Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
89th percentile
Faster asset growth than 89% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Assets
Up$331,363
Up $149,639 (+82%) from 2015
Net Assets
Up$231,363
Up $72,301 (+45%) from 2015
Liabilities
Up$100,000
Up $77,338 (+341%) from 2015
Revenue
Up$136,740
Up $1,941 (+1.4%) from 2015
Expenses
Up$64,439
Up $24,723 (+62%) from 2015
Net Income
Down$72,301
Down $22,782 (-24%) from 2015
The New Roots Fund, formed in 2011, is associated with the Diocese of Olympia, a local-affiliate for the Episcopal Migration Ministries which is a contractor with the Department of State for refugee resettlement. New Roots, although associated with the Diocese, has a separate 501c3 non-profit tax status. The New Roots Fund mission is to provide business technical assistance and business capital to refugees and immigrants.
| Description | Grants | Expenses |
|---|---|---|
| In 2016 New Roots Fund provided business and technical assistance to over 100 enrollees from immigrant and refugee communities in the Puget Sound area. Nearly 90% of enrollees lived in low-income census tracts. During the 2016 program year, New Roots Fund made multiple business loans to entrepreneurs living in targeted census tracts. Since 2003, New Roots Fund personnel (who are all former employees of the Diocese of Olympia) have helped over 350 refugees with their business plans and disbursed more than 400 loans. Participants in the programs of the New Roots Fund have access to Individual Development Accounts (IDAs), which are matched savings accounts that allow entrepreneurs to save, and have their savings matched on a one-to-one basis as means of capitalizing a business. New Roots Fund also has access, through a service agreement with the Diocese of Olympia, a training program to help refugees and immigrants open home-based childcare businesses. Finally, New Roots Fund is renting land in Snohomish County, Washington as an incubator for farming businesses. | $0 | $58,419 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Michael Blumson | Board Chairman | - | $0 | - | - |
| Patty Grossman | Board Treasurer | - | $0 | - | - |
| Antoinette Marasigan | Board Member | - | $0 | - | - |
| Joann Ware | Board Member | - | $0 | - | - |
| Abdinasir Mohamed | Board Member | - | $0 | - | - |
“Description;Amount^Provision for Loan Loss;6416|Interest Expense;2833|Depreciation on Office Equipment;2638|Licensing Fees Other;308|Travel;67|Meetings;38^Total;12300^”
“Description;EOY Amount^Grants Receivable;50000|Current Loans Receivable net of loan loss reserve of 5757;43698|Long term Loans Receivable net of loan loss reserve of 3779;42126|Office Equipment net of Accum Depr of 7035;879^Total;136703^”
“Description;EOY Amount^Loan Payable to Protestant Episcopal Church;100000^Total;100000^”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Greg Hope |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2063233152 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1610 South King Street |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Seattle |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 98144 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 119000 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 194660 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 133029 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 72301 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 5043 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 181724 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 331363 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 136740 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 3711 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 159062 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 231363 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 159062 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 231363 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 2208 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Michael Blumson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Patty Grossman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Antoinette Marasigan |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Joann Ware |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Abdinasir Mohamed |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Board Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Board Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Board Member |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 62724 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 136703 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 12300 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The New Roots Fund, formed in 2011, is associated with the Diocese of Olympia, a local-affiliate for the Episcopal Migration Ministries which is a contractor with the Department of State for refugee resettlement. New Roots, although associated with the Diocese, has a separate 501c3 non-profit tax status. The New Roots Fund mission is to provide business technical assistance and business capital to refugees and immigrants. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 2389 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | In 2016 New Roots Fund provided business and technical assistance to over 100 enrollees from immigrant and refugee communities in the Puget Sound area. Nearly 90% of enrollees lived in low-income census tracts. During the 2016 program year, New Roots Fund made multiple business loans to entrepreneurs living in targeted census tracts. Since 2003, New Roots Fund personnel (who are all former employees of the Diocese of Olympia) have helped over 350 refugees with their business plans and disbursed more than 400 loans. Participants in the programs of the New Roots Fund have access to Individual Development Accounts (IDAs), which are matched savings accounts that allow entrepreneurs to save, and have their savings matched on a one-to-one basis as means of capitalizing a business. New Roots Fund also has access, through a service agreement with the Diocese of Olympia, a training program to help refugees and immigrants open home-based childcare businesses. Finally, New Roots Fund is renting land in Snohomish County, Washington as an incubator for farming businesses. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 58419 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 42499 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | WA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 22662 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 100000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 64439 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 58419 |
| IRS990EZ/TotalRevenueAmt | 0 | 136740 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | http://www.newrootsfund.org/ |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 133029 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 130022 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 95972 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 27000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 10080 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 396103 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 3711 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 4777 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 96 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 72 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 8656 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 396103 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 133029 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 130022 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 95972 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 27000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 10080 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 396103 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 404759 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description;Amount^Provision for Loan Loss;6416|Interest Expense;2833|Depreciation on Office Equipment;2638|Licensing Fees Other;308|Travel;67|Meetings;38^Total;12300^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description;EOY Amount^Grants Receivable;50000|Current Loans Receivable net of loan loss reserve of 5757;43698|Long term Loans Receivable net of loan loss reserve of 3779;42126|Office Equipment net of Accum Depr of 7035;879^Total;136703^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description;EOY Amount^Loan Payable to Protestant Episcopal Church;100000^Total;100000^ |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2018-03-14 21:41:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Greg Hope |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2063233152 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | New Roots Fund |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEWR |
| ReturnHeader/Filer/EIN | 0 | 383885237 |
| ReturnHeader/Filer/PhoneNum | 0 | 2063233152 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1610 South King Street |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Seattle |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 98144 |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 73.109.60.152 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | dba Northwest Accounting & Financial Management |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2001 E Jansen Ct |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt | 0 | Suite 101 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Seattle |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 98112 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2067898484 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-11-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | David Schor |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2017-11-13T20:47:42-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.