Community Treasures is located in Friday Harbor, WA. The organization was established in 2013. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 12/2021, Community Treasures employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Treasures 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, Community Treasures generated $499.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 66.9% each year . All expenses for the organization totaled $435.2k during the year ending 12/2021. While expenses have increased by 65.5% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMPANY HAS RAISED SIGNIFICANT FUNDS TO SUPPORT LOCAL EDUCATION PROGRAMS AND CHARITABLE ORGANIZATIONS
Describe the Organization's Program Activity:
RAISED CASH AND IN KIND DONATIONS TO SUPPORT VARIOUS LOCAL EDUCATIONAL AND CHARITABLE ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia Penwell Secretary | OfficerTrustee | 5 | $0 |
Dwight Ware President | OfficerTrustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $30,000 |
All other contributions, gifts, grants, and similar amounts not included above | $5,305 |
Noncash contributions included in lines 1a–1f | $2,108 |
Total Revenue from Contributions, Gifts, Grants & Similar | $35,305 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $403,968 |
Miscellaneous Revenue | $0 |
Total Revenue | $499,380 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $240,513 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $5,189 |
Payroll taxes | $24,800 |
Fees for services: Management | $0 |
Fees for services: Legal | $65 |
Fees for services: Accounting | $650 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,684 |
Advertising and promotion | $0 |
Office expenses | $720 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $12,598 |
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 | $10,493 |
Insurance | $11,946 |
All other expenses | $82,202 |
Total functional expenses | $435,227 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $25,336 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,477 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $72,756 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $101,569 |
Accounts payable and accrued expenses | $12,169 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $6,693 |
Other liabilities | $605 |
Total liabilities | $19,467 |
Net assets without donor restrictions | $82,102 |
Net assets with donor restrictions | $0 |
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 | $101,569 |
Over the last fiscal year, we have identified 1 grants that Community Treasures has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
The Paul And Phyllis Fireman Charitable Foundation Waltham, MA PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Looptfoundation Portland, OR | $56,493 | $16,408,583 |
Free Geek Portland, OR | $1,016,167 | $3,381,245 |
Methow Salmon Recovery Foundation Twisp, WA | $4,277,906 | $1,818,499 |
Our United Villages Portland, OR | $3,118,439 | $1,795,235 |
Composite Recycling Technology Center Port Angeles, WA | $3,377,751 | $1,383,273 |
Bring Recycling Eugene, OR | $3,054,135 | $1,414,316 |
Oregon Refuse And Recycling Association Salem, OR | $727,687 | $1,151,379 |
Scrap Creative Reuse Portland, OR | $176,383 | $1,151,365 |
Metafoundation Corvallis, OR | $982,680 | $1,136,623 |
Siuslaw Watershed Council Inc Mapleton, OR | $249,761 | $798,212 |
Washington Refuse And Recycling Association Lacey, WA | $479,791 | $683,130 |
Valley Community For Recycling Solutions Wasilla, AK | $869,774 | $688,422 |