Frenzi A Nonprofit Corporation
- Assets
- $9.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burien, WA
- Founding
- 02/2011
- Data as of
- 12/2022
- EIN
- 27-2566773
Organization Overview
Frenzi A Nonprofit Corporation is located in Burien, WA. The organization was established in 2011. 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. Frenzi A Nonprofit Corporation 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, Frenzi A Nonprofit Corporation generated $115.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $125.0k during the year ending 12/2022. While expenses have increased by 2.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DISTRIBUTE DONATED AND PURCHASED CLOTHING VALUED AT AT $18500 TO THE NEEDY AND FUND PURCHASES AND ADMINISTRTION COSTS THROUGH FRENZI THRIFT SHOP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janie Marra Governor | 40 | $0 | |
Pam Johnson Governor | 10 | $0 | |
Bob Yeaw Governor | 10 | $0 | |
Michael Wahl Governor | 40 | $38,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8,927 |
| Total Revenue | $115,643 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,813 |
| Professional fees and other payments to independent contractors | $6,550 |
| Occupancy, rent, utilities, and maintenance | $37,472 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,157 |
| Total expenses | $124,992 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,577 |
| Other assets | $0 |
| Total assets | $9,628 |
| Total liabilities | $58,844 |
| Net assets or fund balances | -$49,216 |