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Education : Youth Education Programs and Services

New Door Ventures

Ready for work and life

four stars

90.49

3221 20th Street San Francisco, CA 94110
tel: (415) 857-9405   Web Site
EIN: 94-2780274

Board Leadership
Bob Ceremsak
Chair

CEO
Omar Butler
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 90.49 four stars
  Financial 86.56 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2021 and includes data from FY2019, the most recent 990 received at that time.

New Door Ventures helps at-risk youth get ready for work and life. Through real opportunities to work and learn, we provide assistance to young people ages 16-21 who need support in making the increasingly difficult transition to adulthood. We provide youth with the meaningful jobs and training that they need to succeed in the workplace, and the personal support they need for the rest of life. We offer a comprehensive approach to helping youth succeed through: jobs, job readiness, supportive community.

New Door Ventures helps at-risk youth get ready for work and life. Through real opportunities to work and learn, we provide assistance to young people ages 16-21 who need support in making the increasingly difficult transition to adulthood. We provide youth with the meaningful jobs and training that they need to succeed in the workplace, and the personal support they need for the rest of life. We offer a comprehensive approach to helping youth succeed through: jobs, job readiness, supportive community.

Financial

three stars

86.56

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.6%
  Administrative Expenses 7.9%
  Fundraising Expenses 10.4%
  Fundraising Efficiency $0.18
  Working Capital Ratio (years) 1.50
  Program Expenses Growth 1.5%
  Liabilities to Assets 4.4%
All data for Financial Performance Metrics calculations was provided by New Door Ventures on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by New Door Ventures on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
New Door Ventures (CA) 90.49 four stars
One Million Degrees (IL) 90.46 four stars
Center for Excellence in Education (VA) 91.28 four stars
PUENTE Learning Center (CA) 87.52 three stars
The Shawn Carter Foundation (FL) 85.81 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $5,292,144
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $25,064
   Related Organizations $0
   Government Grants $0
Total Contributions $5,317,208
   Program Service Revenue $3,151,001
Total Primary Revenue $8,468,209
   Other Revenue $118,180
TOTAL REVENUE $8,586,389
   
EXPENSES  
   Program Expenses $5,700,234
   Administrative Expenses $612,419
   Fundraising Expenses $689,664
TOTAL FUNCTIONAL EXPENSES $7,002,317
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,584,072
   
Net Assets $10,319,684

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Employment and Life-Skill Training Program $2,616,666 45.9%
Ashbury Images $2,183,831 38.3%
Pedal Revolution $765,650 13.4%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 06/01/2021 90.49 four stars
2018-12 03/01/2020 88.19 three stars
2017-12 04/01/2019 86.79 three stars
2016-12 05/01/2018 90.23 four stars
2015-12 12/01/2017 89.81 three stars
2015-12 05/01/2017 88.67 three stars
2014-12 06/01/2016 90.76 four stars
 
CN 2.0
2014-12 04/01/2016 92.18 four stars
2013-12 06/01/2015 88.67 three stars
2012-12 02/01/2014 93.57 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 94-2780274
Name in IRS Master File NEW DOOR VENTURES
NTEE Code L41
NTEE Classification Homeless, Temporary Shelter For
NTEE Type Housing, Shelter
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (6) Missionary activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1983
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$29,037 0.41% Omar Butler CEO, President & Director
Other Salaries of Note
$246,727 3.52% Teresa Reynolds Former CEO, President & Director

Highly Rated

Charity Name & State Overall Score Overall Rating
New Door Ventures (CA) 90.49 four stars
Educando by Worldfund (DC) 91.26 four stars
The Shawn Carter Foundation (FL) 85.81 three stars
Sponsors for Educational Opportunity (SEO) (NY) 97.86 four stars
Bottom Line (MA) 90.78 four stars

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Charity Contact Info

New Door Ventures
3221 20th Street
San Francisco, CA 94110
tel: (415) 857-9405
EIN: 94-2780274

Visit Web Site

Board Leadership

Bob Ceremsak
Chair

CEO

Omar Butler
Chief Executive Officer

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