New Foundations Home For Children Inc in Anderson, South Carolina (SC)

Organization representatives - add corrected or new information about New Foundations Home For Children Inc »

Non-representatives - add comments about New Foundations Home For Children Inc»

New Foundations Home For Children Inc
Employer Identification Number (EIN)570634724
Name of OrganizationNew Foundations Home For Children Inc
Address2300 Standridge Rd, Anderson, SC 29625-3211
ActivitiesMental health care, Hospital
SubsectionEducational Organization
Ruling Date10/1977
DeductibilityContributions are deductible
FoundationHospital or medical research organization
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$3,193,094
Amount of Income$4,288,576
Form 990 Revenue Amount$4,287,615
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Group Home (Long Term)


Non-representatives - add comments:


CAPTCHA

Your IP address 54.198.17.102 will be logged.

Amount of income in 2014: $4,288,576 (it was $4,125,494 in 2013)
This organization: 

 $4,288,576
Other organizations performing similar types of work: 

 $3,251,536

Assets in 2014: $3,193,094 (it was $2,983,285 in 2013)
New Foundations Home For Children Inc: 

 $3,193,094
Other organizations performing similar types of work: 

 $2,399,213

Expenses in 2013: $4,043,501
This organization: 

 $4,043,501
Other organizations performing similar types of work: 

 $3,307,580

Income to expenses ratio in 2013: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.0

Number of employees in 2013: 155
New Foundations Home For Children Inc: 

 155
Other organizations performing similar types of work: 

 93

Grants share in income in 2013: 3.1%
New Foundations Home For Children Inc: 

 3.1%
Other organizations performing similar types of work: 

 2.6%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?NoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 10961913
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return143155
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$95,433$74,339
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$8,602$4,241
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201120122013
Total revenue$3,175,699$3,631,471$4,125,494
Contributions, Gifts, Grants and Other Similar Amounts$235,976$144,543$128,560
Program Service Revenue$3,003,524$3,478,805$4,025,150
Other Residential Care Facilities $3,478,805$4,025,150
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$5,408$73$4,236
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$4,230$8,050$28,400
Gross rents (Real / Personal)$4,230 / $0$8,050 / $0$28,400 / $0
Less: rental expenses (Real / Personal)$0 / $0$0 / $0$0 / $0
Rental income or (loss) (Real / Personal)$4,230 / $0$8,050 / $0$28,400 / $0
Net gain/loss from sales of assets other than inventory$-73,439$0$-72,745
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0$0 / $0$0 / $183,800
Less: cost or other basis and sales expenses (Securities / Other)$0 / $73,439$0 / $0$0 / $256,545
Gain or (loss) (Securities / Other)$0 / $-73,439$0 / $0$0 / $-72,745
Net income/loss from fundraising events$0$0$1,585
Gross income from fundraising events$0$0$1,585
Less: direct expenses$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$0$0$10,308
0$0$8,640
0$0$1,668
All other revenue$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$3,731,777$3,678,895$4,043,501
Grants and other assistance to domestic organizations and domestic governments$0$0
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$101,701$104,035$78,580
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$1,859,992$2,243,674$2,549,244
Pension plan accruals and contributions$0$0
Other employee benefits$97,373$142,818
Payroll taxes$237,146$241,655$252,835
Fees for services (non-employees)
Management$0$0
Legal$1,017$532
Accounting$25,935$16,990
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$25,725$28,406
Advertising and promotion$0$3,402
Office expenses$46,492$56,054
Information technology$14,773$21,135
Royalties$0$0
Occupancy$195,853$207,748
Travel$94,698$137,124
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$14,136$11,783
Interest$111,923$73,282
Payments to affiliates$0$0
Depreciation, depletion, and amortization$111,187$108,711
Insurance$32,434$36,319
Other expenses$160,338$151,866
Other expenses$57,066$57,390
Other expenses$37,240$47,249
Other expenses$27,560$27,042
Other expenses$35,781$34,991
Balance Sheet
201120122013
Total assets$3,036,271$2,902,617$2,983,285
Cash - non-interest-bearing$111,254$229,297
Savings and temporary cash investments$0$0
Pledges and grants receivable, net$0$28,600
Accounts receivable, net$249,827$302,882
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$146,734
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$3,922$21,856
Land, buildings, and equipment: cost or other basis$2,514,748$2,202,237
Investments - publicly traded securities$22,866$51,679
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$0$0
Total liabilities$1,956,545$1,852,838$1,826,562
Accounts payable and accrued expenses$489,585$294,328
Grants payable$0$0
Deferred revenue$0$0
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$1,931$9,076
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$1,399,356$1,361,322$1,523,158
Unsecured notes and loans payable to unrelated third parties$30,000$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0
Total net assets or fund balances$1,079,726$1,049,779$1,156,723
Unrestricted net assets$1,049,779$1,128,123
Temporarily restricted net assets$0$28,600
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii)
Number of organizations supported0
Sum of amounts of support$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend New Foundations Home For Children Inc to others? (optional)
  
Add photo of New Foundations Home For Children Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
New Birth Apostolic Church in Anderson, SC
****
Latch Key in Piedmont, SC
*
Wild Bunch Motorcycle Club Inc in Pauline, SC
*****
Clover Area Pop Warner in Clover, SC
*
Operation Care Carolina Animal Rescue Effort in Rock Hill, SC
**•
Joann Tillman Ministries in Aiken, SC
*****
Cambridge Houses Inc Of Columbia in Columbia, SC
*****
Easley Soccer Club in Easley, SC
Lower Orangeburg-Upper Dorchester Cdc in Bowman, SC
*****
Malloy Foundation in Cheraw, SC
*****
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Father Flanagans Boys Home, Boys Town14090 Mother Theresa Ln, Boys Town, NE 68010-7552NE1922-01$321,508,566
2Allegheny Valley School1996 Ewings Mill Rd, Coraopolis, PA 15108-3310PA1962-08$127,028,963
3Keystone Service Systems Inc124 Pine St, Harrisburg, PA 17101-1208PA1975-08$120,620,729
4Cal Farleys Boys RanchPO BOX 1890, Amarillo, TX 79174-0001TX1997-03$83,316,001
5Maryville Academy1150 N River Rd, Des Plaines, IL 60016-1214IL1946-03$77,436,425
6Childrens Village IncEcho Hls, Dobbs Ferry, NY 10522NY1926-12$71,438,977
7Independent Group Home Living Program Inc221 N Sunrise Service Rd, Manorville, NY 11949-9604NY1980-08$64,207,990
8Berkshire Farm Center And Services For Youth13640 Route 22, Canaan, NY 12029NY1933-08$50,390,487
9Chimes Inc4815 Seton Dr, Baltimore, MD 21215-3211MD1950-09$46,887,928
10Methodist Childrens Home1111 Herring Ave, Waco, TX 76708-3642TX1942-07$45,089,907
11Bonnie Brae3415 Valley Road, Liberty Corner, NJ 07938NJ1953-12$43,503,307
12Illinois Masonic Home2866 Via Verde St, Springfield, IL 62703-4388IL1939-09$41,096,129
13Open Arms Care Corporation6cadillac Dr Creekside Cr1350, Brentwood, TN 37027TN1989-08$39,081,329
14Buckeye Ranch5665 Hoover Rd, Grove City, OH 43123-9122OH1965-08$37,195,442
15Connie Maxwell Childrens Home810 Maxwell Ave, Greenwood, SC 29646-1934SC1934-08$33,909,806
16Richcroft Inc11350 Mccormick Rd Ste 700, Hunt Valley, MD 21031-1002MD1983-09$28,417,927
17Thornwell Home For Children302 S Broad St, Clinton, SC 29325-2507SC1984-02$8,023,611
18New Foundations Home For Children Inc2300 Standridge Rd, Anderson, SC 29625-3211SC1977-10$4,288,576
19Helping Hands Inc100 John Elliot Ln, Aiken, SC 29801-3612SC1973-12$1,254,404
20Boys Home Of The South Inc10612 Augusta Rd, Belton, SC 29627-9246SC1946-10$944,000
Number of organizations performing similar types of work
Alabama7
Arkansas3
Arizona13
California41
Colorado6
Connecticut12
Delaware2
Florida14
Georgia15
Hawaii1
Iowa1
Idaho2
Illinois10
Indiana10
Kansas7
Kentucky5
Louisiana3
Massachusetts8
Maryland15
Maine5
Michigan21
Minnesota12
Missouri10
Mississippi2
North Carolina11
North Dakota1
Nebraska7
New Hampshire5
New Jersey11
New Mexico3
Nevada3
New York24
Ohio22
Oklahoma5
Oregon7
Pennsylvania20
Rhode Island1
South Carolina7
South Dakota2
Tennessee9
Texas22
Utah4
Virginia8
Vermont3
Washington2
Wisconsin9
West Virginia4
Wyoming2
Total417

faqs.org is not associated with, endorsed by, or sponsored by New Foundations Home For Children Inc and has no official or unofficial affiliation with New Foundations Home For Children Inc