New Earth Foundation Inc
- Assets
- $1.6m
- Revenue
- $74.0k
- Investments
- $1.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 12/1998
- Data as of
- 12/2021
- 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 12/2021, New Earth Foundation Inc generated $74.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $58.8k during the year ending 12/2021. While expenses have increased by 7.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Debra May Dir, Sec, Vp, Treas | 10 | $10,965 | |
Bara Loveland Dir, Pres | 6 | $7,510 | |
Sandra Rhoads Dir | 1 | $572 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17 |
| Dividends & Interest | $1,967 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,027 |
| Capital Gain Net Income | $9,027 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $63,019 |
| Total Revenue | $74,030 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,047 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $107 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $259 |
| Other expenses | $17,584 |
| Total operating and administrative expenses | $38,798 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $58,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,525 |
| 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 | $1,462,291 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,602,105 |
| 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 $20,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Sedona, AZ PURPOSE: STEP FORWARD EDUCATION | $4,000 |
Sedona, AZ PURPOSE: STEP FORWARD EDUCATION - EXPANDING THE YEAR 1 HIGH SCHOOL AND ONLINE PROGRAM | $4,000 |
Tucson, AZ PURPOSE: ARIZONA LAUNCH | $2,500 |
Tempe, AZ PURPOSE: STUDENT-LED SUSTAINABILITY PROJECTS | $1,500 |
South Jordan, UT PURPOSE: CREATION OF A NEW VILLAGE DRILL TEAM AND PROVISION OF CLEAN WATER FOR 10,000 PEOPLE | $1,500 |
Perrysburg, OH PURPOSE: WATERING FOR PROTECTION AND PROSPERITY | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Business Network For Maryland Offshore Wind Inc Baltimore, MD | $8,195,711 | $11,516,807 |
New Jersey Audubon Society Bernardsville, NJ | $31,869,877 | $7,026,003 |
Oyster Recovery Partnership Inc Annapolis, MD | $2,077,192 | $6,281,689 |
Nature Forward Inc Chevy Chase, MD | $13,470,867 | $5,136,432 |
Ruffed Grouse Society Pittsburgh, PA | $13,438,836 | $6,572,928 |
Western Maryland Resource Conservation And Development Hagerstown, MD | $687,522 | $3,323,285 |
Izaak Walton League Of America Inc Gaithersburg, MD | $11,223,043 | $2,929,642 |
Potomac Conservancy Inc Silver Spring, MD | $2,434,845 | $3,377,955 |
Wild Earth Allies Inc Chevy Chase, MD | $3,026,154 | $3,486,419 |
Southern Maryland Resource Conservation & Development Board Leonardtown, MD | $1,787,053 | $2,642,706 |
Partnership For The Delaware Estuary Inc Wilmington, DE | $2,108,208 | $2,653,652 |
Pa Assoc Of Conservation Districts Inc Harrisburg, PA | $2,577,881 | $2,656,352 |