Ohio Newsboys Association Inc
- Assets
- $9.7m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 14
- Location
- Columbus, OH
- Founding
- 03/1941
- Data as of
- 05/2022
- EIN
- 31-6401150
Organization Overview
Ohio Newsboys Association Inc is located in Columbus, OH. The organization was established in 1941. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 05/2022, Ohio Newsboys Association Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Newsboys Association 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 05/2022, Ohio Newsboys Association Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.7m during the year ending 05/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CLOTHING CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING CLOTHING, SHOES, AND BOOKS FOR NEEDY CHILDREN. APPROXIMATELY 15,000 CHILDREN WERE CLOTHED.
INSURANCE COVERAGE RELATED TO PERFORMANCE OF PROGRAM DUTIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Subha Lembach Executive Di | Trustee | 40 | $37,356 |
Shari Carroll Chairman | OfficerTrustee | 2 | $0 |
Ted King Financial Se | OfficerTrustee | 2 | $0 |
Joe Murnane Treasurer | OfficerTrustee | 2 | $0 |
Kevin Patterson Vice Preside | OfficerTrustee | 2 | $0 |
Brian Rigg President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $18,771 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,636,536 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,655,307 |
| Total Program Service Revenue | $0 |
| Investment income | $157,584 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $191,776 |
| Net Income from Fundraising Events | $8,167 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,059,978 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $37,356 |
| Compensation of current officers, directors, key employees. | $11,207 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,976 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,278 |
| Payroll taxes | $57,153 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $114,468 |
| Office expenses | $12,590 |
| Information technology | $32,070 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,392 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $46,624 |
| Insurance | $35,218 |
| All other expenses | $3,458 |
| Total functional expenses | $1,664,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,181,739 |
| Savings and temporary cash investments | $6,113,496 |
| 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 | $766,159 |
| Prepaid expenses and deferred charges | $27,052 |
| Net Land, buildings, and equipment | $616,056 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,704,502 |
| Accounts payable and accrued expenses | $1,509 |
| Grants payable | $0 |
| Deferred revenue | $6,920 |
| 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 | $8,429 |
| Net assets without donor restrictions | $9,696,073 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,704,502 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Ohio Newsboys Association Inc has recieved totaling $305,544.
| Awarding Organization | Amount |
|---|---|
Columbus Foundation Columbus, OH PURPOSE: SOCIAL SERVICES | $258,896 |
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $23,843 |
L Brands Foundation Columbus, OH PURPOSE: SOCIAL SERVICES | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,966 |
Encova Foundation Of Ohio Columbus, OH PURPOSE: ANNUAL OPERATIONS | $5,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $664 |
Endowment Analysis
Peer Organizations
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|---|---|---|
Blessings In A Backpack Inc Louisville, KY | $14,548,161 | $11,518,539 |
Bucks County Opportunity Council Inc Doylestown, PA | $4,467,309 | $12,553,071 |
Water Street Ministries Lancaster, PA | $27,847,945 | $13,681,131 |
Area Iv Agency On Aging And Community Action Programs Inc Lafayette, IN | $2,168,785 | $11,411,192 |
Light Of Life Ministries Inc Pittsburgh, PA | $24,514,350 | $12,091,518 |
Real Alternatives Harrisburg, PA | $3,218,782 | $7,572,282 |
Old Order Amish Helping Program Elizabethville, PA | $294,169,877 | $7,401,236 |
Shepherd Community Inc Indianapolis, IN | $12,371,405 | $8,451,700 |
Peoples Emergency Center Philadelphia, PA | $15,414,180 | $6,602,781 |
Lifeline For The Empowerment & Development Of Consumers Inc Painesville, OH | $2,217,869 | $5,898,404 |
Weaverland Financial Aid Lititz, PA | $214,771,821 | $5,826,105 |
The Good Samaritan Ministries Holland, MI | $6,761,787 | $5,714,896 |