NEW FOUNDLAND FOUNDATION INCORPORATED

EIN: 462545686 501(c)(3) Religion

SUGAR LAND, TX

Total Revenue
$235,898
Total Expenses
$235,898
Total Assets
$6,075
Net Assets
$6,075
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
TX
Principal Officer
MFON SAMUEL CYRUS DAVID
Phone
7135153851
Tax Period
2024-01-01 to 2024-12-31

NEW FOUNDLAND FOUNDATION INCORPORATED, founded in 2013, is a small nonprofit in the Religion sector that reported $236K in total revenue in fiscal year 2024.

Mission

TO BRING THE DEEPLY SEATED WISDOM OF GOD IN THE BOOK OF PROVERBS TO THE MODERN MAN. TO PROVIDE DAILY INTERCESSORY PRAYERS FOR GOD TO INTERVENE IN THE LIVES OF TYHE PEOPLE OF THE STATE OF TEXAS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $235,883
Program Service Revenue $0
Investment Income $0
Other Revenue $15
TOTAL REVENUE $235,898

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $235,898
TOTAL EXPENSES $235,898

Year-over-Year Comparison

2024 2023 Change
Revenue $235,898 $230,449 +0.0%
Expenses $235,898 $230,449 +0.0%
Net Income $0 N/A N/A
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

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
1
$208,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MFON CYRUS DAVID CHAIR 40
Director Highest
$208,000 $0 $208,000
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
2024 $235,898 $235,898 $6,075 No data
2023 $230,449 $230,449 $6,075 No data
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