NEWFOUND FAMILIES

EIN: 611516224 501(c)(3)

VIENNA, VA

Total Revenue
$490
Total Expenses
$1,663
Total Assets
$31,919
Net Assets
$31,919
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
VA
Principal Officer
STAN PHILLIPS
Phone
7038912400
Tax Period
2021-07-01 to 2022-06-30

NEWFOUND FAMILIES, founded in 2006, is a small nonprofit that reported $219K in total revenue in fiscal year 2017. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $211K left a modest 4% surplus.

Mission

OFFERING PEER SUPPORT AND CONNECTING ADOPTIVE AND FOSTER FAMILIES WITH RESOURCES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $400
Program Service Revenue $0
Investment Income $90
Other Revenue $0
TOTAL REVENUE $490

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $207
Other Expenses $1,663
TOTAL EXPENSES $1,663

Year-over-Year Comparison

2021 2020 Change
Revenue $490 $41,212 -1.0%
Expenses $1,663 $38,502 -1.0%
Net Income $-1,173 $2,710 -1.4%
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
1
Independent Members
1
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STAN PHILLIPS PRESIDENT N/A
Officer 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
2022 $490 $1,663 $31,919 $-1,173
2021 $41,212 $38,502 $33,481 $2,710
2020 $200,431 $201,933 $38,159 $-1,502
2019 $281,429 $293,391 $-173 $-11,962
2018 $125,337 $119,427 $9,675 $5,910
2018 $219,359 $210,946 $12,178 $8,413
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