Overview
What is Newfound Families?
Newfound Families is a non-profit organization, situated in Virginia, dedicated to providing support and resources to adoptive and foster families. Their mission involves offering peer assistance and connecting these families with necessary tools. Through their recruitment and retention services, they aim to strengthen the adoption, foster, and kinship care communities in Virginia. Their initiatives include offering direct support to these families and organizing enriching camps and retreats for them.
Official website here: www.newfoundva.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Newfound Families has demonstrated a solid performance in accountability and finance, achieving an overall score of 87%. The organization is recognized for its transparency and ethical governance, as evidenced by having a fully independent board and no material diversion of assets. These factors contribute positively to its reputation within the nonprofit sector.
The organization excels in several key areas, including an impressive program expense ratio of 76.77%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, Newfound Families has established comprehensive policies, including conflict of interest and whistleblower policies, which reflect its commitment to accountability and ethical conduct.
However, while the organization boasts a strong financial and governance framework, there is limited information available regarding the impact of its programs and services. This could be an area for further development to enhance stakeholder understanding of its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Newfound Families legitimate?
Newfound Families is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newfound Families 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.newfoundva.org
What is the mission statement of Newfound Families?
Newfound Families' mission is centered around providing support for adoptive and foster families. Specifically, they offer recruitment and retention services to strengthen families involved in adoption, foster, and kinship care. Their activities extend beyond just offering assistance; they also connect these families with necessary resources. Their programs include providing support, organizing camps and retreats for these families, aiming to enhance their overall experience and well-being.
Official website here: www.newfoundva.org
Who is the CEO of Newfound Families?
Stan Phillips is the President of Newfound Families.
Official website here: www.newfoundva.org
What is the revenue of Newfound Families?
Newfound Families's revenue in 2022 was $490.
Official website here: www.newfoundva.org
Who are the executives of Newfound Families and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newfoundva.org
Where can I find the form 990 for Newfound Families?
Newfound Families's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newfoundva.org
Learn more at the official website: www.newfoundva.org
Mission Statement of Newfound Families
Newfound Families, a nonprofit organization, is committed to providing mission-driven support. Their primary goal is to offer recruitment and retention services, specifically tailored to bolster adoption, foster, and kinship care families in Virginia. By providing these essential services, Newfound Families aims to establish a supportive network for these families, connecting them with valuable resources. Beyond this, the organization offers peer support, fostering a sense of camaraderie among adoptive and foster families. Additionally, Newfound Families organizes camps and retreats, offering these families opportunities for respite and collective strengthening.
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Impact
October, 2024
Newfound Families has a significant impact by offering peer support and connecting adoptive and foster families in Virginia with essential resources. By focusing on recruitment and retention services, the organization strengthens the adoption, foster, and kinship care communities. Their initiatives, including support programs and camps or retreats, provide meaningful opportunities for families to connect, share experiences, and access vital information. This not only helps families navigate the complexities of their journeys but also fosters a sense of community and belonging. Through these efforts, Newfound Families enhances the overall well-being of families, ultimately contributing to more stable and supportive environments for children in various care arrangements.
This information is meant to be a general summary of Newfound Families. 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: $90
- Gross Receipts: $490
Assets and Liabilities:
- Total Assets: $31,919
- Total Liabilities: $0
- Net Assets: $31,919
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Organization Details
Founding Year
2006
Phone
(703) 891-2400Principal Officer
Stan Phillips
Main Address
8229 BOONE BLVD SUITE 320, VIENNA, VA, 22182
Website
www.newfoundva.orgNTEE Category
Code: P30 - Human services
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