Overview
What is New Roots Foundation Inc?
New Roots Foundation Inc is a nonprofit organization that is committed to preserving a distinctive geological region in Guatemala. Their primary objective is to educate the local community and foster the growth of sustainable agricultural practices. To accomplish these goals, they primarily distribute grants. In the year 2022, they disbursed funds to various entities, including two foreign organizations, five foreign individuals, and one individual based in the United States. Additionally, they support the development of a visual arts center within their mission.
Official website here: www.newrootsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
New Roots Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. The overall score reflects a strong performance in several key areas, particularly in governance, where the organization boasts a fully independent board and has no material diversion of assets. The high program expense ratio of 98.60% suggests that the majority of resources are directed towards their programs.
Despite these strengths, the organization does face some limitations. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy indicates areas for improvement in governance practices. These missing policies could impact transparency and accountability, which are essential for building trust with stakeholders.
Overall, while New Roots Foundation Inc demonstrates a strong commitment to programmatic spending and has a solid board structure, addressing the noted governance gaps could enhance their operational effectiveness and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is New Roots Foundation Inc legitimate?
New Roots Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Roots Foundation Inc submitted a form 990EZ, 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.
Official website here: www.newrootsfoundation.org
What is the mission statement of New Roots Foundation Inc?
The New Roots Foundation's mission is centered around preserving a distinctive geological area in an unspecified location, promoting education among the local community, and facilitating the development of sustainable agricultural practices. Additionally, the organization supports the establishment of a visual arts center. They primarily accomplish these objectives by providing financial aid to various organizations and individuals, both locally and internationally. In 2022, they disbursed grants to six beneficiaries, including two foreign organizations and five individuals from abroad, as well as one domestic recipient.
Official website here: www.newrootsfoundation.org
Who is the CEO of New Roots Foundation Inc?
Mitchell Denburg is the President of New Roots Foundation Inc.
Official website here: www.newrootsfoundation.org
What is the revenue of New Roots Foundation Inc?
New Roots Foundation Inc's revenue in 2022 was $162,474.
Official website here: www.newrootsfoundation.org
Who are the executives of New Roots Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.newrootsfoundation.org
Where can I find the form 990EZ for New Roots Foundation Inc?
New Roots Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.newrootsfoundation.org
Learn more at the official website: www.newrootsfoundation.org
Mission Statement of New Roots Foundation Inc
The New Roots Foundation is a dedicated organization with a mission to safeguard a distinctive geological region in Guatemala. It seeks to enlighten the local community and foster the growth of sustainable agricultural practices and a visual arts center. The foundation accomplishes its objectives mainly by granting funds to various organizations and individuals, both domestically and internationally, in 2022. By providing these grants, the New Roots Foundation plays a crucial role in preserving the environment and promoting community development in Guatemala.
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Impact
October, 2024
New Roots Foundation Inc significantly contributes to the preservation of a unique geological area in Guatemala, focusing on both environmental conservation and community education. By supporting the development of agricultural alternatives, the organization fosters sustainable practices that benefit local farmers and their communities. Additionally, its commitment to establishing a visual arts center enriches cultural expression and provides opportunities for local artists.
In 2022, the foundation made tangible strides in achieving its mission by providing grants to various organizations and individuals. This ensured that resources were directed towards impactful projects that align with its goals of education and sustainability. The foundation's efforts not only promote the ecological health of the region but also empower the local populace by enhancing their skills and fostering economic diversification. Through these initiatives, New Roots Foundation Inc enhances the livelihoods of individuals while preserving the distinctive natural heritage of Guatemala.
This information is meant to be a general summary of New Roots Foundation 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.
- Gross Receipts: $162,474
Assets and Liabilities:
- Total Assets: $15,691
- Total Liabilities: $2,250
- Net Assets: $13,441
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Organization Details
Phone
(561) 274-3611Principal Officer
Mitchell Denburg
Main Address
217 NE 4TH AVENUE, DELRAY BEACH, FL, 33483
Website
www.newrootsfoundation.orgNTEE Category
Code: K25 - Food
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