New Beginnings Of Central Florida Inc

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

EIN: 260353679 ✦ Clermont, FL ✦ Designated as a 501(c)(3)

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Overview

What is New Beginnings Of Central Florida Inc?

New Beginnings of Central Florida Inc is a nonprofit organization situated in Clermont, Florida, specifically at 415 Citrus Towr Blvd. Their primary mission is to assist individuals who have experienced job loss and homelessness, offering a range of programs aimed at restoring their lives. These include residential, prevention, and outreach initiatives, all with the ultimate goal of fostering self-sufficiency and independence for each client. They strive to provide comprehensive support, addressing the complex challenges faced by those in need.


Official website here: www.nbcfl.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star Rating

New Beginnings of Central Florida Inc has received an overall score of 83%, which reflects a solid performance in both accountability and financial management. With a strong Leadership & Adaptability Score of 100, the organization demonstrates its commitment to effective governance and responsiveness to changing needs. The charity also showcases an impressive program expense ratio of 96.79%, indicating that a significant portion of its resources is dedicated to its mission-driven programs.

The organization benefits from a fully independent board, consisting of three members, which enhances its governance structure. The presence of comprehensive policies, including those for conflict of interest and whistleblower protections, indicates a commitment to transparency and ethical management. Furthermore, New Beginnings actively invests in leadership development through mentorship and coaching programs, which can foster organizational growth and employee engagement.

However, while the financial metrics are strong, there is always room for improvement in communicating the impact of their services to the community. Stakeholders may benefit from more detailed reporting on program outcomes and beneficiary feedback, which can provide additional insights into the effectiveness of their initiatives. Overall, New Beginnings of Central Florida Inc appears to be a responsible and effective nonprofit dedicated to its mission.


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

What do the Facebook reviews say about New Beginnings Of Central Florida Inc?

New Beginnings Of Central Florida Inc is receiving positive attention from those who have shared their experiences. Most notably, the organization is praised for its commitment to helping local individuals in need. One reviewer highlighted the courteous service provided by staff members Kevin and James, emphasizing their effective communication and willingness to assist with donations.

The recommendation to support New Beginnings over other larger entities, like Goodwill, shows a desire among the community to keep assistance local. Additionally, encouraging others to shop at their thrift store suggests that people see value in engaging with the nonprofit not only through donations but also through purchasing second-hand items.

Overall, the sentiment surrounding New Beginnings is favorable, with strong encouragement for community involvement and support.


This AI summary has been generated from reviews found on Facebook.

Is New Beginnings Of Central Florida Inc legitimate?

New Beginnings Of Central Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Beginnings Of Central Florida 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: $519,127

For more financial information, click here


Official website here: www.nbcfl.org

What is the mission statement of New Beginnings Of Central Florida Inc?

New Beginnings of Central Florida Inc's mission is centered around transforming and restoring the lives of individuals who have lost their jobs and homes. This is achieved through a comprehensive approach that includes residential programs, prevention initiatives, and outreach services. The ultimate goal is to foster self-sufficiency and independence for each client, ensuring they can rebuild their lives with dignity and resilience. The organization's efforts aim to provide a second chance and a brighter future for those in need.


Official website here: www.nbcfl.org

Who is the CEO of New Beginnings Of Central Florida Inc?

Steve Smith is the Executive Director of New Beginnings Of Central Florida Inc.


Official website here: www.nbcfl.org

What is the revenue of New Beginnings Of Central Florida Inc?

New Beginnings Of Central Florida Inc's revenue in 2022 was $1,270,918.


Official website here: www.nbcfl.org

Who are the executives of New Beginnings Of Central Florida Inc and what are their salaries?


Here are 4 key members and their salaries:


Tom Ryan (Treasurer Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Smith (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Smith (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Compston (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nbcfl.org

Where can I find the form 990 for New Beginnings Of Central Florida Inc?

New Beginnings Of Central Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nbcfl.org

Learn more at the official website: www.nbcfl.org

Mission Statement of New Beginnings Of Central Florida Inc

New Beginnings of Central Florida Inc is dedicated to transforming and restoring the lives of individuals who have lost their jobs and homes. Their mission is achieved through a comprehensive approach that encompasses residential, prevention, and outreach programs. The ultimate goal is to foster independence for each client they serve. This nonprofit organization strives to provide a pathway to self-sufficiency, helping individuals overcome the challenges they face and rebuild their lives with confidence and resilience.

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Impact




October, 2024

New Beginnings of Central Florida Inc has a profound impact on individuals and families facing the challenges of unemployment and homelessness. Through its dedicated residential, prevention, and outreach programs, the organization plays a crucial role in transforming lives by providing essential support and resources.

Clients are not only offered immediate assistance but also a pathway to future independence. This holistic approach focuses on restoring dignity, fostering self-sufficiency, and helping individuals regain their footing in the community. By addressing both immediate needs and long-term goals, New Beginnings effectively empowers those it serves to rebuild their lives, easing the burdens of housing insecurity and joblessness.

Moreover, the organization's presence in Clermont, FL, strengthens the community by facilitating connections and support networks among its clients, ultimately contributing to a more resilient and self-reliant population. The impact is felt not just by the individuals who receive help but also by the broader community, as more people successfully reintegrate and contribute positively to society.




This information is meant to be a general summary of New Beginnings Of Central Florida 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
$1,270,918 (2022)
Expenses
$973,567 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $795,472
  • Program Service Revenue: $71,720
  • Gross Receipts: $1,270,918

Assets and Liabilities:

  • Total Assets: $1,837,036
  • Total Liabilities: $680,920
  • Net Assets: $1,156,116

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$71,720

Organization Details

Founding Year

2007

Principal Officer

Steve Smith

Main Address

415 CITRUS TOWR BLVD, CLERMONT, FL, 34711

NTEE Category

Code: P00 - Human services

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