Civic Intelligence

New Roots Fund

990 • Fiscal year 2020 • EIN 38-3885237

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 14, 2021

Organization Profilewww.newrootsfund.org
1610 South King StreetSeattle, WA 98144

(206) 323-3152

Siviq Scores

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

Liabilities / Assets

88th percentile

0.74x

Higher debt load relative to assets than 88% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

1.74x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

31st percentile

-3.2%

Higher net margin than 31% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

57th percentile

$74,908

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 16.3% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

91st percentile

79%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

48th percentile

-0.2%

Faster revenue growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$1,082,837

Up $478,608 (+79%) from 2019

Net Assets

Down

$284,520

Down $14,531 (-4.9%) from 2019

Liabilities

Up

$798,317

Up $493,139 (+162%) from 2019

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin31st percentile

Revenue

Down

$460,019

Down $725 (-0.2%) from 2019

Expenses

Up

$474,550

Up $41,031 (+9.5%) from 2019

Net Income

Down

-$14,531

Down $41,756 (-153%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$1.5M$1.0M$500K$0Assets 2013: $29,880Liabilities 2013: $18,6732013Assets 2014: $104,404Liabilities 2014: $59,083Net Assets 2014: $45,3212014Assets 2015: $181,724Liabilities 2015: $22,662Net Assets 2015: $159,0622015Assets 2016: $331,363Liabilities 2016: $100,000Net Assets 2016: $231,3632016Assets 2017: $385,855Liabilities 2017: $159,155Net Assets 2017: $226,7002017Assets 2018: $483,722Liabilities 2018: $211,896Net Assets 2018: $271,8262018Assets 2019: $604,229Liabilities 2019: $305,178Net Assets 2019: $299,0512019Assets 2020: $1,082,837Liabilities 2020: $798,317Net Assets 2020: $284,5202020Assets 2021: $521,524Liabilities 2021: $197,026Net Assets 2021: $324,4982021Assets 2022: $637,552Liabilities 2022: $358,812Net Assets 2022: $278,7402022Assets 2023: $946,500Liabilities 2023: $655,566Net Assets 2023: $290,9342023Assets 2024: $1,087,870Liabilities 2024: $784,498Net Assets 2024: $303,3722024

Highlighted filing

2020

Assets$1,082,837
Liabilities$798,317
Net Assets$284,520
Open 2020 Filing

Operations Trend

Revenue Growth48th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2013: $27,072Expenses 2013: $24,474Net Income 2013: $2,5982013Revenue 2014: $96,068Expenses 2014: $61,954Net Income 2014: $34,1142014Revenue 2015: $134,799Expenses 2015: $39,716Net Income 2015: $95,0832015Revenue 2016: $136,740Expenses 2016: $64,439Net Income 2016: $72,3012016Revenue 2017: $169,667Expenses 2017: $174,330Net Income 2017: -$4,6632017Revenue 2018: $377,176Expenses 2018: $332,050Net Income 2018: $45,1262018Revenue 2019: $460,744Expenses 2019: $433,519Net Income 2019: $27,2252019Revenue 2020: $460,019Expenses 2020: $474,550Net Income 2020: -$14,5312020Revenue 2021: $572,396Expenses 2021: $551,305Net Income 2021: $21,0912021Revenue 2022: $665,587Expenses 2022: $662,622Net Income 2022: $2,9652022Revenue 2023: $504,249Expenses 2023: $499,616Net Income 2023: $4,6332023Revenue 2024: $610,524Expenses 2024: $582,176Net Income 2024: $28,3482024

Highlighted filing

2020

Revenue$460,019
Expenses$474,550
Net Income-$14,531
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 14, 2021
Return Version
2020v4.0
Gross Receipts
$460,019
Mission and Program Overview

Mission

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.

The New Roots Fund helps refugees, asylees, and low-income individuals achieve economic self-sufficiency. The Fund accomplishes this by providing business capital and technical assistance. Formed in 2011 and associated with the Diocese of Olympia, NRF is an independent 501(c)3.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$383,637$815,293▲ $431,656
Other Notes and Loans Receivable, Net$95,819$134,234▲ $38,415
Pledges and Grants Receivable$120,407$95,307▼ $25,100
Savings and Temporary Cash Investments$4,366$38,003▲ $33,637
Land, Buildings, and Equipment, Net$0--
Total Assets$604,229$1,082,837▲ $478,608
Liabilities
Accounts Payable and Accrued Expenses$247,178$670,317▲ $423,139
Other Liabilities$58,000$128,000▲ $70,000
Total Liabilities$305,178$798,317▲ $493,139
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$269,051$254,520▼ $14,531
Net Assets With Donor Restrictions$30,000$30,000→ $0
Total Net Assets Fund Balance$299,051$284,520▼ $14,531
Total Liabilities and Net Assets / Fund Balance$604,229$1,082,837▲ $478,608
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Greg Hope- Executive DirectorPT$74,908$74,908

Board Members and Trustees

NameTitle
Michael BlumsonBoard Chair
Antoinette MarasiganGovernor
Joann WareGovernor
Mahnaz EshetuGovernor
Patty GrossmanGovernor

Highest Paid Contractors

ContractorServicesLocationCompensation
Diocese of OlympiaManagement and related, including payroll, facilities, and bill payment1551 10th Avenue East, Seattle, WA 98102$463,957
Revenue and Support

Revenue Composition

Contributions and Grants
$453,569
Program Service Revenue
$0
Investment Income
$6,450
Other Revenue
$0
All Other Contributions
$29,361
Change in Net Assets
$-14,531

Audited Revenue Reconciliation

Revenue per Audited Statements
$460,019
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$460,019
Total Revenue per Form 990
$460,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$474,550
Total Fundraising Expense$9,508
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$353,414$14,991$7,495$375,900
Occupancy$21,610$920$460$22,990
Interest$20,552$0$0$20,552
Office Expenses$18,587$526$1,343$20,456
Fees for Services Accounting$9,541$7,801$0$17,342
Fees for Services Other$4,585$3,756-$8,341
Travel$5,143$119$79$5,341
All Other Expenses$3,186$197$131$3,514
Conferences and Meetings$114$0$0$114
Total Functional Expenses$436,732$28,310$9,508$474,550

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$474,550
Total Expenses per Audited Statements$474,550
Total Expenses per Form 990$474,550
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances$128,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management Company. The Organization contracts with the Diocese for management services. The Diocese provides an Executive Director, bill payment and payroll services, and office space. The Organization then reimburses the Diocese for these costs.”

Form 990, Part VI, Section B, Line 11B

“This form is provided to board members for review before filing.”

Form 990, Part VI, Section B, Line 15

“Executive Director compensation is determined by the New Roots Fund Board approving budgets and negotiating resources in a management agreement with the Diocese of Olympia.”

Form 990, Part VI, Section C, Line 19

“Governing documents are published on the website for the Secretary of State. Conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
New Roots Fund
EIN
38-3885237
Phone
2063233152
Address
1610 South King Street, Seattle, WA 98144

Signing Officer

Name
Michael Blumson
Title
Chairman
Phone
2063233152
Signed
2021-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Hope
Formed
2012
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
30

Preparer

Firm
Nwafm Pllc
Address
co Office at Adas, 425 - 15th Avenue E, Seattle, WA 98112
Preparer
David Schor
Phone
2067898484
Raw XML AppendixShowing 400 of 543 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0247178
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0670317
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The New Roots Fund helps refugees, asylees, and low-income individuals achieve economic self-sufficiency. The Fund accomplishes this by providing business capital and technical assistance. Formed in 2011 and associated with the Diocese of Olympia, NRF is an independent 501(c)3.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt029361
IRS990/AllOtherExpensesGrp/FundraisingAmt0131
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0197
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03186
IRS990/AllOtherExpensesGrp/TotalAmt03514
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/ProgramServicesAmt00
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Greg Hope
IRS990/BooksInCareOfDetail/PhoneNum02063233152
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01610 South King Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Seattle
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098144
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0383637
IRS990/CashNonInterestBearingGrp/EOYAmt0815293
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/FundraisingAmt00
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt00
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0114
IRS990/ConferencesMeetingsGrp/TotalAmt0114
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0463957
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01551 10th Avenue East
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Seattle
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0WA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd098102
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Diocese of Olympia
IRS990/ContractorCompensationGrp/ServicesDesc0Management and related, including payroll, facilities, and bill payment
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0453569
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06450
IRS990/CYOtherExpensesAmt0474550
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-14531
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0474550
IRS990/CYTotalFundraisingExpenseAmt09508
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0460019
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt00
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0OVERALL PROGRAM. In 2020 New Roots Fund began in earnest our contract with the Small Business Administration. In the first complete year we made 29 loans. We disbursed 43 additional loans in our established program funded by the Office of Refugee Resettlement. In addition, during the 2020 program year we opened 45 Individual Development Accounts for home purchase, business start, or education. COVID-19: New Roots Fund adapted to the coronavirus pandemic, taking precautionary public health measures to ensure the safety of our clients and staff, while continuing to deliver on our mission in the community. As examples, we moved meetings and workshops online using video conferencing, and leveraged Chromebooks that our partners provided to clients, allowing us to continue with strong participation rates.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt030000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt030000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0436732
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07801
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09541
IRS990/FeesForServicesAccountingGrp/TotalAmt017342
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/FundraisingAmt00
IRS990/FeesForServicesLobbyingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLobbyingGrp/ProgramServicesAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/FundraisingAmt07495
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt014991
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0353414
IRS990/FeesForServicesManagementGrp/TotalAmt0375900
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03756
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt04585
IRS990/FeesForServicesOtherGrp/TotalAmt08341
IRS990/FeesForServicesProfFundraising/FundraisingAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt025
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.75
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Greg Hope
IRS990/Form990PartVIISectionAGrp/PersonNm1Michael Blumson
IRS990/Form990PartVIISectionAGrp/PersonNm2Mahnaz Eshetu
IRS990/Form990PartVIISectionAGrp/PersonNm3Joann Ware
IRS990/Form990PartVIISectionAGrp/PersonNm4Antoinette Marasigan
IRS990/Form990PartVIISectionAGrp/PersonNm5Patty Grossman
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt074908
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0- Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Governor
IRS990/Form990PartVIISectionAGrp/TitleTxt3Governor
IRS990/Form990PartVIISectionAGrp/TitleTxt4Governor
IRS990/Form990PartVIISectionAGrp/TitleTxt5Governor
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0424208
IRS990/GrantAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0460019
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt020552
IRS990/InterestGrp/TotalAmt020552
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt016
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt06434
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06450
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0The New Roots Fund helps refugees, asylees, and low-income individuals achieve economic self-sufficiency. The Fund accomplishes this by providing business capital and technical assistance. Formed in 2011 and associated with the Diocese of Olympia, New Roots Fund has an independent 501c3 non-profit tax status.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0299051
IRS990/NetAssetsOrFundBalancesEOYAmt0284520
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0269051
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0254520
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0460
IRS990/OccupancyGrp/ManagementAndGeneralAmt0920
IRS990/OccupancyGrp/ProgramServicesAmt021610
IRS990/OccupancyGrp/TotalAmt022990
IRS990/OfficeExpensesGrp/FundraisingAmt01343
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0526
IRS990/OfficeExpensesGrp/ProgramServicesAmt018587
IRS990/OfficeExpensesGrp/TotalAmt020456
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt058000
IRS990/OtherLiabilitiesGrp/EOYAmt0128000
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt095819
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0134234
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0120407
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt095307
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Greg Hope
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0450094
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt010650
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0433519
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt027225
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0433519
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0460744
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-14531
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04366
IRS990/SavingsAndTempCashInvstGrp/EOYAmt038003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0428889
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0450094
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0364669
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0160552
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0133029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01537233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06450
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010650
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012507
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09115
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03711
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt042433
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97314
IRS990ScheduleA/PublicSupportPY170Pct00.96813
IRS990ScheduleA/PublicSupportTotal170Amt01537233
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0428889
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0450094
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0364669
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0160552
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0133029
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01537233
IRS990ScheduleA/TotalSupportAmt01579666
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0474550
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0128000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Refundable Advances
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0460019
IRS990ScheduleD/TotalExpensesPerForm990Amt0474550

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,082,837
Liabilities
$798,317
Net assets
$284,520
Revenue
$460,019
Expenses
$474,550
Net income
-$14,531
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.78$0.30$0.61$0.58$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.66$0.29$0.50$0.50$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.36$0.28$0.67$0.66$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.52$0.20$0.32$0.57$0.55$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.08$0.80$0.28$0.46$0.47$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.60$0.31$0.30$0.46$0.43$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.21$0.27$0.38$0.33$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.16$0.23$0.17$0.17$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.10$0.23$0.14$0.06$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.02$0.16$0.13$0.04$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.06$0.05$0.10$0.06$0.03
2013Summary only. Only limited summary data is available for this year.$0.03$0.02$0.03$0.02$0.00