New Fairfield Community Foundation

Nonprofit profile at a glance

EIN
061528030
IRS 990-EZ coverage
2023–2023
Forms available
Form 990 2017, Form 990-EZ 2023, Form 990-N 2022
Location
New Fairfield, CT, USA
Phone
2037469833
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Community Foundations

Reported finances

Revenue
$58,760
Expenses
$272,537
Assets
$415,180
Liabilities
$178,392

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • SUZANNE KERNER (DIRECTOR)
  • JOE GARUFI (DIRECTOR)
  • BARBARA LEONHARDT (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

New fairfield community foundation (nfcf) is a 501(c)(3) non-profit, tax-exempt organization supporting communities through charitable means promoting educational, scientific and cultural programs. The foundation operates as a general purpose trust, with few restrictions on proposals considered for grants. Our intention is to inform communities about where help is needed, and connect like-minded donors to significantly raise the impact of each gift.

What it reported doing in 2023

Dog fund ( dog owners group)mission: the purpose of the dog fund is to establish, and support, assist in the creation and ongoing maintenance of a fenced-in, off-leash park where well behaved dogs can exercise in a clean, safe environment without endangering property, wildlife or fellow citizens. In addition the fund plans to provide support should there be any income available, to the new fairfield/ sherman animal welfare and assistance to senior citizens, who through established social services demonstrate a need basis to keep their pets healthy. During 2015 replaced fencing, added trash cans, signage, supplies and paved sidewalk to entrance of dog park.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 26
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -363.8%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 1.52; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.43; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.3% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 7.9% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 4/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.