Civic Intelligence

Lost-N-Found Youth Inc.

990 • Fiscal year 2017 • EIN 45-4153322

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 24, 2018

2585 Chantilly DrAtlanta, GA 30324

(678) 856-7824

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.16x

Higher debt load relative to assets than 59% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

32nd percentile

0.03x

Higher debt load relative to revenue than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

62nd percentile

7.7%

Higher net margin than 62% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

52nd percentile

$67,295

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

92nd percentile

62%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

96th percentile

205%

Faster revenue growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$330,843

Up $126,183 (+62%) from 2016

Net Assets

Up

$278,680

Up $116,831 (+72%) from 2016

Liabilities

Up

$52,163

Up $9,352 (+22%) from 2016

Revenue

Up

$1,519,362

Up $1,020,589 (+205%) from 2016

Expenses

Up

$1,402,531

Up $772,209 (+123%) from 2016

Net Income

Up

$116,831

Up $248,380 (+189%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2012: $29,233Net Assets 2012: $29,2332012Assets 2013: $72,319Liabilities 2013: $02013Assets 2014: $208,452Liabilities 2014: $10,610Net Assets 2014: $197,8422014Assets 2015: $302,723Liabilities 2015: $9,327Net Assets 2015: $293,3962015Assets 2016: $204,660Liabilities 2016: $42,811Net Assets 2016: $161,8492016Assets 2017: $330,843Liabilities 2017: $52,163Net Assets 2017: $278,6802017Assets 2018: $422,555Liabilities 2018: $44,150Net Assets 2018: $378,4052018Assets 2019: $320,912Liabilities 2019: $49,012Net Assets 2019: $271,9002019Assets 2020: $734,882Liabilities 2020: $235,309Net Assets 2020: $499,5732020Assets 2021: $894,896Liabilities 2021: $116,992Net Assets 2021: $777,9042021Assets 2022: $1,897,214Liabilities 2022: $713,361Net Assets 2022: $1,183,8532022Assets 2023: $1,972,654Liabilities 2023: $561,559Net Assets 2023: $1,411,0952023Assets 2024: $2,116,056Liabilities 2024: $418,366Net Assets 2024: $1,697,6902024

Highlighted filing

2017

Assets$330,843
Liabilities$52,163
Net Assets$278,680

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $95,391Expenses 2012: $66,988Net Income 2012: $28,4032012Revenue 2013: $219,219Expenses 2013: $176,133Net Income 2013: $43,0862013Revenue 2014: $374,400Expenses 2014: $217,831Net Income 2014: $156,5692014Revenue 2015: $508,858Expenses 2015: $413,304Net Income 2015: $95,5542015Revenue 2016: $498,773Expenses 2016: $630,322Net Income 2016: -$131,5492016Revenue 2017: $1,519,362Expenses 2017: $1,402,531Net Income 2017: $116,8312017Revenue 2018: $1,506,916Expenses 2018: $1,407,191Net Income 2018: $99,7252018Revenue 2019: $1,593,655Expenses 2019: $1,700,160Net Income 2019: -$106,5052019Revenue 2020: $1,733,073Expenses 2020: $1,505,400Net Income 2020: $227,6732020Revenue 2021: $2,107,142Expenses 2021: $1,786,764Net Income 2021: $320,3782021Revenue 2022: $1,909,709Expenses 2022: $1,551,046Net Income 2022: $358,6632022Revenue 2023: $2,043,970Expenses 2023: $1,849,018Net Income 2023: $194,9522023Revenue 2024: $2,345,400Expenses 2024: $2,067,964Net Income 2024: $277,4362024

Highlighted filing

2017

Revenue$1,519,362
Expenses$1,402,531
Net Income$116,831
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 24, 2018
Return Version
2017v2.3
Gross Receipts
$1,567,551
Mission and Program Overview

Mission

Lost-n-found youth is an atlanta, georgia based nonprofit (501c3) that exists to end homelessness for lesbian, gay, bisexual, transgender, queer (lgbtq+) and all sexual minority youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$182,088$176,110▼ $5,978
Inventories for Sale or Use-$99,859-
Land, Buildings, and Equipment, Net-$31,352-
Accounts Receivable$8,295--
Prepaid Expenses and Deferred Charges$1,500$4,525▲ $3,025
Total Assets$204,660$330,843▲ $126,183
Other Assets Total$12,777$18,997▲ $6,220
Liabilities
Accounts Payable and Accrued Expenses$42,811$39,126▼ $3,685
Deferred Revenue-$13,037-
Total Liabilities$42,811$52,163▲ $9,352
Net Assets / Fund Balance
Unrestricted Net Assets$161,849$278,680▲ $116,831
Total Net Assets Fund Balance$161,849$278,680▲ $116,831
Total Liabilities and Net Assets / Fund Balance$204,660$330,843▲ $126,183

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$25,049$15,535$40,584
Leasehold Improvements$6,303$13,855$20,158
Other Assets Org$18,997--
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Rick WestbrookExecutive Di$59,231$8,064$67,295

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$654,585
Program Service Revenue
$46,405
Investment Income
$0
Other Revenue
$818,372
All Other Contributions
$654,585
Change in Net Assets
$116,831

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$148,362Fair Market Value
Food Inventory42$12,450Fair Market Value
Cars and Other Vehicles1$3,400Fair Market Value
Other Non Cash Contri Table12$2,666Fair Market Value
Total Noncash Contributions55$166,878-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,519,362
Total Revenue per Audited Statements
$1,519,362
Total Revenue per Form 990
$1,519,362
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$807,683
Other Expenses$549,109
Total Fundraising Expense$107,527
Grants and Similar Amounts Paid$45,739
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$566,435$91,064$17,554$675,053
Occupancy$200,023$12,759-$212,782
Payroll Taxes$55,964$5,271$2,049$63,284
Current Officers, Directors, Trustees, and Key Employees$49,701$7,990$1,540$59,231
Grants to Domestic Individuals$45,739--$45,739
Fees for Services Other$4,564$4,482$23,720$32,766
Fees for Services Accounting-$32,500-$32,500
Insurance$26,376$4,047-$30,423
Office Expenses$7,797$19,785$1,559$29,141
Other Expenses$21,190$485$20,018$20,503
Conferences and Meetings$3,626$6,090$456$10,172
Other Employee Benefits-$10,115-$10,115
Information Technology$4,518$1,163$3,462$9,143
All Other Expenses-$434$8,434$8,868
Advertising$6,691$3$1,954$8,648
Depreciation Depletion$5,280--$5,280
Fees for Services Legal-$1,334-$1,334
Total Functional Expenses$1,093,741$201,263$107,527$1,402,531

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,402,531
Total Expenses per Audited Statements$1,402,531
Total Expenses per Form 990$1,402,531
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$162,529
Fundraising Direct Expenses$48,189
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Thriving Childr$162,529$162,529$48,189$114,340
Total Events$162,529$162,529$48,189$114,340
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 4

New bylaws were adopted by the board of directors on february 23, 2017.

Form 990, Page 6, Part VI, Line 11B

The executive committee members review a draft of the form 990 with the outside accountant. When the executive committee has completed its review, the board chair distributes the draft to the full board for review and comment prior to filing.

Form 990, Page 6, Part VI, Line 12C

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy through verbal inquiries and online investigations.

Form 990, Page 6, Part VI, Line 15A

The compensation determination is based on job performance to job description and comparable salaries for similar organizations and weighing same with consideration for qualifications for a new hire.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public on request.

Filing and Contact Details

Filer

Filer Name
Lost-n-found Youth Inc
EIN
45-4153322
Phone
6788567824
Address
2585 CHANTILLY DR, ATLANTA, GA 30324

Signing Officer

Name
Robert Ross
Title
Chair
Phone
6788567824
Signed
2018-08-24

Organization Details

Principal Officer
Robert Ross
Formed
2012
Legal Domicile
Ga
Voting Board Members
13
Independent Board Members
13
Employees
70
Volunteers
374

Preparer

Firm
Brooks Mcginnis & Company LLC
Address
5607 GLENRIDGE DR STE 650, ATLANTA, GA 30342-4959
Preparer
Pamela D Hardister
Phone
4045314940
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Youth maintains two emergency beds which housed 249 individuals in 2017. Outside emergency housing: lgbt youth represent roughly 1,000 of the youth living on the streets in atlanta. Because of limited space in its housing program it is often necessary to house youth in other facilities until a bed becomes available in the youth house or in a more long-term partner facility depending on available funds, lnfy will pay for up to 1 month of housing at outside shelters while clients work with case management staff to identify more stable housing. Homeless youth services center (youth center): the youth center is first and foremost a safe haven which provides a variety of services including showers, laundry, breakfast & lunch, hygiene kits, shelf stable food packs, clothing vouchers, lost id document assistance, public transportation vouchers, mental health counseling, case management services, linkage to healthcare, linkage to mental healthcare, life-skills training, job readiness training, recreational opportunities and access the youth house (for overnight services). During 2017 the youth center served between 18 and 25 clients per day and 421 clients total. These 421 clients, of which 270 were new intakes, accessed the center's services 6,513 times. The youth center allows youth to get off the streets for up to 8 hours per day and take a break from homelessness. Clients can rest, charge their phones, use the rest room, use the internet, have a hot cup of coffee or tea, talk to a supportive adult "center host" volunteer or just get in out of the cold or stifling heat. Outreach: the lnfy street outreach team provides services to homeless lgbt youth not residing in housing operated by the lnfy. The street outreach team conducts outreach to unsheltered homeless youth, to link clients with housing or other necessary services, and provide ongoing support. During street outreach the street outreach team distributes warm coats, blankets and sleeping bags, shelf stable food packs, hygiene kits and information about lnfy youth center. Street outreach volunteers also provide referrals to emergency housing and other supportive services. During 2017 more than 3,000 outreach contacts were made by the outreach team. 24 hour emergency hotline: lnfy operates a volunteer run 24-hour emergency hotline. For most of lnfy's lgbt homeless youth clients the hotline is the first point of contact. Hotline counselors assess and triage youth needs, create referrals to partner organizations, and initiate the programs intake process. Homelessness prevention/case management: lnfy case managers work with clients to provide: housing relocation and stabilization services, and short- and medium-term rental assistance to prevent a client from becoming homeless. Through the homelessness prevention program lnfy helps clients at-risk of homelessness to maintain their existing housing or transition to new permanent housing. This program is reliant on the availability of funds.

Form 990, Page 2, Part III, Line 4B

Respectively. Rapid rehousing: rapid re-housing is an intervention designed to help individuals and families quickly exit homelessness and return to permanent housing. Rapid re-housing assistance is offered without preconditions - like employment, income, absence of criminal record, or sobriety - and the resources and services provided are tailored to the unique needs of the household. Beginning in 2018 lnfy will partner with chris180 to provide rapid rehousing units specifically for lgbt youth in metro atlanta.

Form 990, Page 2, Part III, Line 4C

Doubles as a break room for the thrift store employees it is stocked with coffee, tea, water and pastries for clients and employees. Linens for the youth house and youth center shower and other program related laundry is cared for at the thrift store laundry room. Showers: the thrift store houses one of two client showers. With a referral from a lnfy case manager clients have access to free, safe shower facilities equipped with complimentary toiletries and clean linens. Clothing vouchers: lnfy provides free clothing and shoes to its homeless and at-risk clients. With a voucher from the youth center lnfy clients shop for the apparel of their choice. In 2017 lnfy provided 28,000 in voucher sales to provide warm, dry, and clean clothes to our homeless and at-risk clients. Apartment packs: when clients are ready to move into stable and independent housing on their own lnfy provides many of the start-up essentials necessary for a new household. Each year lnf thrift store provides graduates with between 10 and 12 apartment packs, provided from the which include: -pots & pans -dishes -towels -sheets and linens -blankets & comforters -small kitchen appliances -furniture (beds, couches, dining tables and chairs etc.) -shampoos, conditioner, soap, and other essential toiletries -cleaning supplies food pantry: managed by thrift store lnfy maintains a 500 square feet food pantry which supplies most of the food served at the youth services center, the youth house, and distributed in the shelf stable food packs. With a referral from a case manager or an apartment pack voucher lnfy clients are provided with starting pantries for new stable and independent homes.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization qualifies as a tax-exempt organization under internal revenue code section 501(c)(3). Income from certain activities not directly related to the organization's tax exempt purpose is subject to taxation as unrelated business income. For the year ended december 31, 2017, the organization did not have any unrelated business income and accordingly, no unrelated business income tax. The organization believes that it has appropriate support for any tax position taken. The organization's income tax returns are subject to examination by the appropriate regulatory authorities for all open years, which include the last three years filed.

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IRS990/Desc0EMERGENCY SERVICES: THE EMERGENCY SERVICES PROGRAM IS DESIGNED TO BE THE FIRST STEP IN THE CONTINUUM OF ASSISTANCE TO PREVENT HOMELESSNESS AND ENABLE HOMELESS YOUTH AS THEY MOVE TOWARDS INDEPENDENCE AND STABLE HOUSING. EMERGENCY SERVICES PROVIDED BY LNFY INCLUDE STREET OUTREACH, DAY SHELTER, EMERGENCY BEDS AND RAPID REHOUSING. EMERGENCY HOUSING: LOST-N-FOUND YOUTH'S PROVIDES THE EMERGENCY HOUSING PROGRAM TO MEET THE IMMEDIATE HOUSING NEEDS OF HOMELESS YOUTHS, UP TO 90 DAYS, OR UNTIL OUR CASE MANAGERS LOCATE A STABLE ALTERNATIVE LIVING ARRANGEMENT FOR THE CLIENT. DURING THE CLIENT'S TIME AT LOST-N-FOUND EMERGENCY HOUSE, YOUTH HAVE 3 SQUARE MEALS PER DAY, CLOTHING, AND THE RANGE OF SERVICES PROVIDED THROUGH THE LNFY YOUTH CENTER. PRESENTLY LOST-N-FOUND YOUTH MAINTAINS TWO EMERGENCY BEDS WHICH HOUSED 249 INDIVIDUALS IN 2017. OUTSIDE EMERGENCY HOUSING: LGBT YOUTH REPRESENT ROUGHLY 1,000 OF THE YOUTH LIVING ON THE STREETS IN ATLANTA. BECAUSE OF LIMITED SPACE IN ITS HOUSING PROGRAM IT IS OFTEN NECESSARY TO HOUSE YOUTH IN OTHER FACILITIES UNTIL A BED BECOMES AVAILABLE IN THE YOUTH HOUSE OR IN A MORE LONG-TERM PARTNER FACILITY DEPENDING ON AVAILABLE FUNDS, LNFY WILL PAY FOR UP TO 1 MONTH OF HOUSING AT OUTSIDE SHELTERS WHILE CLIENTS WORK WITH CASE MANAGEMENT STAFF TO IDENTIFY MORE STABLE HOUSING. HOMELESS YOUTH SERVICES CENTER (YOUTH CENTER): THE YOUTH CENTER IS FIRST AND FOREMOST A SAFE HAVEN WHICH PROVIDES A VARIETY OF SERVICES INCLUDING SHOWERS, LAUNDRY, BREAKFAST & LUNCH, HYGIENE KITS, SHELF STABLE FOOD PACKS, CLOTHING VOUCHERS, LOST ID DOCUMENT ASSISTANCE, PUBLIC TRANSPORTATION VOUCHERS, MENTAL HEALTH COUNSELING, CASE MANAGEMENT SERVICES, LINKAGE TO HEALTHCARE, LINKAGE TO MENTAL HEALTHCARE, LIFE-SKILLS TRAINING, JOB READINESS TRAINING, RECREATIONAL OPPORTUNITIES AND ACCESS THE YOUTH HOUSE (FOR OVERNIGHT SERVICES). DURING 2017 THE YOUTH CENTER SERVED BETWEEN 18 AND 25 CLIENTS PER DAY AND 421 CLIENTS TOTAL. THESE 421 CLIENTS, OF WHICH 270 WERE NEW INTAKES, ACCESSED THE CENTER'S SERVICES 6,513 TIMES. THE YOUTH CENTER ALLOWS YOUTH TO GET OFF THE STREETS FOR UP TO 8 HOURS PER DAY AND TAKE A BREAK FROM HOMELESSNESS. CLIENTS CAN REST, CHARGE THEIR PHONES, USE THE REST ROOM, USE THE INTERNET, HAVE A HOT CUP OF COFFEE OR TEA, TALK TO A SUPPORTIVE ADULT "CENTER HOST" VOLUNTEER OR JUST GET IN OUT OF THE COLD OR STIFLING HEAT. OUTREACH: THE LNFY STREET OUTREACH TEAM PROVIDES SERVICES TO HOMELESS LGBT YOUTH NOT RESIDING IN HOUSING OPERATED BY THE LNFY. THE STREET OUTREACH TEAM CONDUCTS OUTREACH TO UNSHELTERED HOMELESS YOUTH, TO LINK CLIENTS WITH HOUSING OR OTHER NECESSARY SERVICES, AND PROVIDE ONGOING SUPPORT. DURING STREET OUTREACH THE STREET OUTREACH TEAM DISTRIBUTES WARM COATS, BLANKETS AND SLEEPING BAGS, SHELF STABLE FOOD PACKS, HYGIENE KITS AND INFORMATION ABOUT LNFY YOUTH CENTER. STREET OUTREACH VOLUNTEERS ALSO PROVIDE REFERRALS TO EMERGENCY HOUSING AND OTHER SUPPORTIVE SERVICES. DURING 2017 MORE THAN 3,000 OUTREACH CONTACTS WERE MADE BY THE OUTREACH TEAM. 24 HOUR EMERGENCY HOTLINE: LNFY OPERATES A VOLUNTEER RUN 24-HOUR EMERGENCY HOTLINE. FOR MOST OF LNFY'S LGBT HOMELESS YOUTH CLIENTS THE HOTLINE IS THE FIRST POINT OF CONTACT. HOTLINE COUNSELORS ASSESS AND TRIAGE YOUTH NEEDS, CREATE REFERRALS TO PARTNER ORGANIZATIONS, AND INITIATE THE PROGRAMS INTAKE PROCESS. HOMELESSNESS PREVENTION/CASE MANAGEMENT: LNFY CASE MANAGERS WORK WITH CLIENTS TO PROVIDE: HOUSING RELOCATION AND STABILIZATION SERVICES, AND SHORT- AND MEDIUM-TERM RENTAL ASSISTANCE TO PREVENT A CLIENT FROM BECOMING HOMELESS. THROUGH THE HOMELESSNESS PREVENTION PROGRAM LNFY HELPS CLIENTS AT-RISK OF HOMELESSNESS TO MAINTAIN THEIR EXISTING HOUSING OR TRANSITION TO NEW PERMANENT HOUSING. THIS PROGRAM IS RELIANT ON THE AVAILABILITY OF FUNDS.
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IRS990/Form990PartVIISectionAGrp/PersonNm17RICK WESTBROOK
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IRS990/MissionDesc0LOST-N-FOUND YOUTH IS AN ATLANTA, GEORGIA BASED NONPROFIT (501C3) THAT EXISTS TO END HOMELESSNESS FOR LESBIAN, GAY, BISEXUAL, TRANSGENDER, QUEER (LGBTQ+) AND ALL SEXUAL MINORITY YOUTH.
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IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1DEVELOPMENT AND FUNDRAISI
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3BANK AND CREDIT CARD FEES
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IRS990/ProgSrvcAccomActy2Grp/Desc0TRANSITIONAL HOUSING: TRANSITIONAL HOUSING (TH) IS DESIGNED TO PROVIDE HOMELESS INDIVIDUALS WITH INTERIM STABILITY AND SUPPORT TO SUCCESSFULLY MOVE TO AND MAINTAIN PERMANENT HOUSING. YOUTH HOUSE: THE YOUTH HOUSE IS A 6-BED FACILITY LOCATED IN ATLANTA'S HISTORIC WESTEND WHICH HOUSES YOUTH FOR UP TO 6 MONTHS WHILE THEY BUILD THEIR INDIVIDUAL CAPACITY FOR INDEPENDENCE, SELF SUFFICIENCY AND PERMANENT HOUSING. WHILE ENROLLED IN THE YOUTH HOUSE YOUTH ARE REQUIRED TO SECURE AND MAINTAIN FULL TIME EMPLOYMENT, SAVE 60% OF THEIR EARNING, ABSTAIN FROM DRUGS AND ALCOHOL, MEET TWICE PER WEEK WITH CASE MANAGERS, AND COMPLY WITH ALL CURFEWS AND RULES OF THE HOUSE. IN 2017 LNFY'S YOUTH HOUSE PROVIDED 2,688 NIGHTS OF TRANSITIONAL AND EMERGENCY HOUSING FOR 39 AND 259 CLIENTS RESPECTIVELY. RAPID REHOUSING: RAPID RE-HOUSING IS AN INTERVENTION DESIGNED TO HELP INDIVIDUALS AND FAMILIES QUICKLY EXIT HOMELESSNESS AND RETURN TO PERMANENT HOUSING. RAPID RE-HOUSING ASSISTANCE IS OFFERED WITHOUT PRECONDITIONS - LIKE EMPLOYMENT, INCOME, ABSENCE OF CRIMINAL RECORD, OR SOBRIETY - AND THE RESOURCES AND SERVICES PROVIDED ARE TAILORED TO THE UNIQUE NEEDS OF THE HOUSEHOLD. BEGINNING IN 2018 LNFY WILL PARTNER WITH CHRIS180 TO PROVIDE RAPID REHOUSING UNITS SPECIFICALLY FOR LGBT YOUTH IN METRO ATLANTA.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0158277
IRS990/ProgSrvcAccomActy3Grp/Desc0THRIFT STORE: THE CORPORATE OFFICES OF LNFY ARE LOCATED AT 2585 CHANTILLY DRIVE INSIDE OF THE LOST-N-FOUND THRIFT (THRIFT STORE) STORE. IN ADDITION TO CORPORATE OFFICES THE THRIFT STORE IS A DONATION CENTER AND SERVES AS THE FIRST POINT OF CONTACT FOR MANY VOLUNTEERS, DONORS AND CLIENTS. THE THRIFT STORE ALSO HOUSE SEVERAL OF THE SERVICES PROVIDED TO HOMELESS CLIENTS BY LNFY. LAUNDRY: HOMELESS YOUTH CLIENTS HAVE ACCESS TO LAUNDRY SERVICES LOCATED AT THE THRIFT STORE. THE LAUNDRY ROOM IS EQUIPPED WITH WASHERS (2), DRYERS (2), FOLDING STATION, AND COMPLIMENTARY LAUNDRY SOAP. ANY REGISTERED LNFY CLIENT WITH A REFERRAL FROM A LNFY CASE MANAGER CAN BRING UP TO FOUR LOADS PER DAY TO WASH AT LNFY FOR ABSOLUTELY NO COST. BECAUSE THE LAUNDRY ROOM DOUBLES AS A BREAK ROOM FOR THE THRIFT STORE EMPLOYEES IT IS STOCKED WITH COFFEE, TEA, WATER AND PASTRIES FOR CLIENTS AND EMPLOYEES. LINENS FOR THE YOUTH HOUSE AND YOUTH CENTER SHOWER AND OTHER PROGRAM RELATED LAUNDRY IS CARED FOR AT THE THRIFT STORE LAUNDRY ROOM. SHOWERS: THE THRIFT STORE HOUSES ONE OF TWO CLIENT SHOWERS. WITH A REFERRAL FROM A LNFY CASE MANAGER CLIENTS HAVE ACCESS TO FREE, SAFE SHOWER FACILITIES EQUIPPED WITH COMPLIMENTARY TOILETRIES AND CLEAN LINENS. CLOTHING VOUCHERS: LNFY PROVIDES FREE CLOTHING AND SHOES TO ITS HOMELESS AND AT-RISK CLIENTS. WITH A VOUCHER FROM THE YOUTH CENTER LNFY CLIENTS SHOP FOR THE APPAREL OF THEIR CHOICE. IN 2017 LNFY PROVIDED 28,000 IN VOUCHER SALES TO PROVIDE WARM, DRY, AND CLEAN CLOTHES TO OUR HOMELESS AND AT-RISK CLIENTS. APARTMENT PACKS: WHEN CLIENTS ARE READY TO MOVE INTO STABLE AND INDEPENDENT HOUSING ON THEIR OWN LNFY PROVIDES MANY OF THE START-UP ESSENTIALS NECESSARY FOR A NEW HOUSEHOLD. EACH YEAR LNF THRIFT STORE PROVIDES GRADUATES WITH BETWEEN 10 AND 12 APARTMENT PACKS, PROVIDED FROM THE WHICH INCLUDE: -POTS & PANS -DISHES -TOWELS -SHEETS AND LINENS -BLANKETS & COMFORTERS -SMALL KITCHEN APPLIANCES -FURNITURE (BEDS, COUCHES, DINING TABLES AND CHAIRS ETC.) -SHAMPOOS, CONDITIONER, SOAP, AND OTHER ESSENTIAL TOILETRIES -CLEANING SUPPLIES FOOD PANTRY: MANAGED BY THRIFT STORE LNFY MAINTAINS A 500 SQUARE FEET FOOD PANTRY WHICH SUPPLIES MOST OF THE FOOD SERVED AT THE YOUTH SERVICES CENTER, THE YOUTH HOUSE, AND DISTRIBUTED IN THE SHELF STABLE FOOD PACKS. WITH A REFERRAL FROM A CASE MANAGER OR AN APARTMENT PACK VOUCHER LNFY CLIENTS ARE PROVIDED WITH STARTING PANTRIES FOR NEW STABLE AND INDEPENDENT HOMES.
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED DECEMBER 31, 2017, THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME AND ACCORDINGLY, NO UNRELATED BUSINESS INCOME TAX. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE REGULATORY AUTHORITIES FOR ALL OPEN YEARS, WHICH INCLUDE THE LAST THREE YEARS FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0THRIFT STORE VOUCHERS
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IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt01
IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
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IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.42$1.70$2.35$2.07$0.28
2023Detailed filing. Detailed filing data is available for this year.$1.97$0.56$1.41$2.04$1.85$0.19
2022Detailed filing. Detailed filing data is available for this year.$1.90$0.71$1.18$1.91$1.55$0.36
2021Detailed filing. Detailed filing data is available for this year.$0.89$0.12$0.78$2.11$1.79$0.32
2020Detailed filing. Detailed filing data is available for this year.$0.73$0.24$0.50$1.73$1.51$0.23
2019Detailed filing. Detailed filing data is available for this year.$0.32$0.05$0.27$1.59$1.70$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.04$0.38$1.51$1.41$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.33$0.05$0.28$1.52$1.40$0.12
2016Summary only. Only limited summary data is available for this year.$0.20$0.04$0.16$0.50$0.63$0.13
2015Summary only. Only limited summary data is available for this year.$0.30$0.01$0.29$0.51$0.41$0.10
2014Summary only. Only limited summary data is available for this year.$0.21$0.01$0.20$0.37$0.22$0.16
2013Summary only. Only limited summary data is available for this year.$0.07$0.00$0.22$0.18$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.03$0.10$0.07$0.03