Overview
What is New Found Community Foundation Inc?
New Found Community Foundation Inc, located in Atlanta, Georgia at 6100 Lake Forest Drive STE 300, is a nonprofit organization committed to enhancing the health and welfare of the residents of Seminole County and its surrounding region. The foundation aims to provide much-needed funds in a manner that positively impacts the community. Specifically, it pays for healthcare expenses of individuals below the poverty level, thereby alleviating financial burdens and ensuring access to essential medical services. This philanthropic endeavor seeks to improve overall community well-being in a significant way.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
New Found Community Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance management. The organization scored a perfect 100% in several key areas, including the independence of its board members and the absence of material diversion of assets, indicating robust governance practices.
The foundation's financial health is also noteworthy, with a program expense ratio of 97.06%. This suggests that a substantial portion of its funds is directly allocated to its programs, maximizing the impact of donations. Additionally, the presence of established policies regarding conflicts of interest, whistleblowing, and document retention further strengthens its operational integrity.
While the data showcases impressive financial accountability, the summary does not highlight specific programmatic outcomes or impact metrics. Nonetheless, the organization’s strong governance and commitment to transparency position it as a reputable entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is New Found Community Foundation Inc legitimate?
New Found Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Found Community Foundation 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: $4,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of New Found Community Foundation Inc?
The New Found Community Foundation Inc is committed to enhancing the health and well-being of the residents in Seminole County, Georgia, and its surrounding area. They achieve this by providing essential funds in a manner that significantly contributes to the community's welfare. Specifically, the foundation focuses on covering healthcare expenses for individuals living below the poverty line. This financial assistance aims to ensure that everyone in the community has access to necessary medical care, thereby improving their overall quality of life.
Who is the CEO of New Found Community Foundation Inc?
William R Burke is the Sec/Treas/Di of New Found Community Foundation Inc.
What is the revenue of New Found Community Foundation Inc?
New Found Community Foundation Inc's revenue in 2022 was $1,900,207.
Who are the executives of New Found Community Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $825
- Related: $0
- Other: $0
- Compensation: $825
- Related: $0
- Other: $0
- Compensation: $825
- Related: $0
- Other: $0
- Compensation: $825
- Related: $0
- Other: $0
- Compensation: $825
- Related: $0
- Other: $0
Where can I find the form 990 for New Found Community Foundation Inc?
New Found Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Found Community Foundation Inc
The New Found Community Foundation Inc is dedicated to enhancing the health and welfare of the residents in Seminole County, Georgia, and its surrounding region. The organization achieves this mission by dispersing much-needed funds in a manner that directly benefits the community. Specifically, the foundation focuses on covering the indigent healthcare expenses of individuals living below the poverty line. This financial support plays a crucial role in ensuring that these individuals have access to essential medical care, thereby improving their overall well-being. By providing these vital resources, the New Found Community Foundation Inc is working towards a healthier and more prosperous community.
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Impact
July, 2024
New Found Community Foundation Inc directly impacts the residents of Seminole County, Georgia, and its surrounding region by providing much-needed funds to increase the health and welfare of the community. Specifically, the organization pays for indigent care healthcare expenses for individuals below the poverty level. This demonstrates a tangible commitment to ensuring that essential healthcare services are accessible to those who need it most in the community.
This information is meant to be a general summary of New Found Community Foundation 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: $1,900,207
- Gross Receipts: $1,900,207
Assets and Liabilities:
- Total Assets: $53,927,938
- Total Liabilities: $0
- Net Assets: $53,927,938
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Organization Details
Founding Year
2011
Phone
(404) 255-7400Principal Officer
William R Burke
Main Address
6100 LAKE FORREST DRIVE STE 300, ATLANTA, GA, 30328
NTEE Category
Code: E12 - Health
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