Clothes To Kids Inc
- Assets
- $1.7m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 16
- Location
- Clearwater, FL
- Founding
- 11/2002
- Data as of
- 12/2021
- EIN
- 14-1849798
Organization Overview
Clothes To Kids Inc is located in Clearwater, FL. The organization was established in 2002. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2021, Clothes To Kids Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clothes To Kids Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Clothes To Kids Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 6.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF CLOTHES TO KIDS, INC. IS TO PROVIDE NEW AND QUALITY USED CLOTHING TO LOW-INCOME SCHOOL AGED CHILDREN, FREE OF CHARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, CLOTHES TO KIDS (CTK) DISTRIBUTED A TOTAL OF 11,691 WARDROBES. THE TOTAL COST FOR CTK TO PROVIDE ONE WARDROBE TO A CHILD IS $50. FOR BOTH PINELLAS AND HILLSBOROUGH COUNTIES MORE THAN HALF OF ALL STUDENTS QUALIFY FOR FREE OR REDUCED PRICE LUNCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Jacobs Executive Director | Officer | 40 | $75,704 |
Craig West President | OfficerTrustee | 2 | $0 |
Tari A Connell Past President | OfficerTrustee | 2 | $0 |
Matthew L Felix Vice President | OfficerTrustee | 2 | $0 |
Robert Gilbride Treasurer | OfficerTrustee | 2 | $0 |
Beth Casey Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $80,982 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,135,566 |
| Noncash contributions included in lines 1a–1f | $980,873 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,216,548 |
| Total Program Service Revenue | $0 |
| Investment income | $78,992 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,304,016 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $950,438 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $76,111 |
| Compensation of current officers, directors, key employees. | $19,028 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $294,955 |
| Pension plan accruals and contributions | $9,710 |
| Other employee benefits | $6,393 |
| Payroll taxes | $29,248 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,131 |
| Office expenses | $0 |
| Information technology | $18,352 |
| Royalties | $0 |
| Occupancy | $163,195 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,483 |
| Insurance | $10,647 |
| All other expenses | $34,808 |
| Total functional expenses | $1,842,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $434,925 |
| Savings and temporary cash investments | $665,380 |
| Pledges and grants receivable | $51,961 |
| Accounts receivable, net | $70,473 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $388,897 |
| Prepaid expenses and deferred charges | $7,330 |
| Net Land, buildings, and equipment | $30,365 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,628 |
| Total assets | $1,668,959 |
| Accounts payable and accrued expenses | $7,448 |
| Grants payable | $0 |
| Deferred revenue | $30,408 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,525 |
| Total liabilities | $48,381 |
| Net assets without donor restrictions | $1,572,141 |
| Net assets with donor restrictions | $48,437 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,668,959 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that Clothes To Kids Inc has recieved totaling $389,849.
| Awarding Organization | Amount |
|---|---|
Sylvan Oaks Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $161,359 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $60,144 |
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $58,935 |
Soles 4 Souls Old Hickory, TN PURPOSE: FREE DISTRIBUTION OF SHOES AND CLOTHING | $23,525 |
White Family Foundation Tarpon Springs, FL PURPOSE: CLOTHES FOR CHILDREN IN NEED | $15,000 |
Pinellas Community Foundation Clearwater, FL PURPOSE: GENERAL SUPPORT | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Saint Vincent De Paul Archdiocesan Council Of Miami Inc Pompano Beach, FL | $3,397,404 | $19,730,738 |
United Food Force Inc Mcdonough, GA | $2,007,344 | $13,651,508 |
North Fulton Community Charities Inc Roswell, GA | $11,894,105 | $9,822,757 |
Guadalupe Center Inc Immokalee, FL | $34,725,247 | $10,336,236 |
Suwannee River Economic Council Inc Live Oak, FL | $11,040,915 | $10,809,729 |
The Center For Family Resources Inc Marietta, GA | $3,412,600 | $7,984,553 |
United Food Bank And Services Of Plant City Inc Plant City, FL | $2,071,779 | $8,259,212 |
Jesus House Of Hope Inc Stuart, FL | $4,353,557 | $8,126,486 |
Law Enforcement Officers Relief Fund Inc Sarasota, FL | $947,291 | $7,460,031 |
Tarpon Springs Shepherd Center Inc Tarpon Springs, FL | $1,718,168 | $6,908,224 |
Interfaith Emergency Services Inc Ocala, FL | $5,963,488 | $6,296,674 |
Beaches Emergency Assistance Ministry Inc Jacksonville Beach, FL | $4,037,553 | $5,462,867 |