Old Newsboys Goodfellow Association of Toledo Ohio
Public records show a registered, tax-exempt organization in good standing.
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 35Spendable reserves would cover 99.2 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
12 of 15Income exceeded spending by 1% of income.
Income trend
5 of 15Income fell 23% on the year before.
Spending floor
15 of 1586% 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 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports 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)
- $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."
- $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.
- $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."
- $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
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.
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.
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.
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.
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.
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.