New Consensus EIN 82-3053965

New Consensus

EIN  82-3053965 Public charity (501(c)(3)) Washington, DC
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Educates leaders on economic challenges and crafts policy solutions.
Leadership
Zack Exley · Executive Director · $196K
Money in and out
$492K revenue, $456K expenses
Bottom line
88% program efficiency

Educates leaders on economic challenges and crafts policy solutions. For fiscal year 2024 it reported $492K in revenue, $456K in expenses, and $178K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$492K
Pt VIII · Ln 12
Total expenses
$456K
Pt IX · Ln 25
Net assets
$178K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $35K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.10 Fundraising $0.02
Program efficiency
88%
of spending reaches programs▲ +4% vs prior filing year
Operating runway
4.9mo
months of highly liquid reserves at operating expense rate▲ +81% vs prior filing year
Surplus margin
+7%
revenue over expenses, this year▲ +103% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$492K
FY2024▲ +145%
Expenses
$456K
FY2024▼ -29%
Total assets
$186K
FY2024▲ +28%
Total liabilities
$9K
FY2024▲ +163%
Total revenue
$492K
Pt VIII · Ln 12
Total expenses
$456K
Pt IX · Ln 25
Net assets
$178K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$35K
Total assetsPt X · Ln 16$186K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $399K of program spending, described in the organization's own filed words · FY2024.
01

New consensus developed and advanced in-depth policy proposals to support U.S. Economic development and transformation, with a primary focus in 2024 on the development of mission for america, a comprehensive policy framework for building a cleaner, more productive, and more equitable U.S. Economy.

$399Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNew Consensus
EINHdr · item D82-3053965
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.newconsensus.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFSep 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$195,864Pt VII · Sec A
Director, President, Congressional Policy Director
$0Pt VII · Sec A
Director, Treasurer
$0Pt VII · Sec A

Zack Exley’s $196K as Executive Director is at the 96th percentile of top reported officer pay among 1711 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Zack Exley$195,864$178,122$110,236$100,570
Robert Hockett$140,000
Demond Drummer$60,000$82,993

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$492K
Investment income$7
Total revenueLn 12$492K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.10 Fundraising $0.02
Program services88%$399K
Management & general10%$47K
Fundraising2%$10K
Total functional expensesLn 25$456K

Balance Sheet

Part X · end of year
CashLn 1$186K
Total assetsLn 16$186K
Total liabilitiesLn 26$9K
Total net assetsLn 32$178K
Months of cash on handcomputed4.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $186K · Operating expenses/yr $456K
4.9 months
Where the money goes
Program services
Program services $399K · Total expenses $456K
88%
Management & General
Management & general $47K · Total expenses $456K
10%
Fundraising
Fundraising $10K · Total expenses $456K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $564K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $492K · Total revenue $492K
100%
Government reliance
Government grants — · Total revenue $492K
Earned-income share
Program service revenue $0 · Total revenue $492K
0%
Investment reliance
Investment income $7 · Total revenue $492K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $456K
0%
Growth & trend
Revenue growth (YoY)
This year $492K · Prior year $201K
+145%
Net-asset trend (YoY)
End of year $178K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $492K · Expenses $456K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $186K
Net-asset ratio
Net assets $178K · Total assets $186K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $186K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Zack Exley · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $196K · Total expenses $456K
43%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $290K · Total expenses $456K
63%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 10%
Fundraising cost ratio 2%
Revenue growth 145%
Legal fee ratio 0%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$740K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$492K revenue · viewing · ⤓ 990 PDF
FY2023$201K revenue · ⤓ 990 PDF
FY2022$1.0M revenue · ⤓ 990 PDF
FY2021$646K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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