Overview
What is Fresh Start Foundation?
The Fresh Start Foundation is a non-profit organization based in Lafayette Hill, Pennsylvania. Their primary mission is to offer a clean and sober living environment for individuals without a home, while they undergo substance abuse treatment through licensed outpatient, intensive outpatient, or partial hospitalization programs. The organization stands out for its commitment to providing a supportive environment for individuals in recovery, having received the Philadelphia Mayor's Commission on Drug and Alcohol Treatment's "Making a Difference Award." The Fresh Start Foundation operates 89 recovery homes, funded by the Office of Addiction Services (OAS), and has recently been awarded new VA GPD grants to offer various housing models to 300 veterans. The organization's veterans program boasts outcomes among the best in the country, with around 76% of veterans discharges transitioning to permanent housing, significantly higher than the national average. The organization currently employs 105 individuals.
Official website here: www.merakey.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 66% - Two-Star out of Four Star Rating
The Fresh Start Foundation has received a Two-Star rating from Charity Navigator, reflecting a score of 66% primarily in the Accountability & Finance category. This score indicates that while the organization has established some strong financial management practices, there are significant areas for improvement, particularly regarding governance and board independence.
One of the strengths noted in the evaluation includes the organization’s robust financial statements and effective oversight committee practices, as evidenced by a perfect score in several governance policies. However, the charity struggles with a lack of independent board members, which can undermine accountability and transparency. This absence is a critical factor in the overall rating, indicating that enhancing board independence is essential for the foundation's credibility.
Moreover, while the organization scores well in several areas like its conflict of interest policy and whistleblower protections, it has not made its financial documents readily accessible on its website. This lack of transparency, alongside a subpar liabilities to assets ratio, raises concerns about financial stability and accessibility to information for stakeholders. Therefore, while Fresh Start Foundation demonstrates foundational accountability, further efforts are needed to strengthen governance and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Fresh Start Foundation legitimate?
Fresh Start Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fresh Start 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,438,902
For more financial information, click here
Official website here: www.merakey.org
What is the mission statement of Fresh Start Foundation?
The Fresh Start Foundation's mission is centered around providing a clean and sober environment for individuals who lack appropriate living accommodations. This environment is designed to support individuals receiving substance abuse treatment through licensed outpatient, intensive outpatient, or partial hospitalization programs. The organization strives to make a difference in the community by offering a safe haven for those in need. Notable achievements include receiving the Philadelphia Mayor's Commission on Drug and Alcohol Treatment's "Making a Difference Award," funding from the Office of Addiction Services (OAS), and new VA GPD grants to offer various housing models to 300 veterans. The outcomes of the veterans program are particularly impressive, with around 76% of veterans discharged finding permanent housing, significantly higher than the national average.
Official website here: www.merakey.org
Who is the CEO of Fresh Start Foundation?
Derrick Yacovelli is the Treasurer/Secretary of Fresh Start Foundation.
Official website here: www.merakey.org
What is the revenue of Fresh Start Foundation?
Fresh Start Foundation's revenue in 2022 was $6,066,712.
Official website here: www.merakey.org
Who are the executives of Fresh Start Foundation and what are their salaries?
The average compensation at Fresh Start Foundation during 2022 was $23,228. There are 105 employees at Fresh Start Foundation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $669,146
- Other: $27,049
- Compensation: $0
- Related: $263,883
- Other: $25,225
- Compensation: $93,052
- Related: $0
- Other: $22,745
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.merakey.org
Where can I find the form 990 for Fresh Start Foundation?
Fresh Start Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.merakey.org
Learn more at the official website: www.merakey.org
Mission Statement of Fresh Start Foundation
The Fresh Start Foundation, a dedicated organization, strives to create a clean and sober living environment for individuals who lack permanent housing, providing them with substance abuse treatment in licensed outpatient, intensive outpatient, or partial hospitalization programs. Their mission is to offer a safe haven for those struggling with addiction, helping them to recover and reintegrate into society.
The Fresh Start Foundation has made significant strides in its efforts, earning the Philadelphia Mayor's Commission on Drug and Alcohol Treatment's "Making a Difference Award," a testament to its impact and effectiveness in the field. The organization's work is funded by the Office of Addiction Services (OAS), with 89 recovery home beds available for individuals seeking recovery.
In addition, the Fresh Start Foundation has secured new VA GPD grants to offer various housing models to 300 veterans, demonstrating its commitment to supporting those who have served our country. Notably, the outcomes of the Fresh Start Veterans Program are among the best in the country, with around 76% of veterans discharged going on to permanent housing, significantly exceeding the national average of 66% to 69%. The Fresh Start Foundation continues to make a tangible difference in the lives of those seeking a fresh start on their road to recovery.
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Impact
June, 2024
Fresh Start Foundation has had a significant impact in providing a clean and sober environment for individuals without appropriate places to live in the community. They have received recognition for their work, including the Philadelphia Mayor's Commission on Drug and Alcohol Treatment "Making a Difference Award." The organization's successful management of 89 recovery home beds, funded by the Office of Addiction Services, showcases their dedication to helping those in need. Additionally, their efforts in assisting veterans through various housing models have led to outstanding outcomes, with a high percentage of veteran discharges transitioning to permanent housing, surpassing the national average. These achievements highlight Fresh Start Foundation's commitment to improving the lives of individuals struggling with substance abuse and homelessness.
This information is meant to be a general summary of Fresh Start 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 2022.
- Program Service Revenue: $6,026,337
- Gross Receipts: $6,066,712
Assets and Liabilities:
- Total Assets: $2,477,058
- Total Liabilities: $3,450,319
- Net Assets: -$973,261
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT
Revenue
$5,905,576
SELF PAY
Revenue
$120,761
Organization Details
Founding Year
1995
Phone
(610) 260-4600Principal Officer
Derrick Yacovelli
Main Address
620 E GERMANTOWN PIKE, LAFAYETTE HILL, PA, 19444
Website
www.merakey.orgNTEE Category
Code: F20 - Mental health
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