New Foundland Foundation is located in Sugar Land, TX. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Foundland Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, New Foundland Foundation generated $230.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 46.3% each year . All expenses for the organization totaled $230.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BRING THE DEEPLY SEATED WISDOM OF GOD IN THE BOOK OF PROVERBS TO THE MODERN MAN. TO PROVIDE DAILY INTERCESSORY PRAYERS FOR GOD TO INTERVENE IN THE LIVES OF TYHE PEOPLE OF THE STATE OF TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATIONS MANAGEMENT: OUR OUTREACH IS LARGELY WEB BASED AND OUR WEBSITE PROVIDES THE MAIN OUTLET TO OUR BENEFICIARIES. EFFORT EXPENDED 12 MAN HOURS, NUMBEROUS PERIODICALS PLACED AND 2 MAJOR REVISIONS.
THE INTERCESSORY PROGRAM: OUR DAILY INTERCESSORY PRAYERS ARE FOR GOD TO INTERVENE IN THE LIVES OF THE PEOPLE OF TEXAS; THE NATION AS A WHOLE; AND THE WORLD AT LARGE. WE EXPAND 2 HOURS DAILY, YEAR ROUND, AND IT IS ESTIMATED THAT WE IMPACT THE LIVES OF MILLIONS OF PEOPLE WITHIN AND OUTSIDE THE UNITED STATES. THE QUARTERLY WATCHING AND WAITING INVOLVES A MONTH LONG PRAYER AND FASTING PERIOD FOR EACH OF THE THREE QUARTERS OF THE YEAR. IT IS ESTIMATED TO IMPACT THE NATION, OTHER COUNTRIES, AND MILLIONS OF PEOPLE, TREMENDOUSLY.
DEVELOPING THE WALK THROUGH THE PROVERBS SERIES POJECT WITH THE OBJECTIVE TO BRING THE DEEPLY SEATED WISDOM OF GOD IN THE BOOK OF PROVERBS TO THE MODERN MAN. THE 4 VOLUMES ARE AS FOLLOWS: VOLUME 1 WISDOM (124) PAGES
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $230,449 |
Noncash contributions included in lines 1a–1f | $182,347 |
Total Revenue from Contributions, Gifts, Grants & Similar | $230,449 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $230,449 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $48,102 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $182,347 |
Total functional expenses | $230,449 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,075 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,075 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $6,075 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,075 |