New Foundations Transitional Living
EIN: 452211778 · Cincinnati, OH · NTEE: L41
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $980K |
| Net Assets | $-1,010 |
Is New Foundations Transitional Living Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Foundations Transitional Living
New Foundations Transitional Living (EIN: 452211778) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code L41. The organization reported total revenue of $1.0M and total assets of $312K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Foundations Transitional Living's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Foundations Transitional Living is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2016–2020). Revenue has grown at a compound annual rate of 18.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $980K |
| Surplus / Deficit | +$41K |
| Total Assets | $312K |
| Total Liabilities | $313K |
| Net Assets | $-1,010 |
| Operating Margin | 4.0% |
| Debt-to-Asset Ratio | 100.3% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2020, New Foundations Transitional Living reported a surplus of $41K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 100.3% (high leverage).
Financial Trends
Over 5 years of filings (2016–2020), New Foundations Transitional Living's revenue has grown at a compound annual growth rate (CAGR) of 18.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +35.8% | +38.2% | +161.1% |
| 2019 | +0.0% | +0.0% | +55.9% |
| 2018 | -7.8% | -9.5% | +126.8% |
| 2017 | +55.4% | +40.2% | -74.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2026 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Foundations Transitional Living has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Foundations Transitional Living with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.3%.
Frequently Asked Questions about New Foundations Transitional Living
Is New Foundations Transitional Living a legitimate charity?
New Foundations Transitional Living (EIN: 452211778) is a registered tax-exempt nonprofit based in Ohio. It has 5 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: A.
How does New Foundations Transitional Living spend its money?
New Foundations Transitional Living reported $1.0M in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Foundations Transitional Living tax-deductible?
New Foundations Transitional Living is registered as a tax-exempt nonprofit (EIN: 452211778). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Foundations Transitional Living located?
New Foundations Transitional Living is headquartered in Cincinnati, Ohio and files with the IRS under EIN 452211778. It is classified under NTEE code L41.
How many years of IRS 990 filings does New Foundations Transitional Living have?
New Foundations Transitional Living has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.0M in total revenue.
Filing History
IRS 990 filing history for New Foundations Transitional Living showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2016–2020), New Foundations Transitional Living's revenue has grown by 94.5%, moving from $525K to $1.0M. Total assets increased by 136.4% over the same period, from $132K to $312K. Total functional expenses rose by 75.4%, from $559K to $980K. In its most recent filing year (2020), New Foundations Transitional Living reported a surplus of $41K, with revenue exceeding expenses. The organization holds $313K in liabilities against $312K in assets (debt-to-asset ratio: 100.3%), resulting in net assets of $-1,010.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $1.0M | $980K | $312K | $313K | — | — |
| 2019 | $752K | $709K | $119K | $0 | — | View 990 |
| 2018 | $752K | $709K | $77K | $0 | — | View 990 |
| 2017 | $815K | $783K | $34K | $0 | — | View 990 |
| 2016 | $525K | $559K | $132K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $1.0M, expenses of $980K, and assets of $312K (revenue +35.8% year-over-year).
- 2019: Revenue of $752K, expenses of $709K, and assets of $119K (revenue +0.0% year-over-year).
- 2018: Revenue of $752K, expenses of $709K, and assets of $77K (revenue -7.8% year-over-year).
- 2017: Revenue of $815K, expenses of $783K, and assets of $34K (revenue +55.4% year-over-year).
- 2016: Revenue of $525K, expenses of $559K, and assets of $132K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Foundations Transitional Living:
Data Sources and Methodology
This transparency report for New Foundations Transitional Living is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.