West Palm Beach, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Vita Nova Inc, founded in 1991, is a community nonprofit in the Human Services sector that reported $3.9M in total revenue in fiscal year 2023.
Vita Nova is a safe bridge to independence for former foster care, LGBTQ and other homeless youth ages 18-25 in Palm Beach County through supportive housing, education, employment and life skills training.
Vita Nova Independent Living Services (VNILS)Vita Nova is the county's main provider for young adults from the foster care system, choosing Post-Secondary Education Supports and Services (PESS) and...
Vita Nova Independent Living Services (VNILS)Vita Nova is the county's main provider for young adults from the foster care system, choosing Post-Secondary Education Supports and Services (PESS) and Aftercare Services. Young adults in the PESS program receive assistance with enrolling, maintaining, and completing their post-secondary education, including certification for a trade. This program also assists young adults with financial literacy, housing, and other support to help them complete their education. Young adults enrolled in Aftercare Services receive support from Vita Nova in the areas of housing, mental health, wellness, tutoring, substance abuse, counseling, and financial assistance. Both services provide a bridge for young adults between the ages of 18 and 23 years old so they can continue to get help after traditional child welfare services have ended. Finally, Vita Nova currently provides case management services for the Fostering Youth to Independence (FYI) HUD Program. Individuals in this program receive a three-year housing choice voucher through HUD, and for the first eighteen months, they receive case management services from a Vita Nova Life Coach.Vita Nova served 102 young adults through Vita Nova Independent Living Services this year. > 65% of young adults involved in PESS [Post-Secondary Education & Supports]. > 50% of young adults utilize Aftercare services. > 65% of young adults were enrolled full time at an approved post-secondary educational institution. > 94% Overall Client Satisfaction indicated by young adults served.
Vita Nova HousingVita Nova Housing is a transformative program designed to empower youth who are homeless or at risk of homelessness by helping them develop the skills necessary to live...
Vita Nova HousingVita Nova Housing is a transformative program designed to empower youth who are homeless or at risk of homelessness by helping them develop the skills necessary to live independently. The program focuses on five core areas: financial literacy, social and emotional health, vocational training, educational planning, and health and wellness.Through Vita Nova Housing, youth are connected with dedicated housing case managers and receive hands-on training in essential life skills such as cooking, cleaning, managing personal finances, preparing for employment, and maintaining physical and mental well-being.This year, Vita Nova proudly housed and supported a total of 134 youth across its housing and assistance programs-demonstrating the organization's ongoing commitment to long-term, sustainable impact.Vita Nova Village Transitional Living served 53 young adults, providing stable housing and comprehensive life-skills development to support their journey toward independence.Through the Youth Homelessness Demonstration Program (YHDP)including Rapid Rehousing, Transitional Housing, and Diversion services - 58 youth received individualized housing support.FAA Permanent Supportive Housing offered long-term stability to 9 youth.Boynton Beach Youth Haven provided 14 youth with rental assistance and case management services.The Housing Plus Low-Acuity Youth Program supported 18 youth in low-barrier, supportive housing environments.Key Outcomes:Youth in Vita Nova Housing gain valuable financial literacy skills to manage their money confidently and responsibly.Every resident receives comprehensive life skills training that prepares them for success in employment, education, housing stability, health, and overall well-being.The Vita Nova Housing Team continues to be a beacon of hope offering not just housing, but empowerment, opportunity, and the critical tools young people need to achieve a self-sufficient future.
The SpotVita Nova operates the only drop-in center for homeless youth and youth at-risk of homelessness in Palm Beach County, called the Spot. The Spot is in West Palm Beach where it is a safe and...
The SpotVita Nova operates the only drop-in center for homeless youth and youth at-risk of homelessness in Palm Beach County, called the Spot. The Spot is in West Palm Beach where it is a safe and non-judgmental center for youth ages 18-25 years old. The Spot team readily provides access to many of the services and resources required to help transition a youth quickly from experiencing homelessness to safe housing and aid with basic needs. The Spot team consists of an Intake Specialist providing youth with their initial contact for services and assessment of their needs, a Licensed Clinical Therapist to address overall wellness, a Health Care Specialist helping youth find affordable health care insurance and connections to health care professionals and services, Employment Case Managers to help youth connect to employment opportunities, life skills, and education assistance; and an Outreach Coordinator that provides linkage to the community to provide resources and information on services that is provided by the Spot to other organizations and community youth. The Spot features a computer lab, shower, music therapy room, laundry services, clothing closet, kitchen, and food pantry with shelf stable foods and fresh produce and meats, hygiene, and health essentials.The Spot served 450 youth during the current year.> 81% of Disconnected youth received Pathways to Employment referrals connecting them with employment opportunities including job search skills training and post placement support. > 47% of Disconnected youth received Mental Health referrals including trauma informed care.> 46% of Disconnected youth received Healthcare Coordination referrals and assistance. > 100% of all youth at risk of or experiencing homelessness participate in Intake and Assessment services resulting in linkages to community supports.The Spot drop in center provided the following services:> 644 Clothing Closet units to 127 unduplicated youth providing them with basic clothing needs as well as appropriate apparel for job interviews and on the job requirements.> 1,797 Food pantry units to 211 unduplicated young people offering them healthy nutritional food and hygiene products that are otherwise not available to them.> 405 on site showers to 81 unduplicated homeless youth in our safe and clean place to take care of their personal hygiene.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,885,891 | $4,054,411 | 0.0% |
| Expenses | $4,062,425 | $3,543,681 | +0.1% |
| Net Income | $-176,534 | $510,730 | -1.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Larry Dugan CPA | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Vassilia Binensztok | Vice Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sarah McKnight | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michael Branch | Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kristy Pressly | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Kathleen Spears | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Jose Coto | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Toby Pina | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Edward DeVarona | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Kevin McGann | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Jeff DeMario | CEO | 50.00 |
Officer
|
$169,888 | $12,177 | $182,065 |
| Dorla Leslie | CFO | 50.00 |
Officer
|
$141,055 | $11,775 | $152,830 |
| Darlene Williamson | COO | 40.00 |
Officer
|
$103,053 | $2,905 | $105,958 |
| Ashley Kerwin Berry | Dir Development and Community Relations | 40.00 |
Highest
|
$105,094 | $10,612 | $115,706 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,885,891 | $4,062,425 | $5,883,537 | $-176,534 |
| 2023 | $4,054,411 | $3,543,681 | $6,091,278 | $510,730 |
| 2023 | $4,054,411 | $3,543,681 | $6,091,278 | $510,730 |
| 2022 | $3,212,831 | $3,407,092 | $4,669,519 | $-194,261 |
| 2021 | $3,332,832 | $2,841,097 | $5,013,383 | $491,735 |
| 2020 | $2,903,317 | $2,496,256 | $4,689,315 | $407,061 |
| 2019 | $2,398,142 | $2,239,775 | $4,026,373 | $158,367 |
| 2018 | $1,879,502 | $2,061,539 | $3,884,239 | $-182,037 |
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