New Leaf Initiative
- Assets
- $69.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- State College, PA
- Founding
- 05/2012
- Data as of
- 12/2021
- EIN
- 27-3653550
Organization Overview
New Leaf Initiative is located in State College, PA. The organization was established in 2012. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Leaf Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, New Leaf Initiative generated $30.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $35.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abigail Gaffron Executive Director | 40 | $20,002 | |
Heidi Wrights Chair | 2 | $0 | |
James Delattre Treasurer | 1.5 | $0 | |
Drew Wetzel Vice Chair | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,454 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,246 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,700 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,617 |
| Professional fees and other payments to independent contractors | $1,011 |
| Occupancy, rent, utilities, and maintenance | $2,966 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,088 |
| Total expenses | $35,682 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,861 |
| Other assets | $0 |
| Total assets | $69,524 |
| Total liabilities | $20,000 |
| Net assets or fund balances | $49,524 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Leaf Initiative has recieved totaling $6,303.
| Awarding Organization | Amount |
|---|---|
Centre County Community Foundation Inc State College, PA PURPOSE: GENERAL SUPPORT | $6,303 |
Peer Organizations
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|---|---|---|
Learning Through An Expanded Arts Program Inc New York, NY | $2,991,832 | $9,986,466 |
Unbounded Learning Inc New York, NY | $10,202,052 | $11,682,333 |
Ecumenical Community Hershey, PA | $4,358,759 | $9,348,993 |
Rev1 Ventures Columbus, OH | $21,187,153 | $10,381,705 |
American Federation For Children Growth Fund Inc Columbia, MD | $9,265,288 | $14,325,717 |
Mcelhattan Foundation Pittsburgh, PA | $120,280,311 | $4,922,440 |
Great Oaks Foundation Inc New York, NY | $2,451,527 | $9,169,233 |
The New York Opportunity Network Inc New York, NY | $9,128,852 | $11,413,843 |
Mid-Atlantic Region Commission On Higher Education Wilmington, DE | $17,355,711 | $12,036,917 |
A Wider Circle Inc Silvers Spring, MD | $9,165,754 | $9,301,796 |
Mdyhs Inc Brooklyn, NY | $134,976 | $6,680,548 |
East Harlem Tutorial Program Inc New York, NY | $86,316,213 | $22,073,171 |