Civic Intelligence

New Leaf Initiative

990EZ • Fiscal year 2015 • EIN 27-3653550

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 07, 2016

243 S Allen Street Rm/Ste 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

81st percentile

0.18x

Higher debt load relative to assets than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

86th percentile

0.19x

Higher debt load relative to revenue than 86% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

82nd percentile

27%

Higher net margin than 82% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

78th percentile

33%

Faster asset growth than 78% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

90th percentile

76%

Faster revenue growth than 90% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$137,109

Up $33,884 (+33%) from 2014

Net Assets

Up

$111,912

Up $35,614 (+47%) from 2014

Liabilities

Down

$25,197

Down $1,730 (-6.4%) from 2014

Revenue

Up

$130,162

Up $56,060 (+76%) from 2014

Expenses

Up

$94,548

Up $13,080 (+16%) from 2014

Net Income

Up

$35,614

Up $42,980 (+583%) from 2014

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

2015

Assets$137,109
Liabilities$25,197
Net Assets$111,912

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

2015

Revenue$130,162
Expenses$94,548
Net Income$35,614
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 7, 2016
Return Version
2015v2.1
Gross Receipts
$130,162
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
IN 2015, NEW LEAF LAUNCHED SEED SCHOOL & ELEVATE - TWO WORKSHOP PROGRAMS DESIGNED TO SUPPORT THE INNOVATORS WORKING ON CREATIVE PROJECTS. THESE WORKSHOPS FOCUSED ON THEMES SUCH AS: COMMUNICATION, FINDING MENTORS, AND COURAGE TO TAKE A LEAP INTO THE UNKNOWN WITH OUR IDEA. NEW LEAF WON THE 100K CENTRE INSPIRES GRANT FROM THE CENTRE FOUNDATION FOR THE FOOD CENTRES PROJECT. WHAT BEGAN AS AN EFFORT TO REDUCE FOOD WASTE BECAME A TRANSFORMATIVE VISION FOR BUILDING VIBRANT FOOD HUBS THAT BROUGHT TOGETHER GROWING, PREPARING AND STORING FOOD IN SMALL TOWNS ACROSS THE COUNTY. THIS COMPETITIVE GRANT DEMONSTRATED THE VALUE OF NEW LEAF'S SUPPORT OF INDIVIDUALS WORKING ON CREATIVE SOCIAL IMPACT PROJECTS IN THE COMMUNITY.-$64,821
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. NEW LEAF BUILT OFF OF THE 2014 LAUNCH OF ITS COWORKING COMMUNITY BY INCREASING THE NUMBERS OF COMMUNITY MEMBERS AND EVENTS ENGAGING THE SPACE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TODD ERDLEYChair-$0--
LISA MARSHALLVice Chair-$0--
SCOTT WOODSSecretary-$0--
JEFF ERICKSONTreasurer-$0--
GEORGIA ABBEYMember-$0--
LISA KERCHINSKIMember-$0--
LYNN MELANDER MOOREMember-$0--
JACK ZERBYMember-$0--
BOB O'DONNELLMember-$0--
Filing and Contact Details

Filer

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

Signing Officer

Name
Todd Erdley
Title
Chair
Phone
8142067616
Signed
2016-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Padgett Business Services
Address
PO BOX 10291, STATE COLLEGE, PA 16801-0291
Preparer
Poincia Lockcuff Ea
Phone
8148261124
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Reimbursement from rada 1,350 total 1,350

Form 990-ez, Part I, Line 16

Expenses telehone and internet 502 dues and subscription 827 license and permits 15 bank charges 435 office supplies 2,486 use sales tax 57 merchant fees 585 supplies 608 other 452 computer hosting & web 191 computer internet 1,544 interest on ccidc loan 232 general liability 863 directors and officers 1,118 non-investment depreciation 5,324 total 15,239

Form 990-ez, Part II, Line 24

110,387 110,387 less accumulated depreciation 17,817 23,141 total 92,570 87,246

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 12,242 13,850 unsecured notes and loans payable 14,685 11,347

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. New leaf built off of the 2014 launch of its coworking community by increasing the numbers of community members and events engaging the space.

Form 990-ez, Part III, Line 31

In 2015, new leaf launched seed school & elevate - two workshop programs designed to support the innovators working on creative projects. These workshops focused on themes such as: communication, finding mentors, and courage to take a leap into the unknown with our idea. New leaf won the 100k centre inspires grant from the centre foundation for the food centres project. What began as an effort to reduce food waste became a transformative vision for building vibrant food hubs that brought together growing, preparing and storing food in small towns across the county. This competitive grant demonstrated the value of new leaf's support of individuals working on creative social impact projects in the community.

Raw XML Appendix175 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/ExplanationTxt0REIMBURSEMENT FROM RADA 1,350 TOTAL 1,350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES TELEHONE AND INTERNET 502 DUES AND SUBSCRIPTION 827 LICENSE AND PERMITS 15 BANK CHARGES 435 OFFICE SUPPLIES 2,486 USE SALES TAX 57 MERCHANT FEES 585 SUPPLIES 608 OTHER 452 COMPUTER HOSTING & WEB 191 COMPUTER INTERNET 1,544 INTEREST ON CCIDC LOAN 232 GENERAL LIABILITY 863 DIRECTORS AND OFFICERS 1,118 NON-INVESTMENT DEPRECIATION 5,324 TOTAL 15,239
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2110,387 110,387 LESS ACCUMULATED DEPRECIATION 17,817 23,141 TOTAL 92,570 87,246
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 12,242 13,850 UNSECURED NOTES AND LOANS PAYABLE 14,685 11,347
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO HOST AND ANIMATE A COMMUNITY HUB FOR COLLABORATION, CREATIVITY, AND CO- CREATION THAT NURTURES TRANSFORMATIONAL IDEAS FROM CONCEPTION TO IMPLEMENTATION.
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. NEW LEAF BUILT OFF OF THE 2014 LAUNCH OF ITS COWORKING COMMUNITY BY INCREASING THE NUMBERS OF COMMUNITY MEMBERS AND EVENTS ENGAGING THE SPACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IN 2015, NEW LEAF LAUNCHED SEED SCHOOL & ELEVATE - TWO WORKSHOP PROGRAMS DESIGNED TO SUPPORT THE INNOVATORS WORKING ON CREATIVE PROJECTS. THESE WORKSHOPS FOCUSED ON THEMES SUCH AS: COMMUNICATION, FINDING MENTORS, AND COURAGE TO TAKE A LEAP INTO THE UNKNOWN WITH OUR IDEA. NEW LEAF WON THE 100K CENTRE INSPIRES GRANT FROM THE CENTRE FOUNDATION FOR THE FOOD CENTRES PROJECT. WHAT BEGAN AS AN EFFORT TO REDUCE FOOD WASTE BECAME A TRANSFORMATIVE VISION FOR BUILDING VIBRANT FOOD HUBS THAT BROUGHT TOGETHER GROWING, PREPARING AND STORING FOOD IN SMALL TOWNS ACROSS THE COUNTY. THIS COMPETITIVE GRANT DEMONSTRATED THE VALUE OF NEW LEAF'S SUPPORT OF INDIVIDUALS WORKING ON CREATIVE SOCIAL IMPACT PROJECTS IN THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
TransferPrsnlBnftContractsDecl/DeclarationDesc0NEW LEAF INITIATIVE DID NOT PAY ANY PREMIUMS DIRECTLY OR INDIRECTLY ON A PERSONAL BENEFIT CONTRACT DURING 2015. THE ORGANIZATION DID NOT RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/TaxPeriodEndDt02015-12-31
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