Overview
What is Goodfellows Of Kokomo Inc?
Goodfellows of Kokomo Inc, established in 1948, is a nonprofit organization based in Kokomo, Indiana. Their primary mission is to provide essential clothing items to underprivileged children in the community. Beyond this, they also extend their support by offering scholarships and collaborating with other organizations that cater to the community's needs. This multifaceted approach allows Goodfellows of Kokomo Inc to positively impact the lives of children and families in their local area.
Official website here: www.goodfellowskokomo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Goodfellows of Kokomo Inc has received a score of 76%, indicating a solid performance in accountability and finance. This rating is derived entirely from a single beacon score, highlighting the organization's strong commitment to transparency and responsible financial management.
Among its strengths, Goodfellows of Kokomo boasts a fully independent board, with 100% of its members meeting this criterion. Additionally, the organization demonstrates no material diversion of assets and maintains a high program expense ratio of 94.21%, meaning that a significant portion of its funding goes directly to its programs. The organization also effectively documents board meeting minutes and provides necessary information on its website.
While the organization has strong financial practices, the rating suggests that its overall score is based solely on one aspect of its operations. This focus on accountability and finance might indicate limited information on other critical areas, such as program impact or community engagement. However, the high scores in financial responsibility are commendable and reflect positively on Goodfellows of Kokomo's operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Goodfellows Of Kokomo Inc legitimate?
Goodfellows Of Kokomo Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodfellows Of Kokomo 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.
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For more financial information, click here
Official website here: www.goodfellowskokomo.org
What is the mission statement of Goodfellows Of Kokomo Inc?
Goodfellows of Kokomo Inc, established in 1948, has a primary mission to provide clothing for the underprivileged in the community. This mission remains its core focus. Beyond this, the organization also extends its support by providing funds for scholarships and aiding other organizations that cater to the community's needs. Goodfellows of Kokomo Inc is not just about clothing; it also makes a significant impact by contributing to the education of deserving individuals and supporting various community-focused organizations.
Official website here: www.goodfellowskokomo.org
Who is the CEO of Goodfellows Of Kokomo Inc?
Tristan Clouthier is the Board Member of Goodfellows Of Kokomo Inc.
Official website here: www.goodfellowskokomo.org
What is the revenue of Goodfellows Of Kokomo Inc?
Goodfellows Of Kokomo Inc's revenue in 2023 was $172,618.
Official website here: www.goodfellowskokomo.org
Who are the executives of Goodfellows Of Kokomo Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.goodfellowskokomo.org
Where can I find the form 990 for Goodfellows Of Kokomo Inc?
Goodfellows Of Kokomo Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.goodfellowskokomo.org
Learn more at the official website: www.goodfellowskokomo.org
Mission Statement of Goodfellows Of Kokomo Inc
Goodfellows of Kokomo, established in 1948, has a primary mission to provide clothing for the underprivileged in the community. This nonprofit organization's mission is multifaceted, extending beyond just clothing. It also provides funds for scholarships and supports other organizations that align with the community's needs. Goodfellows of Kokomo's mission is driven by a strong commitment to assisting those in need, ensuring that they have the essentials for a dignified life. The organization's work extends beyond providing clothing, making a significant impact on the community by supporting education and contributing to other worthy causes.
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Impact
October, 2024
Goodfellows of Kokomo Inc. significantly impacts the local community by addressing critical needs related to clothing and education. Founded in 1948, the organization primarily focuses on providing clothing to underprivileged individuals and families in Kokomo. This essential service helps ensure that children have access to appropriate clothing, promoting dignity and comfort while reducing financial burdens on their families.
In addition to its clothing assistance, Goodfellows also plays a pivotal role in community development through its scholarship funding. By supporting local students in their educational pursuits, the organization fosters opportunities for personal growth and advancement. Furthermore, Goodfellows collaborates with other organizations, amplifying efforts to meet various community needs, thereby creating a more supportive and connected environment for all residents. Through these initiatives, Goodfellows of Kokomo Inc. not only alleviates immediate hardships but also invests in the long-term well-being of the community.
This information is meant to be a general summary of Goodfellows Of Kokomo 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: $49,975
- Gross Receipts: $238,429
Assets and Liabilities:
- Total Assets: $1,721,388
- Total Liabilities: $0
- Net Assets: $1,721,388
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Organization Details
Founding Year
1948
Phone
(765) 398-5332Principal Officer
Tristan Clouthier
Main Address
PO BOX 6845, KOKOMO, IN, 46901
Website
www.goodfellowskokomo.orgNTEE Category
Code: P58Z - Human services
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