New Earth Foundation Inc
- Assets
- $1.5m
- Revenue
- $10.0k
- Investments
- $1.5m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 12/1998
- Data as of
- 12/2023
- EIN
- 86-0865717
Organization Overview
New Earth Foundation Inc is located in Wilmington, DE. The organization was established in 1998. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Earth Foundation Inc 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 12/2023, New Earth Foundation Inc generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.1%) each year. All expenses for the organization totaled $48.6k during the year ending 12/2023. 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 |
|---|---|---|---|
Bara Loveland Dir, Pres | 6 | $3,319 | |
Debra May Dir, Sec, Vp, Treas | 10 | $9,231 | |
Sandra Rhoads Dir | 1 | $233 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $131 |
| Interest on Savings | $87 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,786 |
| Total Revenue | $10,004 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,783 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,553 |
| Total operating and administrative expenses | $32,592 |
| Contributions, gifts, grants paid | $16,000 |
| Total expenses and disbursements | $48,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,125 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,495,905 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,523,550 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, New Earth Foundation Inc has awarded $16,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BURN DESIGN LAB PURPOSE: INCREASING COMMUNITY ACCESS TO THE IMPROVED SHEA ROASTER IN GHANA | $1,000 |
CLEVELAND OWNS PURPOSE: CO-OP FOOD MARKET FUND | $500 |
CONSERVATION VOLUNTEERS INTERNATIONAL PROGRAM PURPOSE: DEMONSTRATION OF SUSTAINABLE SANITATION SYSTEMS (AKA KEEP IT CLEAN DEMOS) | $500 |
EARTH LAW CENTER PURPOSE: EMPOWERING INDIGENOUS EARTH LAW ACTIVISTS THROUGH THE EARTH LAW PORTAL | $1,000 |
FUNDAMENTAL NEEDS INC PURPOSE: OASIS PROJECT | $2,000 |
GREEN AMENDMENTS FOR THE GENERATIONS PURPOSE: TAKING ENVIRONMENTAL PROTECTION POWER BACK | $1,000 |