Overview
What is Breaktime United Inc?
Breaktime United Inc is a Boston-based nonprofit organization dedicated to addressing young adult homelessness. They accomplish this through their Double Impact Initiative, a 15-week transitional employment program. This program equips participants with necessary job skills, financial stability, and meaningful community work experiences. Breaktime collaborates with other nonprofits providing transitional housing and case management, recruiting young adults to participate in the program. After a two-week training period, participants are co-funded to work at local nonprofits and community organizations for three months. By offering early intervention, Breaktime aims to combat chronic homelessness and empower young adults to become changemakers in their communities. Their mission is to launch the careers of homeless young adults and bolster the health of their communities. They currently employ 77 individuals.
Official website here: www.breaktime.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Breaktime United Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong organizational performance and financial health. With an impressive Accountability & Finance score of 90 and perfect scores in Culture & Community, Leadership, and Adaptability, Breaktime demonstrates a solid commitment to operational excellence. The high Program Expense Ratio of 84.42% indicates that a significant portion of its budget is directed towards its programs, which is a positive sign for donors.
The organization benefits from a majority independent board, with 80% of its members meeting this criterion, promoting transparency and accountability. Notably, Breaktime's financial oversight is robust, as indicated by its perfect score in audit and oversight, as well as a low liabilities to assets ratio of 4.29%. However, the absence of policies related to whistleblower protections and document retention may raise concerns regarding comprehensive governance practices.
Overall, Breaktime United Inc stands out for its dedication to feedback collection and usage, achieving perfect scores in these areas, which highlights its responsiveness to the needs of the community it serves. Despite minor governance gaps, the nonprofit's strengths in leadership and adaptability position it well to navigate future challenges and maintain its mission-driven focus.
This AI summary has been generated from information found on Charity Navigator.
Is Breaktime United Inc legitimate?
Breaktime United Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Breaktime United 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: $167,035
Professional Fundraising Fees: $0
Other Salaries and Wages: $552,484
For more financial information, click here
Official website here: www.breaktime.org
What is the mission statement of Breaktime United Inc?
Breaktime United Inc is committed to ending young adult homelessness by providing purposeful transitional employment and financial empowerment. Their mission is to equip young adults experiencing homelessness with job skills and financial stability, engage them in meaningful community work, and empower them to see their potential. The organization recruits young adults from transitional housing and case management non-profits, provides a 15-week training program, and co-funds their wages to work at local non-profits and community organizations for three months. Through this early intervention, Breaktime combats long-term chronic homelessness and supports young adults in becoming community changemakers. The goal of their 15-week program, known as the Double Impact Initiative, is to launch the careers of young adults experiencing homelessness and empower them through purposeful transitional employment that promotes the health and wellbeing of their communities.
Official website here: www.breaktime.org
Who is the CEO of Breaktime United Inc?
Connor Schoen is the Co-Founder/E of Breaktime United Inc.
Official website here: www.breaktime.org
What is the revenue of Breaktime United Inc?
Breaktime United Inc's revenue in 2021 was $1,444,193.
Official website here: www.breaktime.org
Who are the executives of Breaktime United Inc and what are their salaries?
The average compensation at Breaktime United Inc during 2021 was $9,344. There are 77 employees at Breaktime United Inc.
Here are 7 key members and their salaries:
- Compensation: $118,900
- Related: $0
- Other: $39,237
- Compensation: $48,135
- Related: $0
- Other: $15,885
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.breaktime.org
Where can I find the form 990 for Breaktime United Inc?
Breaktime United Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.breaktime.org
Learn more at the official website: www.breaktime.org
Mission Statement of Breaktime United Inc
Breaktime United Inc, a nonprofit organization, is committed to ending young adult homelessness through purposeful transitional employment and financial empowerment. Their mission is to empower young adults experiencing homelessness by equipping them with necessary job skills and financial stability, engaging them in meaningful community work, and fostering a sense of self-worth. By recruiting young adults from other nonprofits providing transitional housing and case management, Breaktime United Inc provides co-funded wages for these individuals to work at local nonprofits and community organizations for three months. This early intervention combats long-term chronic homelessness and supports young adults in becoming changemakers in their communities. The organization's 15-week Purposeful Transitional Employment Program, known as the Double Impact Initiative, aims to launch the careers of young adults experiencing homelessness and empower them through purposeful employment that promotes the health and wellbeing of their communities. Breaktime United Inc believes in the power and potential of all young people to contribute to their communities and believes that the opportunity to give back to others is just as transformative as the job itself.
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Impact
July, 2024
Breaktime United Inc's impact can be seen in the tangible difference it makes in the lives of young adults experiencing homelessness. Through its purposeful transitional employment program, the Double Impact Initiative, Breaktime equips participants with job skills and financial stability for long-term success. By providing meaningful work in the community and empowering young adults to recognize their potential, Breaktime supports these individuals in securing stable employment and permanent housing.
Furthermore, Breaktime's model not only addresses the immediate needs of young adults facing homelessness but also fosters a sense of empowerment and purpose. By co-funding wages for associates to work at local businesses and community organizations, Breaktime promotes community engagement and encourages young adults to become changemakers in their communities.
Ultimately, Breaktime United Inc's impact extends beyond simply providing employment opportunities; it creates pathways for young adults to lead stable lives while instilling in them a sense of purpose and perspective to make a positive difference in their communities. This holistic approach to combating homelessness and promoting financial empowerment demonstrates Breaktime's commitment to transforming the lives of young adults and the health of their communities.
This information is meant to be a general summary of Breaktime United 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.
- Investment Income: $63
- Program Service Revenue: $81,984
- Gross Receipts: $1,444,193
Assets and Liabilities:
- Total Assets: $1,085,858
- Total Liabilities: $30,894
- Net Assets: $1,054,964
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$81,984
Organization Details
Founding Year
2019
Phone
(508) 319-1679Principal Officer
Connor Schoen
Main Address
170 PORTLAND STREET, BOSTON, MA, 02114
Website
www.breaktime.orgNTEE Category
Code: J22 - Employment
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