Desert Best Friends Closet
- Assets
- $346.7k
- Revenue
- $307.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Palm Desert, CA
- Founding
- 08/2008
- Data as of
- 06/2022
- EIN
- 26-2388221
Organization Overview
Desert Best Friends Closet is located in Palm Desert, CA. The organization was established in 2008. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 06/2022, Desert Best Friends Closet employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Desert Best Friends Closet 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 06/2022, Desert Best Friends Closet generated $307.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $330.1k during the year ending 06/2022. While expenses have increased by 20.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST LOW INCOME RESIDENTS TO BECOME EMPLOYED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRIDGE TO EMPLOYMENT: ASSISTED 150 CLIENTS WITH RESUMES, INTERVIEW SKILLS AND JOB DEVELOPMENT.
INTERVIEW ATTIRE: PROVIDED INTERVIEW AND PROFESSIONAL ATTIRE TO 93 CLIENTS.
MARINE BALL AND PROM GOWN PROGRAM: PROVIDED 125 ACTIVE DUTY MARINES WITH GOWNS FOR ANNUAL MARINE BALL. PROVIDED 100 HIGH SCHOOL JUNIORS AND SENIORS WITH GOWNS FOR THE SPRING PROMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Campos Executive Director | Officer | 40 | $56,507 |
Susie Harvey Vice President | OfficerTrustee | 1 | $0 |
Veronica Vergne President | OfficerTrustee | 1 | $0 |
Lena Wade Secretary | OfficerTrustee | 1 | $0 |
Eileen Eske Treasurer | OfficerTrustee | 1 | $0 |
Brandon Gray Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $52,838 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,022 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,860 |
| Total Program Service Revenue | $95,496 |
| 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 | $109,046 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $307,402 |
| 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. | $42,320 |
| Compensation of current officers, directors, key employees. | $4,232 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,824 |
| Pension plan accruals and contributions | $1,622 |
| Other employee benefits | $0 |
| Payroll taxes | $20,853 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $566 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,470 |
| Office expenses | $3,682 |
| Information technology | $5,693 |
| Royalties | $0 |
| Occupancy | $79,987 |
| 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 | $4,518 |
| All other expenses | $0 |
| Total functional expenses | $330,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,531 |
| Savings and temporary cash investments | $132,020 |
| 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 | $26,400 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $12,404 |
| Investments—publicly traded securities | $43,302 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $346,657 |
| Accounts payable and accrued expenses | $672 |
| 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 | $117,400 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $118,072 |
| Net assets without donor restrictions | $228,585 |
| 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 | $346,657 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Desert Best Friends Closet has recieved totaling $9,875.
| Awarding Organization | Amount |
|---|---|
H N And Frances C Berger Foundation Palm Desert, CA PURPOSE: TO PURCHASE AND INSTALL A NEW AIR CONDITIONING UNIT | $8,875 |
The Jerome & Anastasia Angel Charitable Trust Palm Springs, CA PURPOSE: FINANCIAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Industries Of Santa Barbara And Ventura Counties Oxnard, CA | $36,147,815 | $36,387,219 |
Sunshine Acres Boutique & Donation Center Inc Mesa, AZ | $1,532,398 | $4,929,389 |
Achievement House Inc San Luis Obispo, CA | $9,588,064 | $4,686,736 |
3 Way Thrift Store Inc Chino, CA | $3,968,931 | $4,164,171 |
Golden Goose Thrift Shop Tucson, AZ | $3,626,680 | $2,329,296 |
Tavern Guild Foundation Of San Francisco Inc San Francisco, CA | $1,608,294 | $2,133,218 |
Neighborhood Industries Fresno, CA | $1,638,421 | $2,277,011 |
Desert Thrift Shop Inc Mesa, AZ | $1,710,826 | $1,738,589 |
All Out Caring Inc Pomona, CA | $728,758 | $1,913,953 |
Council Of Mid-Willamette Valley Society Of St Vincent De Paul Salem, OR | $932,373 | $1,049,872 |
West Valley Lutheran Thrift Shop Inc Phoenix, AZ | $726,380 | $920,987 |
Bay Area Furniture Bank Sunnyvale, CA | $1,213,792 | $1,121,491 |