Overview
What is Lockport New Beginnings?
Lockport New Beginnings is a nonprofit organization situated in Lockport, New York. Their primary goal is to support local youth by offering after-school programs, mentoring, and activities. They have shown remarkable success in their initiatives, as evident in a successful fundraising walk and a dinner event that resulted in awarding two scholarships. The organization's impact is measured by the achievements of the youth who participate in its programs, ensuring they reach their full potential.
Official website here: www.lockportnewbeginnings.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
Lockport New Beginnings has achieved an impressive 92% score, indicating strong performance in accountability and financial health. The organization has a perfect score in most areas, including 100% accountability and finance metrics, showcasing effective management and transparency. The charity's independent board members constitute 100% of its board, reflecting a commitment to impartial governance.
The charity is recognized for its thorough policies, including a conflict of interest policy, a whistleblower policy, and a well-maintained record retention practice. Additionally, Lockport New Beginnings maintains a liabilities to assets ratio of 0.00%, which signifies strong financial stability and suggests that it operates without debt. However, its program expense ratio of 65.95% suggests there is room for improvement in directing a higher percentage of funds towards its programs.
Overall, Lockport New Beginnings exemplifies a well-managed nonprofit that prioritizes transparency and governance. While it has received high marks in various areas, stakeholders may want to see an increase in program expenditures to enhance the impact of its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Lockport New Beginnings legitimate?
Lockport New Beginnings is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lockport New Beginnings 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: $0
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Official website here: www.lockportnewbeginnings.com
What is the mission statement of Lockport New Beginnings?
Lockport New Beginnings' mission is centered around empowering local youth to realize their full potential. They accomplish this through after-school mentoring programs and engaging youth activities. The organization's success is measured by the achievements of the youth participating in these programs. New Beginnings strives to provide a supportive environment that fosters personal growth and development for the young participants. They have demonstrated their commitment to this cause by organizing successful events, such as a walk to raise funds and awareness for youth issues, and hosting a dinner to raise money for scholarships.
Official website here: www.lockportnewbeginnings.com
Who is the CEO of Lockport New Beginnings?
Carsee Herring is the President of Lockport New Beginnings.
Official website here: www.lockportnewbeginnings.com
What is the revenue of Lockport New Beginnings?
Lockport New Beginnings's revenue in 2022 was $8,263.
Official website here: www.lockportnewbeginnings.com
Who are the executives of Lockport New Beginnings and what are their salaries?
There 16 volunteers at Lockport New Beginnings.
Here are 8 key members and their salaries:
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Official website here: www.lockportnewbeginnings.com
Where can I find the form 990 for Lockport New Beginnings?
Lockport New Beginnings's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lockportnewbeginnings.com
Learn more at the official website: www.lockportnewbeginnings.com
Mission Statement of Lockport New Beginnings
Lockport New Beginnings is committed to aiding local youth in realizing their full potential. This is achieved through the provision of after-school services, which include mentoring and engaging youth activities. The effectiveness of these programs is measured by the success of the participating youth. The organization has a notable track record, having successfully organized a walk to raise funds and awareness for youth-related issues. Moreover, Lockport New Beginnings hosted a dinner event to raise additional funds, resulting in the awarding of two scholarships to deserving youth.
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Impact
August, 2024
Lockport New Beginnings has a significant impact on the youth in the Lockport community by helping them reach their full potential through various after-school programs and activities. The organization has successfully provided mentoring and support to many students, as evidenced by the success stories of the youth who have participated in their programs. Lockport New Beginnings' efforts to raise funds and awareness about youth issues have resulted in the awarding of scholarships to deserving students, further contributing to their educational and personal development.
This information is meant to be a general summary of Lockport New Beginnings. 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: $3
- Gross Receipts: $8,263
Assets and Liabilities:
- Total Assets: $34,334
- Total Liabilities: $0
- Net Assets: $34,334
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Organization Details
Founding Year
2001
Phone
(716) 434-0649Principal Officer
Carsee Herring
Main Address
P O BOX 1203, LOCKPORT, NY, 14094
NTEE Category
Code: B99 - Education
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