Overview
What is Time For Freedom Inc?
Time for Freedom Inc, situated in Ocala, Florida, is a dedicated nonprofit organization primarily focused on felon rehabilitation. Their main activity is a work release program, designed to assist individuals who have served their prison sentences. This program aims to provide a supportive environment and opportunities for these individuals to reintegrate into society, contributing positively to their communities. The mission of Time for Freedom Inc is centered around facilitating this rehabilitation process, offering a chance for personal growth and second chances.
Official website here: www.reentrycenterofocala.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
Time For Freedom Inc received a 67% score from Charity Navigator, which translates to a two-star rating. This rating primarily reflects the organization’s performance in accountability and finance. While the charity excels in areas such as financial statements and material diversion of assets, key areas like board independence and conflict of interest policies show significant weaknesses.
The organization has no independent board members, which is a critical governance concern. Additionally, it lacks essential policies such as a conflict of interest and whistleblower policy, leading to a comprehensive accountability score of only 67%. This indicates potential risks in governance practices that may impact overall transparency and effectiveness.
On a more positive note, Time For Freedom Inc demonstrates strong financial health with a program expense ratio of 80.97%, signifying that the majority of its resources are directed towards its programs. However, the lack of critical governance policies and board independence may limit its long-term sustainability and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Time For Freedom Inc legitimate?
Time For Freedom Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Time For Freedom 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: $0
For more financial information, click here
Official website here: www.reentrycenterofocala.com
What is the mission statement of Time For Freedom Inc?
Time for Freedom Inc. is dedicated to facilitating the rehabilitation of individuals with felony convictions. Their primary mission is to operate a work release program, which aims to provide a supportive environment for these individuals, enabling them to reintegrate into society by gaining employment and regaining their independence. The program's goal is to empower felons, helping them to lead productive and law-abiding lives. By offering work release opportunities, Time for Freedom Inc. seeks to foster personal growth, instill a sense of responsibility, and ultimately, contribute to the betterment of society as a whole.
Official website here: www.reentrycenterofocala.com
Who is the CEO of Time For Freedom Inc?
David Decastro is the Executive Director of Time For Freedom Inc.
Official website here: www.reentrycenterofocala.com
What is the revenue of Time For Freedom Inc?
Time For Freedom Inc's revenue in 2021 was $2,427,085.
Official website here: www.reentrycenterofocala.com
Who are the executives of Time For Freedom Inc and what are their salaries?
There are 45 employees at Time For Freedom Inc.
Here are 5 key members and their salaries:
- Compensation: $80,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $82,980
- Related: $0
- Other: $0
Official website here: www.reentrycenterofocala.com
Where can I find the form 990 for Time For Freedom Inc?
Time For Freedom Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.reentrycenterofocala.com
Learn more at the official website: www.reentrycenterofocala.com
Mission Statement of Time For Freedom Inc
Time for Freedom Inc, a felon rehabilitation program, is committed to its mission of facilitating a work release program. This mission is centered around providing a platform for individuals who have been convicted of felonies to re-integrate into society by participating in a structured work release program. The primary goal of Time for Freedom Inc is to empower these individuals, helping them regain a sense of purpose and responsibility through gainful employment. By offering a work release program, Time for Freedom Inc aims to foster personal growth, encourage accountability, and ultimately contribute to the overall betterment of the community.
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Impact
July, 2024
Time For Freedom Inc's impact is significant in Ocala, Florida, as it provides a vital felon rehabilitation program aimed at helping individuals successfully transition back into society through a work release program. The organization's mission to support former felons in reintegrating into the community aligns with the goal of reducing recidivism and helping individuals rebuild their lives after incarceration. Through their efforts, Time For Freedom Inc is contributing positively to the community by offering important support and resources to those in need.
This information is meant to be a general summary of Time For Freedom 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.
- Investment Income: $10,558
- Program Service Revenue: $2,411,502
- Gross Receipts: $2,427,085
Assets and Liabilities:
- Total Assets: $1,587,272
- Total Liabilities: $785,393
- Net Assets: $801,879
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program service revenue
Revenue
$1,423,776
Monitoring income
Revenue
$121,414
Contract income
Revenue
$866,312
Organization Details
Founding Year
1987
Phone
(352) 351-1280Principal Officer
David Decastro
Main Address
2006 NE 8th Road, Ocala, FL, 34470
Website
www.reentrycenterofocala.comNTEE Category
Code: I31Z - Crime
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