Sf New Deal

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

EIN: 850498939 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Sf New Deal?

Sf New Deal is a California-based nonprofit organization situated in San Francisco, dedicated to empowering under-resourced small business owners by providing them with essential resources and opportunities. Their primary activities include offering grants, technical assistance, and training to enhance business capacity and resilience. They further support businesses in transitioning to reusable foodware, assist in securing permanent parklets, and facilitate language skills development for employees, fostering team unity and advancement opportunities. Additionally, Sf New Deal generates revenue for small businesses through collaborative community feeding programs, delivering culturally responsive meals to vulnerable populations. Overall, their goal is to strengthen neighborhoods by helping small businesses succeed.


Official website here: www.sfnewdeal.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Star rating)

Sf New Deal has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and transparency within the organization. With a robust Accountability & Finance score of 88 and an impressive Culture & Community score of 97, the charity demonstrates strong governance practices, evidenced by having 100% independent board members and excellent performance in financial audits.

The organization excels in its financial management, with a program expense ratio of 78.13%, signifying a strong commitment to mission-driven spending. Notably, they have zero material diversion of assets and a favorable liabilities to assets ratio of 4.13%. Additionally, Sf New Deal prioritizes constituent engagement, achieving perfect scores in feedback collection and usage, showcasing their responsiveness and dedication to the communities they serve.

While the organization has shown remarkable strengths, continued emphasis on collecting and utilizing feedback may present challenges as they grow. Nonetheless, the high scores across various metrics reflect a strong operational foundation and an effective approach to fulfilling their mission.


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

Is Sf New Deal legitimate?

Sf New Deal is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sf New Deal 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: $217,752
Professional Fundraising Fees: $0
Other Salaries and Wages: $954,887

For more financial information, click here


Official website here: www.sfnewdeal.org

What is the mission statement of Sf New Deal?

Sf New Deal, a California-based nonprofit organization, is committed to strengthening neighborhoods by facilitating the success of under-resourced small businesses. Their mission involves providing direct grants, technical assistance, and training to enhance the capacity and resilience of small businesses, addressing various challenges they face. The organization has initiatives such as supporting the transition to reusable foodware and aiding in the compliance of outdoor dining spaces. Furthermore, Sf New Deal generates revenue for small businesses through partnerships with community feeding programs, delivering meals to those in need while providing a consistent income source for under-resourced businesses.


Official website here: www.sfnewdeal.org

Who is the CEO of Sf New Deal?

Ken Shear is the Treasurer of Sf New Deal.


Official website here: www.sfnewdeal.org

What is the revenue of Sf New Deal?

Sf New Deal's revenue in 2022 was $1,202,730.


Official website here: www.sfnewdeal.org

Who are the executives of Sf New Deal and what are their salaries?

The average compensation at Sf New Deal during 2022 was $48,860. There are 24 employees and 77 volunteers at Sf New Deal.


Here are 7 key members and their salaries:


Jenais Zarlin (Chief Impact Off.)
  • Compensation: $147,769
  • Related: $0
  • Other: $0
Simon Bertrang (Executive Dir.)
  • Compensation: $69,983
  • Related: $0
  • Other: $1,558
Lenore Estrada (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simileoluwa Adebajo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Shear (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Burns (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Bass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sfnewdeal.org

Where can I find the form 990 for Sf New Deal?

Sf New Deal's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sfnewdeal.org

Learn more at the official website: www.sfnewdeal.org

Mission Statement of Sf New Deal

Sf New Deal, a California-based nonprofit organization, is dedicated to strengthening neighborhoods by making it easier for under-resourced small business owners to thrive. The organization's mission is centered around providing direct grants, technical assistance, and training to these small businesses. By doing so, Sf New Deal aims to address challenges faced by these businesses and build their capacity and resiliency.

In addition to grant and training support, Sf New Deal also focuses on generating revenue for small businesses. They achieve this by partnering with these businesses to provide meals for community feeding programs. By doing so, they not only help under-resourced small businesses secure a reliable source of income but also ensure that neighbors in need have access to nutritious meals. In 2022, Sf New Deal operated five such community feeding programs, catering to diverse populations and needs.

In summary, Sf New Deal is a nonprofit organization that works tirelessly to support under-resourced small business owners. By providing grants, technical assistance, and training, the organization helps these businesses overcome challenges and build their capacity. Additionally, Sf New Deal generates revenue for these businesses through meal purchases for community feeding programs, thereby ensuring that neighbors in need have access to nutritious meals.

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Impact




July, 2024

SF New Deal's impact can be seen in various ways. Firstly, the organization provided direct grants, technical assistance, and training to small businesses in San Francisco, helping to strengthen their capacity and resilience. This support included aiding businesses in transitioning to more sustainable practices, such as moving away from single-use disposable items to reusable options.

Additionally, SF New Deal generated revenue for small businesses by purchasing meals from them for community feeding programs. This not only provided a reliable source of income for these businesses but also allowed them to contribute to feeding neighbors in need through various programs tailored to specific community populations.

Overall, SF New Deal's efforts have had a tangible impact on under-resourced small business owners in San Francisco, helping them thrive and contribute positively to their neighborhoods while also addressing important community needs.




This information is meant to be a general summary of Sf New Deal. 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
$1,202,730 (2022)
Expenses
$1,892,299 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$266
  • Program Service Revenue: -$49,460
  • Gross Receipts: $1,202,730

Assets and Liabilities:

  • Total Assets: $7,285,835
  • Total Liabilities: $301,061
  • Net Assets: $6,984,774

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Meal Sales

Revenue

-$50,460

Program Service Fee

Revenue

$1,000

Organization Details

Founding Year

2020

Principal Officer

Ken Shear

Main Address

60 29th Street 310, San Francisco, CA, 94110

NTEE Category

Code: P20 - Human services

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