Overview
What is New Foundations Inc?
New Foundations Inc, a nonprofit organization situated in Wolcott, Connecticut (06716), is dedicated to supporting individuals with special needs. Their primary mission is to offer residential facilities and supported living programs, enabling these individuals to live, learn, and grow within their community. They provide a 24-hour supervised environment, ensuring their health and behavioral needs are met while fostering the development of their potential abilities. The organization's vocational supports further empower these individuals, helping them integrate into their community and lead fulfilling lives. With a staff of 56 employees, New Foundations Inc serves individuals with special needs across Connecticut.
Official website here: www.newfoundationsct.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
New Foundations Inc has earned a Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The charity's overall score is influenced entirely by its high performance in the Accountability & Finance category, where it scored 81%. This indicates that New Foundations Inc is effectively managing its resources and adhering to sound financial practices.
One of the organization's notable strengths is its governance structure, boasting an entirely independent board, which enhances its accountability. Additionally, the charity has achieved perfect scores in several governance practices, such as maintaining a conflict of interest policy, a whistleblower policy, and proper document retention protocols. The financial health of the organization is also commendable, with an impressive program expense ratio of 86.07%, indicating that a significant majority of its expenditures support its mission-related programs.
Despite its positive performance, the rating does not reflect a comprehensive evaluation of program effectiveness or public impact. While high accountability and financial management are crucial, potential donors and supporters may want to seek further information regarding the outcomes and effectiveness of New Foundations Inc’s programs to get a fuller picture of its impact.
This AI summary has been generated from information found on Charity Navigator.
Is New Foundations Inc legitimate?
New Foundations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Foundations Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $176,244
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,720,972
For more financial information, click here
Official website here: www.newfoundationsct.com
What is the mission statement of New Foundations Inc?
New Foundations Inc, as an organization, is committed to offering residential facilities, supported living programs, and vocational supports to individuals with special needs. Located across various parts of a specific state, their primary objective is to empower these individuals by providing them with a home in the community. In this environment, they can learn new skills, develop their abilities, and become active members of their community. They receive round-the-clock health and behavioral support in a supervised environment, allowing them to grow and thrive.
Official website here: www.newfoundationsct.com
Who is the CEO of New Foundations Inc?
Sandra Vincenzo is the Board President of New Foundations Inc.
Official website here: www.newfoundationsct.com
What is the revenue of New Foundations Inc?
New Foundations Inc's revenue in 2022 was $2,865,149.
Official website here: www.newfoundationsct.com
Who are the executives of New Foundations Inc and what are their salaries?
The average compensation at New Foundations Inc during 2022 was $33,879. There are 56 employees at New Foundations Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $87,422
- Related: $0
- Other: $10,445
- Compensation: $70,367
- Related: $0
- Other: $1,778
Official website here: www.newfoundationsct.com
Where can I find the form 990 for New Foundations Inc?
New Foundations Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newfoundationsct.com
Learn more at the official website: www.newfoundationsct.com
Mission Statement of New Foundations Inc
New Foundations Inc is dedicated to offering residential facilities, supported living programs, and vocational supports for individuals with special needs who reside across Connecticut. Their mission is to provide a nurturing environment where these individuals can grow, learn new skills, and fully utilize their abilities. Through Community Living Arrangements, New Foundations Inc offers a home in the community for developmentally disabled individuals. Here, they receive round-the-clock health and behavioral support, enabling them to become active members of their community. New Foundations Inc's commitment is to empower these individuals, helping them realize their full potential and lead fulfilling lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
New Foundations Inc provides essential residential facilities, supported living programs, and vocational supports for individuals with special needs in Connecticut. Their community living arrangements offer developmentally disabled individuals the opportunity to build new skills, reach their potential, and actively participate in their communities. Through their 24-hour supervised environments, they ensure that individuals receive necessary health and behavioral support. This organization plays a significant role in enhancing the quality of life for these individuals and promoting inclusivity in society.
This information is meant to be a general summary of New Foundations Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $367
- Program Service Revenue: $2,765,527
- Gross Receipts: $2,865,149
Assets and Liabilities:
- Total Assets: $1,984,728
- Total Liabilities: $1,948,532
- Net Assets: $36,196
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Residential Services
Revenue
$2,629,277
Day Services
Revenue
$136,250
Organization Details
Founding Year
1987
Phone
(203) 879-4631Principal Officer
Sandra Vincenzo
Main Address
1776 Meriden Road, Wolcott, CT, 06716
Website
www.newfoundationsct.comNTEE Category
Code: P730 - Human services
If you are a representative of New Foundations Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.