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Passes our checks

Old Newsboys Goodfellow Association of Toledo Ohio

EIN 34-6556669 · Toledo, OH

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood87 out of 100GovernanceGood82 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE OLD NEWSBOYS GOODFELLOW ASSOCIATION PROVIDES AID AND RELIEF TO THE FINANCIALLY DISADVANTAGED IN THE TOLEDO, OHIO AREA COMMUNITY.

Income
$280,062
Spending
$278,386
Spent on programs
86%
Reserves
99.2 months of spending
Largest source of income
donations and private grants, 62%
Employees
0
Volunteers
250

Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 87 out of 100. Higher than 73% of charities in its peer group (human services, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 99.2 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 1% of income.

  • Income trend

    5 of 15

    Income fell 23% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 82 out of 100. Higher than 65% of charities in its peer group (human services, $250k to $1m).

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $164,804 spent. WINTERS IN TOLEDO CAN BE UNFORGIVING, ESPECIALLY FOR CHILDREN WITHOUT PROPER CLOTHING. THROUGH A COMMUNITY-DRIVEN VOUCHER PROGRAM, THE OLD NEWSBOYS GOODFELLOW ASSOCIATION PROVIDES COATS, SHOES, BOOTS, GLOVES, AND HATS TO CHILDREN IN FINANCIAL DISTRESS. THIS PROGRAM ENSURES THAT NO CHILD MISSES SCHOOL DUE TO THE ELEMENTS, RESTORING BOTH WARMTH AND DIGNITY. VOLUNTEERS WORK SWIFTLY TO MEET URGENT NEEDS, EMBODYING THE ORGANIZATION'S CREED: "ASSISTANCE WITHOUT DELAY."
  2. $22,346 spent. EDUCATION BEGINS WITH READINESS. THE ASSOCIATION SUPPORTS LOCAL CHARITABLE ORGANIZATIONS THAT PROVIDE SCHOOL SUPPLIES TO CHILDREN WHO MIGHT OTHERWISE GO WITHOUT. THESE DONATIONS EQUIP STUDENTS WITH THE TOOLS TO LEARN, GROW, AND PARTICIPATE FULLY IN THEIR EDUCATION. IT'S A QUIET BUT POWERFUL WAY TO SAY: "YOU BELONG HERE." THIS PROGRAM REFLECTS THE BELIEF THAT PREPAREDNESS FOSTERS CONFIDENCE, AND EVERY CHILD DESERVES A FAIR START.
  3. $50,000 spent. THE OLD NEWSBOYS INVEST IN THE FUTURE BY CONTRIBUTING TO SCHOLARSHIP FUNDS FOR HIGH SCHOOL SENIORS WHO DEMONSTRATE RESILIENCE, PROMISE, AND COMMUNITY SPIRIT. THESE SCHOLARSHIPS OPEN DOORS TO HIGHER EDUCATION AND AFFIRM THAT HOPE AND OPPORTUNITY ARE NOT RESERVED FOR THE PRIVILEGED. EACH AWARD IS A TRIBUTE TO THE ENDURING LEGACY OF THE NEWSBOYS A LEGACY THAT SAYS: "WE SEE YOU. WE BELIEVE IN YOU."
  4. $2,000 spent. SCHOLARSHIPS FOR TWO INDIVIDUALS

Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on October 15, 2010 for not filing returns for three years, and reinstated on October 15, 2011.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending May 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2011.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.