Old Newsboys Of Flint
- Assets
- $2.3m
- Revenue
- $524.0k
- Investments
- $0.0
- Employees
- 15
- Location
- Flint, MI
- Founding
- 09/1946
- Data as of
- 01/2021
- EIN
- 38-6020365
Organization Overview
Old Newsboys Of Flint is located in Flint, MI. The organization was established in 1946. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. As of 01/2021, Old Newsboys Of Flint employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Newsboys Of Flint 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 01/2021, Old Newsboys Of Flint generated $524.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $386.1k during the year ending 01/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CLOTHING, TOYS AND GIFTS TO NEEDY FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURCHASE AND DISTRIBUTION OF CLOTHING, TOYS AND GIFTS AND ALSO CHRISTMAS PACKS TO NEEDY FAMILIES IN THE METROPOLITAN FLINT AREA
EXPANSION OF BENEFITS TO MORE INDIVIDUALS EACH YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Tucker Executive Di | Officer | 30 | $25,809 |
Robin Stayton-Diehl 2nd Vice Pre | OfficerTrustee | 1 | $0 |
Ryan Buchalski President | OfficerTrustee | 1 | $0 |
Courtney Patterson 1st Vice Pre | OfficerTrustee | 1 | $0 |
Eric Lemieux Sec/treasure | OfficerTrustee | 1 | $0 |
Jowanne Carrigan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $439,904 |
| Investment income | $25,957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,404 |
| Net Income from Fundraising Events | $38,426 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $523,982 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $127,642 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $25,809 |
| Compensation to disqualified persons | $1,500 |
| Other salaries and wages | $138,196 |
| Pension plan accruals and contributions | $2,560 |
| Other employee benefits | $1,055 |
| Payroll taxes | $10,892 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,694 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,098 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,691 |
| All other expenses | $0 |
| Total functional expenses | $386,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $908 |
| Savings and temporary cash investments | $880,656 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $108,173 |
| Prepaid expenses and deferred charges | $6,938 |
| Investments—publicly traded securities | $713,209 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,277,151 |
| Accounts payable and accrued expenses | $7,590 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,590 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,269,561 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Old Newsboys Of Flint has recieved totaling $74,608.
| Awarding Organization | Amount |
|---|---|
Williamson Foundation Inc Linden, MI PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $14,435 |
Te & Kittie Tuttrup Charitable Trust 4410073500 Chicago, IL PURPOSE: GENERAL | $11,844 |
Anna Paulina Foundation Flint, MI PURPOSE: GENERAL FUND | $10,000 |
Rs Young Foundation Inc Flint, MI PURPOSE: SUPPORT OF CHARITY | $5,000 |
Stella & Frederick S Loeb Charitable Tr Columbus, OH PURPOSE: GENERAL OPERATING | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
A Kid Again Inc Columbus, OH | $4,676,072 | $6,585,940 |
Charitable Union Battle Creek, MI | $1,533,905 | $2,126,118 |
The Furniture Resource Center Pontiac, MI | $681,599 | $1,525,670 |
Clothes That Work Dayton, OH | $853,719 | $1,373,672 |
Center Of Hope Family Services Inc Toledo, OH | $281,129 | $1,208,489 |
Kids In Distress Services Inc Saint Clair, MI | $3,090,795 | $2,140,549 |
We Care Of Kokomo Inc Kokomo, IN | $6,878,911 | $808,489 |
Fish Of Shelby County Inc Sidney, OH | $422,562 | $250,057 |
Coats For Kids-Cleveland Independence, OH | $432,356 | $354,589 |
Old Newsboys Of Flint Flint, MI | $2,277,151 | $523,982 |
Michigan Christmas Tree Association Inc Durand, MI | $123,852 | $284,317 |
Fr Genes Help Inc West Allis, WI | $2,191,833 | $353,979 |