Overview
What is New Ventures Enterprises Inc?
New Ventures Enterprises Inc, situated in LaGrange, Georgia, is a nonprofit organization that primarily focuses on creating employment opportunities for individuals with significant disabilities. They provide comprehensive educational, therapeutic, and vocational evaluations, supported employment, and job placement services to enable these individuals to integrate into the workforce. To ensure a holistic approach, they collaborate with various local agencies, the Department of Vocational Rehabilitation, and other relevant entities to offer a wide range of training, therapy, and job placement programs tailored to individuals' unique needs. With a team of 11 dedicated professionals, New Ventures Enterprises Inc is committed to empowering individuals with disabilities and fostering their successful integration into the workforce.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
New Ventures Enterprises Inc has received an overall score of 82%, indicating a solid level of accountability and financial health. This score is derived solely from the Accountability & Finance beacon, suggesting that the organization is effective in managing its resources and maintaining transparency in its financial practices.
The organization boasts a fully independent board, with all board members meeting independence criteria, which enhances its governance and decision-making processes. With a high program expense ratio of 88.90%, New Ventures Enterprises demonstrates a commitment to directing funds towards its mission-related activities rather than administrative costs.
While the rating highlights many strengths, it is important for potential donors and stakeholders to consider the single focus on accountability and finance, as there may be other aspects of the organization's performance that are not reflected in this score. Overall, New Ventures Enterprises Inc appears to be a responsible non-profit with effective governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is New Ventures Enterprises Inc legitimate?
New Ventures Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Ventures Enterprises 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: $553,281
For more financial information, click here
What is the mission statement of New Ventures Enterprises Inc?
New Ventures Enterprises Inc's mission is centered around providing comprehensive educational, therapeutic, and vocational evaluations and services for individuals with disabilities. The organization aims to coordinate and implement the offerings of various local agencies, the Department of Vocational Rehabilitation, and other relevant entities to secure suitable educational, therapeutic, and vocational training for individuals requiring additional training, therapy, and job placement programs. Furthermore, New Ventures Enterprises Inc strives to create employment opportunities for people with significant disabilities.
Who is the CEO of New Ventures Enterprises Inc?
Mike Wilson is the Board Chair of New Ventures Enterprises Inc. The CEO's salary of New Ventures Enterprises Inc is $0 and their total compensation is $92,956.
What is the revenue of New Ventures Enterprises Inc?
New Ventures Enterprises Inc's revenue in 2023 was $1,327,168.
Who are the executives of New Ventures Enterprises Inc and what are their salaries?
The average compensation at New Ventures Enterprises Inc during 2023 was $50,298. There are 11 employees at New Ventures Enterprises Inc.
Here are 5 key members and their salaries (New Ventures Enterprises Inc's CEO's salary is $0 and their total compensation is $92,956):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $92,956
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New Ventures Enterprises Inc?
New Ventures Enterprises Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of New Ventures Enterprises Inc
New Ventures Enterprises Inc, a nonprofit organization, is dedicated to coordinating and implementing comprehensive educational, therapeutic, and vocational evaluations, supported employment, and job placement services for individuals with disabilities. Their mission is to facilitate access to various local agencies, the Department of Vocational Rehabilitation, and other appropriate facilities and services, ensuring that individuals in need of additional training, therapy, and job placement programs receive the necessary support. The ultimate goal of New Ventures Enterprises Inc is to create employment opportunities for people with significant disabilities, thereby empowering them to lead fulfilling and independent lives.
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Impact
July, 2024
New Ventures Enterprises Inc is making a significant impact by providing comprehensive educational, therapeutic, and vocational evaluations, as well as supported employment and job placement services for individuals with disabilities. Their mission to create employment opportunities for people with significant disabilities is commendable and necessary in fostering inclusivity in the workforce. By coordinating and implementing services with local agencies, the Department of Vocational Rehabilitation, and other relevant organizations, they are helping individuals secure the necessary training, therapy, and job placement programs needed for their success. Through their dedication to human services, New Ventures Enterprises Inc is playing a crucial role in empowering individuals with disabilities to thrive in the workforce and society.
This information is meant to be a general summary of New Ventures Enterprises 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: $1,339
- Program Service Revenue: $1,160,062
- Gross Receipts: $1,327,168
Assets and Liabilities:
- Total Assets: $1,824,176
- Total Liabilities: $172,017
- Net Assets: $1,652,159
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLEANING SERVICES
Revenue
$1,087,797
PRODUCTION INCOME
Revenue
$50,449
LANDSCAPING SERVICES
Revenue
$21,816
Organization Details
Founding Year
2002
Phone
(706) 882-7723Principal Officer
Mike Wilson
Main Address
150 LUKKEN INDUSTRIAL DR E, LAGRANGE, GA, 30241
NTEE Category
Code: P20 - Human services
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