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.
Public Charity
NEW FOUNDATIONS INC
Based in WOLCOTT, CT, NEW FOUNDATIONS INC operates as a Public Charity. The organization reported $3.4M in revenue, $3.3M in expenses, $2.5M in total assets for fiscal year 2025.
EIN: 061207406
WOLCOTT, CT
Group Homes
NTEE: P73
Latest filing: 2025
Total Revenue$3.4M
Total Expenses$3.3M
Total Assets$2.5M
Grant Records0
Filing Years2021–2025
Where $100 goes at New Foundations Inc
How New Foundations Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$86
Programs
the work itself
$14
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $86 for programs
$83
Community living arrangements
$3
Individualized day services
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
FISCAL AFFAI
Donna Buck
BOARD MEMBER
Michael Carlson
BOARD SECRET
Mike Gacek
BOARD PRESID
Mike Halagan
EXECUTIVE DI
Sandra Vincenzo
BOARD MEMBER
Todd Burton
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $3.4M | $3.3M | $2.5M |
| 2024 | $3.2M | $3.2M | $2.6M |
| 2023 | $3.0M | $3.0M | $2.4M |
| 2022 | $2.9M | $2.9M | $2.0M |
| 2021 | $3.2M | $2.8M | $2.2M |
Between 2021 and 2025, reported annual revenue grew from $3.2M to $3.4M (+8%), with total assets most recently reported at $2.5M.
Interactive year-over-year charts and full filing details available with membership.