Overview
What is New Promise Foundation Inc?
New Promise Foundation Inc is a charitable organization based in Bristol, Pennsylvania, with a mission to aid children who have endured hardships beyond their control, such as severe illness, accidents caused by drunk drivers, family tragedies, and conflicts from war. The foundation's primary objective is to assist these families in recovering from their misfortunes and to alleviate the resulting financial burdens by providing aid for medical, physical, and mental rehabilitation expenses. By offering support, the foundation aims to help the children recover their lives and improve their futures.
Official website here: www.npro.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (53%)
New Promise Foundation Inc has received a low rating of 53% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members and has numerous missing policies, such as conflict of interest and whistleblower policies, which are critical for governance and transparency. These shortcomings contribute to its low score in several key areas.
Despite its financial weaknesses, New Promise Foundation Inc demonstrates a strong commitment to program expenses, with an impressive program expense ratio of 80.14%. This suggests that a majority of its funds are allocated towards its programs rather than administrative costs, which is often a positive sign for donors looking to support effective organizations. However, the absence of documented board meeting minutes and failure to post tax documents online raises questions about its operational transparency.
Overall, while the foundation is effectively utilizing its resources for programmatic purposes, its governance issues and lack of transparency present significant challenges. Prospective donors may want to consider these factors carefully before contributing to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is New Promise Foundation Inc legitimate?
New Promise Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Promise 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: $0
For more financial information, click here
Official website here: www.npro.org
What is the mission statement of New Promise Foundation Inc?
New Promise Foundation Inc aims to assist children who have experienced hardships due to circumstances beyond their control, such as severe illness, accidents caused by drunk drivers, family deaths, war conflicts, and more. Their goal is to help these children recover and improve their lives by providing resources for medical, physical, and mental rehabilitation. Additionally, the organization aims to alleviate the financial burdens these families face during recovery.
Official website here: www.npro.org
Who is the CEO of New Promise Foundation Inc?
Joanna Kaniewska is the Director of New Promise Foundation Inc.
Official website here: www.npro.org
What is the revenue of New Promise Foundation Inc?
New Promise Foundation Inc's revenue in 2022 was $430,044.
Official website here: www.npro.org
Who are the executives of New Promise Foundation Inc and what are their salaries?
There 10 volunteers at New Promise Foundation Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.npro.org
Where can I find the form 990 for New Promise Foundation Inc?
New Promise Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.npro.org
Learn more at the official website: www.npro.org
Mission Statement of New Promise Foundation Inc
The New Promise Foundation, a charitable organization, was established with a mission to aid children whose lives have been adversely affected by circumstances beyond their control. These circumstances may include severe illness, accidents caused by drunk drivers, family tragedies, war conflicts, and other challenging events. The primary goal of the Foundation is to help these children recuperate and improve their futures.
In pursuit of this mission, the New Promise Foundation endeavors to assist families in recovering from these hardships. This support encompasses medical, physical, and mental rehabilitation expenses. The organization aims to alleviate the financial burdens that these families may face during their recovery process. By providing financial aid, the Foundation hopes to enable these families to focus on healing and rebuilding their lives.
In essence, the New Promise Foundation serves as a beacon of hope for these children and families, offering them a chance to overcome their hardships and create a brighter future.
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Impact
June, 2024
New Promise Foundation Inc has had a significant impact on the lives of children who have faced traumatic events beyond their control. By providing support to those affected by severe illness, drunk driving incidents, loss in the family, war conflicts, and other challenging circumstances, the foundation has played a crucial role in helping these children recover and build better futures. Through their efforts to assist with medical, physical, and mental rehabilitation expenses, New Promise Foundation has alleviated the financial burdens for families in need. This organization's dedication to improving the well-being of children in distress is reflected in their mission to help these young individuals recuperate and thrive despite adversity.
This information is meant to be a general summary of New Promise 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 2022.
- Investment Income: $2,529
- Gross Receipts: $430,044
Assets and Liabilities:
- Total Assets: $943,883
- Total Liabilities: $32
- Net Assets: $943,851
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Organization Details
Founding Year
2020
Phone
(215) 458-8521Principal Officer
Joanna Kaniewska
Main Address
400 CROSSINGS DR, BRISTOL, PA, 19007
Website
www.npro.orgNTEE Category
Code: F12 - Mental health
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