New Land Foundation Inc
New Land Foundation Inc maintains strong asset growth and reports no officer compensation over a decade.
EIN: 136086562 · San Francisco, CA · Updated: 2026-03-28
Is New Land Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Land Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Land Foundation Inc
New Land Foundation Inc (EIN: 136086562) is a nonprofit organization based in San Francisco, CA. The organization reported total revenue of $5.7M and total assets of $27.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Land Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Land Foundation Inc is a mid-size nonprofit that has been operating for 84 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 34.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$332K |
| Total Assets | $26.7M |
| Total Liabilities | $1 |
| Net Assets | $26.7M |
| Operating Margin | 13.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 144.0 months |
Financial Health Grade: A
In 2023, New Land Foundation Inc reported a surplus of $332K with revenue exceeding expenses, holds 144.0 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 Land Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 34.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.2% | -9.2% | -0.2% |
| 2022 | -71.0% | +14.6% | -3.1% |
| 2021 | +114.4% | +0.2% | +11.3% |
| 2020 | -7.9% | +1.2% | +0.7% |
| 2019 | -39.8% | -2.0% | +5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Land Foundation Inc with a Mission Score of 90 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, New Land Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 $332K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization of its size with assets exceeding $27 million and suggests a strong commitment to directing funds towards its mission.
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.
Strengths
The following positive indicators were identified for New Land Foundation Inc:
- Consistent asset growth, from $20,162,818 in 2011 to $27,579,072 currently.
- Extremely low liabilities, consistently reported as $1 or $0 across all filings.
- 0% officer compensation reported across all ten filings, indicating strong financial transparency and mission focus.
- Revenue generally exceeds expenses, allowing for healthy financial reserves and asset accumulation.
- Consistent filing of IRS Form 990s over a decade, demonstrating compliance and transparency.
Frequently Asked Questions about New Land Foundation Inc
Is New Land Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Land Foundation Inc (EIN: 136086562) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does New Land Foundation Inc spend its money?
New Land Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Land Foundation Inc tax-deductible?
New Land Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136086562). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is New Land Foundation Inc a good charity?
Based on the available financial data, New Land Foundation Inc appears to be a financially sound organization with consistent asset growth and extremely low liabilities. The consistent reporting of 0% officer compensation is a significant positive indicator of its commitment to its mission and financial transparency. However, without detailed program spending information, a full assessment of its impact is limited.
How has New Land Foundation Inc's financial health changed over time?
The organization's financial health has steadily improved over time, with assets growing from $20,162,818 in 2011 to $27,579,072 currently. While revenue has fluctuated, expenses have generally been managed effectively, allowing for consistent asset accumulation and minimal liabilities.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation means that the organization's leadership does not receive salaries from the foundation. This is a strong indicator of financial transparency and suggests that resources are being directed entirely towards the organization's mission and operational costs, rather than executive salaries.
Filing History
IRS 990 filing history for New Land Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), New Land Foundation Inc's revenue has grown by 3268.3%, moving from $76K to $2.6M. Total assets increased by 32.4% over the same period, from $20.2M to $26.7M. Total functional expenses rose by 22.6%, from $1.8M to $2.2M. In its most recent filing year (2023), New Land Foundation Inc reported a surplus of $332K, with revenue exceeding expenses. The organization holds $1 in liabilities against $26.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $26.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.2M | $26.7M | $1 | — | — |
| 2022 | $1.4M | $2.5M | $26.8M | $1 | — | View 990 |
| 2021 | $4.9M | $2.1M | $27.6M | $1 | — | View 990 |
| 2020 | $2.3M | $2.1M | $24.8M | $1 | — | View 990 |
| 2019 | $2.5M | $2.1M | $24.6M | $1 | — | View 990 |
| 2015 | $4.1M | $2.2M | $23.4M | $0 | — | View 990 |
| 2014 | $1.9M | $2.0M | $21.4M | $0 | — | View 990 |
| 2013 | $3.1M | $2.0M | $21.5M | $0 | — | View 990 |
| 2012 | $2.2M | $1.9M | $20.4M | $1 | — | View 990 |
| 2011 | $76K | $1.8M | $20.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.2M, and assets of $26.7M (revenue +79.2% year-over-year).
- 2022: Revenue of $1.4M, expenses of $2.5M, and assets of $26.8M (revenue -71.0% year-over-year).
- 2021: Revenue of $4.9M, expenses of $2.1M, and assets of $27.6M (revenue +114.4% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.1M, and assets of $24.8M (revenue -7.9% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.1M, and assets of $24.6M (revenue -39.8% year-over-year).
- 2015: Revenue of $4.1M, expenses of $2.2M, and assets of $23.4M (revenue +115.8% year-over-year).
- 2014: Revenue of $1.9M, expenses of $2.0M, and assets of $21.4M (revenue -38.5% year-over-year).
- 2013: Revenue of $3.1M, expenses of $2.0M, and assets of $21.5M (revenue +43.3% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.9M, and assets of $20.4M (revenue +2765.9% year-over-year).
- 2011: Revenue of $76K, expenses of $1.8M, and assets of $20.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Land Foundation Inc:
Data Sources and Methodology
This transparency report for New Land Foundation Inc 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.