Civic Intelligence

New Harvest Inc

990 • Fiscal year 2014 • EIN 20-1425438

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 15, 2015

307 Hancock St 3Brooklyn, NY 11216

(347) 259-3055

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

97th percentile

80%

Higher net margin than 97% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

92nd percentile

$47,950

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 16.5% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$283,187

No earlier filing loaded for comparison.

Net Assets

$283,187

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$291,448

No earlier filing loaded for comparison.

Expenses

$59,570

No earlier filing loaded for comparison.

Net Income

$231,878

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2014: $283,187Liabilities 2014: $0Net Assets 2014: $283,1872014Assets 2015: $674,074Liabilities 2015: $8,000Net Assets 2015: $666,0742015Assets 2016: $672,386Liabilities 2016: $11,110Net Assets 2016: $661,2762016Assets 2017: $1,136,099Liabilities 2017: $92,350Net Assets 2017: $1,043,7492017Assets 2018: $1,228,391Liabilities 2018: $43,835Net Assets 2018: $1,184,5562018Assets 2019: $3,675,826Liabilities 2019: $17,015Net Assets 2019: $3,658,8112019Assets 2020: $4,395,603Liabilities 2020: $68,144Net Assets 2020: $4,327,4592020Assets 2021: $6,304,936Liabilities 2021: $15,094Net Assets 2021: $6,289,8422021Assets 2022: $8,442,593Liabilities 2022: $37,650Net Assets 2022: $8,404,9432022Assets 2023: $7,086,032Liabilities 2023: $0Net Assets 2023: $7,086,0322023Assets 2024: $3,905,345Liabilities 2024: $698Net Assets 2024: $3,904,6472024

Highlighted filing

2014

Assets$283,187
Liabilities$0
Net Assets$283,187

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $291,448Expenses 2014: $59,570Net Income 2014: $231,8782014Revenue 2015: $685,275Expenses 2015: $301,995Net Income 2015: $383,2802015Revenue 2016: $550,302Expenses 2016: $554,983Net Income 2016: -$4,6812016Revenue 2017: $1,021,408Expenses 2017: $638,935Net Income 2017: $382,4732017Revenue 2018: $1,118,475Expenses 2018: $862,667Net Income 2018: $255,8082018Revenue 2019: $1,354,476Expenses 2019: $934,221Net Income 2019: $420,2552019Revenue 2020: $1,616,243Expenses 2020: $1,618,595Net Income 2020: -$2,3522020Revenue 2021: $2,509,988Expenses 2021: $2,179,617Net Income 2021: $330,3712021Revenue 2022: $1,970,761Expenses 2022: $2,089,660Net Income 2022: -$118,8992022Revenue 2023: $1,740,255Expenses 2023: $1,378,266Net Income 2023: $361,9892023Revenue 2024: $797,070Expenses 2024: $976,255Net Income 2024: -$179,1852024

Highlighted filing

2014

Revenue$291,448
Expenses$59,570
Net Income$231,878
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 15, 2015
Return Version
2014v5.0
Gross Receipts
$291,448
Mission and Program Overview

Mission

To support education & scientific research that advance technologies that make animal products (meat, eggs, milk, etc.) without the animals in order to reduce animal suffering, improve human health, & protect the environment.

Our mission is to support education and scientific research that advance technologies that make animal products (meat, eggs, milk, etc.) without animals in order to reduce animal suffering, improve human health, and protect the environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$50,634$154,458▲ $103,824
Accounts Receivable-$54,300-
Investments Program Related-$45,000-
Investments in Publicly Traded Securities-$29,429-
Total Assets$50,634$283,187▲ $232,553
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$50,634$283,187▲ $232,553
Total Net Assets Fund Balance$50,634$283,187▲ $232,553
Total Liabilities and Net Assets / Fund Balance$50,634$283,187▲ $232,553

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$45,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Isha DatarDirector, Executive DirectorFT$47,950$47,950

Board Members and Trustees

NameTitle
Dane NellerDirector
Jason MathenyDirector
Scott BanisterDirector
Uma ValetiDirector
Dan PhillipsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$246,448
Program Service Revenue
$45,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$246,448
Change in Net Assets
$231,878

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$29,745Closing price on day received
Total Noncash Contributions4$29,745-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$47,950
Other Expenses$11,620
Total Fundraising Expense$6,647
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$38,360$4,795$4,795$47,950
Fees for Services Other$4,851$370$370$5,591
Travel$1,819$0$0$1,819
Fees for Services Legal$0$1,597$0$1,597
Advertising$876$0$0$876
Other Expenses$0$0$608$608
Information Technology$53$52$52$157
Conferences and Meetings$150$0$0$150
Total Functional Expenses$46,109$6,814$6,647$59,570
International Activity

International Summary

Offices
1
Employees
1
Spending
$47,950

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaProgram Service, management and fundraisingAnimal product replacement11$47,950
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
New Harvest Inc
EIN
20-1425438
Phone
3472593055
Address
307 Hancock St 3, Brooklyn, NY 11216

Signing Officer

Name
Isha Datar
Title
Executive Director
Phone
3472593055
Signed
2015-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Isha Datar
Formed
2004
Legal Domicile
De
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
8

Preparer

Firm
Jodi Chemes CPA Pllc
Address
445 48th Ave N, St Petersburg, FL 33703
Preparer
Jodi Chemes
Phone
7272376223
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

President and Treasurer review and sign off; board members were given the opportunity to review.

Pt VI, Line 12C

New Harvest's conflict of interest policy is modeled on the IRS's provided sample. Each director and officer must annually affirm that they have read and understand New Harvest's conflict of interest policy, that they agree to comply with it, and that they understand New Harvest must engage primarily in activities that accomplish its exempt purpose.

Pt XI

New Harvest has $989.34 more cash as of 12/31/14 than anticipated. This may be attributable to a donation that was somehow not recorded or an expense that was improperly recorded. We have diligently tried to find the error but have not been successful.

Pt VI, Line 19

These documents were available for public inspection upon request of New Harvest.

Raw XML Appendix365 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt047950
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Not applicable. Organization does not issue grants outside US. A New Harvest employee was based in Canada during 2014.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt047950
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt04
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0Closing price on day received
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt029745
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0New Harvest received a single block of stock from each of two donors and two blocks of stock from one donor. A block of stock is multiple shares of the same stock donated at the same time.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I col(b)
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0President and Treasurer review and sign off; board members were given the opportunity to review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1New Harvest's conflict of interest policy is modeled on the IRS's provided sample. Each director and officer must annually affirm that they have read and understand New Harvest's conflict of interest policy, that they agree to comply with it, and that they understand New Harvest must engage primarily in activities that accomplish its exempt purpose.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2New Harvest has $989.34 more cash as of 12/31/14 than anticipated. This may be attributable to a donation that was somehow not recorded or an expense that was improperly recorded. We have diligently tried to find the error but have not been successful.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3These documents were available for public inspection upon request of New Harvest.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt050634
IRS990/TotalAssetsEOYAmt0283187
IRS990/TotalAssetsGrp/BOYAmt050634
IRS990/TotalAssetsGrp/EOYAmt0283187
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0246448
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06647
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06814
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt046109
IRS990/TotalFunctionalExpensesGrp/TotalAmt059570
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt050634
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0283187
IRS990/TotalProgramServiceExpensesAmt046109
IRS990/TotalProgramServiceRevenueAmt045000
IRS990/TotalReportableCompFromOrgAmt047950
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt045000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0291448
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt050634
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0283187
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt01819
IRS990/TravelGrp/TotalAmt01819
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt050634
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0283187
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0307 Hancock St 3
IRS990/USAddress/CityNm0Brooklyn
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011216
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0www.new-harvest.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ISHA DATAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03472593055
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0New Harvest Inc
ReturnHeader/Filer/BusinessNameControlTxt0NEWH
ReturnHeader/Filer/EIN0201425438
ReturnHeader/Filer/PhoneNum03472593055
ReturnHeader/Filer/USAddress/AddressLine1Txt0307 Hancock St 3
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011216
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JODI CHEMES CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0445 48th Ave N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0St Petersburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033703
ReturnHeader/PreparerPersonGrp/PhoneNum07272376223
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JODI CHEMES
ReturnHeader/ReturnTs02015-08-25T13:22:59-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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