Gift House Inc
- Assets
- $266.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 10/2001
- Data as of
- 12/2021
- EIN
- 36-4458187
Organization Overview
Gift House Inc is located in Chicago, IL. The organization was established in 2001. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gift House 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 12/2021, Gift House Inc generated $19.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (32.6%) each year. All expenses for the organization totaled $18.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jasmine Jackson President | 20 | $0 | |
Alvin Polk Secretary | 4 | $0 | |
Bruce L Jackson Treasurer | 20 | $0 | |
Mark W Leung Interim Executive Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,050 |
| 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 | $19,050 |
| 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 | $1,200 |
| Occupancy, rent, utilities, and maintenance | $3,527 |
| Printing, publications, postage, and shipping | $125 |
| Other expenses | $13,954 |
| Total expenses | $18,806 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $689 |
| Other assets | $0 |
| Total assets | $266,095 |
| Total liabilities | $43,473 |
| Net assets or fund balances | $222,622 |
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