Civic Intelligence

New Life Furniture New Life Furniture

990 • Fiscal year 2013 • EIN 26-2703774

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 16, 2014

11431 Williamson Road45241

(513) 391-7507

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

12th percentile

-29%

Higher net margin than 12% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

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

Source year 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Assets

$85,544

No earlier filing loaded for comparison.

Net Assets

$84,568

No earlier filing loaded for comparison.

Liabilities

$976

No earlier filing loaded for comparison.

Revenue

$151,020

No earlier filing loaded for comparison.

Expenses

$194,442

No earlier filing loaded for comparison.

Net Income

-$43,422

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.

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $85,544Liabilities 2013: $976Net Assets 2013: $84,5682013Assets 2014: $77,998Liabilities 2014: $1,856Net Assets 2014: $76,1422014Assets 2015: $106,770Liabilities 2015: $8,172Net Assets 2015: $98,5982015Assets 2016: $107,877Liabilities 2016: $11,690Net Assets 2016: $96,1872016Assets 2017: $114,697Liabilities 2017: $20,116Net Assets 2017: $94,5812017Assets 2018: $182,252Liabilities 2018: $18,091Net Assets 2018: $164,1612018Assets 2019: $214,421Liabilities 2019: $17,886Net Assets 2019: $196,5352019Assets 2020: $627,248Liabilities 2020: $256,637Net Assets 2020: $370,6112020Assets 2021: $944,819Liabilities 2021: $200,619Net Assets 2021: $744,2002021Assets 2022: $3,257,278Liabilities 2022: $2,476,529Net Assets 2022: $780,7492022Assets 2023: $3,525,117Liabilities 2023: $2,884,003Net Assets 2023: $641,1142023Assets 2024: $3,270,139Liabilities 2024: $2,661,388Net Assets 2024: $608,7512024

Highlighted filing

2013

Assets$85,544
Liabilities$976
Net Assets$84,568

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $151,020Expenses 2013: $194,442Net Income 2013: -$43,4222013Revenue 2014: $218,635Expenses 2014: $159,757Net Income 2014: $58,8782014Revenue 2015: $282,329Expenses 2015: $259,873Net Income 2015: $22,4562015Revenue 2016: $255,003Expenses 2016: $270,214Net Income 2016: -$15,2112016Revenue 2017: $433,468Expenses 2017: $456,438Net Income 2017: -$22,9702017Revenue 2018: $672,133Expenses 2018: $602,744Net Income 2018: $69,3892018Revenue 2019: $757,163Expenses 2019: $726,321Net Income 2019: $30,8422019Revenue 2020: $882,793Expenses 2020: $708,717Net Income 2020: $174,0762020Revenue 2021: $1,355,616Expenses 2021: $982,027Net Income 2021: $373,5892021Revenue 2022: $2,092,535Expenses 2022: $2,047,703Net Income 2022: $44,8322022Revenue 2023: $2,852,594Expenses 2023: $2,988,927Net Income 2023: -$136,3332023Revenue 2024: $3,328,959Expenses 2024: $3,361,343Net Income 2024: -$32,3842024

Highlighted filing

2013

Revenue$151,020
Expenses$194,442
Net Income-$43,422
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 16, 2014
Return Version
2013v3.1
Gross Receipts
$151,020
Mission and Program Overview

Mission

A ministry that focuses on collecting gently used furniture and delivering to families and individuals in need throughout the greater cincinnati area. Our vision is to spread god's love by showing families that they are cared fro and making their homes a more comfortable place to live.

A ministry that focuses on collecting gently used furniture and delivering to families and individuals in need throughout the greater cincinnati area. Our vision is to spread god's love by showing families that they are cared for and making their homes a more comfortable place.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$64,773$50,380▼ $14,393
Land, Buildings, and Equipment, Net$34,169$34,169→ $0
Accounts Receivable$1,980$995▼ $985
Total Assets$100,922$85,544▼ $15,378
Liabilities
Accounts Payable and Accrued Expenses$3,132$976▼ $2,156
Total Liabilities$3,132$976▼ $2,156
Net Assets / Fund Balance
Unrestricted Net Assets$97,790$84,568▼ $13,222
Total Net Assets Fund Balance$97,790$84,568▼ $13,222
Total Liabilities and Net Assets / Fund Balance$100,922$85,544▼ $15,378

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$34,169-$34,169
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason RehmelPresident
Mark WeathermanBoard Member
Seth VoitSecretary
Sherry RobinsonTreasurer
Nancy GrantVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$151,020
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$151,020
Change in Net Assets
$-43,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$116,270
Salaries, Compensation, and Employee Benefits$78,172
Total Fundraising Expense$17,374
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$75,822$2,519$3,148$81,489
Other Salaries and Wages$58,381$3,649$10,947$72,977
Fees for Services Other$23,346--$23,346
Insurance$6,246--$6,246
Payroll Taxes$4,156$260$779$5,195
Advertising$2,500-$2,500$5,000
Conferences and Meetings$189--$189
Total Functional Expenses$170,640$6,428$17,374$194,442
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
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is prepared by treasurer and executive director, reviewed by the board of directors (trustees)and available for review on the organization's website

Form 990, Page 6, Part VI, Line 12C

At least annually an email is sent to all directors/officers/trustees and key employees with a conflict of interest quiestionnaire which is to be completed, signed and returned to the nlf office. These responses are reveiwed at the board meeting following mailing to verify compliance and questions.

Form 990, Page 6, Part VI, Line 15A

The executive director does receive compensation. The compensation paid is below the level of comparable organizations key employees. The board is looking at procedures to address raises once key employee salaries are made competitive.

Form 990, Page 6, Part VI, Line 19

The board is continuing to evaluate what information will be available on the website. Currently all notedinformation if available upon request.

Filing and Contact Details

Filer

EIN
26-2703774

Signing Officer

Name
Holly Young
Title
Executive Director
Signed
2014-11-16

Organization Details

Principal Officer
Holly R Young
Formed
2008
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
0
Employees
3
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

A ministry that focuses on collecting gently used furniture and delivering to families and individuals in need throughout the greater cincinnati area. Our vision is to spread god's love by showing families that they are cared for and making their homes a more comfortable place.

Form 990, Page 2, Part III, Line 4D

The only program new life furniture currently has is delivering donated gently used furniture to families in need in the greater cincinnati area. Their need is usually the result of overcoming homelessness, having fled an abusive situation or having had a catastrophy such as fire or natural disaster. During 2012 nlf delivered furniture with a fair market value of 199,763 to families in need. Each family who recieves furniture also receives a welcom home basket which includes personal care items, cleaning supplies and a bible. Through our items dlivered and our caring volunteers, our vision is to spread god's love by showing htem that they have value and are cared for and loved. We hope to make their home more comfortable enabling them to focus on their families and jobs. We partner with a wide variet of churchs, retirement homes, furniture stores, business and non profit organizations to make this vision come true.

Form 990, Part IX, Line 11G

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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE ONLY PROGRAM NEW LIFE FURNITURE CURRENTLY HAS IS DELIVERING DONATED GENTLY USED FURNITURE TO FAMILIES IN NEED IN THE GREATER CINCINNATI AREA. THEIR NEED IS USUALLY THE RESULT OF OVERCOMING HOMELESSNESS, HAVING FLED AN ABUSIVE SITUATION OR HAVING HAD A CATASTROPHY SUCH AS FIRE OR NATURAL DISASTER. DURING 2012 NLF DELIVERED FURNITURE WITH A FAIR MARKET VALUE OF 199,763 TO FAMILIES IN NEED. EACH FAMILY WHO RECIEVES FURNITURE ALSO RECEIVES A WELCOM HOME BASKET WHICH INCLUDES PERSONAL CARE ITEMS, CLEANING SUPPLIES AND A BIBLE. THROUGH OUR ITEMS DLIVERED AND OUR CARING VOLUNTEERS, OUR VISION IS TO SPREAD GOD'S LOVE BY SHOWING HTEM THAT THEY HAVE VALUE AND ARE CARED FOR AND LOVED. WE HOPE TO MAKE THEIR HOME MORE COMFORTABLE ENABLING THEM TO FOCUS ON THEIR FAMILIES AND JOBS. WE PARTNER WITH A WIDE VARIET OF CHURCHS, RETIREMENT HOMES, FURNITURE STORES, BUSINESS AND NON PROFIT ORGANIZATIONS TO MAKE THIS VISION COME TRUE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A MINISTRY THAT FOCUSES ON COLLECTING GENTLY USED FURNITURE AND DELIVERING TO FAMILIES AND INDIVIDUALS IN NEED THROUGHOUT THE GREATER CINCINNATI AREA. OUR VISION IS TO SPREAD GOD'S LOVE BY SHOWING FAMILIES THAT THEY ARE CARED FOR AND MAKING THEIR HOMES A MORE COMFORTABLE PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ONLY PROGRAM NEW LIFE FURNITURE CURRENTLY HAS IS DELIVERING DONATED GENTLY USED FURNITURE TO FAMILIES IN NEED IN THE GREATER CINCINNATI AREA. THEIR NEED IS USUALLY THE RESULT OF OVERCOMING HOMELESSNESS, HAVING FLED AN ABUSIVE SITUATION OR HAVING HAD A CATASTROPHY SUCH AS FIRE OR NATURAL DISASTER. DURING 2012 NLF DELIVERED FURNITURE WITH A FAIR MARKET VALUE OF 199,763 TO FAMILIES IN NEED. EACH FAMILY WHO RECIEVES FURNITURE ALSO RECEIVES A WELCOM HOME BASKET WHICH INCLUDES PERSONAL CARE ITEMS, CLEANING SUPPLIES AND A BIBLE. THROUGH OUR ITEMS DLIVERED AND OUR CARING VOLUNTEERS, OUR VISION IS TO SPREAD GOD'S LOVE BY SHOWING HTEM THAT THEY HAVE VALUE AND ARE CARED FOR AND LOVED. WE HOPE TO MAKE THEIR HOME MORE COMFORTABLE ENABLING THEM TO FOCUS ON THEIR FAMILIES AND JOBS. WE PARTNER WITH A WIDE VARIET OF CHURCHS, RETIREMENT HOMES, FURNITURE STORES, BUSINESS AND NON PROFIT ORGANIZATIONS TO MAKE THIS VISION COME TRUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PREPARED BY TREASURER AND EXECUTIVE DIRECTOR, REVIEWED BY THE BOARD OF DIRECTORS (TRUSTEES)AND AVAILABLE FOR REVIEW ON THE ORGANIZATION'S WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT LEAST ANNUALLY AN EMAIL IS SENT TO ALL DIRECTORS/OFFICERS/TRUSTEES AND KEY EMPLOYEES WITH A CONFLICT OF INTEREST QUIESTIONNAIRE WHICH IS TO BE COMPLETED, SIGNED AND RETURNED TO THE NLF OFFICE. THESE RESPONSES ARE REVEIWED AT THE BOARD MEETING FOLLOWING MAILING TO VERIFY COMPLIANCE AND QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR DOES RECEIVE COMPENSATION. THE COMPENSATION PAID IS BELOW THE LEVEL OF COMPARABLE ORGANIZATIONS KEY EMPLOYEES. THE BOARD IS LOOKING AT PROCEDURES TO ADDRESS RAISES ONCE KEY EMPLOYEE SALARIES ARE MADE COMPETITIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD IS CONTINUING TO EVALUATE WHAT INFORMATION WILL BE AVAILABLE ON THE WEBSITE. CURRENTLY ALL NOTEDINFORMATION IF AVAILABLE UPON REQUEST.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0100922
IRS990/TotalAssetsEOYAmt085544
IRS990/TotalAssetsGrp/BOYAmt0100922
IRS990/TotalAssetsGrp/EOYAmt085544
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0151020
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt017374
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06428
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0170640
IRS990/TotalFunctionalExpensesGrp/TotalAmt0194442
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03132
IRS990/TotalLiabilitiesEOYAmt0976
IRS990/TotalLiabilitiesGrp/BOYAmt03132
IRS990/TotalLiabilitiesGrp/EOYAmt0976
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt097790
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt084568
IRS990/TotalOtherProgSrvcExpenseAmt0170640
IRS990/TotalProgramServiceExpensesAmt0170640
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0151020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0100922
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt085544
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt097790
IRS990/UnrestrictedNetAssetsGrp/EOYAmt084568
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine104781 BEECHWOOD FARMS DR
IRS990/USAddress/City0CINCINNATI
IRS990/USAddress/State0OH
IRS990/USAddress/ZIPCode045244
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.NLFURNITURE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HOLLY YOUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine10NEW LIFE FURNITURE
ReturnHeader/Filer/BusinessNameControlTxt0NEWL
ReturnHeader/Filer/EIN0262703774
ReturnHeader/Filer/USAddress/AddressLine1011431 WILLIAMSON ROAD
ReturnHeader/Filer/USAddress/City0CINCINNATI
ReturnHeader/Filer/USAddress/State0OH
ReturnHeader/Filer/USAddress/ZIPCode045241
ReturnHeader/ReturnTs02014-11-16T13:56:36-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.27$2.66$0.61$3.33$3.36$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.53$2.88$0.64$2.85$2.99$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$2.48$0.78$2.09$2.05$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.20$0.74$1.36$0.98$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.26$0.37$0.88$0.71$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.02$0.20$0.76$0.73$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.02$0.16$0.67$0.60$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.02$0.09$0.43$0.46$0.02
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.01$0.10$0.26$0.27$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.10$0.28$0.26$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.22$0.16$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.08$0.15$0.19$0.04