Overview
What is New 2 You Of Lansing?
New 2 You of Lansing is a nonprofit organization situated in Lansing, Illinois. Their primary operation involves operating a thrift store, where they accept donated items and sell them to the public. This thrift store serves as a source of revenue for them. Notably, the earnings generated from the sales are then channeled towards supporting two educational institutions: Calvin Christian School and Lansing Christian School. The organization, with a team of three dedicated individuals, contributes to the community by transforming donated goods into funds that contribute to the educational sector.
Official website here: www.new2youoflansing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
New 2 You Of Lansing has received a 73% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scores particularly well in areas such as having an independent board and maintaining proper documentation, with high marks for their liabilities to assets ratio and program expense ratio, ensuring that funds are directed toward their mission.
However, the nonprofit faces significant challenges in governance, as evidenced by the absence of a conflict of interest policy and a whistleblower policy, which received no points. Additionally, the failure to post their tax form on their website raises concerns about transparency and accessibility of information for donors and stakeholders.
Overall, while New 2 You Of Lansing demonstrates strong financial management and commitment to its programs, the lack of essential governance policies and transparency measures could impact its credibility and future support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is New 2 You Of Lansing legitimate?
New 2 You Of Lansing is a legitimate nonprofit organization registered as a 501(c)(3) entity. New 2 You Of Lansing 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $76,851
For more financial information, click here
Official website here: www.new2youoflansing.com
What is the mission statement of New 2 You Of Lansing?
New 2 You Of Lansing is an organization that accepts donated goods and merchandise, then sells them to the public. The primary objective of this venture is to generate funds. The profits from these sales are subsequently channeled towards supporting Calvin Christian School and Lansing Christian School. By operating as a thrift store, New 2 You Of Lansing contributes financially to these educational institutions, thereby playing a role in their continued operation and growth.
Official website here: www.new2youoflansing.com
What is the revenue of New 2 You Of Lansing?
New 2 You Of Lansing's revenue in 2024 was $801,889.
Official website here: www.new2youoflansing.com
Who are the executives of New 2 You Of Lansing and what are their salaries?
The average compensation at New 2 You Of Lansing during 2024 was $15,370. There are 5 employees and 300 volunteers at New 2 You Of Lansing.
Here are 8 key members and their salaries:
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Official website here: www.new2youoflansing.com
Where can I find the form 990 for New 2 You Of Lansing?
New 2 You Of Lansing's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.new2youoflansing.com
Learn more at the official website: www.new2youoflansing.com
Mission Statement of New 2 You Of Lansing
New 2 You of Lansing, a nonprofit organization, is dedicated to its mission. It functions as a thrift store, where it accepts donated goods and merchandise. The heart of its operation lies in selling these items to the general public. However, New 2 You of Lansing does not merely operate as a commercial store. Its primary objective is to use the revenue generated from these sales for a noble cause. The net profits are channeled towards supporting Calvin Christian School and Lansing Christian School. This nonprofit organization's activities contribute to the community by providing affordable goods while also aiding in the education of children at both schools.
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Impact
July, 2024
New 2 You of Lansing's impact can be seen in the support it provides to Calvin Christian School and Lansing Christian School through the sale of donated goods. By receiving merchandise from donors and selling them to the public, the organization generates net proceeds that are ultimately donated to these educational institutions. This cycle of receiving donations, selling items, and donating profits helps in funding important educational programs and initiatives, benefiting the schools and their students.
This information is meant to be a general summary of New 2 You Of Lansing. 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 2024.
- Program Service Revenue: $756,889
- Gross Receipts: $801,889
Assets and Liabilities:
- Total Assets: $876,822
- Total Liabilities: $254,600
- Net Assets: $622,222
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Thrift Store Sales
Revenue
$756,889
Organization Details
Founding Year
2001
Principal Officer
Reggie Matthews
Website
www.new2youoflansing.comNTEE Category
Code: P20 - Human services
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