Overview
What is Old Newsboys Of Flint Inc?
Old Newsboys of Flint Inc is a nonprofit organization situated in Flint, Michigan, specifically at 6255 Taylor Drive. Their primary mission is to support needy families within the metropolitan Flint area by procuring and distributing essential items such as clothing, toys, and gifts. This initiative aims to bring joy and relief to less fortunate families during the holiday season, as indicated by the mention of Christmas packs. The organization, with a workforce of 12 dedicated individuals, operates with a clear focus on alleviating hardships and spreading holiday cheer in their community.
Official website here: www.onbflint.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Old Newsboys of Flint Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 88%. This rating is derived solely from its Accountability & Finance metrics, indicating a strong performance in financial management and transparency. The organization excels in having a fully independent board of directors and demonstrates effective oversight with no reported material diversion of assets.
The nonprofit has effectively maintained high standards in its financial reporting, as evidenced by its perfect scores in various criteria, including financial statements and the ratio of program expenses. With a program expense ratio of 71.77%, the organization shows a commitment to directing the majority of its resources towards its mission-driven programs.
However, there are a few areas for improvement, particularly the absence of a whistleblower policy and a document retention and destruction policy. Addressing these gaps could enhance the organization’s accountability framework even further. Overall, Old Newsboys of Flint Inc shows promising financial health and governance practices that support its operations and mission.
This AI summary has been generated from information found on Charity Navigator.
Is Old Newsboys Of Flint Inc legitimate?
Old Newsboys Of Flint Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Newsboys Of Flint 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.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $230,537
For more financial information, click here
Official website here: www.onbflint.org
What is the mission statement of Old Newsboys Of Flint Inc?
Old Newsboys of Flint Inc, as a charitable organization, is committed to providing essential items to families in need. Their mission is to distribute clothing, toys, and gifts to these families, ensuring they have access to these necessities during challenging times. The organization also arranges Christmas packs for these families, contributing to their holiday celebrations. Through their purchase and distribution efforts, Old Newsboys of Flint Inc aims to bring joy and support to families in the metropolitan Flint area.
Official website here: www.onbflint.org
What is the revenue of Old Newsboys Of Flint Inc?
Old Newsboys Of Flint Inc's revenue in 2024 was $539,364.
Official website here: www.onbflint.org
Who are the executives of Old Newsboys Of Flint Inc and what are their salaries?
The average compensation at Old Newsboys Of Flint Inc during 2024 was $20,958. There are 11 employees at Old Newsboys Of Flint Inc.
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Official website here: www.onbflint.org
Where can I find the form 990 for Old Newsboys Of Flint Inc?
Old Newsboys Of Flint Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.onbflint.org
Learn more at the official website: www.onbflint.org
Mission Statement of Old Newsboys Of Flint Inc
Old Newsboys of Flint Inc, a nonprofit organization, is committed to providing essential support to families in need within the metropolitan Flint area. Their primary mission is to distribute clothing, toys, and gifts to these families, bringing joy and comfort during challenging times. The organization's activities are focused on purchasing and distributing these items, as well as providing Christmas packs to enhance the holiday season for these families. By offering these essentials, Old Newsboys of Flint Inc aims to alleviate some of the burdens faced by struggling families, helping them navigate through hardships with a sense of dignity and hope.
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Impact
July, 2024
Old Newsboys Of Flint Inc's impact lies in its ability to provide essential support to needy families in the metropolitan Flint area. Through the purchase and distribution of clothing, toys, gifts, and Christmas packs, this organization plays a vital role in meeting the basic needs of disadvantaged individuals. By offering tangible assistance, Old Newsboys Of Flint Inc directly contributes to improving the quality of life for those facing economic hardships in the community.
This information is meant to be a general summary of Old Newsboys Of Flint 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 2024.
- Investment Income: $33,837
- Gross Receipts: $618,843
Assets and Liabilities:
- Total Assets: $2,502,148
- Total Liabilities: $78,371
- Net Assets: $2,423,777
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Organization Details
Founding Year
1925
Principal Officer
Anthony Tucker
Website
www.onbflint.orgNTEE Category
Code: P60 - Human services
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