Gifts For Kids Inc
- Assets
- $66.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sharon, MA
- Founding
- 10/2005
- Data as of
- 01/2022
- EIN
- 20-3361694
Organization Overview
Gifts For Kids Inc is located in Sharon, MA. The organization was established in 2005. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gifts For 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 01/2022, Gifts For Kids Inc generated $176.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $190.1k during the year ending 01/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
GIFTSFORKIDSINC.SOLICITEDFUNDSFROMTHECOMMUNITYANDUSEDTHESEFUNDSTOPURCHASEGIFTCARDSWORTH$150PERCHILDFORFAMILIESREFERREDBYLOCALSOCIALSERVICEAGENCIES.WEWEREABLETOOROVIDEGIFTSFOR1,271CHILDREN.GIFTCARDSWEREDELIVEREDTOTHEAGENCIESFORTRANSFERTOTHEFAMILIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Sandquist President | 2 | $0 | |
Wendy Mullin Treasurer | 4 | $0 | |
Sarah Mercuri Vice President | 1 | $0 | |
Karen Birnbaum Director | 1 | $0 | |
Janet Bean Director | 2 | $0 | |
Kate Dowd Clerk | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,105 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $176,105 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $347 |
| Printing, publications, postage, and shipping | $1,290 |
| Other expenses | $114 |
| Total expenses | $190,135 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,362 |
| Other assets | $0 |
| Total assets | $66,362 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,362 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Gifts For Kids Inc has recieved totaling $1,163.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $163 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sharp Charitable Tr Newton, MA | $8,222,395 | $1,860,011 |
Kollel Bais Yisrael Brooklyn, NY | $246,843 | $998,434 |
Bais Eluzer Fund Monroe, NY | $1,452,032 | $712,379 |
Little Essentials Brooklyn, NY | $330,194 | $693,584 |
Bundles Of Joy New York Inc Bronxville, NY | $395,317 | $592,898 |
Joyce Hergenhan Private Foundation Fairfield, CT | $4,037,389 | $229,293 |
Songs Of Love Foundation Forest Hills, NY | $1,668,057 | $546,584 |
Clark Gillies Foundation Farmingdale, NY | $420,107 | $657,215 |
Juvenile Diabetes Cure Alliance New York, NY | $104,904 | $568,991 |
Brides Across America Andover, MA | $512,791 | $461,175 |
Commonwealth Cares Fund Inc Waltham, MA | $1,360,663 | $804,758 |
Cardinal Kung Foundation Inc Stamford, CT | $669,690 | $284,920 |