Overview
What is Vita Nova Inc?
Vita Nova Inc, located in West Palm Beach, Florida, is a dedicated nonprofit organization that offers essential services to youth transitioning from the foster care system, as well as those who are homeless or identify as LGBTQ. Their primary focus is on providing Post-Secondary Education Supports and Services (PESS) and Aftercare Services. Through PESS, they assist young individuals in enrolling, maintaining, and completing their post-secondary education, offering aid in financial literacy, housing, and other crucial support systems. Aftercare Services cater to youth's needs in housing, mental health, wellness, tutoring, substance abuse, counseling, and financial assistance. This year, Vita Nova served 88 youth through their Independent Living Services, with a significant number of PESS participants becoming employed and earning college degrees or certificates. Their mission is to serve as a "safe bridge to independence" for these vulnerable youth, equipping them with the necessary skills and resources to build a stable future.
Official website here: www.vitanovainc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100% (Four-Star out of Four Star Rating)
Vita Nova Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its outstanding accountability and financial management. With a perfect score of 100% in Accountability & Finance, the organization exhibits strong governance with a fully independent board and comprehensive oversight measures in place. The absence of material diversions of assets and a high program expense ratio indicate that funds are primarily directed towards its mission.
In addition to its financial strengths, Vita Nova Inc has also excelled in Culture & Community, receiving a score of 97%. The organization demonstrates a commitment to constituent feedback, employing effective strategies to gather and utilize input from those it serves. This responsiveness highlights its focus on community engagement and adaptability, which are essential for maintaining trust and effectiveness in nonprofit work.
While the Leadership & Adaptability score stands at a perfect 100%, showcasing a well-planned strategy and capable leadership, the breakdown of scores emphasizes an area where the organization can continue to build—further developing equity strategies, which scored a commendable 95%. Overall, Vita Nova Inc exemplifies strong nonprofit practices, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Vita Nova Inc?
92% of 10 reviewers on Facebook recommend Vita Nova Inc. Here is a summary of their reviews: Many individuals express deep gratitude for the organization and highlight the supportive staff as a significant asset. The appreciation for the services provided by Vita Nova is evident, with users acknowledging the positive impact it has had on their lives.
Overall, sentiments lean towards highly favorable, emphasizing that the nonprofit's commitment and supportive environment are well received by the community it serves. Those who have interacted with Vita Nova feel a strong sense of appreciation for the help and guidance offered.
This AI summary has been generated from reviews found on Facebook.
Is Vita Nova Inc legitimate?
Vita Nova Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vita Nova 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: $351,678
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,290,631
For more financial information, click here
Official website here: www.vitanovainc.org
What is the mission statement of Vita Nova Inc?
Vita Nova Inc is committed to serving as a supportive bridge towards independence for homeless youth aged 18-25, specifically those from the foster care system and the LGBTQ+ community. They achieve this goal through various means, including providing supportive housing, education, employment opportunities, and life skills training. Vita Nova's mission is to empower these young individuals, helping them complete their post-secondary education, manage finances, secure housing, and overcome various challenges. Their services, such as the Post-Secondary Education Supports and Services (PESS) and Aftercare Services, assist youth in achieving their educational goals and transitioning into independent adulthood. This year, Vita Nova served 88 youth and saw promising outcomes, with over half of the PESS participants becoming employed and nearly 20% earning a college degree or certificate.
Official website here: www.vitanovainc.org
Who is the CEO of Vita Nova Inc?
Jeff Demario is the CEO of Vita Nova Inc The CEO's salary of Vita Nova Inc is $167,836 and their total compensation is $185,704.
Official website here: www.vitanovainc.org
What is the revenue of Vita Nova Inc?
Vita Nova Inc's revenue in 2023 was $4,054,411.
Official website here: www.vitanovainc.org
Who are the executives of Vita Nova Inc and what are their salaries?
The average compensation at Vita Nova Inc during 2023 was $40,056. There are 41 employees and 205 volunteers at Vita Nova Inc.
Here are 13 key members and their salaries (Vita Nova Inc's CEO's salary is $167,836 and their total compensation is $185,704):
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- Compensation: $167,836
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- Other: $17,868
Official website here: www.vitanovainc.org
Where can I find the form 990 for Vita Nova Inc?
Vita Nova Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vitanovainc.org
Learn more at the official website: www.vitanovainc.org
Mission Statement of Vita Nova Inc
Vita Nova, a renowned nonprofit organization, is dedicated to serving as a secure pathway to self-sufficiency for former foster care youth, along with LGBTQ and other homeless individuals aged 18-25, residing in Palm Beach County. Their mission encompasses providing supportive housing, education, employment, and life skills training to these young adults. By doing so, Vita Nova aims to empower them to achieve independence and overcome the challenges they may face.
Specifically, Vita Nova Independent Living Services (VNILS) serves as the primary provider for youth within the foster care system who opt for Post-Secondary Education Supports and Services (PESS), and Aftercare Services. The PESS program offers assistance to these young adults in enrolling, maintaining, and completing their post-secondary education, including trade certifications. The program provides financial literacy, housing support, and other essential resources to aid in their educational journey. Through the Aftercare Services, youth receive assistance with housing, mental health, wellness, tutoring, substance abuse counseling, and financial aid. This bridge of support continues to be available to these young adults between the ages of 18-23, ensuring they have access to necessary help even after traditional child welfare services have concluded.
In the recent year, Vita Nova served 88 youth through VNILS. The results of their programs are promising, with over 59% of youth involved in PESS securing employment and 19% earning a college degree or certificate. Moreover, 70% of youth enrolled in PESS demonstrated progress towards completing their college degrees. These statistics underscore the effectiveness of Vita Nova's mission and the positive impact it has on the lives of the young adults they serve.
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Impact
July, 2024
Vita Nova Inc's impact is significant in providing a safe bridge to independence for former foster care, LGBTQ, and other homeless youth aged 18-25 in Palm Beach County. Through their supportive housing, education, employment, and life skills training programs, Vita Nova Independent Living Services has successfully served 88 youth this year alone.
It is noteworthy that 59% of youth involved in the Post-Secondary Education & Supports program are employed, indicating the success of the program in facilitating their transition to independence. Additionally, 19% of youth in the program have earned a college degree or certificate, showcasing Vita Nova's commitment to supporting educational pursuits. Moreover, 70% of participants have shown progress towards a college degree, demonstrating the effectiveness of Vita Nova's initiatives in empowering these young individuals.
By offering essential services such as housing, mental health support, wellness programs, tutoring, substance abuse counseling, and financial assistance, Vita Nova continues to be a crucial resource for youth transitioning out of the foster care system and facing homelessness. Through their dedication to creating a supportive environment, Vita Nova Inc is truly making a positive impact on the lives of vulnerable youth in Palm Beach County.
This information is meant to be a general summary of Vita Nova 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 2023.
- Investment Income: $36,200
- Program Service Revenue: $58,168
- Gross Receipts: $4,130,812
Assets and Liabilities:
- Total Assets: $4,669,519
- Total Liabilities: $198,835
- Net Assets: $4,470,684
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Client Service Fees
Revenue
$58,168
Organization Details
Founding Year
1991
Principal Officer
Jeff Demario
Website
www.vitanovainc.orgNTEE Category
Code: P300 - Human services
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