Goodfellows Of Kokomo Inc

Organization Overview

Goodfellows Of Kokomo Inc is located in Kokomo, IN. The organization was established in 1971. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodfellows Of Kokomo Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Goodfellows Of Kokomo Inc generated $244.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $212.0k during the year ending 06/2022. While expenses have increased by 12.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

GOODFELLOWS OF KOKOMO WAS STARTED 1948 TO PROVIDE CLOTHING FOR THE NEEDY OF THE COMMUNITY. IT PRIMARY MISSION IS STILL TO PROVIDE CLOTHING TO THE UNDERPRIVLEDGED OF THE COMMUNITY, BUT ALSO PROVIDES FUNDS FOR SCHOLARSHIPS AND SUPPORTS OTHER ORGANIZATIONS THAT MEETS THE NEEDS OF THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE CLOTHING FOR THE CHILDREN OF THE COMMUITY.


PROVIDING SCHOLARSHIPS TO LOCAL YOUTH


PROVIDE FUNDS FOR OTHER 501(C)3 ORGANIZATIONS PROVIDING FOR NEEDS AND CLOTHING OF LOCAL CHILDREN


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Board, Officers & Key Employees

Name (title)Compensation
Bill Gaunt
Vice Preside
$0
Kim Graves
President
$0
Gloria Spears
Treasurer
$0
John Wiles
Secretary
$0
David Barnes
Board Member
$0
Tristan Clouthier
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$125,100
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$44,036
Noncash contributions included in lines 1a–1f $27,887
Total Revenue from Contributions, Gifts, Grants & Similar$169,136
Total Program Service Revenue$0
Investment income $28,700
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $46,809
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $244,645

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Goodfellows Of Kokomo Inc has recieved totaling $125,000.

Awarding OrganizationAmount
We Care Of Kokomo Inc

Kokomo, IN

PURPOSE: AID NEEDY FAMILIES

$125,000
View Grant Recipient Profile

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