BENEFITING: LOST-N-FOUND YOUTH INC
EVENT DATE: May 31, 2013
Reason for Expansion:
After operating for over one year, the board of Lost-n-Found Youth have a new knowledge of the extent of the LGBT youth homeless problem in Atlanta and the State of Georgia. Unfortunately, our 6-bed facility and 7-90 day program is not large enough to meet the current large numbers of LGBT homeless youth in the region.
As a result, many LGBT youth remain on our waitlist—which is to say, on the street or otherwise at risk of being homeless—and we lose contact with these youths.
Our 1st benchmark is to open a Thrift Store that will help generate income for our needed expancion.
Benefits: source of funding for LnF, functionality as a clothing closet/
furniture bank for LnF clients, on-thejob training for LnF clients.
Possible locations: Cheshire Bridge, Midtown
Model programs: Goodwill (USA), Diversity Thrift (VA), Out of the Closet
(CA, FL, NY), Revivals (CA)
Estimated Start-up Costs:
$ 5,000 fixtures & supplies
$22,500 3 months’ expenses
$27,500 total estimated cost
Estimated Revenue: $192,000
In addition to providing revenues, a thrift store would also serve LnF’s homeless LGBT youth clients as:
1. A clothing closet for those that need a fresh outfit for job interviews.
2. A source of furniture and household items for “graduating” LnF youth clients.
3. An on-the-job training site for youth clients that need to add experience to their resumes.