Nonprofit · EIN 45-1957153
NEW FOUND COMMUNITY FOUNDATION INC
Tax-exempt · ATLANTA, GA 30328
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,779,218 | $1,246,254 | $1,532,964 | $63,423,364 | $0 | $63,423,364 |
| December 31, 2023 | 990 | $2,534,954 | $2,486,422 | $48,532 | $59,558,173 | $0 | $59,558,173 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $2,779,218
- Net gain from sales of assets
- $1,067,282
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,008,783
- Compensation of officers, directors and key employees
- $4,500
- Salaries, compensation and benefits (total)
- $4,500
- Professional fundraising fees
- $0
- Legal fees
- $7,037
- Occupancy
- $26,111
- Travel
- $600
- Program services (functional)
- $1,056,664
- Management and general (functional)
- $189,590
Balance sheet and other
- Total assets, start of year
- $59,558,173
- Total assets, end of year
- $63,423,364
- Total liabilities, end of year
- $0
- Net assets, end of year
- $63,423,364
- Publicly traded securities
- $50,649,934
- Net assets without donor restrictions
- $63,423,364
- Gross receipts
- $2,779,218
- Employees
- 0
- Year formed
- 2011
- State of legal domicile
- GA
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM R BURKE | SEC/TREAS/DI Trustee or director, Officer | 5 | $900 |
| HERMAN BROOKINS | CHRM/DIRECTO Trustee or director, Officer | 1 | $900 |
| DIANE THOMAS | Director Trustee or director | 0 | $900 |
| KEITH PENDERGRASS | Director Trustee or director | 0 | $900 |
| DOUGLAS E FAIRCLOTH | Director Trustee or director | 0 | $900 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM R BURKE | SEC/TREAS/DI Trustee or director, Officer | 5 | $850 |
| HERMAN BROOKINS | CHRM/DIRECTO Trustee or director, Officer | 1 | $850 |
| DIANE THOMAS | DIRECTOR Trustee or director | 0 | $850 |
| KEITH PENDERGRASS | DIRECTOR Trustee or director | 0 | $850 |
| DOUGLAS E FAIRCLOTH | DIRECTOR Trustee or director | 0 | $850 |
Address and contacts
- Address (IRS master file)
- 6100 LAKE FORREST DR STE 300, ATLANTA, GA 30328-3836
- In care of
- % HOFFMAN & ASSOCIATES
- Principal officer (990 for 2024)
- WILLIAM R BURKE, 600 WEST SHOTWELL STREET, BAINBRIDGE, GA 39819
- Signed the 990
- WILLIAM R BURKE, SEC/TREAS/DI
- Phone
- (404) 255-7400
- Return prepared by
- HOFFMAN & ASSOCIATES ATTORNEYS-AT-LAW LLC
Mission
TO BENEFIT THE RESIDENTS OF SEMINOLE COUNTY, GEORGIA, AND ITS SURROUNDING REGION BY PROVIDING MUCH NEEDED FUNDS IN A MANNER THAT WILL INCREASE THE HEALTH AND WELFARE OF THE COMMUNITY.
Program accomplishments
- PAID INDIGENT CARE HEALTHCARE EXPENSES OF THOSE PERSONS BELOW POVERTY LEVEL.Expenses $1,056,664 · grants $1,008,783
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-1957153
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E12)
- Assets (IRS master file)
- $63,423,364
- Income (IRS master file)
- $2,779,218
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,779,218 | $1,246,254 | $63,423,364 | XML |
| 990 | December 2023 | $2,534,954 | $2,486,422 | $59,558,173 | XML |
| 990 | December 2022 | $1,900,207 | $1,055,931 | $53,927,938 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 45-1957153).
Questions about NEW FOUND COMMUNITY FOUNDATION INC
- What is the EIN of NEW FOUND COMMUNITY FOUNDATION INC?
- The employer identification number (EIN) of NEW FOUND COMMUNITY FOUNDATION INC is 45-1957153.
- Is NEW FOUND COMMUNITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to NEW FOUND COMMUNITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW FOUND COMMUNITY FOUNDATION 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 FOUND COMMUNITY FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW FOUND COMMUNITY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEW FOUND COMMUNITY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names WILLIAM R BURKE.
- Who are the officers and directors of NEW FOUND COMMUNITY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 5 received compensation from the organization, the highest $900 (WILLIAM R BURKE, SEC/TREAS/DI).
- How much revenue does NEW FOUND COMMUNITY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,779,218, expenses of $1,246,254 and total assets of $63,423,364 at year end.
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