Overview
What is New Opportunity School For Women Foundation Inc?
New Opportunity School for Women Foundation Inc is a nonprofit organization situated in Berea, Kentucky. Its primary mission is to aid at-risk middle-aged women by providing them with educational and training opportunities. In addition to supporting its own operations in Berea, Kentucky, and other locations such as Banner Elk, North Carolina, and Bluefield, Virginia, this foundation also assists New Opportunity School for Women, Inc. in expanding its services to new locations. The foundation's work aims to empower and uplift middle-aged women, offering them a chance to improve their lives through education and training.
Official website here: www.noswfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)
The New Opportunity School For Women Foundation Inc has received a Two-Star rating from Charity Navigator, reflecting a need for improvement in its operations and governance. While it scores well in areas such as having a majority of independent board members and demonstrating no material diversion of assets, significant gaps exist in its accountability measures. The overall score indicates that the organization is meeting some standards but falls short in critical areas that could enhance transparency and trust.
One of the organization's strengths is its strong governance structure, evidenced by a fully independent board and a favorable liabilities to assets ratio. Additionally, a substantial portion of its expenses is directed toward programs, showing a commitment to its mission. However, the lack of essential policies—such as conflict of interest, whistleblower, and document retention policies—highlights areas of concern regarding governance practices.
Moreover, the absence of the nonprofit's tax forms on its website is a notable limitation that could hinder transparency for stakeholders. These deficiencies in policy and documentation could impact the organization's credibility and effectiveness in achieving its mission. Overall, while the foundation demonstrates potential in its programmatic focus, addressing these governance issues is crucial for improving its accountability and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is New Opportunity School For Women Foundation Inc legitimate?
New Opportunity School For Women Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Opportunity School For Women Foundation 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: $4,043
For more financial information, click here
Official website here: www.noswfoundation.org
What is the mission statement of New Opportunity School For Women Foundation Inc?
The New Opportunity School For Women Foundation Inc's mission is centered around helping at-risk middle-aged women by providing them with educational and training resources. The organization also supports the operations of the New Opportunity School for Women in various locations and works towards establishing new sites for its services. The primary goal is to assist these women in overcoming their challenges and improving their lives through education and training.
Official website here: www.noswfoundation.org
Who is the CEO of New Opportunity School For Women Foundation Inc?
Janet Tronc is the Chairman of New Opportunity School For Women Foundation Inc.
Official website here: www.noswfoundation.org
What is the revenue of New Opportunity School For Women Foundation Inc?
New Opportunity School For Women Foundation Inc's revenue in 2021 was $50,626.
Official website here: www.noswfoundation.org
Who are the executives of New Opportunity School For Women Foundation Inc and what are their salaries?
The average compensation at New Opportunity School For Women Foundation Inc during 2021 was $4,043. There is 1 employee at New Opportunity School For Women Foundation Inc.
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- Compensation: $3,584
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Official website here: www.noswfoundation.org
Where can I find the form 990 for New Opportunity School For Women Foundation Inc?
New Opportunity School For Women Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.noswfoundation.org
Learn more at the official website: www.noswfoundation.org
Mission Statement of New Opportunity School For Women Foundation Inc
The New Opportunity School for Women Foundation Inc is committed to assisting at-risk middle-aged women by providing them with educational and training opportunities. Beyond just supporting the existing operations in Berea, Kentucky, Banner Elk, North Carolina, and Bluefield, Virginia, this foundation also aims to establish new locations for the services offered by the New Opportunity School for Women. The ultimate goal is to empower these women and contribute to their overall development.
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Impact
August, 2024
New Opportunity School For Women Foundation Inc impacts the lives of at-risk middle-aged women by providing education and training opportunities. Through its support of New Opportunity School for Women in various locations, including Berea, Kentucky, Banner Elk, North Carolina, and Bluefield, Virginia, the foundation helps these women gain access to resources that empower them to achieve personal and professional growth. By assisting in the establishment of new locations for New Opportunity School for Women services, the foundation expands its reach and further enables women to overcome challenges and realize their full potential. The foundation's dedication to education exemplifies its commitment to creating lasting positive change in the lives of women in need.
This information is meant to be a general summary of New Opportunity School For Women Foundation 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 2021.
- Gross Receipts: $50,626
Assets and Liabilities:
- Total Assets: $134,233
- Total Liabilities: $2,356
- Net Assets: $131,877
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Organization Details
Founding Year
2010
Principal Officer
Janet Tronc
Main Address
PO BOX 273, BEREA, KY, 40403
Website
www.noswfoundation.orgNTEE Category
Code: B60 - Education
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