Goodfellows of Kokomo Inc.

Goodfellows of Kokomo Inc. is a nonprofit public benefit corporation based in Kokomo, Indiana. The organization has been tax-exempt since April 1971 and is registered with the EIN 237077165. It primarily serves the community of Howard County.

History

The Goodfellows of Kokomo can trace its roots back to a 1911 initiative by Kokomo Tribune employees who purchased gifts for needy families during the Christmas season[2]. However, it was formally established to provide clothing in 1948[3]. Over time, the organization has grown significantly due to the support of local volunteers and donors.

Mission and Activities

The primary mission of Goodfellows of Kokomo Inc. is to provide clothing assistance, particularly during the Christmas season, to children from qualifying families in Howard County. This is achieved through an annual clothing distribution event where families receive vouchers for purchasing clothes at local stores[1][2].

In addition to its holiday program, Goodfellows also provides disaster relief by offering new clothing to children affected by natural disasters, coordinating efforts with other agencies to avoid duplication of services[1].

Beyond clothing assistance, Goodfellows supports educational initiatives by awarding scholarships to eligible students, ensuring opportunities for educational advancement[1].

Community Partnerships

Goodfellows collaborates with several local and national organizations, including the Marine Corps Toys for Tots and the Cops4Kidz program. These partnerships enable the distribution of toys and enhance the organization's ability to support more families[2]. Additionally, Goodfellows works with local businesses and groups for the "Adoption" program, where families receive clothing, toys, and food directly[1].

Funding and Operations

Goodfellows relies heavily on community fundraising events and donations from various sources, including the We Care program. The organization operates without paid staff or building overhead costs, leveraging a network of volunteers to manage operations and ensure funds reach those in need[2].

As of recent financial reports, Goodfellows of Kokomo Inc. has reported revenues and expenses of approximately $249,037 and $264,875, respectively, resulting in a net income deficit of $15,838, while maintaining net assets of over $1,739,000[4].

The organization has received a rating of 3 out of 4 stars from Charity Navigator, reflecting its transparent financial practices and community impact[5].