2024-05-13T14:58:29-05:00 2023-06-30 390859910 BAKER TILLY US LLP 2055 E WARNER RD STE 101 TEMPE AZ 85284 990 2022-07-01 860470300 THE PRE-HAB FOUNDATION PRE- 4809694024 868 E UNIVERSITY DR MESA AZ 85203 CATHERINE DYCIEWSKI CAO 4809694024 2024-05-09 1 CATHERINE DYCIEWSKI 999009999 0 COLETTE KAMPS CPA P00367616 4808394900 2024-05-07 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z A NEW LEAF FOUNDATION MICHAEL T HUGHES 868 E UNIVERSITY DR MESA AZ 85203 4076694 0 X N/A X 1983 AZ FACILITATE AND SUPPORT PROGRAMS OF A NEW LEAF, INC. 8 8 22 9 164298 26530 551848 12187 875416 824240 604440 675928 842693 926850 2874397 2439205 816583 1478250 0 0 377926 400998 0 0 620444 523687 542018 1718196 2421266 1156201 17939 9109564 9295541 257610 204135 8851954 9091406 FACILITATE AND SUPPORT PROGRAMS OF A NEW LEAF, INC. 0 0 1666353 1478250 869305 THE PRE-HAB FOUNDATION SOLICITS AND ALLOCATES FINANCIAL SUPPORT FOR SHELTER FACILITIES TO A NEW LEAF, INC. (AN AFFILIATED EXEMPT ORGANIZATION), MINIMIZING OCCUPANCY COSTS TO ALLOW LESSEE TO SPEND MORE OF ITS FUNDS ON ITS EXEMPT PURPOSE OF PROVIDING SHELTERS AND COUNSELING TO ELIGIBLE INDIVIDUALS PLACED BY GOVERNMENT AGENCIES. 1666353 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 11 0 22 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X X THE ORGANIZATION 4809694024 868 E UNIVERSITY DR MESA AZ 85203 X MARK SCHNEPF CHAIR 1.00 0.00 X X 0 0 0 DEBRA DUVALL VICE CHAIR 1.00 0.00 X X 0 0 0 CRAIG KUHSE TREASURER/SECRETARY 1.00 0.00 X X 0 0 0 CAROLYN IACOBELLI BOARD MEMBER 1.00 1.45 X 0 0 0 FRANCESCA GODI BOARD MEMBER 1.00 0.00 X 0 0 0 JANIS MERRILL BOARD MEMBER 1.00 0.00 X 0 0 0 LINDSAY SCHUBE BOARD MEMBER 1.00 0.00 X 0 0 0 WILLIAM SCOTT BOARD MEMBER 1.00 1.45 X 0 0 0 BARBARA BENNETT BOARD MEMBER (RESIGNED) 1.00 0.00 X 0 0 0 MICHAEL HUGHES CHIEF EXECUTIVE OFFICER 1.00 44.00 X 0 0 0 CATHERINE DYCIEWSKI CHIEF ADMINISTRATIVE OFFIC 1.00 44.00 X 0 0 0 CONSTANCE ORR CHIEF OPERATING OFFICER 1.00 44.00 X 0 0 0 KATHLEEN DINOLFI CHIEF PROGRAM OFFICER 1.00 44.00 X 0 0 0 JOSEPH DULIN CHIEF PHILANTHROPY OFFICER 1.00 44.00 X 0 0 0 NICOLE SALTER CHIEF COMPLIANCE OFFICER 1.00 44.00 X 0 0 0 0 0 0 0 0 0 0 0 12187 12187 PROPERTY RENTAL 531110 824240 824240 824240 118596 118596 117697 0 117697 117697 90562 27135 586269 658000 601187 85750 -14918 572250 557332 557332 1520534 849220 671314 -19038 690352 194106 101332 92774 92774 OTHER INCOME 561499 45065 45065 45065 2439205 869305 164298 1393415 1478250 1478250 336037 37993 298044 11135 1585 9550 26120 3719 22401 27706 2885 24821 161 161 29089 29089 27113 27113 21036 13406 7630 2627 77 2550 22669 440 22229 130670 5021 125649 1460 662 798 210 210 22886 3834 19052 156480 156172 55 253 18885 6627 12258 MISCELLANEOUS EXPENSES 59539 31931 812 26796 EQUIPMENT LEASE, REPAIR 49193 780 48413 2421266 1666353 134469 620444 778238 478363 164515 2436 2890 2561 11890996 7067951 5064966 4823045 3042799 3989136 56156 0 9109564 9295541 19420 24453 238190 179682 257610 204135 X 5671820 5630128 3180134 3461278 8851954 9091406 9109564 9295541 17939 221513 0 X X 0 1 X 1 0 X 91063 138159 5183 551848 12187 798440 875749 894218 882018 875416 824240 4351641 1235858 1018082 1047802 1414698 4716440 2202670 2050459 1935003 2841962 836427 9866521 0 829061 1165660 839232 2833953 829061 1165660 839232 2833953 7032568 122549 102956 104119 162098 145731 637453 122549 102956 104119 162098 145731 637453 93072 75981 69907 27530 266490 4674 3293 24182 5597 45065 82811 2329893 2249780 2139285 3079564 1054753 10853275 0.64800 0.62710 0.05870 0.05020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3180134 281144 167941 3293337 3006317 550000 -376183 3180134 2505811 500506 3006317 2472666 33145 2505811 2301177 59606 111883 2472666 1.00000 0 0 2474675 2474675 9032546 6684176 2348370 214241 214241 0 169534 169534 0 4823045 DUE TO RELATED AFFILIATE 179682 179682 X PART V, LINE 4: THE FOUNDATION'S ENDOWMENT (THE ENDOWMENT) CONSISTS OF FUNDS ESTABLISHED BY DONORS TO PROVIDE LONG-TERM SUSTAINABILITY FOR THE FOUNDATION'S OPERATIONS. NET ASSETS ASSOCIATED WITH THE ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR THE ENDOWMENT THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR OPERATIONS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. OVER TIME, LONG-TERM RATES OF RETURN SHOULD BE EQUAL TO AN AMOUNT SUFFICIENT TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS, TO PROVIDE THE NECESSARY CAPITAL TO FUND THE SPENDING POLICY, AND TO COVER THE COSTS OF MANAGING THE ENDOWMENT INVESTMENTS. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. TO SATISFY THIS LONG-TERM RATE-OF-RETURN OBJECTIVE, THE INVESTMENT PORTFOLIO IS STRUCTURED ON A TOTAL-RETURN APPROACH THROUGH WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). AS OF JUNE 30, 2023, A SIGNIFICANT PORTION OF THE FUNDS ARE INVESTED TO SEEK GROWTH OF PRINCIPAL OVER TIME. THE FOUNDATION USES AN ENDOWMENT SPENDING-RATE FORMULA TO DETERMINE THE AMOUNT TO SPEND FROM THE ENDOWMENT EACH YEAR. THE RATE, DETERMINED AND ADJUSTED FROM TIME TO TIME BY THE BOARD OF DIRECTORS, IS APPLIED TO THE AVERAGE FAIR VALUE OF THE ENDOWMENT INVESTMENTS FOR THE PRIOR 12 QUARTERS AT DECEMBER 31 OF EACH YEAR TO DETERMINE THE SPENDING AMOUNT FOR THE UPCOMING YEAR. IN ESTABLISHING THIS POLICY, THE FOUNDATION CONSIDERED THE LONG-TERM EXPECTED RETURN ON THE ENDOWMENT, AND SET THE RATE WITH THE OBJECTIVE OF MAINTAINING THE PURCHASING POWER OF THE ENDOWMENT OVER TIME. DURING 2023, THE SPENDING RATE WAS 0.00% BECAUSE THE BOARD OF DIRECTORS HAS ESTABLISHED A POLICY THAT THERE SHALL BE NO EXPENDITURES UNTIL SUCH TIME AS THE ENDOWMENT'S CORPUS, INCLUDING INVESTMENT RETURN EARNED UP UNTIL THAT POINT, REACHES $5,000,000. PART X, LINE 2: THE ORGANIZATION RECOGNIZES UNCERTAINTY IN INCOME TAXES IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY-THAN-NOT THAT THE POSITIONS WILL NOT BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF JUNE 30, 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1501356 780586 30418 0 19178 38216 0 1520534 780586 68634 849220 671314 AZ 1 0 1 0 1.00000 CATHY DYCIEWSKI 868 EAST UNIVERSITY MESA AZ 85203 0 DOUGLAS ROWLAND 23249 MANAGER-OVERSEES BINGO OPERATIONS X 0 1 A NEW LEAF INC 868 E UNIVERSITY DRIVE MESA AZ 85203 866025667 501(C)(3) 1478250 0 GENERAL SUPPORT 1 0 PART I, LINE 2: TWO BOARD MEMBERS ALSO SERVE ON THE BOARD OF DIRECTORS OF A NEW LEAF, INC. THE BOARD ALSO REVIEWS THE FINANCIAL INFORMATION OF A NEW LEAF, INC. FORM 990, PART VI, SECTION A, LINE 3 THE DAY-TO-DAY OPERATIONS ARE MANAGED BY A NEW LEAF, INC., AN UNRELATED ARIZONA NON-PROFIT CORPORATION EXEMPT FROM TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) WHO ALSO RECEIVES GRANTS FROM THIS ORGANIZATION. THE OFFICERS LISTED ON PART VII WERE EMPLOYEES OF A NEW LEAF, INC. SINCE A NEW LEAF IS NOT A RELATED TAX-EXEMPT ORGANIZATION PURSUANT TO THE IRS SCHEDULE R INSTRUCTIONS, NO COMPENSATION REPORTING FOR THESE OFFICERS IS REQUIRED IN PART VII OF THIS RETURN. INFORMATION RELATED TO THE TOTAL COMPENSATION OF THESE OFFICERS IS FULLY DISCLOSED ON THE FORM 990 FOR A NEW LEAF, INC., A PUBLIC INSPECTION COPY OF THIS RETURN IS MAINTAINED ON A NEW LEAF'S WEB SITE AT WWW.TURNANEWLEAF.ORG. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND ANY CHANGES INCORPORATED INTO THE FILING. ONCE THIS DETAILED REVIEW IS COMPLETE, THE DRAFT OF THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS AND KEY LEADERSHIP STAFF COMPLETE CONFLICT OF INTEREST FORMS AS REQUIRED UNDER A NEW LEAF, INC.'S CONFLICT OF INTEREST POLICY. THE ORGANIZATION'S MANAGEMENT TEAM MONITORS COMPLIANCE WITH POLICIES AND USE OF VENDORS, AGENCIES, PROFESSIONALS OR OTHER OUTSIDE ORGANIZATIONS TO ENSURE COMPLIANCE WITH POLICIES. BOARD MEMBERS RECUSE THEMSELVES FROM DISCUSSIONS OR VOTES WHEN POTENTIAL CONFLICT OF INTEREST ARISE. BOARD MEMBERS ANNUALLY COMPLETE A DISCLOSURE OF CONFLICT OF INTEREST STATEMENT WHICH IS MAINTAINED BY THE GOVERNANCE COMMITTEE AND THE CEO AND FORWARDED TO ANY GOVERNMENT AGENCIES WHICH REQUIRE SUCH DISCLOSURE. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 AND FORM 1023 ARE AVAILABLE ON A NEW LEAF, INC.'S WEBSITE, WWW.TURNANEWLEAF.ORG. FORM 990, PART VI, SECTION C, LINE 19 A PUBLIC COPY OF THE FORM 990, THE FINANCIAL STATEMENTS, THE CONFLICT OF INTEREST POLICY AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATION OFFICE DURING REGULAR BUSINESS HOURS. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN EITHER THE OVERSIGHT PROCESS OR THE SELECTION PROCESS DURING THE TAX YEAR. 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