Overview

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Est.

1979

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The New World Center Foundation Inc, identified by EIN 59-1936652, is a nonprofit organization dedicated to community improvement in Miami, Florida. With an operating budget of $1.7 million and total revenue of $1.9 million for the 2024 filing year, its mission focuses on assisting the city and civic bodies in eliminating community deterioration while fostering the renewal, redevelopment, and improvement of the downtown area to enhance the general welfare of the city. The foundation does not rely on a single funder for 50% or more of its revenue.

Mission Statement

ASSIST THE CITY OF MIAMI, FLORIDA AND OTHER CIVIC BODIES WITH THE OBJECTIVE OF ELIMINATING COMMUNITY DETERIORATION AND FOSTERING THE RENEWAL REDEVELOPMENT AND IMPROVEMENT OF PRIMARILY THE THE DOWNTOWN AREA OF MIAMI TO PROMOTE THE GENERAL WELFARE OF THE CITY.
Revenues
$1.9M
Expenses
$1.7M
Net Income:
+$163.1K
Assets
$9.6M
Liabilities
$2.9M
Net Assets:
+$6.7M
Operating Budget
$1.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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J
Janitza Torres Sadolin
Board Member
G
Gerard Guarch
Board Member
S
Steven Zorn
Board Member

Frequently Asked Questions

What is THE NEW WORLD CENTER FOUNDATION INC’s budget?
In 2024, THE NEW WORLD CENTER FOUNDATION INC reported an annual operating budget of around $1.7 million. More detailed financial information is available to registered users.
What causes does THE NEW WORLD CENTER FOUNDATION INC support?
THE NEW WORLD CENTER FOUNDATION INC supports work in Community improvement.
Where does THE NEW WORLD CENTER FOUNDATION INC operate?
THE NEW WORLD CENTER FOUNDATION INC is headquartered in Miami, FL.
What is THE NEW WORLD CENTER FOUNDATION INC’s reliance on government grants?
THE NEW WORLD CENTER FOUNDATION INC relied on government grants for less than 5% of their total revenue in 2024.