Overview
What is New England Center For Arts & Technology Inc?
New England Center For Arts & Technology Inc, located at 23 Bradston Street, Boston, MA 02118, is a nonprofit organization committed to empowering underemployed adults and individuals transitioning from public assistance programs. Their mission is to offer comprehensive technical and job readiness training, paired with individualized support and employment services. By doing so, they aim to provide a pathway to stable, long-term employment within the food services industry. This is achieved through a partnership with local employers, who offer career-directed education and job skills training. The New England Center For Arts & Technology Inc's programs primarily focus on adults who qualify for full tuition reimbursement. With a team of 21 dedicated individuals, they continue to make a significant impact in the community.
Official website here: www.ne-cat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68% (Two-Star out of Four Star rating)
The New England Center For Arts & Technology Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain financial aspects. While the organization has an exemplary accountability structure with a fully independent board and strong oversight practices, its financial ratios raise concerns. Specifically, the liabilities to assets ratio and working capital ratio suggest potential financial instability.
Strengths of the organization include a robust commitment to transparency, as evidenced by its complete adherence to governance policies and the successful distribution of tax forms. The charity has demonstrated effective fundraising efficiency, allowing it to maximize resources relative to fundraising costs. However, the program expense ratio indicates that a significant portion of funds may not be directed towards programmatic activities, which could affect the overall impact of its initiatives.
Despite its strong governance practices, the financial health metrics suggest that the organization may face challenges in sustaining its operations in the long term. Stakeholders and potential donors may want to take these financial factors into account when considering support for the New England Center For Arts & Technology Inc.
This AI summary has been generated from information found on Charity Navigator.
Is New England Center For Arts & Technology Inc legitimate?
New England Center For Arts & Technology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New England Center For Arts & Technology 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: $147,208
Professional Fundraising Fees: $20,250
Other Salaries and Wages: $807,551
For more financial information, click here
Official website here: www.ne-cat.org
What is the mission statement of New England Center For Arts & Technology Inc?
The New England Center for Arts & Technology Inc is committed to helping chronically unemployed adults secure stable, long-term employment in the food services industry. They achieve this goal by providing comprehensive technical and job readiness training, along with individualized support and employment services. In partnership with Boston-area employers, they develop culinary job training programs that offer career-directed education, job skills training, and placement assistance. These programs specifically target underemployed adults or those transitioning from public assistance programs, many of whom qualify for full tuition reimbursement.
Official website here: www.ne-cat.org
Who is the CEO of New England Center For Arts & Technology Inc?
Josephine Cuzzi is the Executive Director of New England Center For Arts & Technology Inc.
Official website here: www.ne-cat.org
What is the revenue of New England Center For Arts & Technology Inc?
New England Center For Arts & Technology Inc's revenue in 2022 was $2,132,610.
Official website here: www.ne-cat.org
Who are the executives of New England Center For Arts & Technology Inc and what are their salaries?
The average compensation at New England Center For Arts & Technology Inc during 2022 was $45,465. There are 21 employees and 15 volunteers at New England Center For Arts & Technology Inc.
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Official website here: www.ne-cat.org
Where can I find the form 990 for New England Center For Arts & Technology Inc?
New England Center For Arts & Technology Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ne-cat.org
Learn more at the official website: www.ne-cat.org
Mission Statement of New England Center For Arts & Technology Inc
The New England Center for Arts & Technology, Inc. is committed to helping chronically unemployed adults secure stable, long-term employment in the food services industry. They achieve this goal by offering comprehensive technical and job readiness training, along with individualized support and employment services. By working in partnership with Boston-area employers, they develop culinary job training programs that provide career-directed education, job skills training, and placement assistance. These programs are designed to benefit local adults who are underemployed or transitioning from public assistance programs, often qualifying for full tuition reimbursement.
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Impact
October, 2024
New England Center For Arts & Technology Inc significantly impacts the Boston area by addressing unemployment and underemployment through targeted culinary job training programs. By partnering with local employers, the organization creates career-directed education and job skills training that equips individuals with the necessary competencies for success in the food services industry.
These programs specifically cater to adults who are chronically unemployed or moving away from public assistance, providing them with a structured pathway to stable, long-term employment. Participants benefit from comprehensive technical training, job readiness preparation, and individualized support services, which enhance their employability and help integrate them into the workforce effectively.
The center’s holistic approach not only empowers individuals but also positively influences the local economy by preparing a skilled workforce that meets the demands of the area’s culinary sector. Through these efforts, New England Center For Arts & Technology Inc plays a crucial role in fostering economic mobility and community development.
This information is meant to be a general summary of New England Center For Arts & Technology 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 2022.
- Investment Income: $1,808
- Program Service Revenue: $412,552
- Gross Receipts: $2,151,186
Assets and Liabilities:
- Total Assets: $2,427,294
- Total Liabilities: $2,017,014
- Net Assets: $410,280
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEE
Revenue
$412,552
Organization Details
Founding Year
2010
Phone
(617) 412-3600Principal Officer
Josephine Cuzzi
Main Address
23 Bradston Street, BOSTON, MA, 02118
Website
www.ne-cat.orgNTEE Category
Code: B30 - Education
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