Clothing Bank Of Norwalk Ohio
- Assets
- $96.7k
- Revenue
- $563.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Norwalk, OH
- Founding
- 12/2007
- Data as of
- 12/2022
- EIN
- 26-0434817
Organization Overview
Clothing Bank Of Norwalk Ohio is located in Norwalk, OH. The organization was established in 2007. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, 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. Clothing Bank Of Norwalk Ohio 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 12/2022, Clothing Bank Of Norwalk Ohio generated $563.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $518.0k during the year ending 12/2022. While expenses have increased by 1.4% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CLOTHING BANK OF NORWALK OHIO PROVIDES GENTLY USED CLOTHING IN AN ATTRACTIVE AND INVITING ATMOSPHERE. PERSONS IN NEED WHO RESIDE IN HURON COUNTY AND NEIGHBORING COMMUNITIES MAY SHOP FOR FREE CLOTHING. NEED IS DEFINED BY ANYONE WHO CANNOT AFFORD TO PURCHASE CLOTHING OR FINDS IT A FINANCIAL STRAIN TO CLOTHE THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS DISTRIBUTED - HELPS FAMILIES AND INDIVIDUALS MEET THEIR BASIC NEEDS BY RE-DISTRIBUTING DONATED USED CLOTHING, HOUSEHOLD GOODS, BEDDING, ETC. DONATED CLOTHING IS PROVIDED LOCALLY AND IS PRIMARILY DISTRIBUTED TO RESIDENTS OF HURON COUNTY AND NEIGHBORING COMMUNITIES. THE CLOTHING BANK WORKS IN COLLABORATION WITH SEVERAL AREA AGENCIES INCLUDING THE SALVATION ARMY TO MAKE SURE AREA CHILDREN HAVE COATS AND HELP PROVIDE CLOTHING FOR SPECIAL SUMMER PROGRAMS AND GOODWILL TO SHARE SURPLUS ITEMS. THE LOCAL RED CROSS, FIRE AND POLICE DEPARTMENTS MAKE REFERRALS TO THOSE IN NEED AFTER EXPERIENCING PERSONAL EMERGENCIES SUCH AS FIRES AND FLOODS.
OCCUPANCY - COSTS ARE RELATED TO THE FACILTY FROM WHICH THE PROGRAM IS ADMINISTERED.
DONATIONS RECYCLED - DONATED ITEMS THAT ARE NOT IN GOOD CONDITION (STAINED, TORN,BROKEN ZIPPERS, ETC) ARE GIVEN TO PUMP HOUSE MINISTRIES TO BE RECYCLED.
UNUSABLE DONATIONS - DONATED ITEMS THAT ARE UNUSABLE OR UNSALVAGABLE (BROKEN, MOLDY) ARE NOT REDISTRIBUTED; THEY ARE PUT IN THE GARBAGE DUE TO THE RISK THEY POSE TO OUR VOLUNTEERS AND CLIENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Hasselbach Member | Trustee | 1 | $0 |
Andrea Lepley President | OfficerTrustee | 1 | $0 |
Kaylee Longo Treasurer | OfficerTrustee | 1 | $0 |
Keri Zendejas Secretary | OfficerTrustee | 1 | $0 |
Sarah Davis Co-Exec. Dir | Officer | 20 | $0 |
Brandi Metzger Co-Exec. Dir | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $64,395 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,395 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| 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 | $563,284 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $896 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,751 |
| 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 | $0 |
| Insurance | $450 |
| All other expenses | $0 |
| Total functional expenses | $517,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,528 |
| Savings and temporary cash investments | $5,116 |
| 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 | $10,020 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $96,664 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $96,664 |
| 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 | $96,664 |