New Foundations Inc
Wolcott, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Poor
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,982,965↑4% | $3,031,517↑5% | $2,384,207↑20% | |
| 2022 | $2,865,149↓10% | $2,874,735↑2% | $1,984,728↓8% | — |
| 2021 | $3,167,032↑16% | $2,821,078↑5% | $2,155,390↑3% | — |
| 2020 | $2,729,473↑5% | $2,677,741↑3% | $2,098,476↑20% | — |
| 2019 | $2,608,513↑3% | $2,609,341↑3% | $1,750,733↓5% | — |
| 2018 | $2,526,526↑10% | $2,521,913↑10% | $1,844,941↓3% | — |
| 2017 | $2,290,377↑5% | $2,299,677↑2% | $1,910,913↓2% | — |
| 2016 | $2,180,483↓5% | $2,248,068↓3% | $1,949,934↓4% | — |
| 2015 | $2,283,964 | $2,322,196↑1% | $2,034,747↓3% | — |
| 2014 | $2,284,319↑6% | $2,289,373↑5% | $2,106,859↑3% | — |
| 2013 | $2,156,664↓8% | $2,172,656↓8% | $2,053,240↓3% | — |
| 2012 | $2,346,300↑8% | $2,360,063↑7% | $2,117,964↑1% | — |
| 2011 | $2,169,794 | $2,207,329 | $2,090,121 | — |
Frequently Asked Questions
What does New Foundations Inc do?▼
New Foundations Inc is a human services nonprofit organization based in Connecticut. It is classified under NTEE code P730 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Foundations Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, New Foundations Inc has a score of 30/100 (Grade: D). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does New Foundations Inc generate?▼
New Foundations Inc reports $3.4M in annual revenue and holds $2.5M in total assets, based on IRS filings.
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