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Lost-N-Found Youth Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454153322 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Lost-N-Found Youth Inc?

Lost-N-Found Youth Inc, a 501C3 nonprofit based in Atlanta, Georgia, is dedicated to eradicating homelessness among lesbian, gay, bisexual, transgender, queer (LGBTQ) and all sexual minority youth. Their primary focus is on emergency services, offering street outreach, day shelter, emergency beds, and rapid rehousing to prevent and alleviate homelessness. They provide emergency housing for up to 90 days, offering meals, clothing, and various services through their Youth Center. For LGBTQ+ youth living in unstable housing or on the streets, outside emergency housing options are available with funds covered by the organization. Their Youth Center provides essential services such as showers, laundry, meals, counseling, case management, job readiness training, and recreational opportunities, allowing youth to temporarily escape homelessness. The organization also operates a 24-hour emergency hotline, providing counseling, referrals, and intake services. Through case management and homelessness prevention programs, Lost-N-Found Youth Inc supports at-risk youth in maintaining their housing or transitioning to new, permanent homes.


Official website here: www.lnfy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Lost-N-Found Youth Inc has received an impressive Four-Star rating from Charity Navigator, with a score of 96%. This high rating is a reflection of the charity's strong commitment to accountability and finance, indicating transparency in its operations and effective management of resources. The organization has demonstrated a robust governance structure, with a fully independent board and solid financial oversight.

The nonprofit excels in several key areas, including a high program expense ratio of 74.97%, which shows that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has a strong track record in maintaining financial integrity, with no material diversions of assets reported. The presence of comprehensive policies for conflict of interest, whistleblower protections, and document retention further solidifies its commitment to ethical practices.

While the available data primarily highlights strengths, there is no specific information provided about the organization's program outcomes or community impact. Therefore, potential donors might want to seek additional insights into the effectiveness of the programs offered by Lost-N-Found Youth Inc to understand its overall impact better.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Lost-N-Found Youth Inc?

96% of 456 reviewers on Facebook recommend Lost-N-Found Youth Inc. Here's a summary of their insights:

Many supporters express appreciation for the impact the organization makes in the community, emphasizing a sense of fulfillment from donating items that benefit others. Reviewers also highlight their positive experiences while shopping at the store, mentioning they have discovered unique and valuable items such as lamps, picture frames, and records.

Overall, people seem highly satisfied with both their donations and shopping experiences. The nonprofit appears to effectively engage the community, making it a favored choice among supporters.


This AI summary has been generated from reviews found on Facebook.

Is Lost-N-Found Youth Inc legitimate?

Lost-N-Found Youth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lost-N-Found Youth 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:

Executive Compensation: $110,847
Professional Fundraising Fees: $0
Other Salaries and Wages: $717,521

For more financial information, click here


Official website here: www.lnfy.org

What is the mission statement of Lost-N-Found Youth Inc?

Lost-N-Found Youth Inc is an organization that aims to end homelessness for LGBTQ and sexual minority youth. Their mission is to provide emergency services, such as street outreach, day shelters, emergency beds, and rapid rehousing, to prevent and alleviate homelessness. They also offer emergency housing for up to 90 days, providing essentials like meals, clothing, and various services through their Youth Center. Outside of emergency housing, they work with other facilities to house youth until stable housing becomes available. The Youth Center offers a variety of services, including showers, laundry, meals, and mental health counseling, allowing youth to take a break from homelessness for up to 12 hours a day. Their 24-hour emergency hotline is a key point of contact for many clients, and their case management services help clients develop independence plans and secure housing.


Official website here: www.lnfy.org

Who is the CEO of Lost-N-Found Youth Inc?

Melanea Alvarez is the Chair of Lost-N-Found Youth Inc.


Official website here: www.lnfy.org

What is the revenue of Lost-N-Found Youth Inc?

Lost-N-Found Youth Inc's revenue in 2022 was $1,909,709.


Official website here: www.lnfy.org

Who are the executives of Lost-N-Found Youth Inc and what are their salaries?

The average compensation at Lost-N-Found Youth Inc during 2022 was $12,364. There are 67 employees and 1000 volunteers at Lost-N-Found Youth Inc.


Here are 10 key members and their salaries:


Kevin Ryan (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey Sherrell (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Lauren Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Rutkowski (Governance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanea Alvarez (Ex Officio)
  • Compensation: $110,847
  • Related: $0
  • Other: $0
Dr Sherry Meltz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Celeste Nagy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick L Raber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Donald W Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Clem (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lnfy.org

Where can I find the form 990 for Lost-N-Found Youth Inc?

Lost-N-Found Youth Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lnfy.org

Learn more at the official website: www.lnfy.org

Mission Statement of Lost-N-Found Youth Inc

Lost-N-Found Youth is a nonprofit organization dedicated to ending homelessness among lesbian, gay, bisexual, transgender, queer (LGBTQ) and all sexual minority youth. Their mission is to provide a range of services aimed at preventing homelessness and enabling these youth to move towards independence and stable housing. They offer emergency services, such as street outreach, day shelters, and rapid rehousing, to help youth in crisis. Lost-N-Found Youth also provides emergency housing for up to 90 days, offering food, clothing, and various services through their Youth Center.

Beyond emergency services, Lost-N-Found Youth offers ongoing support to help homeless youth transition to more stable living situations. This includes case management services, mental health counseling, life-skills training, job readiness training, and recreational opportunities. The Youth Center also provides essentials like showers, laundry facilities, and hygiene kits. Outreach teams conduct street outreach to link homeless youth with necessary services and support, distributing warm clothes, food, hygiene kits, and information about the Youth Center.

Lost-N-Found Youth operates a 24-hour emergency hotline, providing a first point of contact for many of their LGBT+ homeless youth clients. Case managers work with clients to develop long-term independence plans and provide rental and utility assistance. The organization also offers rapid rehousing assistance, helping individuals and families quickly exit homelessness and return to permanent housing. Overall, Lost-N-Found Youth's mission is to provide comprehensive support to prevent and end homelessness among LGBTQ and all sexual minority youth.

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Impact




July, 2024

Lost-N-Found Youth Inc's impact is profound in the Atlanta community, as it is dedicated to ending homelessness for LGBTQ+ youth. Through its emergency services program, the organization provides crucial support to vulnerable individuals, including street outreach, day shelter, emergency beds, and rapid rehousing. By offering safe housing, meals, clothing, and a range of supportive services, Lost-N-Found Youth empowers youth as they strive towards independence and stable living arrangements.

The organization's 24-hour emergency hotline serves as a first point of contact for LGBTQ+ homeless youth, providing essential triage and referrals to partner organizations. Additionally, Lost-N-Found Youth's outreach team distributes warm clothing, hygiene kits, and information about available services to those living on the streets, offering tangible support and connection to the resources they need.

Moreover, through programs like homelessness prevention/case management and rapid rehousing, Lost-N-Found Youth assists youth in developing long-term independence plans and transitioning to permanent housing. By addressing immediate needs, providing guidance, and fostering a supportive environment, Lost-N-Found Youth significantly impacts the lives of LGBTQ+ youth experiencing homelessness in Atlanta.




This information is meant to be a general summary of Lost-N-Found Youth 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.

Revenue
$1,909,709 (2022)
Expenses
$1,551,046 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $69
  • Program Service Revenue: $850,033
  • Gross Receipts: $1,949,447

Assets and Liabilities:

  • Total Assets: $1,897,214
  • Total Liabilities: $713,361
  • Net Assets: $1,183,853

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

THRIFT STORE REVENUE

Revenue

$838,023

IN-KIND DONATONS

Revenue

$12,010

Organization Details

Founding Year

2012

Principal Officer

Melanea Alvarez

Main Address

2585 CHANTILLY DRIVE NE, ATLANTA, GA, 30324

NTEE Category

Code: P30 - Human services

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