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A New Start Financial & Social Services Inc

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

EIN: 461423980 ✦ Fort lauderdale, FL ✦ Designated as a 501(c)(3)

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Overview

What is A New Start Financial & Social Services Inc?

A New Start Financial & Social Services Inc, situated in Fort Lauderdale, Florida, is a nonprofit organization with a mission to empower and address societal issues. They operate primarily in the fields of food services and agriculture, providing feeding programs and related work. Beyond this, they offer various other services such as tax resolution, career development, support for veterans, programs for youth, social work, and community health initiatives. With a focus on interfaith collaboration, their aim is to find innovative, sustainable, and root-cause solutions to societal problems through collective efforts of various community-based organizations. They currently employ a team of five individuals dedicated to achieving these goals.


Official website here: www.anewstartfs.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)

A New Start Financial & Social Services Inc has received an 81% score from Charity Navigator, reflecting a strong performance primarily in the area of Accountability & Finance. This rating indicates a solid level of transparency and responsible financial management, which is crucial for donor confidence. The organization excels with a full score of 100% for independent board members and has no reported material diversion of assets, showcasing effective governance.

The nonprofit maintains a commendable program expense ratio of 83.60%, signifying that a significant portion of its funds is directed towards its programs rather than administrative costs. Such a high ratio is an encouraging sign for potential donors, indicating that their contributions are likely being used effectively to achieve the organization’s mission.

Despite these strengths, the rating is solely based on financial accountability metrics, which means there may be areas related to program impact and outcomes that are not captured in the current score. While the organization demonstrates strong financial health, potential supporters might seek additional information regarding the effectiveness of its programs and services.


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

Is A New Start Financial & Social Services Inc legitimate?

A New Start Financial & Social Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A New Start Financial & Social Services 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: $334,203
Professional Fundraising Fees: $0
Other Salaries and Wages: $258,724

For more financial information, click here


Official website here: www.anewstartfs.org

What is the mission statement of A New Start Financial & Social Services Inc?

A New Start Financial & Social Services Inc's mission is centered around empowering and equipping society with solutions to various societal issues. They envision a world where community-based organizations collaborate closely to find innovative, sustainable, and root-cause solutions to societal problems. Their activities span across interfaith collaboration, tax resolution, career development, support for veterans, youth programs, social work, and community health. The organization is committed to serving the community through food services and feeding programs, as well as some agricultural-related work.


Official website here: www.anewstartfs.org

Who is the CEO of A New Start Financial & Social Services Inc?

Judith Blasco is the CEO of A New Start Financial & Social Services Inc The CEO's salary of A New Start Financial & Social Services Inc is $5,000 and their total compensation is $35,000.


Official website here: www.anewstartfs.org

What is the revenue of A New Start Financial & Social Services Inc?

A New Start Financial & Social Services Inc's revenue in 2022 was $1,292,414.


Official website here: www.anewstartfs.org

Who are the executives of A New Start Financial & Social Services Inc and what are their salaries?

The average compensation at A New Start Financial & Social Services Inc during 2022 was $118,585. There are 5 employees and 135 volunteers at A New Start Financial & Social Services Inc.

Here are 12 key members and their salaries (A New Start Financial & Social Services Inc's CEO's salary is $5,000 and their total compensation is $35,000):


Andrew Hoo (President)
  • Compensation: $0
  • Related: $0
  • Other: $35,000
Elizabeth Hoo (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $25,000
Romona Brantley (Secretary)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Michael Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $5,000
Jeff Willard (Treasurer)
  • Compensation: $15,000
  • Related: $0
  • Other: $0
Angel Myers (Director)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Loretta Reese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lora Reese (Director)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Venghan Tang (Supervisor)
  • Compensation: $0
  • Related: $0
  • Other: $40,000
Robert Woder (Dir. Of Lgbtq+)
  • Compensation: $5,000
  • Related: $0
  • Other: $25,000
Petronio Blasc (Program Manage)
  • Compensation: $5,000
  • Related: $0
  • Other: $30,000
Judith Blasco (Ceo)
  • Compensation: $5,000
  • Related: $0
  • Other: $30,000


Official website here: www.anewstartfs.org

Where can I find the form 990 for A New Start Financial & Social Services Inc?

A New Start Financial & Social Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.anewstartfs.org

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

Mission Statement of A New Start Financial & Social Services Inc

A New Start Financial & Social Services Inc is committed to empowering and equipping society with effective solutions to societal issues. Their vision is a world where community-based organizations collaborate and work together to find innovative, sustainable, and root-cause solutions to societal problems. The organization actively engages in various activities and programs, including Interfaith Collaboration, Tax Resolution, Career Development, Veterans Support, Youth Programs, Social Work, and Community Health. Through these initiatives, A New Start Financial & Social Services Inc aims to address societal challenges at their core, promoting a unified approach to problem-solving. Among their offerings, the organization operates food services and feeding programs, as well as engages in some agricultural work. Their mission is to be a catalyst for positive change, leveraging collaboration and innovation to create a more equitable and resilient society.

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Impact




July, 2024

A New Start Financial & Social Services Inc's impact is evident in its efforts to empower and equip society with solutions to societal issues. Through services such as interfaith collaboration, tax resolution, career development, support for veterans, youth programs, social work, and community health initiatives, the organization is making a tangible difference in the lives of individuals and communities in Fort Lauderdale, Florida. By providing food services, feeding programs, and engaging in agricultural work, the organization is addressing immediate needs while also working towards sustainable solutions at the root causes of societal problems. A New Start Financial & Social Services Inc envisions a world where community-based organizations actively collaborate and innovate to tackle societal challenges effectively.




This information is meant to be a general summary of A New Start Financial & Social Services 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
$1,292,414 (2022)
Expenses
$1,283,821 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $721,104
  • Gross Receipts: $1,292,414

Assets and Liabilities:

  • Total Assets: $742,123
  • Total Liabilities: $52,184
  • Net Assets: $689,939

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Programs

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

Program Service Fees

Revenue

$85,123

Facility rental

Revenue

$1,934

Cultural Events-Admissions&Show

Revenue

$126,678

Cultural Events-Food & Catering

Revenue

$321,000

Healthcare and Social Work

Revenue

$113,239

Organization Details

Founding Year

2012

Principal Officer

Andrew Hoo

NTEE Category

Code: W02 - Public benefit

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