Public Charity

NEW APPROACH ADVOCACY FUND

NEW APPROACH ADVOCACY FUND is a nonprofit organization categorized as Public Charity based in Washington, DC. Its most recent IRS filing (2024) reports revenue of $1.1M, expenses of $995K, total assets of $249K. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $1.3M.

EIN: 842269727 Washington, DC Latest filing: 2024
Total Revenue$1.1M
Total Expenses$995K
Total Assets$249K
Grant Records4
Funding Total$1.3M
Filing Years2020–2024

Mission

The organization promotes social welfare to further the common good and general welfare of the people of the community for purposes within the meaning of section 501c4 of the Internal Revenue Code including but not limited to reforming local state and federal laws on social justice issues including the adoption of non-punitive drug laws increases in the minimum wage and the expansion of voting rights. The work includes the following: i to educate the public and to promote discussions solutions and advancements on these issues ii to shape draft support and advocate for legislative reforms and ballot initiatives and other efforts that will advance reform and change laws on these issues iii to educate lawmakers and promote government policies that will implement reforms on these issues iv to educate the public to bring greater awareness and foster greater understanding of how such reforms further enhance the public interest and v for other lawful purposes.

Where $100 goes at New Approach Advocacy Fund

How New Approach Advocacy Fund divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$97 Programs the work itself
$2 Management running the organization
$1 Fundraising raising the next dollar

Inside the $97 for programs

$94
Education and reform of local and state laws regarding the adoption of non-punitive drug laws relating to psychedelics
97% of program spending
$3
Education and reform of local and state laws regarding the adoption of non-punitive drug laws relating to cannabis
3% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

President Graham Boyd

Officer compensation and complete director data available with membership.

Top Grant Purposes

Research & Policy
$1,000,000 1 grant
Education
$150,000 1 grant
General Support
$100,000 1 grant
Civil Rights & Social Justice
$85,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.1M $995K $249K
2023 $943K $1.3M $155K
2022 $4.7M $5.7M $483K
2020 $75K $52K $24K

Between 2020 and 2024, reported annual revenue grew from $75K to $1.1M (+1344%), with total assets most recently reported at $249K.

Interactive year-over-year charts and full filing details available with membership.

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