Overview
What is Bayonne Economic Opportunity Foundation?
Bayonne Economic Opportunity Foundation is a nonprofit organization located in Bayonne, New Jersey, with a focus on empowering families and supporting young children between the ages of 3 and 5. Their comprehensive program encompasses medical, dental, psychological, nutritional, and educational services. The foundation collaborates with underprivileged communities in Bayonne, ensuring that the needs of special needs children are addressed through an on-site inclusion program in collaboration with the Bayonne Board of Education. During the 2022-23 academic year, the Head Start program, a key component of their services, had 104 enrolled children, including 11 with disabilities. The foundation received $428,519 in in-kind support during the year, including contributions from Bayonne City and various educational and professional services. Beyond Head Start, the foundation offers various programs to assist low-income citizens, senior citizens, and handicapped residents in Bayonne, such as nutrition, meals on wheels, weatherization, transportation, and community outreach.
Official website here: www.beof.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Bayonne Economic Opportunity Foundation has earned a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. With high scores in areas such as independent board membership and program expense ratio, the organization demonstrates effective governance and a commitment to utilizing funds primarily for its programs. Their financial practices appear robust, showcasing a low liabilities-to-assets ratio and transparent reporting policies.
Despite these strengths, user feedback indicates significant dissatisfaction with the organization’s service delivery. Reviewers have shared negative experiences regarding the application process, citing a lack of clear information and unprofessional interactions with staff. Personal accounts suggest that clients, particularly those in vulnerable situations, may face challenges in receiving the assistance they seek, which undermines the organization's positive financial standing.
Overall, while the Bayonne Economic Opportunity Foundation is rated highly for its operational integrity, it faces challenges in client engagement and service effectiveness. Addressing these service gaps could enhance its reputation and better support the community it aims to serve.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Bayonne Economic Opportunity Foundation?
While the Bayonne Economic Opportunity Foundation currently has limited reviews, the existing feedback highlights a strong sentiment of appreciation for the organization. One reviewer commended the staff as "hard working folks" dedicated to serving the community, reflecting a positive perception of their efforts.
The overall impression is that this nonprofit is seen as a valuable asset to the local community, effectively delivering on its commitment to service. Although the ratings are not yet established, the endorsement of their work suggests a promising foundation for future support and growth.
This AI summary has been generated from reviews found on Facebook.
Is Bayonne Economic Opportunity Foundation legitimate?
Bayonne Economic Opportunity Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bayonne Economic Opportunity Foundation 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: $330,315
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,210,343
For more financial information, click here
Official website here: www.beof.org
What is the mission statement of Bayonne Economic Opportunity Foundation?
The Bayonne Economic Opportunity Foundation's mission is centered around providing assistance to low-income citizens, senior citizens, and individuals with disabilities. They accomplish this through various programs, such as Head Start, nutrition services, Meals on Wheels, weatherization, transportation, and community outreach. The organization's main objective is to create programs primarily designed for these specific demographics, aiming to empower and support them.
In particular, the Head Start program, a comprehensive initiative, focuses on nurturing and educating young children between the ages of 3 and 5. This program addresses the needs of special needs children through an on-site inclusion program in collaboration with the local education board. During the 2022-23 academic year, the Head Start program had 104 enrolled children, including 11 with disabilities. The program also received significant support in the form of in-kind contributions, including rent from the city and various educational and professional services.
Official website here: www.beof.org
Who is the CEO of Bayonne Economic Opportunity Foundation?
Michelle E Byrd is the Chairman of Bayonne Economic Opportunity Foundation.
Official website here: www.beof.org
What is the revenue of Bayonne Economic Opportunity Foundation?
Bayonne Economic Opportunity Foundation's revenue in 2023 was $5,319,829.
Official website here: www.beof.org
Who are the executives of Bayonne Economic Opportunity Foundation and what are their salaries?
The average compensation at Bayonne Economic Opportunity Foundation during 2023 was $33,875. There are 75 employees and 72 volunteers at Bayonne Economic Opportunity Foundation.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $183,104
- Related: $0
- Other: $33,006
- Compensation: $147,211
- Related: $0
- Other: $15,950
Official website here: www.beof.org
Where can I find the form 990 for Bayonne Economic Opportunity Foundation?
Bayonne Economic Opportunity Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.beof.org
Learn more at the official website: www.beof.org
Mission Statement of Bayonne Economic Opportunity Foundation
Bayonne Economic Opportunity Foundation, a not-for-profit organization, is dedicated to serving low-income citizens, senior citizens, and individuals with disabilities in various capacities. The foundation's primary mission is to offer programs tailored primarily for this demographic, ensuring their well-being and empowerment. Through initiatives such as Head Start, nutrition programs, Meals on Wheels, weatherization, transportation, and community outreach, Bayonne Economic Opportunity Foundation seeks to improve the lives of those in need.
The organization's Head Start program, in particular, is a comprehensive medical, dental, psychological, nutritional, and educational program designed for young children aged between 3 and 5. By partnering with underprivileged communities in Bayonne, New Jersey, the foundation addresses the needs of special needs children through an on-site inclusion program in collaboration with the Bayonne Board of Education. During the 2022-23 school year, the Head Start program had 104 enrolled children, including 11 with disabilities. Furthermore, the program received substantial in-kind support, including rental assistance from Bayonne City and various contributed educational and professional services, totaling $428,519.
In summary, Bayonne Economic Opportunity Foundation is committed to supporting low-income citizens, senior citizens, and individuals with disabilities through various programs. Its comprehensive approach to empowering families and nurturing young children between the ages of 3 and 5 is evident in its Head Start program, which offers medical, dental, psychological, nutritional, and educational support to underprivileged children. The organization's mission is achieved through various partnerships and in-kind support, ensuring the well-being and growth of its beneficiaries.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Bayonne Economic Opportunity Foundation significantly impacts the local community by providing essential services to low-income citizens, senior citizens, and individuals with disabilities in Bayonne, NJ. Through a range of programs, including Head Start, Meals on Wheels, nutrition assistance, weatherization services, transportation, and community outreach, this organization empowers families and supports vulnerable populations.
One of the cornerstone initiatives, the Head Start program, focuses on nurturing and educating young children aged 3 to 5. This comprehensive initiative addresses not only educational needs but also medical, dental, psychological, and nutritional aspects, ensuring that children receive holistic support. In the 2022-23 school year, the program enrolled 104 children, 11 of whom had disabilities, showcasing its commitment to inclusivity and addressing the needs of all children in the community.
The foundation also plays a vital role in community engagement, receiving significant in-kind support, such as rent from the city and various educational services, which enhances its capacity to serve residents effectively. Overall, the Bayonne Economic Opportunity Foundation fosters resilience, health, and education among some of the most vulnerable community members, thereby contributing to the overall well-being and empowerment of Bayonne’s population.
This information is meant to be a general summary of Bayonne Economic Opportunity Foundation. 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 2023.
- Investment Income: $409
- Program Service Revenue: $273,755
- Gross Receipts: $5,319,829
Assets and Liabilities:
- Total Assets: $2,337,792
- Total Liabilities: $691,278
- Net Assets: $1,646,514
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NUTRITION INCOME
Revenue
$262,418
OTHER PROGRAM REVENUE
Revenue
$11,337
Organization Details
Founding Year
1965
Phone
(201) 437-7222Principal Officer
Michelle E Byrd
Main Address
555 KENNEDY BLVD, BAYONNE, NJ, 07002
Website
www.beof.orgNTEE Category
Code: P200 - Human services
If you are a representative of Bayonne Economic Opportunity Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.