 |
Search Intent Cockpit
New Cycle Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
New Cycle Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around New Cycle Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $1.3M and expenses of $1.0M.
Revenue and Expenses
New Cycle Foundation reported $1.3M in revenue and $1.0M in expenses, a surplus of $268K.
Executive Compensation
Top officer compensation appears as $1 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is New Cycle Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $829K (80%) |
Across stored filings, New Cycle Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade A | 10 stored filing years |
| Peer context | Compare with Joint Committee For Childrens Health Care In Everett | Massachusetts and category context |
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Request a concise report for New Cycle Foundation with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
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New Cycle Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Cycle Foundation
New Cycle Foundation (EIN: 133260471) is a nonprofit organization based in Danvers, MA. The organization reported total revenue of $2.2M and total assets of $11.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Cycle Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Cycle Foundation is a mid-size nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$268K |
| Total Assets | $12.1M |
| Total Liabilities | $750 |
| Net Assets | $12.1M |
| Operating Margin | 20.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 139.8 months |
Financial Health Grade: A
In 2023, New Cycle Foundation reported a surplus of $268K with revenue exceeding expenses, holds 139.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), New Cycle Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +92.5% | +39.3% | +2.2% |
| 2022 | -31.2% | -2.8% | -0.6% |
| 2020 | -109.0% | +7.8% | -5.2% |
| 2019 | -85.4% | -21.8% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Cycle Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, New Cycle Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $268K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with over $1 million in annual expenses and over $11 million in assets. This suggests either a fully volunteer executive leadership or that compensation is categorized differently, requiring deeper scrutiny for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New Cycle Foundation's IRS 990 filings:
- 0% officer compensation reported across all filings, which is highly unusual for an organization of this size and could indicate a lack of transparency in reporting executive pay.
- Negative revenue reported in 2020 (-$14,685) without immediate explanation in summary data.
Strengths
The following positive indicators were identified for New Cycle Foundation:
- Strong asset base, consistently over $11 million, providing financial stability.
- Very low liabilities, indicating a healthy balance sheet and minimal debt.
- Consistent filing of IRS Form 990s, demonstrating regulatory compliance.
- Positive revenue trend in recent years (2022-2023) after some volatility.
Frequently Asked Questions about New Cycle Foundation
Is New Cycle Foundation a legitimate charity?
New Cycle Foundation (EIN: 133260471) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New Cycle Foundation spend its money?
New Cycle Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Cycle Foundation tax-deductible?
New Cycle Foundation is registered as a tax-exempt nonprofit (EIN: 133260471). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Cycle Foundation CEO make?
New Cycle Foundation's highest-compensated officer earns $1 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Cycle Foundation's spending goes to programs?
New Cycle Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Cycle Foundation located?
New Cycle Foundation is headquartered in Danvers, Massachusetts and files with the IRS under EIN 133260471.
How many years of IRS 990 filings does New Cycle Foundation have?
New Cycle Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.2M in total revenue.
How does New Cycle Foundation manage to operate with 0% reported officer compensation?
The IRS 990 data consistently shows 0% officer compensation. This could mean the executive leadership is entirely volunteer-based, or their compensation is reported under other expense lines, which would require reviewing the full 990 forms for clarification.
What are the specific programs New Cycle Foundation funds or operates?
The provided data does not detail the specific programs. To understand the mission and impact, one would need to consult the organization's website or the full IRS 990 forms, particularly Schedule O.
What caused the negative revenue in 2020 (-$14,685)?
Negative revenue can occur due to various reasons such as significant returns of contributions, investment losses, or adjustments from prior periods. A detailed review of the 2020 IRS 990 would be necessary to understand the specific cause.
How does the organization sustain its operations with fluctuating revenue?
New Cycle Foundation maintains a substantial asset base, consistently over $11 million. This significant endowment or investment fund likely provides a stable financial cushion, allowing the organization to cover expenses even during periods of lower or negative revenue, as seen in 2020.
Filing History
IRS 990 filing history for New Cycle Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), New Cycle Foundation's revenue has grown by 260.9%, moving from $361K to $1.3M. Total assets increased by 3.9% over the same period, from $11.6M to $12.1M. Total functional expenses rose by 89.9%, from $546K to $1.0M. In its most recent filing year (2023), New Cycle Foundation reported a surplus of $268K, with revenue exceeding expenses. The organization holds $750 in liabilities against $12.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.0M | $12.1M | $750 | — | — |
| 2022 | $677K | $744K | $11.8M | $12K | — | View 990 |
| 2021 | $985K | $766K | $11.9M | $12K | — | View 990 |
| 2020 | $-14,685 | $625K | $11.7M | $12K | — | View 990 |
| 2019 | $163K | $580K | $12.3M | $12K | — | View 990 |
| 2015 | $1.1M | $742K | $11.9M | $12K | — | View 990 |
| 2014 | $1.3M | $759K | $11.6M | $12K | — | View 990 |
| 2013 | $417K | $734K | $11.0M | $12K | — | View 990 |
| 2012 | $483K | $786K | $11.3M | $0 | — | View 990 |
| 2011 | $361K | $546K | $11.6M | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.0M, and assets of $12.1M (revenue +92.5% year-over-year).
- 2022: Revenue of $677K, expenses of $744K, and assets of $11.8M (revenue -31.2% year-over-year).
- 2021: Revenue of $985K, expenses of $766K, and assets of $11.9M.
- 2020: Revenue of $-14,685, expenses of $625K, and assets of $11.7M (revenue -109.0% year-over-year).
- 2019: Revenue of $163K, expenses of $580K, and assets of $12.3M (revenue -85.4% year-over-year).
- 2015: Revenue of $1.1M, expenses of $742K, and assets of $11.9M (revenue -15.9% year-over-year).
- 2014: Revenue of $1.3M, expenses of $759K, and assets of $11.6M (revenue +217.1% year-over-year).
- 2013: Revenue of $417K, expenses of $734K, and assets of $11.0M (revenue -13.7% year-over-year).
- 2012: Revenue of $483K, expenses of $786K, and assets of $11.3M (revenue +33.6% year-over-year).
- 2011: Revenue of $361K, expenses of $546K, and assets of $11.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Cycle Foundation:
Data Sources and Methodology
This transparency report for New Cycle Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.