Overview
What is New Directions Inc?
New Directions Inc, located in Los Angeles, California, is a nonprofit organization primarily dedicated to supporting veterans who served in the military. The organization, known as New Directions for Veterans, operates under the mission to empower these individuals and their families to lead fulfilling lives. The nonprofit manages a transitional shelter, Building 116, which houses up to 161 veterans and provides them with a place to stay for up to 24 months. In 2021, the transitional shelter served 128 veterans, offering case management, clothing, food, housing location and placement, individual and group therapy, job training and placement, legal assistance, mental health treatment, remedial education, substance abuse treatment, and transportation. Beyond basic necessities, the organization also provides services such as job training, mental health treatment, and legal assistance to help veterans transition smoothly back into civilian life. The New Directions Inc team consists of 106 dedicated employees, working tirelessly to help veterans achieve their goals and lead productive lives.
Official website here: www.ndvets.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 85% - Three-Star out of Four Star rating
New Directions Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The organization scored particularly well in key areas such as having a fully independent board and maintaining transparency with policies related to conflict of interest and whistleblower protections. Their low liabilities to assets ratio also suggests effective management of resources.
The charity's program expense ratio stands at an impressive 79.33%, demonstrating a strong commitment to funneling funds directly into their programs rather than administrative costs. This high percentage indicates that a significant portion of their financial resources is allocated toward fulfilling their mission, which is essential for potential donors to consider.
While the overall rating is positive, the Three-Star designation suggests there is room for improvement. Stakeholders may want to look for further details on program outcomes and overall impact to gain a comprehensive understanding of the organization's effectiveness in achieving its goals.
This AI summary has been generated from information found on Charity Navigator.
Is New Directions Inc legitimate?
New Directions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Directions 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: $215,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,817,963
For more financial information, click here
Official website here: www.ndvets.org
What is the mission statement of New Directions Inc?
The mission of New Directions Inc is to empower individuals who have served in the military and their families, enabling them to lead productive and fulfilling lives. Established under the general nonprofit laws of California, the organization's purpose is to provide support and resources that help these individuals transition smoothly back into civilian life.
New Directions Inc offers a variety of services, such as case management, clothing, food, housing assistance, job training, legal aid, mental health treatment, remedial education, substance abuse treatment, and transportation. A notable example of their work is the VOC Program, which houses 161 beds in a transitional shelter for veterans, offering them a place to stay for up to 24 months. In 2021, this transitional shelter served 128 veterans and provided a range of support services to help them achieve stability and independence.
Official website here: www.ndvets.org
What is the revenue of New Directions Inc?
New Directions Inc's revenue in 2023 was $7,928,033.
Official website here: www.ndvets.org
Who are the executives of New Directions Inc and what are their salaries?
The average compensation at New Directions Inc during 2023 was $36,663. There are 110 employees and 200 volunteers at New Directions Inc.
Here are 15 key members and their salaries:
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- Compensation: $110,424
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- Compensation: $111,515
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- Other: $19,429
Official website here: www.ndvets.org
Where can I find the form 990 for New Directions Inc?
New Directions Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ndvets.org
Learn more at the official website: www.ndvets.org
Mission Statement of New Directions Inc
New Directions Inc, a non-profit organization, is dedicated to empowering men and women who have served in the military, as well as their families, to lead fulfilling and productive lives. The organization was established with the primary purpose of providing support to these individuals in their post-military journey.
New Directions Inc operates a transitional shelter, known as the VOC Program, funded by the LAHSA/VA Grant Per Diem. This shelter, located in Building 116, provides a home for veterans for up to two years. In 2021, the shelter served 128 veterans, offering them case management, clothing, food, housing location and placement, among other essential services.
The services provided by New Directions Inc extend beyond basic needs. They offer individual and group therapy, job training and placement, legal assistance, mental health treatment, remedial education, substance abuse treatment, and transportation. These comprehensive services aim to help veterans reintegrate into society and lead fulfilling lives.
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Impact
June, 2024
New Directions Inc, through its New Directions for Veterans mission, has a significant impact on empowering men and women who served in the military and their families to lead productive and fulfilling lives. In 2021, the organization's VOC Program, funded by LAHSA/VA Grant Per Diem, provided housing in a transitional shelter for 128 veterans, offering not just a place to stay but also comprehensive support services. These services included case management, clothing, food, housing location and placement, individual and group therapy, job training and placement, legal assistance, mental health treatment, remedial education, substance abuse treatment, and transportation. By addressing a wide range of needs, New Directions Inc is making a tangible difference in the lives of veterans and their families in the Los Angeles area.
This information is meant to be a general summary of New Directions 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: $5
- Program Service Revenue: $5,501,074
- Gross Receipts: $7,993,290
Assets and Liabilities:
- Total Assets: $4,505,811
- Total Liabilities: $895,897
- Net Assets: $3,609,914
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE FOR SERVICE
Revenue
$3,869,360
PROGRAM INCOME
Revenue
$1,295,204
DEVELOPER FEE
Revenue
$279,001
PARTNERSHIP MANAGEMENT
Revenue
$57,509
Organization Details
Founding Year
1992
Principal Officer
Rudy Grimaldo
Website
www.ndvets.orgNTEE Category
Code: F20 - Mental health
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