New Leaf New Life
Nonprofit profile at a glance
- EIN
- 203168603
- IRS 990-EZ coverage
- 2019–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2014
- Location
- Bloomington, IN, USA
- Phone
- 8123556842
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $166,196
- Expenses
- $147,341
- Assets
- $120,598
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- BOBBY OVERMAN (President)
People named in this filing
- BOBBY OVERMAN (President)
- JEAN -PATRICK RICH (Treasurer)
- KIM NAESETH (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To decrease recidivism by providing programs and services both in the jail for current inmates and outside services for recently released convicts.
What it reported doing in 2023
The transition assistance program begins in the monroe county (Indiana) jail and continues at the transitional support center (tsc) . The activities at the tsc include provisions of various social services such as clothing, food hygiene supplies, glasses social services applications assistance. Preparation for the workforce and life skill coaching. Benefits of this program are substantial, with an average of 30-40 walk in clients served each day, 5 days a week.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 100
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.7%; rating input score 89
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 11.3%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.82; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 55.8% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 11.4% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 21.4% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 88.7% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $147K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2019 to 2023
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.