CSCharityScored
82

New Foundations Inc

Human Services · Wolcott, Connecticut

1776 Meriden Road, Wolcott, CT 06716-3341

EIN: 061207406· Founded: May 1988· 38 years active· Filing Year: 2023

Annual Revenue

$3.0M

Total Expenses

$3.0M

Total Assets

$2.4M

Program Spending

97%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$184K

6.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.8M

Total Payroll

$2.0M

67% of total expenses

Where the Money Goes

97%
Programs: 97%
Payroll: 67%
Other overhead: 3%
Program Revenue$2.9M (99%)
Total Expenses$3.0M (100%)
Payroll$2.0M (67%)
Overhead (non-program)3%

Trust Score Breakdown

Program Spending Ratio

97% of expenses go to programs

40%

Revenue & Stability

$3.0M annual revenue

15%

Executive Compensation

$184K total officer comp (6.1% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$2.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.