New Paradigm Foundation Inc
2800 Placida Rd, Unit 111
Englewood FL 34224
Mission

The mission of The New Paradigm Foundation is to provide affordable transitional housing to families at risk of becoming homeless, while teaching them the skills necessary to live a life of self-sufficiency.

Leadership
CEO/Executive Director Mr. David Nelson
Board Chair Ms. Kathleen Nelson
Board Chair Company Affiliation The New Paradigm Foundation
History and Background
Tax Exempt Status Public Supported Charity
Awarded a competitive grant from Community Foundation in the last 5 years?
Incorporation Year 2001
Financial Summary
 
 
Projected Revenue $85,088.00
Projected Expenses $83,783.00
Additional Documents
IRS Letter of Determination
Paradigm IRS Determination Letter
State Info
State Charitable Solicitations Permit Yes June 2015
State Registration Yes Aug 2016
Statements
Impact

The goal of The New Paradigm Foundation is to reach out to families in crisis and give them hope for the future. We want to provide them with more than just a roof over their head, we want to provide them with a place they can once again call "home", a place where they can have a renewed sense of pride and self-worth.  Through the dedication of personal mentors teaching coping skills and providing guidance and experience, we strive to assist them in dealing with life changes. The Foundation wants to share in each of our families' difficulties as well as their victories.

Accomplishments:
●With the generous donation of fourteen housing units from Charlotte County in 2011, the dream of providing affordable transitional housing to families at risk of becoming homeless has turned into a reality.
●Our first family has completed our transitional low income housing program and is now living on their own without any assistance.
●We have implemented Dave Ramsey, Financial Peace University class, which is the financial skills requirement portion of our program. This nine week class will teach our families how to get rid of debt, manage their money, spend and save wisely, and many other skills that will provide them with what they need to live a financially independent life.
Goals
●Strengthen our infrastructure and organizational readiness so that we are well-positioned to meet the growing needs of our organization by raising the funds needed to hire additional staff and purchasing necessary office equipment.
●Increase our donor and volunteer base so we can continue to increase our efforts to alleviate local family homelessness.
●Continue to raise the necessary funds or procure in kind donations to begin our, “Home Beautification Project,” which will ensure the outside of each of our homes reflect the secure & encouraging environment we desire to provide for each of our families.
 * Obtain grants to fund two part time certified case workers dedicated to designing an efficient and effective case management system.
 
Background

The New Paradigm Foundation, Inc., is a private 501c3 not for profit corporation founded in 2001. The Foundation was created to help with the unmet needs of our neighbors who may be experiencing temporary hardships: financial, employment, relational, etc,. and in collaboration with other area agencies, help meet those needs without duplicating existing services.

David Nelson felt prompted by God to open Investors Choice Real Estate in 2000 to fund a community foundation. Since that time, the Foundation has been funded by Investors Choice International Reality, Inc. Although we are Faith-Based, we are not affiliated with any particular denomination or organization. The Foundation exists solely to serve community residents.

Through the donations generated from Investors Choice, The Foundation was highly funded, for many years receiving $20-30,000 which we were able to donate back to the community in the form of assistance for utility bills, rental fees, automobile repairs, school supplies & clothing, Christmas gifts, etc. After the real estate collapse in 2006, the Foundation struggled until 2011 when the Transitional Housing Division was created through the acquisition of fifteen housing units from the Charlotte County Housing and the Neighborhood Stabilization Grant.

The Transitional Housing Program is just that: a program with guidelines and requirements. Each family which we have defined as at least one parent with at least one child under the age of 17, must receive a stable income (not including unemployment) - limits for which are set by the guidelines of the NSP grant and HUD. Each parent is required to attend a financial course, create and follow a budget, write down and work toward goals and cooperate with a mentor. Additionally, parenting and life skills counseling are encouraged.

The time frame each family will need to recover from their crisis situation will vary; therefore, each family signs a six month lease, which is reviewable after three months. Toward the end of the six month period we again re-evaluate each the family's situation and if necessary will offer an additional twelve month lease.

More than just, "a roof over their heads," with this program we strive to provide housing, as well as a stable, supportive environment for families where they can work on improving or developing the skills necessary to become empowered, independent individuals.

 
Needs
●  Volunteer Mentors - to teach areas of financial responsibility, accountability, parenting skills, nutrition, relational skills, etc., to our resident families.
●  Fundraising Assistance - to assure sustainable funding, adequate sponsorships, donations and volunteers for the Foundation to continue with our existing and future programs. Funds for maintenance and repair on the transitional housing units.
●  On Site Social Workers Assistance plus necessary office equipment – we are seeking funding to be able to hire two part-time on site Social Workers to help assist with our program services. $50,000.
●  Funding for Program & Staff Development. $50,000
Statement from the CEO/Executive Director The New Paradigm Foundation offers the only Transitional Housing Program in this area. As my wife, Kathy and I discovered the struggling family's in the community we realized that we needed to develop a program that would break the cycle of family generational poverty. The program is designed to instill a "new way of thinking", beginning with the parents and continuing with the children, teaching the children to believe they can succeed.
Statement from the Board Chair/Board President
Without a doubt, the biggest challenge over these past few years has to have been the real estate collapse in 2006. Investors Choice Real Estate was our main source of funding for the past ten years and when that income stream dried up, we were not able to assist nearly as many neighbors as we had in the past. For the past five - six years, we helped as many as possible with our limited funds, and, like other area agencies, found partnering with one another one way to stretch dollars: a good outcome from a challenging situation.
Since acquiring the properties from Charlotte County in 2011 and creating the Transitional Low Income Housing Program, the newest arm of the Foundation, our challenges have been very different. With the responsibilities that have come with the aquisition of these properties and the details involved in the placement of the families, our administrative load has shown exponential growth and we have had to hire skilled personnel to accomplish these numerous tasks.
The Foundation staff and Board are active in fundraising: a very two successful annual Gala, "Teach a Man to Fish".  The Foundation has also held a yard sale, as well as two Purse Auction & Luncheons.  Both were very successful fundraisers and introduced the Foundation to many who formerly had no knowledge of the organization and its' mission.
The Englewood Community Wide Church Communion gathering in October, 2012 chose our foundation to be their offering recipient.
Areas Served
Areas Served
Area
FL- Charlotte
Service Categories
Primary Org Type Housing, Shelter
Secondary Org Type Human Services
Programs
Description
Our Transitional Housing Program provides housing as well as a stable, supportive environment for our families who are working on improving or developing the skills necessary to live an independent life.  For our Transitional Housing Residents, we provide:
● Volunteer mentors who meet regularly with each family to provide ongoing support with budgeting, goal setting and other family needs.
● Case management with ongoing support for mentors/families and links to community resources.
Budget $69,213
Category Housing, General/Other Transitional Housing
Program linked to organizational strategy? Yes
Population Served Families At-Risk Populations Poor,Economically Disadvantaged,Indigent
Short Term Success
When evaluating this program for short term success we evaluate each family on their willingness to participate and comply with their program mentor and the various support classes our program requires. For example: By the end of the eight week financial class 80% of members will exhibit a change in behavior and attitude toward debt. 75% will successfully complete the program, having achieved the financial knowledge to successfully live debt free and gain financial independency.
Long Term Success Ideally our long term success would be that there were no families in our area in need of transitional housing. However, as things stand there is a great need for our services in the community. We are just beginning the second year of this program and would consider our program a long term success at an 80% completion rate with 100% of those families able to live on their own without assistance. 
Program Success Monitored By
Our Transitional Housing program does not only provide low income housing but is additionally a program that teaches the skills necessary for families to be able to move through a difficult time in their lives. We monitor our program success by 3 types of evaluations: Mentor Evaluations, Class Compliance and Class Completion.
Mentors and families are required to fill out a monthly evaluation form. This tracks the progress of our families through the eyes of the mentor as well as making sure the mentor we have provided for the family is the right person or persons; and that they are providing the necessary support each of our families need to complete our program. Each family is also assessed by their willingness to participate in the classes provided and the completion of those classes. We find through these three tools we can accurately measure what is or is not working and provides us with the essential tools to make changes or additions to our program as necessary.
Examples of Program Success
Our Transitional Housing Program lasts from 12-18 months. We have completed only one eighteen month cycle and have one family that has fully completed our program with two others completing the program by year's end. Following is the testimony from the father of the family that completed the program.
"I cannot thank The New Paradigm Foundation enough for the life changing experience they have blessed me with. I am a single Father and was facing homelessness. The NPF reached out to us and answered our prayer. They not only gave me a home for my family, they also blessed me with a car. They have been with me step by step with encouragement, mentoring and spiritual guidance. My gratitude goes beyond words not just for myself, but for my 3 children as well.
We have had 21 families enter the program, 14 of those families are on track to complete the program with two of them finishing this year. At this rate we have a completion rate of 66% and a success rate of 66%
CEO/Executive Director
Executive Director Mr. David Nelson
CEO Term Start Jan 2001
Email dave.n@icre.us
Experience

David Nelson has been the CEO of The New Paradigm Foundation since its inception in 2001. He has also been a Real Estate Broker since 1972 and owner of several businesses in MA. Dave moved to Florida in 1994 and has worked in Real Estate Sales in Punta Gorda and Englewood before opening Investors Choice International Realty, Inc in 2000.  David serves as an Elder in his local church in Englewood, and is founder of The Commerce Connection, a group of area business men and women who regularly come together to help one another run their businesses using Biblical principles.

Staff
Full Time Staff 0
Part Time Staff 1
Volunteers 8
Contractors 1
Staff Retention Rate % N/A
Professional Development Yes
Management Reports to Board Yes
Organization Plans
Fundraising Plan No
Communication Plan No
Strategic Plan No
Strategic Plan Years N/A
Strategic Plan Adopted Oct 2011
Management Succession Plan No
Policies and Procedures No
Continuity of Operations Plan No
Formal Evaluations
CEO Formal Evaluation N/A
Senior Management Formal Evaluation N/A
NonManagement Formal Evaluation N/A
Collaborations
We are in collaboration with:
C.A.R.E.
Charlotte County Homeless Coalition
Charlotte County Human Services
Englewood Community Care Clinic
Englewood Helping Hand
Goodwill Job Link
Habitat For Humanity
Healthy Families
Local Area Churches
Our Mother's House
Senior Friendship Centers
Solstice Consumer Services
Solve Maternity Home
St. Vincent de Paul Societies - Port Charlotte & Englewood Areas
YMCA
Government Licenses
Is your organization licensed by the Government? No
Policies
Nondiscrimination Policy No
Whistle Blower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy No
Board Chair
Board Chair Ms. Kathleen Nelson
Company Affiliation The New Paradigm Foundation
Board Term Feb 2001 to Dec 2021
Email kathleen@thenpf.org
Board Members
Board Members
NameAffiliation
Mr. Steven Fishman Sr Account Executive, Oracle
Mr William Fleming Esq.Sales/Marketing Executive, WENG Radio Station
Ms Cynthia Hughes Former CEO Englewood Area Board of Realtors
Mr. David Nelson CEO/Broker, Investor's Choice International Realty, INC.
Ms. Kathleen Nelson RN, BSHNThe New Paradigm Foundation
Dr. Paul Powers Management Psychologist, Executive/Career/Retirement Coach, Speaker & Author
Mr. Gary Vulgamore Owner MBA Business Center
Student serving on the board through Community Youth Development? No
Board Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 7
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 5
Female 2
Unspecified 0
Governance
Board Term Lengths 5
Board Term Limits 4
Board Orientation No
Board Meeting Attendance % 78
Number of Full Board Meetings Annually 12
Board Self-Evaluation No
Written Board Selection Criteria No
Written Conflict of Interest Policy Yes
Percentage of Board Making Monetary Contributions 100
Percentage of Board Making In-Kind Contributions 100
Constituency Includes Client Representation No
Comments
Governance Comments by Organization
Our volunteer Board of Directors are local businessmen and women, dedicated to making a difference in their community. Making a difference requires a sacrifice of time, talent, and resources - this board is committed to its' role in the work of the Foundation, to bring about real change in people's lives for a stronger community.
Financial Info
Fiscal Year 2012
Projected Revenue $85,088.00
Projected Expenses $83,783.00
IRS Form 990s
Audit/Financial Documents
Historical Financials
Expense Allocation
Fiscal Year201320122011
Program Expense$86,625$62,363$19,317
Administration Expense$12,228$8,414$3,348
Fundraising Expense$4,747$3,112$0
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses1.031.0036.06
Program Expense/Total Expenses84%84%85%
Fundraising Expense/Contributed Revenue47%94%0%
Assets and Liabilities
Fiscal Year201320122011
Total Assets$792,782$796,452$796,347
Current Assets$2,832$6,502$6,397
Long-Term Liabilities$0$0$0
Current Liabilities$0$0$0
Total Net Assets$792,782$796,452$796,347
Top Funding Sources
Fiscal Year201320122011
Top Funding Source & Dollar AmountLow Income Rental $95,886Low Income Rental $59,812Government Grants - Local $789,950
Second Highest Funding Source & Dollar AmountFundraising $10,093Other $10,870Low Income Rental $21,637
Third Highest Funding Source & Dollar AmountInvestment Income $403Fundraising $3,312Contributions, gifts, grants $5,737
CEO Compensation
Co-CEO Compensation
Tax Credits No
Solvency
Short Term Solvency
Fiscal Year201320122011
Current Ratio: Current Assets/Current Liabilities------
Long Term Solvency
Fiscal Year201320122011
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? Anticipated In 3 Years
Campaign Purpose The purpose of our Capital Campaign will be to raise the necessary funds to purchase an office building for the foundation.
Goal $500,000.00
Capital Campaign Anticipated in Next 5 Years? Yes
Financials Comments
Financial Comments by Foundation Financial information taken from IRS Form 990.  The audit document provided for 2011 was prepared on a fiscal year ended September 30, whereas the Federal tax returns reflect calendar year ends.  Individual contributions include foundation and corporate support.
Nonprofit New Paradigm Foundation Inc
Address 2800 Placida Rd, Unit 111
Englewood, FL 34224
Primary Phone 941 681-2194
CEO/Executive Director Mr. David Nelson
Board Chair Ms. Kathleen Nelson
Board Chair Company Affiliation The New Paradigm Foundation
Year of Incorporation 2001

THE COMMUNITY FOUNDATION OF SARASOTA COUNTY, INC. IS A REGISTERED 501(C)(3) NON-PROFIT CORPORATION. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE (1-800-HELP-FLA) OR FROM THE WEBSITE: WWW.FRESHFROMFLORIDA.COM. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. ONE HUNDRED PERCENT (100%) OF EACH CONTRIBUTION IS RECEIVED BY THE COMMUNITY FOUNDATION OF SARASOTA COUNTY. REGISTRATION #SC-02471.