Lockport Resource Center is located in Lockport, IL. The organization was established in 2014. 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. Lockport Resource Center 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 12/2020, Lockport Resource Center generated $43.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $31.0k during the year ending 12/2020. While expenses have increased by 0.3% per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
OPERATE A TRHIFT STORE TO FUND NO-INTEREST, SHORT-TERM LOANS, DONATE FOOD THE THE LOCAL FOOD PANTRY, AND SUPPLY LOW INCOME FAMILIES WITH SCHOOL SUPPLIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennie Hoffman Treasurer | 0 | $0 | |
Cean Magosky President | 0 | $0 | |
Christopher Lindblom Vice President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $27,505 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $5 |
Total Revenue | $43,556 |
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 | $1,746 |
Occupancy, rent, utilities, and maintenance | $21,093 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,116 |
Total expenses | $30,955 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,149 |
Other assets | $0 |
Total assets | $38,061 |
Total liabilities | $369 |
Net assets or fund balances | $37,692 |
Over the last fiscal year, we have identified 3 grants that Lockport Resource Center has recieved totaling $2,384.
Awarding Organization | Amount |
---|---|
The Richard M Schulze Family Foundation Minneapolis, MN PURPOSE: HUMAN SERVICES | $2,000 |
C H Robinson Worldwide Foundation Sioux Falls, SD PURPOSE: GENERAL OPERATING FUND | $330 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $54 |
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