Civic Intelligence

New Foundations Inc.

990 • Fiscal year 2021 • EIN 06-1207406

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 23, 2022

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

93rd percentile

0.98x

Higher debt load relative to assets than 93% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

83rd percentile

0.67x

Higher debt load relative to revenue than 83% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

47th percentile

11%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

67th percentile

$94,357

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

34th percentile

2.7%

Faster asset growth than 34% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

16%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$2,155,390

Up $56,914 (+2.7%) from 2020

Net Assets

Up

$44,547

Up $345,954 (+115%) from 2020

Liabilities

Down

$2,110,843

Down $289,040 (-12%) from 2020

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin47th percentile

Revenue

Up

$3,167,032

Up $437,559 (+16%) from 2020

Expenses

Up

$2,821,078

Up $143,337 (+5.4%) from 2020

Net Income

Up

$345,954

Up $294,222 (+569%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth34th 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

2021

Assets$2,155,390
Liabilities$2,110,843
Net Assets$44,547
Open 2021 Filing

Operations Trend

Revenue Growth54th 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

2021

Revenue$3,167,032
Expenses$2,821,078
Net Income$345,954
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 23, 2022
Return Version
2020v4.2
Gross Receipts
$3,167,032
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$1,501,526$1,618,933▲ $117,407
Cash and Non-Interest-Bearing Accounts$512,751$439,706▼ $73,045
Accounts Receivable$70,075$74,538▲ $4,463
Loans From Officers Directors$42,500$0▼ $42,500
Prepaid Expenses and Deferred Charges$14,079$21,896▲ $7,817
Total Assets$2,098,476$2,155,390▲ $56,914
Other Assets Total$45$317▲ $272
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,663,255$1,735,471▲ $72,216
Accounts Payable and Accrued Expenses$138,484$179,541▲ $41,057
Deferred Revenue$100,721$104,408▲ $3,687
Other Liabilities$454,923$91,423▼ $363,500
Total Liabilities$2,399,883$2,110,843▼ $289,040
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-301,407$44,547▲ $345,954
Total Net Assets Fund Balance$-301,407$44,547▲ $345,954
Total Liabilities and Net Assets / Fund Balance$2,098,476$2,155,390▲ $56,914

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,019,302$588,923$1,608,225
Land$433,249-$433,249
Other Land Buildings$166,382$54,508$220,890
Equipment$0$4,960$4,960
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sandra VincenzoExecutive DirectorFT$81,693$12,664$94,357
Donna BuckFiscal Affairs AdministratorFT$67,950$1,558$69,508

Board Members and Trustees

NameTitle
Mike HalaganBoard President
Mike CarlsonBoard Member
Roberta GacekBoard Member
Todd BurtonBoard Member
Mike GacekBoard Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$387,341
Program Service Revenue
$2,772,191
Investment Income
$7,251
Other Revenue
$249
All Other Contributions
$29,841
Change in Net Assets
$345,954

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,167,032
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,167,032
Total Revenue per Form 990
$3,167,032
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,211,269
Other Expenses$609,809
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,664,507$80,277-$1,744,784
Current Officers, Directors, Trustees, and Key Employees-$165,282-$165,282
Payroll Taxes$137,978$19,534-$157,512
Other Employee Benefits$134,558$9,133-$143,691
Occupancy$70,818$32,115-$102,933
Depreciation Depletion$72,701--$72,701
Interest$65,368$1,312-$66,680
Office Expenses$42,481$21,993-$64,474
Insurance$47,232$12,171-$59,403
Fees for Services Other-$37,544-$37,544
Travel$24,278$32-$24,310
Other Expenses$1,246$45-$1,291
Total Functional Expenses$2,434,908$386,170$0$2,821,078

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,821,078
Total Expenses per Audited Statements$2,821,078
Total Expenses per Form 990$2,821,078
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$42,500$0▼ $42,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to State$91,423
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 before it is filed. It is reviewed by the 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
2022-02-23
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
57
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, 2018 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 448 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/BOYAmt0138484
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0179541
IRS990/AccountsReceivableGrp/BOYAmt070075
IRS990/AccountsReceivableGrp/EOYAmt074538
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/AllOtherContributionsAmt029841
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/BOYAmt0512751
IRS990/CashNonInterestBearingGrp/EOYAmt0439706
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0165282
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0165282
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0387341
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07251
IRS990/CYOtherExpensesAmt0609809
IRS990/CYOtherRevenueAmt0249
IRS990/CYProgramServiceRevenueAmt02772191
IRS990/CYRevenuesLessExpensesAmt0345954
IRS990/CYSalariesCompEmpBnftPaidAmt02211269
IRS990/CYTotalExpensesAmt02821078
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03167032
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0100721
IRS990/DeferredRevenueGrp/EOYAmt0104408
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt072701
IRS990/DepreciationDepletionGrp/TotalAmt072701
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/EmployeeCnt057
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02343152
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt037544
IRS990/FeesForServicesOtherGrp/TotalAmt037544
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/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/OtherCompensationAmt512664
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt61558
IRS990/Form990PartVIISectionAGrp/PersonNm0Mike Halagan
IRS990/Form990PartVIISectionAGrp/PersonNm1Mike Gacek
IRS990/Form990PartVIISectionAGrp/PersonNm2Roberta Gacek
IRS990/Form990PartVIISectionAGrp/PersonNm3Mike Carlson
IRS990/Form990PartVIISectionAGrp/PersonNm4Todd Burton
IRS990/Form990PartVIISectionAGrp/PersonNm5Sandra Vincenzo
IRS990/Form990PartVIISectionAGrp/PersonNm6Donna Buck
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt581693
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt667950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Fiscal Affairs Administrator
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt07251
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0357500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt07251
IRS990/GrossReceiptsAmt03167032
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt012171
IRS990/InsuranceGrp/ProgramServicesAmt047232
IRS990/InsuranceGrp/TotalAmt059403
IRS990/InterestGrp/ManagementAndGeneralAmt01312
IRS990/InterestGrp/ProgramServicesAmt065368
IRS990/InterestGrp/TotalAmt066680
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0648391
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01501526
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01618933
IRS990/LandBldgEquipCostOrOtherBssAmt02267324
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt042500
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
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/BOYAmt01663255
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01735471
IRS990/NetAssetsOrFundBalancesBOYAmt0-301407
IRS990/NetAssetsOrFundBalancesEOYAmt044547
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt07251
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt07251
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-301407
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt044547
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt032115
IRS990/OccupancyGrp/ProgramServicesAmt070818
IRS990/OccupancyGrp/TotalAmt0102933
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021993
IRS990/OfficeExpensesGrp/ProgramServicesAmt042481
IRS990/OfficeExpensesGrp/TotalAmt064474
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt045
IRS990/OtherAssetsTotalGrp/EOYAmt0317
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09133
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0134558
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0143691
IRS990/OtherExpensesGrp/Desc0Food, Household, Medica
IRS990/OtherExpensesGrp/Desc1Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc2Bad Debt Expense
IRS990/OtherExpensesGrp/Desc3Employee Training
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03702
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13030
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt245
IRS990/OtherExpensesGrp/ProgramServicesAmt092019
IRS990/OtherExpensesGrp/ProgramServicesAmt181722
IRS990/OtherExpensesGrp/ProgramServicesAmt21246
IRS990/OtherExpensesGrp/TotalAmt092019
IRS990/OtherExpensesGrp/TotalAmt185424
IRS990/OtherExpensesGrp/TotalAmt23030
IRS990/OtherExpensesGrp/TotalAmt31291
IRS990/OtherLiabilitiesGrp/BOYAmt0454923
IRS990/OtherLiabilitiesGrp/EOYAmt091423
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0249
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0249
IRS990/OtherRevenueTotalAmt0249
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt080277
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01664507
IRS990/OtherSalariesAndWagesGrp/TotalAmt01744784
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019534
IRS990/PayrollTaxesGrp/ProgramServicesAmt0137978
IRS990/PayrollTaxesGrp/TotalAmt0157512
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014079
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021896
IRS990/PrincipalOfficerNm0Sandra Vincenzo
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623210
IRS990/ProgramServiceRevenueGrp/BusinessCd1624120
IRS990/ProgramServiceRevenueGrp/Desc0Residential Services
IRS990/ProgramServiceRevenueGrp/Desc1Day Services
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02634476
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1137715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02634476
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1137715
IRS990/ProgSrvcAccomActy2Grp/Desc0Individualized Day Services - The Organization assists residents in a home environment teaching vocational/non-vocational skills.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt091756
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0137715
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt050824
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0626455
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02678649
IRS990/PYRevenuesLessExpensesAmt051732
IRS990/PYSalariesCompEmpBnftPaidAmt02051286
IRS990/PYTotalExpensesAmt02677741
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02729473
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0345954
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02634476
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0387341
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt050824
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt027153
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt030990
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt016441
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0512749
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02772191
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02678649
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02581360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02494863
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02273886
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012800949
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0249
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0673
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt050
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0972
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99840
IRS990ScheduleA/PublicSupportTotal509Amt013313698
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03159532
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02729473
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02608513
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02525853
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02290327
IRS990ScheduleA/Total509Grp/TotalAmt013313698
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03159781
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02729473
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02608513
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02526526
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02290377
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt013314670
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/BookValueAmt01019302
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0588923
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01608225
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04960
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04960
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02821078
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0433249
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0433249
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0166382
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt054508
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0220890
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt091423
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to State
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03167032
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, 2018 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/TotalBookValueLandBuildingsAmt01618933
IRS990ScheduleD/TotalExpensesPerForm990Amt02821078
IRS990ScheduleD/TotalLiabilityAmt091423
IRS990ScheduleD/TotalRevenuePerForm990Amt03167032
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03167032
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02821078
IRS990/ScheduleJRequiredInd00
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 before it is filed. It is reviewed by the 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02098476
IRS990/TotalAssetsEOYAmt02155390
IRS990/TotalAssetsGrp/BOYAmt02098476
IRS990/TotalAssetsGrp/EOYAmt02155390
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0387341
IRS990/TotalEmployeeCnt057
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0386170
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02434908
IRS990/TotalFunctionalExpensesGrp/TotalAmt02821078
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02399883
IRS990/TotalLiabilitiesEOYAmt02110843
IRS990/TotalLiabilitiesGrp/BOYAmt02399883
IRS990/TotalLiabilitiesGrp/EOYAmt02110843
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-301407
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt044547
IRS990/TotalOtherCompensationAmt014222
IRS990/TotalProgramServiceExpensesAmt02434908
IRS990/TotalProgramServiceRevenueAmt02772191
IRS990/TotalReportableCompFromOrgAmt0149643
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02779691
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03167032
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02098476
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02155390

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,155,390
Liabilities
$2,110,843
Net assets
$44,547
Revenue
$3,167,032
Expenses
$2,821,078
Net income
$345,954
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $1M-$5M nonprofits