Civic Intelligence

New Foundations Inc.

990 • Fiscal year 2020 • EIN 06-1207406

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 05, 2021

Organization Profilewww.newfoundationsct.com
1776 Meriden RoadWolcott, CT 06716

(203) 879-4631

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.14x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.88x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

42nd percentile

1.9%

Higher net margin than 42% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

64th percentile

$89,022

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

72nd percentile

20%

Faster asset growth than 72% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

4.6%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$2,098,476

Up $347,743 (+20%) from 2019

Net Assets

Up

-$301,407

Up $51,732 (+15%) from 2019

Liabilities

Up

$2,399,883

Up $296,011 (+14%) from 2019

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin42nd percentile

Revenue

Up

$2,729,473

Up $120,960 (+4.6%) from 2019

Expenses

Up

$2,677,741

Up $68,400 (+2.6%) from 2019

Net Income

Up

$51,732

Up $52,560 (+6348%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,090,121Liabilities 2011: $2,297,119Net Assets 2011: -$206,9982011Assets 2012: $2,117,964Liabilities 2012: $2,338,725Net Assets 2012: -$220,7612012Assets 2013: $2,053,240Liabilities 2013: $2,289,993Net Assets 2013: -$236,7532013Assets 2014: $2,106,859Liabilities 2014: $2,348,666Net Assets 2014: -$241,8072014Assets 2015: $2,034,747Liabilities 2015: $2,314,786Net Assets 2015: -$280,0392015Assets 2016: $1,949,934Liabilities 2016: $2,297,558Net Assets 2016: -$347,6242016Assets 2017: $1,910,913Liabilities 2017: $2,267,837Net Assets 2017: -$356,9242017Assets 2018: $1,844,941Liabilities 2018: $2,197,252Net Assets 2018: -$352,3112018Assets 2019: $1,750,733Liabilities 2019: $2,103,872Net Assets 2019: -$353,1392019Assets 2020: $2,098,476Liabilities 2020: $2,399,883Net Assets 2020: -$301,4072020Assets 2021: $2,155,390Liabilities 2021: $2,110,843Net Assets 2021: $44,5472021Assets 2022: $1,984,728Liabilities 2022: $1,948,532Net Assets 2022: $36,1962022Assets 2023: $2,384,207Liabilities 2023: $2,397,058Net Assets 2023: -$12,8512023Assets 2025: $2,499,878Liabilities 2025: $2,399,579Net Assets 2025: $100,2992025

Highlighted filing

2020

Assets$2,098,476
Liabilities$2,399,883
Net Assets-$301,407
Open 2020 Filing

Operations Trend

Revenue Growth57th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,169,794Expenses 2011: $2,207,329Net Income 2011: -$37,5352011Revenue 2012: $2,346,300Expenses 2012: $2,360,063Net Income 2012: -$13,7632012Revenue 2013: $2,156,664Expenses 2013: $2,172,656Net Income 2013: -$15,9922013Revenue 2014: $2,284,319Expenses 2014: $2,289,373Net Income 2014: -$5,0542014Revenue 2015: $2,283,964Expenses 2015: $2,322,196Net Income 2015: -$38,2322015Revenue 2016: $2,180,483Expenses 2016: $2,248,068Net Income 2016: -$67,5852016Revenue 2017: $2,290,377Expenses 2017: $2,299,677Net Income 2017: -$9,3002017Revenue 2018: $2,526,526Expenses 2018: $2,521,913Net Income 2018: $4,6132018Revenue 2019: $2,608,513Expenses 2019: $2,609,341Net Income 2019: -$8282019Revenue 2020: $2,729,473Expenses 2020: $2,677,741Net Income 2020: $51,7322020Revenue 2021: $3,167,032Expenses 2021: $2,821,078Net Income 2021: $345,9542021Revenue 2022: $2,865,149Expenses 2022: $2,874,735Net Income 2022: -$9,5862022Revenue 2023: $2,982,965Expenses 2023: $3,031,517Net Income 2023: -$48,5522023Revenue 2025: $3,409,628Expenses 2025: $3,311,458Net Income 2025: $98,1702025

Highlighted filing

2020

Revenue$2,729,473
Expenses$2,677,741
Net Income$51,732
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 5, 2021
Return Version
2019v5.2
Gross Receipts
$2,729,473
Mission and Program Overview

Mission

New foundations, inc. Provides residential facilities, supported living programs, and vocational supports for individuals with special needs who are located throughout the state of connecticut.

To provide residential facilities, supported living programs, and vocational supports for individuals with special needs who are located throughout the State of Connecticut.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,548,814$1,501,526▼ $47,288
Cash and Non-Interest-Bearing Accounts$145,975$512,751▲ $366,776
Accounts Receivable$30,807$70,075▲ $39,268
Loans From Officers Directors$59,500$42,500▼ $17,000
Prepaid Expenses and Deferred Charges$18,196$14,079▼ $4,117
Total Assets$1,750,733$2,098,476▲ $347,743
Other Assets Total$6,941$45▼ $6,896
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,690,780$1,663,255▼ $27,525
Other Liabilities$84,031$454,923▲ $370,892
Accounts Payable and Accrued Expenses$223,669$138,484▼ $85,185
Deferred Revenue$45,892$100,721▲ $54,829
Total Liabilities$2,103,872$2,399,883▲ $296,011
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-353,139$-301,407▲ $51,732
Total Net Assets Fund Balance$-353,139$-301,407▲ $51,732
Total Liabilities and Net Assets / Fund Balance$1,750,733$2,098,476▲ $347,743

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,066,711$532,914$1,599,625
Land$433,249-$433,249
Other Land Buildings$1,566$112,196$113,762
Equipment$0$12,383$12,383
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sandra VincenzoExecutive DirectorFT$77,264$11,758$89,022
Donna BuckFiscal Affairs AdministratorFT$64,031$2,200$66,231

Board Members and Trustees

NameTitle
Mike HalaganBoard President
Mike CarlsonBoard Member
Roberta GacekBoard Member
Todd BurtonBoard Member (as of 02.2020)
Lois PeckaBoard Member (thru 09.2019)
Mike GacekBoard Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$50,824
Program Service Revenue
$2,678,649
Investment Income
$0
Other Revenue
$0
All Other Contributions
$50,824
Change in Net Assets
$51,732

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,729,473
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,729,473
Total Revenue per Form 990
$2,729,473
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,051,286
Other Expenses$626,455
Total Fundraising Expense$733
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,489,514$70,653$587$1,560,754
Other Employee Benefits$166,064$15,017$66$181,147
Current Officers, Directors, Trustees, and Key Employees-$162,585-$162,585
Payroll Taxes$127,614$19,136$50$146,800
Occupancy$71,553$32,730-$104,283
Interest$65,950$14,633-$80,583
Depreciation Depletion$62,814$574-$63,388
Office Expenses$40,681$22,028$30$62,739
Insurance$49,298$11,262-$60,560
Fees for Services Other-$37,424-$37,424
Travel$29,827--$29,827
Other Expenses$980$10,000-$980
Total Functional Expenses$2,280,416$396,592$733$2,677,741

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,677,741
Total Expenses per Audited Statements$2,677,741
Total Expenses per Form 990$2,677,741
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$59,500$42,500▼ $17,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
PPP Loan$357,500
Due to State$91,316
Unsecured Note to Non-Key Employee$6,107
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Board member Roberta Gacek and Board Secretary Mike Gacek have a family relationship.”

Form 990, Part VI, Section A, line 8B

“The organization does not have any formal Board committees.”

Form 990, Part VI, Section B, line 11B

“Form 990 is reviewed by the Executive Director line by line. It is reviewed by the Board of Directors before it is filed. If time does not allow, it is reviewed by Board of Directors after it is filed.”

Form 990, Part VI, Section B, line 12C

“All Board members and employees are made aware of the conflict of interest policy, which is part of the organization's Policy and Procedure Manual. It is expected that Board members and employees will report to management any potential risk as/or if it arises.”

Form 990, Part VI, Section B, line 15

“Board of Directors review compensation to Executive Director and approve increases if State contract increases. Other employees compensation is reviewed and approved by the Executive Director.”

Form 990, Part VI, Section C, line 19

“This information is made available upon request.”

Filing and Contact Details

Filer

Filer Name
New Foundations Inc
EIN
06-1207406
Phone
2038794631
Address
1776 Meriden Road, Wolcott, CT 06716

Signing Officer

Name
Sandra Vincenzo
Title
Executive Director
Phone
2038794631
Signed
2021-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandra Vincenzo
Formed
1987
Legal Domicile
Ct
Voting Board Members
5
Independent Board Members
5
Employees
65
Volunteers
0

Preparer

Firm
Apicella Testa & Company PC
Address
680 Bridgeport Avenue, Shelton, CT 06484
Preparer
James E Traester CPA
Phone
2039259494
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“Income Taxes - The Company is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law. Accordingly, no provision for income taxes has been made in the accompanying financial statements. The Company recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management believes that the Company has no tax positions that would require financial statement recognition or disclosure. The Company's informational returns for fiscal years ending June 30, 2017 and after are subject to examination by the Internal Revenue Service and the State of Connecticut, generally for three years from the date they were filed.”

Raw XML AppendixShowing 400 of 487 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0223669
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0138484
IRS990/AccountsReceivableGrp/BOYAmt030807
IRS990/AccountsReceivableGrp/EOYAmt070075
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To provide residential facilities, supported living programs, and vocational supports for individuals with special needs who are located throughout the State of Connecticut.
IRS990/AllOtherContributionsAmt050824
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0New Foundations Inc
IRS990/BooksInCareOfDetail/PhoneNum02038794631
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01776 Meriden Road
IRS990/BooksInCareOfDetail/USAddress/CityNm0Wolcott
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006716
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0145975
IRS990/CashNonInterestBearingGrp/EOYAmt0512751
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0162585
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0162585
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt050824
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0626455
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02678649
IRS990/CYRevenuesLessExpensesAmt051732
IRS990/CYSalariesCompEmpBnftPaidAmt02051286
IRS990/CYTotalExpensesAmt02677741
IRS990/CYTotalFundraisingExpenseAmt0733
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02729473
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt045892
IRS990/DeferredRevenueGrp/EOYAmt0100721
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0574
IRS990/DepreciationDepletionGrp/ProgramServicesAmt062814
IRS990/DepreciationDepletionGrp/TotalAmt063388
IRS990/Desc0Community Living Arrangements - Gives developmentally disabled individuals a home in the community where they can learn and acquire new skills, develop their potential abilities and be part of their community. They receive health and behavioral support in a 24-hour supervised environment.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt065
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02231004
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt037424
IRS990/FeesForServicesOtherGrp/TotalAmt037424
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt611758
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt72200
IRS990/Form990PartVIISectionAGrp/PersonNm0Mike Halagan
IRS990/Form990PartVIISectionAGrp/PersonNm1Mike Gacek
IRS990/Form990PartVIISectionAGrp/PersonNm2Lois Pecka
IRS990/Form990PartVIISectionAGrp/PersonNm3Roberta Gacek
IRS990/Form990PartVIISectionAGrp/PersonNm4Mike Carlson
IRS990/Form990PartVIISectionAGrp/PersonNm5Todd Burton
IRS990/Form990PartVIISectionAGrp/PersonNm6Sandra Vincenzo
IRS990/Form990PartVIISectionAGrp/PersonNm7Donna Buck
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt677264
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt764031
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member (thru 09.2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member (as of 02.2020)
IRS990/Form990PartVIISectionAGrp/TitleTxt6Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Fiscal Affairs Administrator
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02729473
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt011262
IRS990/InsuranceGrp/ProgramServicesAmt049298
IRS990/InsuranceGrp/TotalAmt060560
IRS990/InterestGrp/ManagementAndGeneralAmt014633
IRS990/InterestGrp/ProgramServicesAmt065950
IRS990/InterestGrp/TotalAmt080583
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0657493
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01548814
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01501526
IRS990/LandBldgEquipCostOrOtherBssAmt02159019
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt059500
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt042500
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0New Foundations, Inc. provides residential facilities, supported living programs, and vocational supports for individuals with special needs who are located throughout the State of Connecticut.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01690780
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01663255
IRS990/NetAssetsOrFundBalancesBOYAmt0-353139
IRS990/NetAssetsOrFundBalancesEOYAmt0-301407
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-353139
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-301407
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt032730
IRS990/OccupancyGrp/ProgramServicesAmt071553
IRS990/OccupancyGrp/TotalAmt0104283
IRS990/OfficeExpensesGrp/FundraisingAmt030
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022028
IRS990/OfficeExpensesGrp/ProgramServicesAmt040681
IRS990/OfficeExpensesGrp/TotalAmt062739
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06941
IRS990/OtherAssetsTotalGrp/EOYAmt045
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt066
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015017
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0166064
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0181147
IRS990/OtherExpensesGrp/Desc0Food, Household, Medica
IRS990/OtherExpensesGrp/Desc1Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc2Bad Debt Expense
IRS990/OtherExpensesGrp/Desc3Employee Training
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0550
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110000
IRS990/OtherExpensesGrp/ProgramServicesAmt0110325
IRS990/OtherExpensesGrp/ProgramServicesAmt165796
IRS990/OtherExpensesGrp/ProgramServicesAmt2980
IRS990/OtherExpensesGrp/TotalAmt0110325
IRS990/OtherExpensesGrp/TotalAmt166346
IRS990/OtherExpensesGrp/TotalAmt210000
IRS990/OtherExpensesGrp/TotalAmt3980
IRS990/OtherLiabilitiesGrp/BOYAmt084031
IRS990/OtherLiabilitiesGrp/EOYAmt0454923
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0587
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt070653
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01489514
IRS990/OtherSalariesAndWagesGrp/TotalAmt01560754
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt050
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019136
IRS990/PayrollTaxesGrp/ProgramServicesAmt0127614
IRS990/PayrollTaxesGrp/TotalAmt0146800
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018196
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014079
IRS990/PrincipalOfficerNm0Sandra Vincenzo
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623210
IRS990/ProgramServiceRevenueGrp/BusinessCd1624120
IRS990/ProgramServiceRevenueGrp/Desc0Community Living Arran
IRS990/ProgramServiceRevenueGrp/Desc1Vocational Services
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02616540
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt162109
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02616540
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt162109
IRS990/ProgSrvcAccomActy2Grp/Desc0Individualized Day Services - The Organization assists residents in a home environment teaching vocational/non-vocational skills.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt049412
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt062109
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt027153
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0601314
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02581360
IRS990/PYRevenuesLessExpensesAmt0-828
IRS990/PYSalariesCompEmpBnftPaidAmt02008027
IRS990/PYTotalExpensesAmt02609341
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02608513
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt051732
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02616540
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt050824
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt027153
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt030990
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt016441
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt07150
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0132558
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02678649
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02581360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02494863
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02273886
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02153734
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012182492
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01000
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0673
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt018599
IRS990ScheduleA/OtherIncome509Grp/TotalAmt019322
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99840
IRS990ScheduleA/PublicSupportPY509Pct00.99830
IRS990ScheduleA/PublicSupportTotal509Amt012315050
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02729473
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02608513
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02525853
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02290327
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02160884
IRS990ScheduleA/Total509Grp/TotalAmt012315050
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02729473
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02608513
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02526526
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02290377
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02180483
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt012335372
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01066711
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0532914
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01599625
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012383
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012383
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02677741
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0433249
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0433249
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01566
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0112196
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0113762
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt091316
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16107
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2357500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to State
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Unsecured Note to Non-Key Employee
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PPP Loan
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02729473
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Income Taxes - The Company is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law. Accordingly, no provision for income taxes has been made in the accompanying financial statements. The Company recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management believes that the Company has no tax positions that would require financial statement recognition or disclosure. The Company's informational returns for fiscal years ending June 30, 2017 and after are subject to examination by the Internal Revenue Service and the State of Connecticut, generally for three years from the date they were filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01501526
IRS990ScheduleD/TotalExpensesPerForm990Amt02677741
IRS990ScheduleD/TotalLiabilityAmt0454923
IRS990ScheduleD/TotalRevenuePerForm990Amt02729473
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02729473
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02677741
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt02000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt18500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt220000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt312000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Working Capital - Operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Working Capital - Operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2Working Capital - Operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3Working Capital - Operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt18500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt220000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt312000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Sandra Vincenzo
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Sandra Vincenzo
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2Sandra Vincenzo
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3Sandra Vincenzo
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Sandra Vincenzo is the Executive Director of the organization.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Sandra Vincenzo is the Executive Director of the organization.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2Sandra Vincenzo is the Executive Director of the organization.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3Sandra Vincenzo is the Executive Director of the organization.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/TotalBalanceDueAmt042500
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board member Roberta Gacek and Board Secretary Mike Gacek have a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization does not have any formal Board committees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is reviewed by the Executive Director line by line. It is reviewed by the Board of Directors before it is filed. If time does not allow, it is reviewed by Board of Directors after it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All Board members and employees are made aware of the conflict of interest policy, which is part of the organization's Policy and Procedure Manual. It is expected that Board members and employees will report to management any potential risk as/or if it arises.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Board of Directors review compensation to Executive Director and approve increases if State contract increases. Other employees compensation is reviewed and approved by the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5This information is made available upon request.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,098,476
Liabilities
$2,399,883
Net assets
-$301,407
Revenue
$2,729,473
Expenses
$2,677,741
Net income
$51,732
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$2.40$0.10$3.41$3.31$0.10
2024Import issue. A filing source exists for this year, but detailed import did not complete cleanly.
2023Detailed filing. Detailed filing data is available for this year.$2.38$2.40$0.01$2.98$3.03$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$1.95$0.04$2.87$2.87$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$2.11$0.04$3.17$2.82$0.35
2020Detailed filing. Detailed filing data is available for this year.$2.10$2.40$0.30$2.73$2.68$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$2.10$0.35$2.61$2.61$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$2.20$0.35$2.53$2.52$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$2.27$0.36$2.29$2.30$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$2.30$0.35$2.18$2.25$0.07
2015Summary only. Only limited summary data is available for this year.$2.03$2.31$0.28$2.28$2.32$0.04
2014Summary only. Only limited summary data is available for this year.$2.11$2.35$0.24$2.28$2.29$0.01
2013Summary only. Only limited summary data is available for this year.$2.05$2.29$0.24$2.16$2.17$0.02
2012Summary only. Only limited summary data is available for this year.$2.12$2.34$0.22$2.35$2.36$0.01
2011Summary only. Only limited summary data is available for this year.$2.09$2.30$0.21$2.17$2.21$0.04