Lost-N-Found Youth Inc

What it reported doing in 2024

Outreach: the lnfy street outreach team provides services to homeless lgbtq+ youth still living on the street or in unstable housing. The street outreach team conducts outreach to unsheltered homeless youth, to link clients to 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, masks, and information about lnfy youth center. Street outreach volunteers also provide referrals to emergency housing and other supportive services. Youth services helpline: for most of lnfy's lgbtq+ homeless youth clients the helpline is the first point of contact. Helpline 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 develop long term independence planning, and referral plans. Case managers are also able to provide rental and utilities assistance to support youth in independent housing. 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. 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. Laundry: homeless youth clients have access to laundry services located at the youth center. 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. Showers: the thrift store hosts the drop-in center, which includes showers available to youth not in the residential program. With a referral from an lnfy case manager, youth have access to safe, clean, shower facilities, stocked with complimentary toiletries and clean linens. Food pantry: managed by the 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 outreach 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 Efficiency

• Mission deployment rate: 70.1%; rating input score 70
• Program expense ratio: 80.3%; rating input score 80
• Fundraising efficiency: $11.85 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 11.8%; rating input score 66; 66th percentile among comparable filings
• Total-asset coverage ratio: 1.02; rating input score 38; 38th percentile among comparable filings
• Liabilities to assets ratio: 0.2; rating input score 44; 44th percentile among comparable filings
• Officer compensation ratio: 5.6%; rating input score 49; 49th percentile among comparable filings

Growth

• Program expense growth: 4.7% per year; rating input score 100; 38th percentile among comparable filings
• Revenue growth: 10.5% per year; rating input score 100; 70th percentile among comparable filings
• Asset growth: 20.3% per year; rating input score 100; 84th percentile among comparable filings