Deposits Closet Inc
- Assets
- $255.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Deposit, NY
- Founding
- 12/2002
- Data as of
- 12/2021
- EIN
- 71-0887752
Organization Overview
Deposits Closet Inc is located in Deposit, NY. The organization was established in 2002. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deposits Closet 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, Deposits Closet Inc generated $88.0k 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 (8.1%) each year. All expenses for the organization totaled $42.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.7%) 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 |
|---|---|---|---|
Lynn Oconner Vice Chair | 6 | $0 | |
Dorthy Crantz Chairperson | 6 | $0 | |
Ken Darling Board | 2 | $0 | |
Carolyn Schoonmaker Board | 2 | $0 | |
Margaret Karius Secretary | 7 | $0 | |
Deb Stever Treasurer | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,433 |
| Total Program Service Revenue | $60,558 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,994 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $10,196 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,418 |
| Total expenses | $42,614 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,639 |
| Other assets | $0 |
| Total assets | $255,059 |
| Total liabilities | $0 |
| Net assets or fund balances | $255,059 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Deposits Closet Inc has recieved totaling $4,800.
| Awarding Organization | Amount |
|---|---|
George And Margaret Mee Charitable Foundation Binghamton, NY PURPOSE: TOWARDS THE COST OF A NEW ROOF ON THE UPPER SECTION OF THE BUILDING AT 175 FRONT ST., DEPOSIT, NEW YORK. | $4,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aloha Foundation Inc Fairlee, VT | $55,861,935 | $11,897,602 |
Ramapo For Children Inc New York, NY | $10,937,296 | $6,513,024 |
Eli And Bessie Cohen Camps Wellesley, MA | $10,639,534 | $7,379,117 |
Gospel Volunteers Inc Speculator, NY | $22,831,003 | $9,014,614 |
Camp Ramah In New England Norwood, MA | $14,386,736 | $8,356,942 |
Camp Hachsharamoshava Of N Y Inc Honesdale, PA | $10,223,391 | $7,675,937 |
Camp Ramah In The Poconos Bala Cynwyd, PA | $11,768,161 | $7,878,959 |
Henry Kaufmann Campgrounds Inc Pearl River, NY | $6,361,137 | $5,869,898 |
Franconia Mennonite Camp Association Inc Canadensis, PA | $25,678,752 | $7,776,288 |
Keewaydin Foundation Salisbury, VT | $35,301,903 | $7,611,414 |
Helping Hands Inc Bechtelsville, PA | $3,962,624 | $4,451,947 |
Ymca Camp Ockanickon Inc Medford, NJ | $13,691,951 | $4,961,317 |