New Level Community Development Corporation
Fiscal Year
No current fiscal year information is available at this time.
Organizational Budgets and Other Documents
| New Level CDC 2022 Budget | 2022 |
| 2021 Projected Budget | 2021 |
| New Level CDC 2019 Budget | 2019 |
| New Level CDC 2019 Budget | 2019 |
IRS Letter of Exemption
| new level community development corporation irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $735,618.00 | $1,572,998.00 | |
| Total Expenses | $481,063.00 | $508,647.00 | |
| Revenue Less Expenses | ($-0.00) | $254,555.00 | $1,064,351.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $142,647.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $325,742.00 | $1,111,900.00 | |
| Contributions, Gifts, and Grants | $2,423.00 | $155,269.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $219,466.00 | $302,951.00 | |
| Investment Income, Net of Losses | $62.00 | $2,682.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $45,278.00 | $196.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $420,449.00 | $369,709.00 | |
| Administration Expense | $60,614.00 | $103,601.00 | |
| Fundraising Expense | $0.00 | $35,337.00 | |
| Total Revenue/Total Expenses | 153% | 309% | |
| Program Expense/Total Expenses | 87% | 73% | |
| Fundraising Expense/Contributed Revenue | 0% | 7% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Government Grants $325,742.00 | Government Grants $1,111,900.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Program Revenue $219,466.00 | Program Revenue $302,951.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Foundations and Corporations $142,647.00 | Contributions, Gifts, and Grants $155,269.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $14,695,815.00 | $4,696,110.00 | |
| Current Assets | $13,020,726.00 | $2,976,587.00 | |
| Long-Term Liabilities | $10,186,636.00 | $413,314.00 | |
| Current Liabilities | $66,707.00 | $94,879.00 | |
| Total Net Assets | $4,442,472.00 | $4,187,917.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Under Extension
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures are taken from 990 and audit. Financial documents completed by Bellenfant, PLLC. Comments provided by Nicole Rose 07/07/2022. |
