Nonprofit · EIN 06-1207406
NEW FOUNDATIONS INC
Tax-exempt · WOLCOTT, CT 06716
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,409,628 | $3,311,458 | $98,170 | $2,499,878 | $2,399,579 | $100,299 |
| June 30, 2024 | 990 | $3,206,544 | $3,190,949 | $15,595 | $2,576,310 | $2,574,480 | $1,830 |
| June 30, 2023 | 990 | $2,982,965 | $3,031,517 | -$48,552 | $2,384,207 | $2,397,058 | -$12,851 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $75,967
- Program service revenue
- $3,310,068
- Investment income
- $15,736
- Other revenue
- $7,857
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $207,256
- Other salaries and wages
- $1,986,757
- Salaries, compensation and benefits (total)
- $2,540,762
- Professional fundraising fees
- $0
- Occupancy
- $126,293
- Travel
- $38,724
- Depreciation
- $111,794
- Program services (functional)
- $2,841,770
- Management and general (functional)
- $469,688
Balance sheet and other
- Total assets, start of year
- $2,576,310
- Total assets, end of year
- $2,499,878
- Total liabilities, end of year
- $2,399,579
- Net assets, end of year
- $100,299
- Land, buildings and equipment
- $1,455,144
- Publicly traded securities
- $7,542
- Net assets without donor restrictions
- $100,299
- Gross receipts
- $3,409,628
- Employees
- 65
- Volunteers
- 4
- Year formed
- 1987
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SANDRA VINCENZO | EXECUTIVE DI Officer | 40 | $96,691 | $30,314 |
| DONNA BUCK | FISCAL AFFAI Officer | 40 | $83,553 | $2,128 |
| MIKE HALAGAN | BOARD PRESID Trustee or director, Officer | 0.5 | $0 | $0 |
| MIKE GACEK | BOARD SECRET Trustee or director, Officer | 0.5 | $0 | $0 |
| MICHAEL CARLSON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| TODD BURTON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Sandra Vincenzo | Executive Director Officer | 40 | $94,300 | $12,677 |
| Donna Buck | Fiscal Affairs Administrator Officer | 40 | $76,826 | $1,797 |
| Mike Halagan | Board President Trustee or director, Officer | 0.5 | $0 | $0 |
| Mike Gacek | Board Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
| Michael Carlson | Board Member Trustee or director | 0.5 | $0 | $0 |
| Todd Burton | Board Member Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Sandra Vincenzo | Executive Director Officer | 40 | $88,531 | $10,903 |
| Donna Buck | Fiscal Affairs Administrator Officer | 40 | $74,360 | $1,783 |
| Mike Halagan | Board President Trustee or director, Officer | 0.5 | $0 | $0 |
| Mike Gacek | Board Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
| Michael Carlson | Board Member Trustee or director | 0.5 | $0 | $0 |
| Todd Burton | Board Member Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1776 MERIDEN ROAD, WOLCOTT, CT 06716-3341
- In care of
- % SANDRA VINCENZO
- Principal officer (990 for 2024)
- SANDRA VINCENZO
- Signed the 990
- SANDRA VINCENZO, EXECUTIVE DIRECTOR
- Phone
- (203) 879-4631
- Website
- WWW.NEWFOUNDATIONSCT.COM
- Return prepared by
- APICELLA TESTA & COMPANY PC
Mission
NEW FOUNDATIONS, INC. PROVIDES RESIDENTIAL FACILITIES, SUPPORTED LIVING PROGRAMS, AND VOCATIONAL SUPPORTS FOR INDIVIDUALS WITH SPECIAL NEEDS WHO ARE LOCATED THROUGHOUT THE STATE OF CONNECTICUT.
Program accomplishments
- COMMUNITY LIVING ARRANGEMENTS - GIVES DEVELOPMENTALLY DISABLED INDIVIDUALS A HOME IN THE COMMUNITY WHERE THEY CAN LEARN AND ACQUIRE NEW SKILLS, DEVELOP THEIR POTENTIAL ABILITIES AND BE PART OF THEIR COMMUNITY. THEY RECEIVE HEALTH AND BEHAVIORAL SUPPORT IN A 24-HOUR SUPERVISED ENVIRONMENT.Expenses $2,751,660 · revenue $3,202,848
- INDIVIDUALIZED DAY SERVICES - THE ORGANIZATION ASSISTS RESIDENTS IN A HOME ENVIRONMENT TEACHING VOCATIONAL/NON-VOCATIONAL SKILLS.Expenses $90,110 · revenue $107,220
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 06-1207406
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P730)
- Assets (IRS master file)
- $2,499,878
- Income (IRS master file)
- $3,409,628
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,409,628 | $3,311,458 | $2,499,878 | XML |
| 990 | June 2024 | $3,206,544 | $3,190,949 | $2,576,310 | XML |
| 990 | June 2023 | $2,982,965 | $3,031,517 | $2,384,207 | XML |
| 990 | June 2022 | $2,865,149 | $2,874,735 | $1,984,728 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1207406).
Questions about NEW FOUNDATIONS INC
- What is the EIN of NEW FOUNDATIONS INC?
- The employer identification number (EIN) of NEW FOUNDATIONS INC is 06-1207406.
- Is NEW FOUNDATIONS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to NEW FOUNDATIONS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW FOUNDATIONS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW FOUNDATIONS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW FOUNDATIONS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW FOUNDATIONS INC?
- The 990 for the year ended June 30, 2025 names SANDRA VINCENZO.
- Who are the officers and directors of NEW FOUNDATIONS INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $96,691 (SANDRA VINCENZO, EXECUTIVE DI).
- How much revenue does NEW FOUNDATIONS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,409,628, expenses of $3,311,458 and total assets of $2,499,878 at year end.
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