NEW FOUNDATIONS INC (EIN 232610384) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

JOSEPH SMITH

Phone

2152038733

Tax Period

2023-07-01 to 2024-06-30

NEW FOUNDATIONS INC, founded in 1992, is a community nonprofit in the Human Services sector that reported $2.7M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

TO SERVE BOTH FAMILIES AND CHILDREN IN THE EFFORTS OF UNITING WITH ONE ANOTHER AND TO REPRESENT THEM IN THIS PROCESS, TO FOSTER BONDING RELATIONSHIPS BETWEEN CHILDREN AND FAMILY, TO IDENTIFY AND ELIMINATE BARRIERS THAT KEEP CHILDREN AND FAMILIES APART, AND TO WORK TOGETHER WITH COUNTY AGENCIES TO SHORTEN THE TIME CHILDREN AND FAMILIES ARE INVOLVED IN THE CHILD WELFARE SYSTEM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,680,816

Investment Income $28,331

Other Revenue $-5,485

TOTAL REVENUE $2,703,662

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,034,906

Fundraising Expenses $0

Program Expenses $2,469,475

Other Expenses $1,622,199

TOTAL EXPENSES $2,657,105

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,703,662	$2,929,800	-0.1%
Expenses	$2,657,105	$2,772,342	0.0%
Net Income	$46,557	$157,458	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSE CABALLOS	MEMBER	1.00	Director	$0	$0	$0
KATHRYN MONCADO	SEC/TRES	1.00	Director	$0	$0	$0
JOSEPH SMITH	PRESIDENT	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$2,703,662	$2,657,105	$2,988,679	$46,557
2023	$2,929,800	$2,772,342	$2,906,089	$157,458
2022	$3,118,457	$2,944,286	$2,829,360	$174,171
2021	$3,494,474	$3,028,624	$2,884,063	$465,850
2020	$3,142,049	$2,955,748	$2,424,780	$186,301
2019	$3,148,930	$2,951,516	$2,457,934	$197,414
2018	$2,536,147	$2,628,767	$2,313,826	$-92,620

NEW FOUNDATIONS INC