Overview
What is New Creation Business Advocates Inc?
New Creation Business Advocates Inc, located at 2102 Calumet Avenue, Valparaiso, IN 46383, is a nonprofit organization dedicated to uplifting the lower income and unemployed community. Their mission is to offer business-based mentorship, life skills training, and job opportunities, all inspired by Christian principles. The organization provides various services, including employment assistance, such as resume writing and access to essential resources like computers, phones, and fax machines. They also offer social services like counseling, group therapy, and professional referrals. Practical services include shower and laundry facilities, exercise equipment, and storage lockers. Their goal is to empower individuals through business and life skills, ultimately helping them secure employment.
Official website here: www.ncbai.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star rating
New Creation Business Advocates Inc has received a two-star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization demonstrates strengths in governance, with an independent board that scores well on the majority of key metrics, such as board size and absence of asset diversion. Additionally, their program expense ratio is notably high at 84.51%, suggesting that a significant portion of their expenditures directly supports their mission.
However, there are notable shortcomings highlighted in their accountability practices. The organization lacks essential policies such as a whistleblower policy and document retention and destruction policy, both of which resulted in zero points awarded. Furthermore, while they have posted board meeting minutes, their tax form is not available on their website, which raises transparency concerns.
Overall, while New Creation Business Advocates Inc shows promise in its financial management and governance, the absence of crucial policies and missing documentation could undermine stakeholder trust and operational effectiveness. Addressing these limitations could enhance their accountability score and overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is New Creation Business Advocates Inc legitimate?
New Creation Business Advocates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Creation Business Advocates 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: $80,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ncbai.org
What is the mission statement of New Creation Business Advocates Inc?
New Creation Business Advocates Inc's mission is centered around providing vision and resources, utilizing business as a tool. Their primary goal is to mentor, educate in life skills, and offer employment opportunities to individuals from the lower income bracket and unemployed population. This is achieved through the promotion and support of Christian principles. The organization offers various resources such as resume writing assistance, access to technology, and counseling sessions, aiming to empower and uplift these individuals.
Official website here: www.ncbai.org
Who is the CEO of New Creation Business Advocates Inc?
Ryan Peters is the Director /Chairman of New Creation Business Advocates Inc.
Official website here: www.ncbai.org
What is the revenue of New Creation Business Advocates Inc?
New Creation Business Advocates Inc's revenue in 2023 was $484,294.
Official website here: www.ncbai.org
Who are the executives of New Creation Business Advocates Inc and what are their salaries?
The average compensation at New Creation Business Advocates Inc during 2023 was $4,487. There are 18 employees and 12 volunteers at New Creation Business Advocates Inc.
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Official website here: www.ncbai.org
Where can I find the form 990 for New Creation Business Advocates Inc?
New Creation Business Advocates Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ncbai.org
Learn more at the official website: www.ncbai.org
Mission Statement of New Creation Business Advocates Inc
New Creation Business Advocates Inc, as a nonprofit organization, is committed to providing vision and resources through the medium of business. Their mission is to empower the lower-income and unemployed individuals by offering mentorship, life skills training, and job opportunities. They achieve this by promoting and supporting the use of Christian principles. By doing so, New Creation Business Advocates Inc aims to uplift and guide those in need, fostering personal growth and self-sufficiency.
The organization's approach is multifaceted, encompassing both practical and emotional support. New Creation Business Advocates Inc provides access to essential employment tools such as resume writing facilities, computers, phones, copy and fax machines, and newspapers. In addition, they offer social services like counseling, group therapy sessions, and information and referral services to professionals, as required. The nonprofit also provides practical amenities such as shower and laundry facilities, exercise equipment, and lockers for storage.
New Creation Business Advocates Inc's mission is to serve as a beacon of hope and opportunity for those in need, leveraging business as a means to instill confidence, skills, and employment prospects. They accomplish this through the encouragement and promotion of Christian principles, aiming to foster a supportive and empowering environment for their beneficiaries.
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Impact
July, 2024
New Creation Business Advocates Inc's impact can be seen in the tangible support and resources they provide to the lower-income and unemployed individuals in VALPARAISO, IN. Through their business-focused approach, they offer employment assistance including resume writing and access to essential office equipment. Additionally, their provision of social services like counseling and life skills sessions, along with practical services such as shower facilities and lockers, demonstrates a holistic approach to helping those in need. By fostering mentorship, teaching life skills, and promoting job opportunities, New Creation Business Advocates Inc empowers individuals to improve their circumstances and work towards a brighter future.
This information is meant to be a general summary of New Creation Business Advocates 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 2023.
- Investment Income: $10
- Program Service Revenue: $411,834
- Gross Receipts: $484,294
Assets and Liabilities:
- Total Assets: $621,989
- Total Liabilities: $432,845
- Net Assets: $189,144
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Retail Shop
Revenue
$411,001
Other
Revenue
$833
Organization Details
Founding Year
2008
Phone
(219) 548-3548Principal Officer
Ryan Peters
Main Address
2102 Calumet Avenue, Valparaiso, IN, 46383
Website
www.ncbai.orgNTEE Category
Code: P50 - Human services
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