THE NEWTOWN FOUNDATION INC

EIN: 462483740 501(c)(3) Philanthropy & Grantmaking

NEWTOWN, CT

Total Revenue
$70,174
Total Expenses
$53,732
Total Assets
$81,986
Net Assets
$81,986
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
CT
Principal Officer
CHRISTINE HAITZ
Phone
2034910366
Tax Period
2019-01-01 to 2019-12-31

THE NEWTOWN FOUNDATION INC, founded in 2013, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $70K in total revenue in fiscal year 2019. Revenue fell 66% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $16K, a strong 23% operating margin.

Mission

THE NEWTOWN FOUNDATION SUPPORTS FAMILIES AND SURVIVORS DIRECTLY IMPACTED BY GUN VIOLENCE AND WORKS WITH ALLIES IN THE GUN VIOLENCE PREVENTION MOVEMENT FROM URBAN, SUBURBAN, AND RURAL COMMUNITIES. TNF WORKS TO UNITE THE GUN VIOLENCE PREVENTION MOVEMENT TO CHANGE THE CONVERSATION AND CHANGE THE CULTURE TO END GUN VIOLENCE IN AMERICA THROUGH EDUCATIONAL AND CULTURAL PROGRAMS THAT HONOR THE VICTIMS AND PROVIDE SUPPORT FOR THE FAMILIES, SURVIVORS AND COMMUNITIES IMPACTED BY ALL FORMS OF GUN VIOLENCE IN THE UNITED STATES.

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Trantor Score

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

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

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $69,206
Program Service Revenue $0
Investment Income $0
Other Revenue $968
TOTAL REVENUE $70,174

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $51,477
Other Expenses $53,732
TOTAL EXPENSES $53,732

Year-over-Year Comparison

2019 2018 Change
Revenue $70,174 $204,951 -0.7%
Expenses $53,732 $198,742 -0.7%
Net Income $16,442 $6,209 +1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PO MURRAY CHAIRWOMAN 25.00
Officer Director
$0 $0 $0
DAVID STOWE VICE CHAIRMAN 2.50
Officer Director
$0 $0 $0
CHRISTINE HAITZ TREASURER 10.00
Officer Director
$0 $0 $0
HELEN BRICKFIELD SECRETARY 2.00
Officer Director
$0 $0 $0
CAROL WAKEMAN BOARD MEMBER 4.00
Director
$0 $0 $0
STEVE YANOVSKY COMMUNICATIONS DIRECTOR 7.50
Director
$0 $0 $0
MARK FRANKLIN LEGAL COUNSEL 2.50
Director
$0 $0 $0
TOM CAMPBELL BOARD MEMBER 7.50
Director
$0 $0 $0
GINA MCDADE BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER SMITH PROJECT MANAGER 2.50
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
2019 $70,174 $53,732 $81,986 $16,442
2018 $204,951 $198,742 $65,544 $6,209
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