Overview
What is New Foundations Home For Children?
New Foundations Home for Children is a private, nonprofit organization based in Anderson, South Carolina, specifically at 2300 Standridge Road. Their primary mission is to offer specialized care for emotionally distressed children, adolescents, and families, providing a range of programs to cater to their unique needs. A survey conducted in the past revealed that 72% of those surveyed were in a less restricted environment, and 99% of them were engaged in school, work, or vocational training, while 93% had no criminal conduct since their discharge. With a workforce of 160 dedicated individuals, New Foundations Home for Children strives to positively impact the lives of emotionally troubled youth and families.
Official website here: www.newfoundationschildren.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
New Foundations Home For Children has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization's rating is based solely on its accountability and finance metrics, where it scored exceptionally well across various criteria, including having a fully independent board and no material diversion of assets.
The charity's financial practices demonstrate robustness, with a program expense ratio of 75.59%, indicating that a significant portion of its expenditures directly supports its programs. Additionally, the organization has established comprehensive policies, such as a conflict of interest policy and a whistleblower policy, ensuring transparency and ethical governance.
While the data showcases numerous strengths, it is essential for potential donors to consider the overall impact of the organization's programs and services, which are not covered in the financial evaluation. Nevertheless, the high rating reflects a strong foundation of trust and reliability in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is New Foundations Home For Children legitimate?
New Foundations Home For Children is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Foundations Home For Children 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: $104,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,885,175
For more financial information, click here
Official website here: www.newfoundationschildren.com
What is the mission statement of New Foundations Home For Children?
New Foundations Home For Children is a private, nonprofit organization dedicated to providing specialized care for emotionally troubled children and adolescents, as well as supporting their families. The agency offers a variety of programs aimed at meeting these needs. The mission of New Foundations Home For Children is centered around providing a supportive environment for these individuals, helping them navigate their challenges and promote their overall well-being. According to survey data, 72% of those surveyed were in a less restricted environment post-care, and 93% had no criminal conduct since their discharge. Furthermore, 99% were either in school, working, or undergoing vocational training, indicating positive outcomes for the children served by this organization.
Official website here: www.newfoundationschildren.com
Who is the CEO of New Foundations Home For Children?
Steve Dean is the Board Member of New Foundations Home For Children.
Official website here: www.newfoundationschildren.com
What is the revenue of New Foundations Home For Children?
New Foundations Home For Children's revenue in 2023 was $5,437,052.
Official website here: www.newfoundationschildren.com
Who are the executives of New Foundations Home For Children and what are their salaries?
The average compensation at New Foundations Home For Children during 2023 was $24,933. There are 160 employees and 250 volunteers at New Foundations Home For Children.
Here are 8 key members and their salaries:
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Official website here: www.newfoundationschildren.com
Where can I find the form 990 for New Foundations Home For Children?
New Foundations Home For Children's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.newfoundationschildren.com
Learn more at the official website: www.newfoundationschildren.com
Mission Statement of New Foundations Home For Children
New Foundations Home for Children, a private nonprofit organization, specializes in providing caring services for emotionally troubled children and adolescents, as well as their families. Their mission is to offer a variety of programs aimed at addressing these needs, ensuring a comprehensive approach to treatment. By focusing on this demographic, New Foundations aims to create an environment that fosters growth and recovery. The organization has demonstrated success in its approach, with 72% of surveyed individuals transitioning to a less restricted environment, and an impressive 93% and 99% boasting no criminal conduct and ongoing engagement in education, work, or vocational training, respectively, post-discharge.
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Impact
July, 2024
New Foundations Home For Children has had a significant impact on the lives of emotionally troubled children, adolescents, and families. Through its array of programs, the organization has helped a large percentage of those served transition to less restrictive environments after receiving care. Additionally, the majority of individuals who have gone through New Foundations Home For Children's programs have had no criminal conduct post-discharge, demonstrating the effectiveness of the organization in positively influencing behavior. Furthermore, nearly all program participants were either in school, working, or undergoing vocational training after being helped by New Foundations Home For Children. This data illustrates the organization's success in providing essential support and guidance to those in need, ultimately contributing to the improvement of their overall well-being and future prospects.
This information is meant to be a general summary of New Foundations Home For Children. 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 2023.
- Investment Income: $31,919
- Program Service Revenue: $4,662,427
- Gross Receipts: $5,437,052
Assets and Liabilities:
- Total Assets: $4,204,541
- Total Liabilities: $1,332,575
- Net Assets: $2,871,966
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL CARE FOR YOUTH
Revenue
$4,662,427
Organization Details
Founding Year
1974
Phone
(864) 225-1628Principal Officer
Steve Dean
Main Address
2300 STANDRIDGE ROAD, ANDERSON, SC, 29625
NTEE Category
Code: P730 - Human services
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