Grad Bag Inc

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

EIN: 842502503 ✦ Scarsdale, NY ✦ Designated as a 501(c)(3)

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Overview

What is Grad Bag Inc?

Grad Bag Inc is a nonprofit organization that focuses on assisting underprivileged college-bound students and promoting sustainability. Their mission is to facilitate a more equal transition to college by collecting, refurbishing, and redistributing lightly used dorm room essentials, such as bedding, to incoming college students from low-income households. They achieve this by gathering these items from graduating students, cleaning and repackaging them, and distributing them to the needy students. Grad Bag Inc's efforts contribute to a more sustainable society by reusing resources instead of discarding them.


Official website here: www.gradbag.org

Is Grad Bag Inc legitimate?

Grad Bag Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grad Bag Inc submitted a form 990EZ, 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.


Official website here: www.gradbag.org

What is the mission statement of Grad Bag Inc?

Grad Bag Inc's mission is centered around supporting underserved college-bound students and promoting sustainability. The organization collects lightly used college dorm room essentials from graduating students, gives them a fresh lease of life through cleaning and repackaging, and then distributes them to incoming college students from low-income households. This initiative helps provide these students with essential items they might not be able to afford, thereby aiding in a more equitable transition to college. Grad Bag Inc's activities are geared towards bridging the gap in resources for students in need, while also promoting the recycling and reuse of items, thereby contributing to sustainability efforts.


Official website here: www.gradbag.org

Who is the CEO of Grad Bag Inc?

Leslye Katz is the Treasurer of Grad Bag Inc.


Official website here: www.gradbag.org

What is the revenue of Grad Bag Inc?

Grad Bag Inc's revenue in 2022 was $177,960.


Official website here: www.gradbag.org

Who are the executives of Grad Bag Inc and what are their salaries?


Here are 10 key members and their salaries:


Elizabeth Gruber (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Smith Tyberg (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Ehrich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslye Katz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Nadel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Duncanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Weinstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Gayles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Vogel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gradbag.org

Where can I find the form 990EZ for Grad Bag Inc?

Grad Bag Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.gradbag.org

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

Mission Statement of Grad Bag Inc

Grad Bag Inc, a mission-driven organization, is dedicated to supporting underserved college-bound students and promoting sustainability. Their primary objective is to provide a more equitable transition to higher education for students from low-income households. They accomplish this by collecting lightly used college dorm room essentials, such as bedding, from graduating students. These items are then thoroughly cleaned and repackaged before being redistributed to incoming college students in need. By doing so, Grad Bag Inc helps bridge the gap between resources and opportunities for these students, allowing them to focus on their studies rather than the financial burden of purchasing new items. Through this initiative, Grad Bag Inc not only supports the academic success of its beneficiaries but also contributes to a more sustainable environment by reducing waste.

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Impact




October, 2024

Grad Bag Inc significantly impacts the community by facilitating a smoother transition to college for underserved, low-income students. By collecting lightly used dorm room essentials from graduating students, the organization not only helps reduce waste but also promotes sustainability. This initiative ensures that incoming college students receive the necessary items—such as bedding and other essentials—without the financial burden, allowing them to start their college journey on a more equitable footing.

The program fosters a culture of giving and community support, connecting individuals at different stages of their educational journey. Ultimately, Grad Bag Inc’s efforts create a more inclusive educational environment, empowering students and contributing to their success while also championing sustainable practices.




This information is meant to be a general summary of Grad Bag 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
$177,960 (2022)
Expenses
$50,479 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $177,960

Assets and Liabilities:

  • Total Assets: $208,224
  • Total Liabilities: $0
  • Net Assets: $208,224

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Organization Details

Principal Officer

Leslye Katz

Main Address

PO BOX 605, SCARSDALE, NY, 10583

NTEE Category

Code: B01 - Education

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