Shoe Closets Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 47-2170956
Organization Overview
Shoe Closets Inc is located in Indianapolis, IN. The organization was established in 2014. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shoe Closets 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, Shoe Closets Inc generated $878.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (49.5%) each year. All expenses for the organization totaled $56.2k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDING SHOES TO CHILDREN IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Olmstead Executive Director | 2.5 | $0 | |
Donald Boyle President/graphics | 2 | $0 | |
Sharon Gillie Inventory/runner Training | 0.5 | $0 | |
Judith Boyle Secretary/treasurer | 2.5 | $0 | |
Mike Olmstead Community Contact/donor Devel. | 0.5 | $0 | |
Jim Mcgovern Ministry Awareness | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $878 |
| 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 | $878 |
| 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 | $1,180 |
| Occupancy, rent, utilities, and maintenance | $43 |
| Printing, publications, postage, and shipping | $330 |
| Other expenses | $3,617 |
| Total expenses | $56,170 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shoe Closets Inc has recieved totaling $29.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $29 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Holl Trust B Presbyterian Home Milwaukee, WI | $34,163,292 | $4,097,383 |
Shoppinggives Foundation Chicago, IL | $463,970 | $1,669,819 |
Coca Qalicb Inc Saint Louis, MO | $31,981,162 | $1,980,360 |
National Association Of Charitable Gift Planners Inc Indianapolis, IN | $1,287,608 | $1,242,754 |
Indiana Philanthropy Alliance Inc Indianapolis, IN | $2,099,351 | $1,191,041 |
Indiana Philanthropy Alliance Foundation Inc Indianapolis, IN | $2,066,230 | $804,018 |
Nonprofit Connect Network Learn Grow Kansas City, MO | $2,501,951 | $1,465,132 |
Wisconsin Philanthropy Network Inc Milwaukee, WI | $894,082 | $720,344 |
Richard G Moench Charitable Tr Peter J Sacopulos Ttee Terre Haute, IN | $9,912,661 | $1,644,844 |
Love Thy Neighborhood Louisville, KY | $166,413 | $547,792 |
Geevarghese Family Charitable Foundation Louisville, KY | $0 | $55,830 |
Ipa Foundation Louisville, KY | $2,048,936 | $802,547 |