Overview
What is Fresh Start Pallet Products Inc?
Fresh Start Pallet Products Inc is a Hartford, Connecticut-based nonprofit organization that specializes in providing job skills training in woodworking and carpentry. Their mission is to support individuals classified as economically disadvantaged by public service providers, such as the homeless, addicts, ex-convicts, and long-term unemployed. The organization achieves this by offering meaningful job and life skills development through comprehensive training programs in woodworking and carpentry. Their services also facilitate access to essential social services, provide personal and spiritual support, and generate revenue for trainees by repurposing discarded wood and other materials into high-quality furniture and custom creations. Fresh Start Pallet Products Inc employs 5-8 disadvantaged individuals directly and offers education and training annually to an additional 20-36 individuals, ultimately aiming for long-term successful job placements.
Official website here: www.freshstartpalletproducts
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Fresh Start Pallet Products Inc has received an overall rating of 85%, indicating a generally solid performance in accountability and financial health. The organization excels in transparency, with 100% of its board members being independent, and it maintains a high program expense ratio of 79.92%, reflecting a strong commitment to its mission. Additionally, it has demonstrated robust practices in gathering and utilizing constituent feedback, achieving perfect scores in these areas.
While Fresh Start has shown strength in its governance and financial management, there are some notable limitations. The organization lacks a whistleblower policy and a document retention and destruction policy, which could raise concerns about its internal controls and risk management. Furthermore, its equity data and policies received lower scores, suggesting room for improvement in addressing equity strategies within its operations.
Overall, Fresh Start Pallet Products Inc is recognized for its positive community impact and effective governance, but it should prioritize developing the missing policies to enhance its accountability and equity practices further.
This AI summary has been generated from information found on Charity Navigator.
Is Fresh Start Pallet Products Inc legitimate?
Fresh Start Pallet Products Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fresh Start Pallet Products 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: $63,462
Professional Fundraising Fees: $0
Other Salaries and Wages: $247,667
For more financial information, click here
Official website here: www.freshstartpalletproducts
What is the mission statement of Fresh Start Pallet Products Inc?
Fresh Start Pallet Products Inc's mission is centered around supporting individuals categorized as economically disadvantaged by public service providers. They achieve this by offering comprehensive job and life skills development programs, focusing on woodworking and carpentry. These services include providing job training and education, fostering life skills development, facilitating access to essential social services, offering personal and spiritual support, and creating a profitable revenue stream for trainees by repurposing discarded wood and other materials into high-quality furniture and custom creations.
Official website here: www.freshstartpalletproducts
What is the revenue of Fresh Start Pallet Products Inc?
Fresh Start Pallet Products Inc's revenue in 2023 was $768,886.
Official website here: www.freshstartpalletproducts
Who are the executives of Fresh Start Pallet Products Inc and what are their salaries?
The average compensation at Fresh Start Pallet Products Inc during 2023 was $28,284. There are 11 employees and 27 volunteers at Fresh Start Pallet Products Inc.
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- Compensation: $63,462
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Official website here: www.freshstartpalletproducts
Where can I find the form 990 for Fresh Start Pallet Products Inc?
Fresh Start Pallet Products Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.freshstartpalletproducts
Learn more at the official website: www.freshstartpalletproducts
Mission Statement of Fresh Start Pallet Products Inc
Fresh Start Pallet Products Inc, a nonprofit organization, is committed to supporting individuals classified as economically disadvantaged by public service providers. Their mission is twofold: firstly, to offer meaningful job and life skills development through education and training in woodworking and carpentry. This is achieved by providing hands-on training and education, as well as supporting the development of essential life skills.
Secondly, Fresh Start Pallet Products Inc aims to facilitate access to life-changing social services for these individuals. They offer personal and spiritual support throughout the training process, which not only equips them with valuable job skills but also empowers them to take control of their lives. The organization generates revenue for its trainees by repurposing discarded wood and other materials into high-quality furniture and custom creations. This dual focus on job skills development and revenue generation provides a sustainable source of income for the trainees, enabling them to rebuild their lives and break the cycle of economic disadvantage.
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Impact
July, 2024
Fresh Start Pallet Products Inc's impact is significant in providing meaningful job skills training and employment opportunities to economically disadvantaged individuals in Hartford, CT. By offering education and job training related to woodworking and carpentry, the organization empowers individuals afflicted by homelessness, addiction, incarceration, and chronic unemployment to develop valuable skills for long-term job placement. In addition to employing 5-8 disadvantaged individuals, Fresh Start Pallet Products Inc also provides education and training for 20 to 36 individuals annually, aiming to create positive change and opportunities for those in need.
This information is meant to be a general summary of Fresh Start Pallet Products 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: $270
- Program Service Revenue: $142,172
- Gross Receipts: $768,886
Assets and Liabilities:
- Total Assets: $227,549
- Total Liabilities: $13,877
- Net Assets: $213,672
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCT SALES
Revenue
$142,172
Organization Details
Founding Year
2018
Principal Officer
Carter James
Website
www.freshstartpalletproductsNTEE Category
Code: P20 - Human services
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