Mission
To advance affordable housing opportunities within Gordon and Bartow Counties in the State of Georgia
Public Charity
NEW FOUNDATIONS DEVELOPMENT INC
NEW FOUNDATIONS DEVELOPMENT INC, of Calhoun, GA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2026 filing shows $319K in revenue, $269K in expenses, $261K in total assets. 6 publicly reported grants to this organization, totaling roughly $148K, appear in IRS filings.
EIN: 462225077
Calhoun, GA
Home Improvement & Repairs
NTEE: L81
Latest filing: 2026
Total Revenue$319K
Total Expenses$269K
Total Assets$261K
Grant Records6
Funding Total$148K
Filing Years2022–2026
Where $100 goes at New Foundations Development Inc
How New Foundations Development Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$99
Programs
the work itself
$1
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 $99 for programs
$99
Rehabilitation of homes for low income home owners
Source: Form 990 filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
STIPEND/GRANT
$39,564
PROJECT DEVELOPMENT
$5,650
PROJECT DEVELOPMENT
$22,600
PROJECT DEVELOPMENT
$20,000
PROJECT DEVELOPMENT
$6,000
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
Director
Carol Hatch
Director
Cleo Strickland
Director
Grant Walraven
Director
Judy Peterson
Director
Laura Braddy
Director
Martha Simms
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2026 | $319K | $269K | $261K |
| 2025 | $317K | $279K | $266K |
| 2024 | $670K | $590K | $173K |
| 2023 | $174K | $158K | $93K |
| 2022 | $218K | $214K | $104K |
Between 2022 and 2026, reported annual revenue grew from $218K to $319K (+47%), with total assets most recently reported at $261K.
Interactive year-over-year charts and full filing details available with membership.