New Leaf New Life Inc
New Leaf New Life Inc consistently operates with no officer compensation and growing assets.
EIN: 203168603 · Bloomington, IN · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $166K |
| Total Expenses | $147K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $150,000. |
| Net Assets | $121K |
| Transparency Score | 92/100 |
Is New Leaf New Life Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Leaf New Life Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Leaf New Life Inc
New Leaf New Life Inc (EIN: 203168603) is a nonprofit organization based in Bloomington, IN, classified under NTEE code P20. The organization reported total revenue of $166K and total assets of $121K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Leaf New Life Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Leaf New Life Inc is a small nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $166K |
| Total Expenses | $147K |
| Surplus / Deficit | +$19K |
| Total Assets | $121K |
| Net Assets | $121K |
| Operating Margin | 11.3% |
| Months of Reserves | 9.8 months |
Financial Health Grade: A
In 2023, New Leaf New Life Inc reported a surplus of $19K with revenue exceeding expenses, holds 9.8 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), New Leaf New Life Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.1% | -0.3% | +16.6% |
| 2022 | -5.1% | -1.6% | -2.9% |
| 2021 | -11.7% | +54.4% | +4.7% |
| 2020 | +145.1% | +7.1% | +324.4% |
| 2019 | -8.8% | +71.6% | -44.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Leaf New Life Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, New Leaf New Life Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all nine filing periods, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization with annual revenues exceeding $150,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New Leaf New Life Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data, making precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for New Leaf New Life Inc:
- Consistent 0% officer compensation across all reported periods.
- Steady growth in assets, reaching $120,598 in 2023 from $29,944 in 2015.
- Minimal to zero liabilities, indicating strong financial solvency (e.g., $0 liabilities in 2023).
- Positive net income in the latest filing ($166,196 revenue vs. $147,341 expenses in 2023).
Frequently Asked Questions about New Leaf New Life Inc
Is New Leaf New Life Inc a legitimate charity?
New Leaf New Life Inc (EIN: 203168603) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 92/100. It has 9 years of IRS 990 filings on record. Total revenue: $166K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does New Leaf New Life Inc spend its money?
New Leaf New Life Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Leaf New Life Inc tax-deductible?
New Leaf New Life Inc is registered as a tax-exempt nonprofit (EIN: 203168603). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Leaf New Life Inc CEO make?
New Leaf New Life Inc's highest-compensated officer earns $150,000. annually. The organization reported $166K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Leaf New Life Inc's spending goes to programs?
New Leaf New Life Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Leaf New Life Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), New Leaf New Life Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Leaf New Life Inc located?
New Leaf New Life Inc is headquartered in Bloomington, Indiana and files with the IRS under EIN 203168603. It is classified under NTEE code P20.
How many years of IRS 990 filings does New Leaf New Life Inc have?
New Leaf New Life Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $166K in total revenue.
Is New Leaf New Life Inc a good charity?
Based on the provided financial data, New Leaf New Life Inc appears to be a very good charity. It consistently operates with no reported officer compensation, maintains healthy asset growth (from $29,944 in 2015 to $120,598 in 2023), and has minimal to no liabilities, indicating strong financial health and efficient use of funds.
How has New Leaf New Life Inc's financial health changed over time?
New Leaf New Life Inc has shown consistent financial growth and stability. Its assets have steadily increased from $29,944 in 2015 to $120,598 in 2023, and it has maintained minimal liabilities, even reporting $0 in liabilities for the latest period (202312). Revenue has fluctuated but generally trended upwards, with the latest revenue at $166,196.
What is the significance of 0% officer compensation?
The 0% officer compensation across all nine filings is highly significant. It suggests that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which typically indicates a strong commitment to directing funds towards the mission rather than administrative salaries.
Filing History
IRS 990 filing history for New Leaf New Life Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), New Leaf New Life Inc's revenue has grown by 83.3%, moving from $91K to $166K. Total assets increased by 302.7% over the same period, from $30K to $121K. Total functional expenses rose by 97.2%, from $75K to $147K. In its most recent filing year (2023), New Leaf New Life Inc reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $166K | $147K | $121K | $0 | — | — |
| 2022 | $146K | $148K | $103K | $2K | — | View 990 |
| 2021 | $154K | $150K | $107K | $3K | — | View 990 |
| 2020 | $174K | $97K | $102K | $1K | — | — |
| 2019 | $71K | $91K | $24K | $1K | — | View 990 |
| 2018 | $78K | $53K | $43K | $627 | — | View 990 |
| 2017 | $54K | $72K | $18K | $0 | — | View 990 |
| 2016 | $102K | $92K | $36K | $0 | — | View 990 |
| 2015 | $91K | $75K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $166K, expenses of $147K, and assets of $121K (revenue +14.1% year-over-year).
- 2022: Revenue of $146K, expenses of $148K, and assets of $103K (revenue -5.1% year-over-year).
- 2021: Revenue of $154K, expenses of $150K, and assets of $107K (revenue -11.7% year-over-year).
- 2020: Revenue of $174K, expenses of $97K, and assets of $102K (revenue +145.1% year-over-year).
- 2019: Revenue of $71K, expenses of $91K, and assets of $24K (revenue -8.8% year-over-year).
- 2018: Revenue of $78K, expenses of $53K, and assets of $43K (revenue +44.6% year-over-year).
- 2017: Revenue of $54K, expenses of $72K, and assets of $18K (revenue -47.3% year-over-year).
- 2016: Revenue of $102K, expenses of $92K, and assets of $36K (revenue +12.5% year-over-year).
- 2015: Revenue of $91K, expenses of $75K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Leaf New Life Inc:
Data Sources and Methodology
This transparency report for New Leaf New Life Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.