New Cycle Foundation

Danvers, MA
Tax-exempt since April 1985
EIN: 13-3260471

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$1.3M (2023)

Expenses

$1.04M (2023)

Total Assets

$12.1M (2023)

Total Liabilities

$750 (2023)

Years with missing data

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$1,304,205

Expenses

$1,036,598

Net Income

$267,607

Net Assets

$12,076,187

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$6,000	0.5%
Interest Revenue	$0
Dividends	$314,396	24.1%
Sales of Assets	$983,809	75.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$869,070	83.8%
Compensation of Officers*	$12,000	1.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$12,076,937
Total Liabilities	$750
Net Assets	$12,076,187

Compensation

Key Employees and Officers	Compensation	Other
Todd A Klibansky (President)	$12,000	$0
Karin A Griscom (Trustee)	$0	$0

990-PF

Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$677,355

Expenses

$744,205

Net Income

-$66,850

Net Assets

$11,802,063

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$270,990	40.0%
Sales of Assets	$406,365	60.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$585,159	78.6%
Compensation of Officers*	$12,000	1.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,814,063
Total Liabilities	$12,000
Net Assets	$11,802,063

Compensation

Key Employees and Officers	Compensation	Other
Todd A Klibansky (President)	$12,000	$0
Karin A Griscom (Trustee)	$0	$0

990-PF

Filed on Nov. 6, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$984,954

Expenses

$765,981

Net Income

$218,973

Net Assets

$11,871,845

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,000	0.3%
Interest Revenue	$0
Dividends	$243,801	24.8%
Sales of Assets	$738,153	74.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$636,937	83.2%
Compensation of Officers*	$12,000	1.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,883,845
Total Liabilities	$12,000
Net Assets	$11,871,845

Compensation

Key Employees and Officers	Compensation	Other
Karin A Griscom (Trustee)	$12,000	$0
Todd A Klibansky (President)	$0	$0

990-PF

Filed on Nov. 10, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

-$14,685

Expenses

$625,155

Net Income

-$639,840

Net Assets

$11,652,872

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,000
Interest Revenue	$0
Dividends	$229,623
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$489,152	78.2%
Compensation of Officers*	$12,000	1.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,664,872
Total Liabilities	$12,000
Net Assets	$11,652,872

Compensation

Key Employees and Officers	Compensation	Other
Karin A Griscom (Trustee)	$12,000	$0
Todd A Klibansky (President)	$0	$0

990-PF

Filed on Aug. 31, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$162,545

Expenses

$580,148

Net Income

-$417,603

Net Assets

$12,292,712

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,500	1.5%
Interest Revenue	$0
Dividends	$227,049	> 100%
Sales of Assets	$0
Other Income	$38,569	23.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$424,808	73.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$12,304,712
Total Liabilities	$12,000
Net Assets	$12,292,712

Compensation

Key Employees and Officers	Compensation	Other
Karin A Griscom (Trustee)	$0	$0
Todd A Klibansky (President)	$0	$0

990-PF

Filed on June 12, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$19,354

Expenses

$1,168,710

Net Income

-$1,149,356

Net Assets

$12,684,225

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$219,678	> 100%
Sales of Assets	-$200,324
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$914,161	78.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$12,693,425
Total Liabilities	$9,200
Net Assets	$12,684,225

Compensation

Key Employees and Officers	Compensation	Other
Karin A Griscom (Trustee)	$0	$0
Todd A Klibansky (President)	$0	$0

990-PF

Filed on Nov. 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$2,856,739

Expenses

$415,439

Net Income

$2,441,300

Net Assets

$13,853,149

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$71,986	2.5%
Sales of Assets	$2,784,753	97.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$390,898	94.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$13,865,149
Total Liabilities	$12,000
Net Assets	$13,853,149

Compensation

Key Employees and Officers	Compensation	Other
Karin A Griscom (Trustee)	$0	$0
Todd A Klibansky (President)	$0	$0

990-PF

Filed on Nov. 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$1,111,241

Expenses

$742,323

Net Income

$368,918

Net Assets

$11,928,286

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$515,324	46.4%
Sales of Assets	$595,917	53.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$698,006	94.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,940,286
Total Liabilities	$12,000
Net Assets	$11,928,286

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$1,320,976

Expenses

$758,924

Net Income

$562,052

Net Assets

$11,559,368

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$576,632	43.7%
Sales of Assets	$744,344	56.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$732,235	96.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,571,368
Total Liabilities	$12,000
Net Assets	$11,559,368

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$416,631

Expenses

$734,043

Net Income

-$317,412

Net Assets

$10,997,316

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$365,587	87.7%
Sales of Assets	$51,044	12.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$697,801	95.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,009,316
Total Liabilities	$12,000
Net Assets	$10,997,316

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$482,972

Expenses

$785,920

Net Income

-$302,948

Net Assets

$11,314,728

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$374,027	77.4%
Sales of Assets	$108,945	22.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$763,460	97.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,314,728
Total Liabilities	$0
Net Assets	$11,314,728

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$361,375

Expenses

$545,948

Net Income

-$184,573

Net Assets

$11,617,676

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$348,805	96.5%
Sales of Assets	$12,570	3.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$555,794	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,627,043
Total Liabilities	$9,367
Net Assets	$11,617,676

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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New Cycle Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.3M (2023)

Expenses $1.04M (2023)

Total Assets $12.1M (2023)

Total Liabilities $750 (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$1.3M (2023)

Expenses

$1.04M (2023)

Total Assets

$12.1M (2023)

Total Liabilities

$750 (2023)

Fiscal Year Ending Dec.
2023

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2022

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2021

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2019

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2018

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2017

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2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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