Civic Intelligence

New Foundations Development Inc.

990EZ • Fiscal year 2023 • EIN 46-2225077

Apr 01, 2022 to Mar 31, 2023 • Filed on Jan 16, 2024

Organization Profilewww.nfdinc.org
607 Oothcalooga StCalhoun, GA 30701

(706) 629-9183

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

60th percentile

9.2%

Higher net margin than 60% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

31st percentile

-11%

Faster asset growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

25th percentile

-20%

Faster revenue growth than 25% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$92,808

Down $11,083 (-11%) from 2022

Net Assets

Up

$92,808

Up $16,000 (+21%) from 2022

Liabilities

Down

$0

Down $27,083 (-100%) from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin60th percentile

Revenue

Down

$174,311

Down $43,506 (-20%) from 2022

Expenses

Down

$158,311

Down $55,748 (-26%) from 2022

Net Income

Up

$16,000

Up $12,242 (+326%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$300K$200K$100K$0Assets 2021: $98,356Liabilities 2021: $25,306Net Assets 2021: $73,0502021Assets 2022: $103,891Liabilities 2022: $27,083Net Assets 2022: $76,8082022Assets 2023: $92,808Liabilities 2023: $0Net Assets 2023: $92,8082023Assets 2024: $172,847Liabilities 2024: $0Net Assets 2024: $172,8472024Assets 2025: $265,594Liabilities 2025: $54,691Net Assets 2025: $210,9032025

Highlighted filing

2023

Assets$92,808
Liabilities$0
Net Assets$92,808
Open 2023 Filing

Operations Trend

Revenue Growth25th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2021: $152,217Expenses 2021: $160,856Net Income 2021: -$8,6392021Revenue 2022: $217,817Expenses 2022: $214,059Net Income 2022: $3,7582022Revenue 2023: $174,311Expenses 2023: $158,311Net Income 2023: $16,0002023Revenue 2024: $669,695Expenses 2024: $589,655Net Income 2024: $80,0402024Revenue 2025: $316,737Expenses 2025: $278,681Net Income 2025: $38,0562025

Highlighted filing

2023

Revenue$174,311
Expenses$158,311
Net Income$16,000
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2022 to Mar 31, 2023
Signed
Jan 16, 2024
Return Version
2022v5.0
Gross Receipts
$174,311
Mission and Program Overview

Mission

The mission of New Foundations Development, Inc. is to impact our community by advocating affordable housing and offering quality home improvements without discrimination.

To advance affordable housing opportunities withing Gordon and Bartow Counties in the State of Georgia

Program Services

DescriptionGrantsExpenses
Rehabilitation for low income home owners.$170,042$156,804
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Billie Jean ErwinDirector-$0--
Rhonda MassingillDirector-$0--
Scott ClementsDirector-$0--
Grant WalravenDirector-$0--
Mary Ruth GariganDirector-$0--
Cleo StricklandDirector-$0--
Carol HatchDirector-$0--
Clifford FreeChairman-$0--
Clinton MarshallVice Chair-$0--
Governance and Compliance

Governance Explanations

Form 990-EZ, Part VI, Line 49

“Management Fee to Calhoun Housing Authority”

Filing and Contact Details

Filer

Filer Name
New Foundations Development Inc
EIN
46-2225077
Phone
7066299183
Address
607 Oothcalooga St, Calhoun, GA 30701

Signing Officer

Name
Gary Erwin
Title
Executive Director
Phone
7066299183
Signed
2024-01-16
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part II, Line 24

“Accounts Payable”

Raw XML Appendix195 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Gary Erwin
IRS990EZ/BooksInCareOfDetail/PhoneNum07066299183
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0607 Oothcalooga St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Calhoun
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030701
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt036776
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IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt016000
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IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0156742
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0174311
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/InvestmentIncomeAmt019
IRS990EZ/LandAndBuildingsGrp/BOYAmt067115
IRS990EZ/LandAndBuildingsGrp/EOYAmt067115
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt092808
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt076808
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt092808
IRS990EZ/OccupancyRentUtltsAndMaintAmt01292
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.25
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Billie Jean Erwin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Rhonda Massingill
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Scott Clements
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Grant Walraven
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Mary Ruth Garigan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Cleo Strickland
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Carol Hatch
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Clifford Free
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Clinton Marshall
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Vice Chair
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02940
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To advance affordable housing opportunities withing Gordon and Bartow Counties in the State of Georgia
IRS990EZ/PrintingPublicationsPostageAmt062
IRS990EZ/ProgramServiceRevenueAmt0174292
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Rehabilitation for low income home owners.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0170042
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0156804
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt027083
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0158311
IRS990EZ/TotalProgramServiceExpensesAmt0156804
IRS990EZ/TotalRevenueAmt0174311
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.nfdinc.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0170042
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0214617
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0152217
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0213435
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0750311
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt0750311
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0170042
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0214617
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0152217
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0213435
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0750311
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0170042
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0214617
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0152217
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0213435
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0750311
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Accounts Payable
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Management Fee to Calhoun Housing Authority
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part VI, Line 49
ReasonableCauseExplanation/ExplanationTxt0I usually get reminders for this filing which I rely on, however I did not get any reminders. This is my fault, no other excuses other than due to overloads of work I simply forgot about this. My appologies, and I sincerely request a waiver, or reduction of any penalties as we are a nonprofit with no employees that serves low income, veteran, and minority families repair their dilapidated homes to a livable condition.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Gary Erwin
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07066299183
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW FOUNDATIONS DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWF
ReturnHeader/Filer/EIN0462225077
ReturnHeader/Filer/PhoneNum07066299183
ReturnHeader/Filer/USAddress/AddressLine1Txt0607 Oothcalooga St
ReturnHeader/Filer/USAddress/CityNm0Calhoun
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-01-16T15:09:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-04-01
ReturnHeader/TaxPeriodEndDt02023-03-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$92,808
Liabilities
$0
Net assets
$92,808
Revenue
$174,311
Expenses
$158,311
Net income
$16,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.55$2.11$3.17$2.79$0.38
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$0.00$1.73$6.70$5.90$0.80
2023Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$1.74$1.58$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.27$0.77$2.18$2.14$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.25$0.73$1.52$1.61$0.09