Overview
What is New Futures Inc?
New Futures Inc, a nonprofit organization based in Concord, New Hampshire, focuses on advocating for the health and wellbeing of all New Hampshire residents. Established with a core mission in substance use and behavioral health, their areas of policy include alcohol and drug regulation, prevention, treatment, and recovery. They strive to strengthen individual advocacy for policy related to these issues through training sessions on the state's legislative process and effective interaction with policymakers. In 2022, over 591 individuals and 31 organizations were trained across their programs. As a nonpartisan organization, New Futures aims to bring about policy change for the betterment of all New Hampshire residents.
Official website here: www.new-futures.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
New Futures Inc has achieved a Four-Star rating from Charity Navigator, reflecting an impressive level of accountability and financial health. The organization's score is based entirely on its Accountability & Finance metrics, which earned a remarkable 96%. Strong governance is highlighted by having a fully independent board and robust financial oversight, showcasing a commitment to transparency and ethical management.
The organization demonstrates excellent financial management practices, with a program expense ratio of 91.42%, indicating that a significant portion of its resources is directed towards its mission. Additionally, its fundraising efficiency is stellar, with no fundraising expenses reported, allowing more funds to be allocated to programmatic efforts. The organization maintains a healthy working capital ratio, ensuring stability and the ability to fulfill its commitments.
Despite its outstanding performance in accountability and financial metrics, the summary does not provide insights into the organization's specific programs or outcomes. While fiscal responsibility is crucial, potential donors and beneficiaries may also want to consider the impact and reach of New Futures Inc's initiatives for a more comprehensive understanding of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is New Futures Inc legitimate?
New Futures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Futures Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $144,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $947,493
For more financial information, click here
Official website here: www.new-futures.org
What is the mission statement of New Futures Inc?
New Futures Inc is a nonpartisan, nonprofit organization that works towards improving the health and wellness of individuals through policy change. Specifically, they focus on alcohol and drug regulation, substance use prevention, treatment, and recovery, aiming to increase the capacity of individuals to advocate for policy related to substance use and behavioral health. The organization conducts advocacy trainings on the legislative process and effective interaction with policymakers, providing these resources at little to no cost to residents, community leaders, and other nonprofit organizations. In 2022, over 591 individuals and 31 organizations were trained across New Futures programs.
Official website here: www.new-futures.org
Who is the CEO of New Futures Inc?
Michele D Merritt is the Board Chair of New Futures Inc.
Official website here: www.new-futures.org
What is the revenue of New Futures Inc?
New Futures Inc's revenue in 2022 was $2,717,782.
Official website here: www.new-futures.org
Who are the executives of New Futures Inc and what are their salaries?
The average compensation at New Futures Inc during 2022 was $57,447. There are 19 employees and 70 volunteers at New Futures Inc.
Here are 17 key members and their salaries:
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Official website here: www.new-futures.org
Where can I find the form 990 for New Futures Inc?
New Futures Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.new-futures.org
Learn more at the official website: www.new-futures.org
Mission Statement of New Futures Inc
New Futures Inc, a nonpartisan, nonprofit organization, is committed to improving the health and wellness of all New Hampshire residents through policy change. The mission of this organization lies in advocating, educating, and collaborating to bring about positive change in substance use prevention, treatment, and recovery.
At the heart of New Futures Inc's work are the original focus areas the organization was founded on. This includes a significant focus on alcohol and other drug regulation, aiming to create a safer environment for New Hampshire residents. The organization also seeks to empower individuals to advocate for policy related to substance use and behavioral health.
In addition to advocacy, New Futures Inc conducts training programs on New Hampshire's legislative process and effective interaction with policymakers. These training programs are widely available to residents, community leaders, and other nonprofit organizations, often at little to no cost. In 2022 alone, 591 individuals and 31 organizations were trained across New Futures programs. This demonstrates the organization's commitment to equipping the community with the knowledge and skills necessary to bring about meaningful change.
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Impact
June, 2024
New Futures Inc's impact is significant in advocating, educating, and collaborating to improve the health and wellness of all New Hampshire residents through policy change. They focus on key areas such as alcohol and other drug regulation, substance use prevention, treatment, and recovery. By increasing individuals' capacity to advocate for policy related to substance use and behavioral health, New Futures Inc empowers the community to drive meaningful change. Through advocacy trainings on New Hampshire's legislative process and effective interactions with policymakers, they equip residents, community leaders, and organizations with the tools to make a difference. In 2022 alone, 591 individuals and 31 organizations were trained across New Futures programs, showcasing the tangible impact they have in building a healthier and more supportive environment for New Hampshire residents.
This information is meant to be a general summary of New Futures Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,299
- Program Service Revenue: $168,710
- Gross Receipts: $2,717,782
Assets and Liabilities:
- Total Assets: $4,194,166
- Total Liabilities: $1,799,866
- Net Assets: $2,394,300
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHARED SERVICES INCOME
Revenue
$142,524
ADMIN FEE INCOME
Revenue
$26,186
Organization Details
Founding Year
2001
Phone
(603) 225-9540Principal Officer
Michele D Merritt
Main Address
100 NORTH MAIN STREET SUITE 400, CONCORD, NH, 03301
Website
www.new-futures.orgNTEE Category
Code: F21 - Mental health
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