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The Neighborhood Network Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043396667 ✦ Dorchester, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Neighborhood Network Center Inc?

The Neighborhood Network Center Inc, situated in Dorchester, Massachusetts, is a dedicated nonprofit organization. Its primary mission revolves around operating a job training and educational center, catering to low-income families. By providing various courses, this center aims to empower individuals to enhance their self-sufficiency skills, thereby improving their quality of life.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52% (One-Star out of Four Stars)

The Neighborhood Network Center Inc has received a low overall rating of 52% from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. While the organization has a fully independent board and maintains proper documentation of board meeting minutes, it falls short in key areas such as financial statements and vital policies, such as conflict of interest and whistleblower protections.

Strengths of the organization include a high program expense ratio of 85.20%, suggesting that a considerable portion of its resources is dedicated to its programs. However, the lack of financial documentation raises questions about the organization's fiscal health, reflected in a liabilities to assets ratio of 196.35%, which may indicate potential financial instability.

Overall, while The Neighborhood Network Center Inc demonstrates some positive aspects in governance, the absence of crucial financial information and policies may limit its credibility and effectiveness in achieving its mission. Potential donors and supporters should consider these factors carefully when evaluating the organization.


This AI summary has been generated from information found on Charity Navigator.

Is The Neighborhood Network Center Inc legitimate?

The Neighborhood Network Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Neighborhood Network Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $249,127

For more financial information, click here

What is the mission statement of The Neighborhood Network Center Inc?

The Neighborhood Network Center Inc's mission is centered around operating a job training and educational center, aiming to assist low-income families in improving their quality of life. This is achieved by providing courses to help develop self-sufficiency skills. The organization's activities are geared towards empowering these families, enabling them to become more independent and lead better lives.

Who is the CEO of The Neighborhood Network Center Inc?

Patricia Farr is the President of The Neighborhood Network Center Inc.

What is the revenue of The Neighborhood Network Center Inc?

The Neighborhood Network Center Inc's revenue in 2022 was $731,394.

Who are the executives of The Neighborhood Network Center Inc and what are their salaries?


Here are 4 key members and their salaries:


John Strodder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Harper (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Farr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Otis Gates (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Neighborhood Network Center Inc?

The Neighborhood Network Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Neighborhood Network Center Inc

The Neighborhood Network Center Inc is dedicated to uplifting low-income families by operating a job training and educational center. Their mission involves offering courses that help these families enhance their livelihoods, ultimately fostering self-sufficiency skills. Through this center, individuals can acquire the necessary tools to improve their quality of life and break the cycle of poverty.

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Impact




July, 2024

The Neighborhood Network Center Inc's impact lies in its operation of a job training and educational center, offering courses to help low-income families improve their quality of life by developing self-sufficiency skills. Through this initiative, the organization is making a tangible difference in the community by empowering individuals to enhance their employment prospects and overall well-being.




This information is meant to be a general summary of The Neighborhood Network Center 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.

Revenue
$731,394 (2022)
Expenses
$557,545 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $731,394

Assets and Liabilities:

  • Total Assets: $385,445
  • Total Liabilities: $756,823
  • Net Assets: -$371,378

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Organization Details

Founding Year

1997

Principal Officer

Patricia Farr

Main Address

530 WARREN STREET, Dorchester, MA, 02121

NTEE Category

Code: J20 - Employment

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