Overview
What is Fabnewport?
Fabnewport, a nonprofit organization based in Newport, Rhode Island, aims to provide equal opportunities to young people from economically disadvantaged backgrounds in the North End area. Through their summer program, after-school activities, and community outings, they serve over 100 students annually, enabling them to explore new interests and develop various skills. Fabnewport offers classes in areas such as entrepreneurship, coding, sewing, and art, encouraging students to pursue potential career paths. Outside of the core programming, Fabnewport has expanded its impact by introducing the Heart Club at Thompson Middle School and hiring AmeriCorps volunteers to work with truant students in the Newport Public Schools. The AmeriCorps program, Check & Connect, provides mentorship to struggling students, aiming to improve their attitudes towards school and boost their academic success. In essence, Fabnewport strives to ensure that youth have equitable access to opportunities, resources, and relationships, enabling them to thrive both today and in the future.
Official website here: www.gofabx.org/programs/fabnewport/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Fabnewport has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its operations and transparency. The overall score of 73% reflects a solid performance in certain areas, particularly in board independence and financial health, where it scores high on accountability measures such as having a majority of independent board members and a low liabilities to assets ratio.
However, the organization faces significant challenges regarding its financial transparency. Notably, it scored zero points for the absence of financial statements, a whistleblower policy, and a document retention policy, all of which are critical for ensuring accountability and trust. While the program expense ratio is strong at 79.38%, indicating that most funds are directed towards programs, the lack of publicly available financial documentation could hinder potential donor confidence.
In summary, while Fabnewport demonstrates strengths in governance and effective use of resources, improvements are necessary in transparency and policy documentation to enhance accountability and overall trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Fabnewport?
100% of reviewers on Facebook recommend FabNewport, indicating overwhelming support for the nonprofit. Here is a summary of their reviews:
The program has been praised for its positive impact on children in Newport, offering an environment that fosters creativity and fun. Parents specifically noted that their kids are incredibly happy participating in the various activities offered.
Overall, it seems that FabNewport successfully delivers on its promise to provide enriching experiences for local youth, making it a cherished resource in the community.
This AI summary has been generated from reviews found on Facebook.
Is Fabnewport legitimate?
Fabnewport is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fabnewport 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: $153,480
Professional Fundraising Fees: $0
Other Salaries and Wages: $683,436
For more financial information, click here
Official website here: www.gofabx.org/programs/fabnewport/
What is the mission statement of Fabnewport?
Fabnewport's mission is centered around ensuring equitable access to opportunities, resources, and relationships for youth, enabling them to thrive both now and in the future. They achieve this through programs such as The Newport Experience (NEX), which serves students from socio-economically disadvantaged backgrounds and provides them with a wide array of opportunities during summer camps, after-school programming, and community outings. NEX encourages exploration, skill development, and confidence-building through classes like entrepreneurship, coding, and art, enabling students to delve deeper into potential career paths. Fabnewport also offers additional programs, such as Heart Club and the Check & Connect AmeriCorps program, to further support the youth's social-emotional development and academic success.
Official website here: www.gofabx.org/programs/fabnewport/
Who is the CEO of Fabnewport?
Allison Ingalsbe is the Executive Director of Fabnewport.
Official website here: www.gofabx.org/programs/fabnewport/
What is the revenue of Fabnewport?
Fabnewport's revenue in 2022 was $1,180,808.
Official website here: www.gofabx.org/programs/fabnewport/
Who are the executives of Fabnewport and what are their salaries?
The average compensation at Fabnewport during 2022 was $16,738. There are 50 employees and 10 volunteers at Fabnewport.
Here are 13 key members and their salaries:
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Official website here: www.gofabx.org/programs/fabnewport/
Where can I find the form 990 for Fabnewport?
Fabnewport's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gofabx.org/programs/fabnewport/
Learn more at the official website: www.gofabx.org/programs/fabnewport/
Mission Statement of Fabnewport
Fabnewport, a nonprofit organization, aims to ensure that youth in disadvantaged situations have equitable access to opportunities, resources, and relationships, enabling them to thrive both presently and in the future. At its core, Fabnewport's mission is to serve students from Newport's North End who, due to their socio-economic conditions, often lack access to the area's extensive array of opportunities.
The Newport Experience (NEX), the primary program of Fabnewport, operates a 6-week summer program for over 100 students and offers after-school programming, community outings, and in-school programming for hundreds more. During the summer, NEX students explore their city, engage with community organizations, and broaden their horizons. Throughout the school year, NEX students participate in after-school programming that fosters exploration, skill development, and confidence-building. Students have the opportunity to engage in classes such as entrepreneurship, coding, electronics, sewing, design, art, open lab, outdoor adventure, and golf programming. Fabnewport provides resources to cultivate these interests, either in-house or through community partners.
In addition to its core programming, Fabnewport has begun to broaden its impact by launching the Heart Club at Thompson Middle School and hiring AmeriCorps volunteers for the Newport Public Schools. The AmeriCorps program, Check & Connect, connects volunteers with Newport students struggling with truancy. The AmeriCorps members serve as mentors to these students, working with them both in and out of school, to change their attitude towards school and help them succeed.
In summary, Fabnewport is dedicated to empowering disadvantaged youth by providing them with equitable access to opportunities, resources, and relationships. Through its programs, such as the Newport Experience, Fabnewport fosters exploration, skill development, and confidence-building, enabling these students to thrive in their present and future lives. The organization also extends its reach through programs like Heart Club and Check & Connect, ensuring that its impact extends beyond its core programming.
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Impact
July, 2024
Fabnewport's impactful work in Newport's North End is changing the trajectory of young lives by providing equitable access to opportunities, resources, and relationships. Through programs like NEX, Fabnewport is empowering over 100 Newport students each summer and hundreds more throughout the year with essential skills, confidence-building activities, and exposure to a wide range of learning experiences. By offering classes in entrepreneurship, coding, electronics, sewing, design, arts, outdoor adventures, and more, Fabnewport is not only nurturing interests but also opening doors to potential career paths. Additionally, initiatives like the HEART Club at Thompson Middle School and the AmeriCorps Check & Connect program in Newport Public Schools are providing vital support and mentorship to students facing challenges. Fabnewport's commitment to fostering a supportive environment where youth can grow and thrive is making a tangible difference in the community, helping students develop the tools they need to succeed in school and beyond.
This information is meant to be a general summary of Fabnewport. 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: $188
- Program Service Revenue: $412,820
- Gross Receipts: $1,180,808
Assets and Liabilities:
- Total Assets: $708,893
- Total Liabilities: $47,299
- Net Assets: $661,594
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$412,820
Organization Details
Founding Year
2015
Phone
(401) 439-0160Principal Officer
Allison Ingalsbe
Main Address
PO BOX 3562, NEWPORT, RI, 02840
NTEE Category
Code: B99 - Education
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