Civic Intelligence

New Leaf Initiative

990EZ • Fiscal year 2014 • EIN 27-3653550

Jan 01, 2014 to Dec 31, 2014 • Filed on May 12, 2015

243 S Allen StreetRoom/Suite 337State College, PA 16801-4806

(814) 206-7616

Siviq Scores

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

Liabilities / Assets

84th percentile

0.26x

Higher debt load relative to assets than 84% of similar nonprofits.

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

Liabilities / Revenue

90th percentile

0.36x

Higher debt load relative to revenue than 90% of similar nonprofits.

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

Net Margin

23rd percentile

-9.9%

Higher net margin than 23% of similar nonprofits.

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

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

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

Asset Growth

50th percentile

2.0%

Faster asset growth than 50% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

13th percentile

-36%

Faster revenue growth than 13% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$103,225

Up $2,061 (+2.0%) from 2013

Net Assets

Down

$76,298

Down $7,366 (-8.8%) from 2013

Liabilities

Up

$26,927

Up $9,427 (+54%) from 2013

Revenue

Down

$74,102

Down $40,932 (-36%) from 2013

Expenses

Up

$81,468

Up $46,309 (+132%) from 2013

Net Income

Down

-$7,366

Down $87,241 (-109%) from 2013

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $101,164Liabilities 2013: $17,500Net Assets 2013: $83,6642013Assets 2014: $103,225Liabilities 2014: $26,927Net Assets 2014: $76,2982014Assets 2015: $137,109Liabilities 2015: $25,197Net Assets 2015: $111,9122015Assets 2016: $94,905Liabilities 2016: $9,949Net Assets 2016: $84,9562016Assets 2018: $94,917Liabilities 2018: $4,387Net Assets 2018: $90,5302018Assets 2019: $79,628Liabilities 2019: $1,725Net Assets 2019: $77,9032019Assets 2020: $81,206Liabilities 2020: $26,700Net Assets 2020: $54,5062020Assets 2021: $69,524Liabilities 2021: $20,000Net Assets 2021: $49,5242021

Highlighted filing

2014

Assets$103,225
Liabilities$26,927
Net Assets$76,298

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2013: $115,034Expenses 2013: $35,159Net Income 2013: $79,8752013Revenue 2014: $74,102Expenses 2014: $81,468Net Income 2014: -$7,3662014Revenue 2015: $130,162Expenses 2015: $94,548Net Income 2015: $35,6142015Revenue 2016: $124,845Expenses 2016: $151,801Net Income 2016: -$26,9562016Revenue 2018: $56,092Expenses 2018: $66,628Net Income 2018: -$10,5362018Revenue 2019: $61,630Expenses 2019: $74,257Net Income 2019: -$12,6272019Revenue 2020: $34,547Expenses 2020: $57,944Net Income 2020: -$23,3972020Revenue 2021: $30,700Expenses 2021: $35,682Net Income 2021: -$4,9822021

Highlighted filing

2014

Revenue$74,102
Expenses$81,468
Net Income-$7,366
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 12, 2015
Return Version
2014v5.0
Gross Receipts
$74,102
Mission and Program Overview

Mission

To host and animate a community hub for collaboration, creativity, and co-creation that nurtures transformational ideas from conception to implementation.

To host and animate a community hub for collaboration, creativity, and co- creation that nurtures transformational ideas from conception to implementation.

Program Services

DescriptionGrantsExpenses
NEW LEAF INITIATIVE FOSTERS THE GROWTH OF VIBRANT, TIGHT-KNIT AND EMPOWERED INTERGENERATIONAL COMMUNITIES WHO SHARE A PASSION FOR POSITIVE SOCIAL CHANGE WITH THE PURPOSE OF UNLEASHING OUR COMMUNITY'S COLLECTIVE IMPACT FOR INNOVATION. IN 2014, NEW LEAF LAUNCHED THEIR CO-WORKIG SPACE IN THE STATE COLLEGE MUNICIPAL BUILDING AND BEGAN OFFERING WORKSHOPS, WORKING SPACE, MEETING ROOMS AND OFFICE FACILITIES TO THEIR SUPPORTING MEMBERS.-$59,198
NEW LEAF INITIATIVE FOSTERS THE GROWTH OF VIBRANT, TIGHT-KNIT AND EMPOWERED INTERGENERATIONAL COMMUNITIES WHO SHARE A PASSION FOR POSITIVE SOCIAL CHANGE WITH THE PURPOSE OF UNLEASHING OUR COMMUNITY'S COLLECTIVE IMPACT FOR INNOVATION. THE FIRST STAGE OF ACCOMPLISHING THIS GOAL IS TO CREATE A SPACE WHERE THESE COMMUNITIES CAN INTERACT. IN 2014 NEW LEAF'S SPACE WAS LAUNCHED TO ENCOURAGE SUCH PARTICIPANTS TO CONNECT WITH THE COMMUNITY THAT NEW LEAF ENVISAGE - A COMMUNITY SHARING THE PASSION FOR THE POSITIVE SOCIAL CHANGE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TODD ERDLEYChair-$0--
LISA MARSHALLVice Chair-$0--
BILL JOSEPHTreasurer-$0--
SCOTT WOODSSecretary-$0--
JEFF ERICKSONMember-$0--
GEORGIA ABBEYMember-$0--
LISA KERCHINSKIMember-$0--
ERIC SAUDERCo- DirectorPT$0--
SERENA FULTONCo-DirectorPT$0--
GALEN BERNARDExecutive DiFT$0--
Filing and Contact Details

Filer

Filer Name
New Leaf Initiative
EIN
27-3653550
Phone
8142067616
Address
243 S ALLEN STREET, ROOM/SUITE 337, STATE COLLEGE, PA 16801-4806

Signing Officer

Name
Todd Erdley
Title
Chair
Phone
8142067616
Signed
2015-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Padgett Business Services
Address
PO BOX 10291, STATE COLLEGE, PA 16801-0291
Preparer
Poincia Lockcuff Ea
Phone
8146616688
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 182 art of hosting training -1,000 interest on ccidc loan 245 general liability 1,091 directors and officers 1,118 license and permit 150 bank charges 166 office supplies 4,212 progam supplies 2,542 merchant card fees 232 dues & subscription 1,117 non-investment depreciation 14,985 total 25,040

Form 990-ez, Part II, Line 24

37,789 110,387 less accumulated depreciation 2,832 17,817 total 34,957 92,570

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 12,242 unsecured notes and loans payable 17,500 14,685

Form 990-ez, Part III

To host and animate a community hub for collaboration, creativity, and co- creation that nurtures transformational ideas from conception to implementation.

Form 990-ez, Part III, Line 28

New leaf initiative fosters the growth of vibrant, tight-knit and empowered intergenerational communities who share a passion for positive social change with the purpose of unleashing our community's collective impact for innovation. The first stage of accomplishing this goal is to create a space where these communities can interact. In 2014 new leaf's space was launched to encourage such participants to connect with the community that new leaf envisage - a community sharing the passion for the positive social change.

Form 990-ez, Part III, Line 31

New leaf initiative fosters the growth of vibrant, tight-knit and empowered intergenerational communities who share a passion for positive social change with the purpose of unleashing our community's collective impact for innovation. In 2014, new leaf launched their co-workig space in the state college municipal building and began offering workshops, working space, meeting rooms and office facilities to their supporting members.

Form 990-ez, Part V

The organization did not receive any funds - directly or indirectly, during the year, to pay premium on a personal benefit contract. The organization did not pay any premiums, during the year, directly or indirectly, on a personal benefit contract.

Raw XML Appendix177 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 182 ART OF HOSTING TRAINING -1,000 INTEREST ON CCIDC LOAN 245 GENERAL LIABILITY 1,091 DIRECTORS AND OFFICERS 1,118 LICENSE AND PERMIT 150 BANK CHARGES 166 OFFICE SUPPLIES 4,212 PROGAM SUPPLIES 2,542 MERCHANT CARD FEES 232 DUES & SUBSCRIPTION 1,117 NON-INVESTMENT DEPRECIATION 14,985 TOTAL 25,040
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt137,789 110,387 LESS ACCUMULATED DEPRECIATION 2,832 17,817 TOTAL 34,957 92,570
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 12,242 UNSECURED NOTES AND LOANS PAYABLE 17,500 14,685
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO HOST AND ANIMATE A COMMUNITY HUB FOR COLLABORATION, CREATIVITY, AND CO- CREATION THAT NURTURES TRANSFORMATIONAL IDEAS FROM CONCEPTION TO IMPLEMENTATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NEW LEAF INITIATIVE FOSTERS THE GROWTH OF VIBRANT, TIGHT-KNIT AND EMPOWERED INTERGENERATIONAL COMMUNITIES WHO SHARE A PASSION FOR POSITIVE SOCIAL CHANGE WITH THE PURPOSE OF UNLEASHING OUR COMMUNITY'S COLLECTIVE IMPACT FOR INNOVATION. THE FIRST STAGE OF ACCOMPLISHING THIS GOAL IS TO CREATE A SPACE WHERE THESE COMMUNITIES CAN INTERACT. IN 2014 NEW LEAF'S SPACE WAS LAUNCHED TO ENCOURAGE SUCH PARTICIPANTS TO CONNECT WITH THE COMMUNITY THAT NEW LEAF ENVISAGE - A COMMUNITY SHARING THE PASSION FOR THE POSITIVE SOCIAL CHANGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NEW LEAF INITIATIVE FOSTERS THE GROWTH OF VIBRANT, TIGHT-KNIT AND EMPOWERED INTERGENERATIONAL COMMUNITIES WHO SHARE A PASSION FOR POSITIVE SOCIAL CHANGE WITH THE PURPOSE OF UNLEASHING OUR COMMUNITY'S COLLECTIVE IMPACT FOR INNOVATION. IN 2014, NEW LEAF LAUNCHED THEIR CO-WORKIG SPACE IN THE STATE COLLEGE MUNICIPAL BUILDING AND BEGAN OFFERING WORKSHOPS, WORKING SPACE, MEETING ROOMS AND OFFICE FACILITIES TO THEIR SUPPORTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DID NOT RECEIVE ANY FUNDS - DIRECTLY OR INDIRECTLY, DURING THE YEAR, TO PAY PREMIUM ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION DID NOT PAY ANY PREMIUMS, DURING THE YEAR, DIRECTLY OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART V
TransferPrsnlBnftContractsDecl/DeclarationDesc0NEW LEAF INITIATIVE DID NOT PAY ANY PREMIUMS DIRECTLY OR INDIRECTLY ON A PERSONAL BENEFIT CONTRACT DURING 2014.
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