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New Hope Vocational Technical Inst

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 823392956 ✦ Fort pierce, FL ✦ Designated as a 501(c)(3)

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Overview

What is New Hope Vocational Technical Inst?

New Hope Vocational Technical Inst is a nonprofit organization situated in Fort Pierce, Florida. Its primary focus is on providing vocational and technical education for adults. This institution is dedicated to empowering individuals by offering them the necessary skills and knowledge required for various trades and professions. By engaging in vocational and technical adult education, New Hope Vocational Technical Inst aims to contribute positively to the community and its members' livelihoods.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 70%, Two-Star out of Four Star rating.

New Hope Vocational Technical Institute has received a Two-Star rating from Charity Navigator, reflecting a score of 70%. This rating suggests that while the organization demonstrates some strengths in accountability and finance, there are significant areas for improvement. The organization has a perfect score for the majority of independent board members and for its program expense ratio, indicating a commitment to proper governance and programmatic spending.

However, there are notable weaknesses, particularly in board size and transparency. The organization scored poorly in areas such as having its tax form listed on its website and maintaining a whistleblower policy, which raises concerns about transparency and governance practices. Additionally, the absence of a document retention policy could pose risks regarding the handling of organizational records.

Overall, while New Hope Vocational Technical Institute shows promise in certain financial metrics, its governance practices require attention to enhance credibility and trust with stakeholders. Addressing these limitations could improve its rating and effectiveness in serving its mission.


This AI summary has been generated from information found on Charity Navigator.

Is New Hope Vocational Technical Inst legitimate?

New Hope Vocational Technical Inst is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Vocational Technical Inst 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

What is the mission statement of New Hope Vocational Technical Inst?

New Hope Vocational Technical Inst is dedicated to providing vocational and technical education for adults. Their mission is centered around equipping individuals with the necessary skills for various industries, fostering personal growth and career advancement. The institution focuses on delivering practical, hands-on training to prepare adults for the workforce, contributing to their overall development and future success.

Who is the CEO of New Hope Vocational Technical Inst?

Donald C Putnam is the President of New Hope Vocational Technical Inst.

What is the revenue of New Hope Vocational Technical Inst?

New Hope Vocational Technical Inst's revenue in 2020 was $186,700.

Who are the executives of New Hope Vocational Technical Inst and what are their salaries?


Here are 2 key members and their salaries:


John A Heddings (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald C Putnam (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Hope Vocational Technical Inst?

New Hope Vocational Technical Inst's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of New Hope Vocational Technical Inst

New Hope Vocational Technical Institute is committed to providing vocational and technical education for adults. Their mission, in essence, is to equip individuals with the necessary skills for various professions through vocational and technical training. This institution aims to empower adults by offering them an avenue to acquire practical knowledge and competencies, thereby enhancing their employability and contributing to their personal growth.

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Impact




October, 2024

New Hope Vocational Technical Inst in Fort Pierce, FL, significantly impacts its community by providing essential vocational and technical education to adults. By equipping individuals with the skills and knowledge needed to succeed in various trades, the institution enhances employability and promotes economic self-sufficiency.

The school helps bridge the skills gap in the local workforce by offering practical, hands-on training in various fields. This dedicated approach not only empowers students but also contributes to the overall growth and resilience of the Fort Pierce economy. Through its programs, New Hope fosters personal development and encourages lifelong learning, which ultimately leads to a more skilled and competitive workforce. The institution serves as a crucial resource for adults seeking to advance their careers and improve their quality of life.




This information is meant to be a general summary of New Hope Vocational Technical Inst. 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.

Revenue
$186,700 (2020)
Expenses
$178,424 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $186,700

Assets and Liabilities:

  • Total Assets: $414,004
  • Total Liabilities: $0
  • Net Assets: $414,004

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Organization Details

Founding Year

2018

Principal Officer

Donald C Putnam

Main Address

3100 SAINT LUCIE BLVD, FORT PIERCE, FL, 34946

NTEE Category

Code: B30 - Education

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