Overview
What is Newton Services Foundation Inc?
Newton Services Foundation Inc, located in Flint, Michigan, is a nonprofit organization with a mission to inspire pro-social friendships, strengthen interpersonal skills, and instill hope for a better future. Their primary focus is on improving employment opportunities, currently working with their first beta customer to lower the barriers to gainful employment for their employees. They employ a contract labor model, utilizing their non-profit onboarding process, which also aims to decrease the attrition rate for both customers and employees by providing training and education on how to become productive employees. The organization has a substantial workforce of 1217 individuals dedicated to this mission.
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 83%, Three-Star out of Four Star Rating**
Newton Services Foundation Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. With an impressive program expense ratio of 96.18%, the organization demonstrates a strong commitment to allocating the majority of its funds directly towards its programs. However, the absence of financial statements and a website link on their tax form raises some transparency concerns.
The foundation's governance appears robust, with a majority of independent board members and well-documented policies in place, including conflict of interest and whistleblower protections. Its liabilities to assets ratio is also favorable, suggesting a manageable level of financial risk. Still, the lack of impact measurements and additional scoring in areas like leadership and culture suggests that there is room for improvement in demonstrating long-term effectiveness.
User reviews from GreatNonprofits were not available, so further public sentiment on the foundation’s services and impact could not be captured in this summary. Overall, the charity presents a solid foundation in terms of financial health and governance, making it a noteworthy option for potential donors interested in supporting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Newton Services Foundation Inc legitimate?
Newton Services Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newton Services Foundation 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: $6,392,653
For more financial information, click here
What is the mission statement of Newton Services Foundation Inc?
The mission of Newton Services Foundation Inc. is centered around inspiring pro-social friendships and fostering strong interpersonal skills. The organization aims to instill a sense of hope in individuals for their future. In addition, Newton Services Foundation Inc. provides services that aim to lower the barriers for gainful employment, working with their first beta customer to implement this concept. They also utilize a contract labor model, incorporating their non-profit onboarding process, with the goal of reducing the attrition rate for both customers and employees. This is achieved through training and teaching employees how to be productive in their roles.
Who is the CEO of Newton Services Foundation Inc?
Unavailable
What is the revenue of Newton Services Foundation Inc?
Newton Services Foundation Inc's revenue in 2021 was $10,102,149.
Who are the executives of Newton Services Foundation Inc and what are their salaries?
The average compensation at Newton Services Foundation Inc during 2021 was $5,253. There are 1217 employees at Newton Services Foundation Inc.
There is 1 key member and their salary:
- Compensation: $287,208
- Related: $0
- Other: $0
Where can I find the form 990 for Newton Services Foundation Inc?
Newton Services Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Newton Services Foundation Inc
Newton Services Foundation, a nonprofit organization, is committed to promoting pro-social friendships, fostering strong interpersonal skills, and instilling a sense of hope in individuals' futures. This mission is at the core of the foundation's activities, inspiring it to break down barriers to gainful employment and enhance the productivity of its employees.
The organization is currently working with its first beta customer to implement services that lower employment barriers. This initiative includes a contract labor model, utilizing the foundation's non-profit onboarding process. By doing so, Newton Services Foundation aims to decrease the attrition rate for both customers and employees. The foundation accomplishes this by providing training and education on how to be a productive worker. This approach not only benefits the organization's clients but also empowers their employees, fostering a sense of hope and motivation for a successful future.
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Impact
July, 2024
Newton Services Foundation Inc helps individuals in Flint, MI, by inspiring pro-social friendships, fostering strong interpersonal skills, and instilling hope in the future. They provide services that reduce barriers to gaining employment, such as their innovative contract labor model and nonprofit onboarding process. By offering training and support to help individuals become productive employees, Newton Services Foundation aims to lower attrition rates for both employees and customers. Their focus on education and skill-building contributes to a more empowered and employed community in Flint.
This information is meant to be a general summary of Newton Services Foundation 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.
- Program Service Revenue: $10,102,149
- Gross Receipts: $10,102,149
Assets and Liabilities:
- Total Assets: $4,757,092
- Total Liabilities: $1,219,435
- Net Assets: $3,537,657
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Staffing and Consulting
Revenue
$9,236,179
Management Fees
Revenue
$865,970
Organization Details
Founding Year
2016
Main Address
2370 S Linden Rd, Flint, MI, 48532
NTEE Category
Code: B60 - Education
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