Deposits Closet Inc
- Assets
- $280.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Deposit, NY
- Founding
- 12/2002
- Data as of
- 12/2023
- 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 12/2023, Deposits Closet Inc generated $138.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $93.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 9 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 |
|---|---|---|---|
Carol Hess Chairperson | 6 | $0 | |
Lynn Oconner Vice Chair | 6 | $0 | |
Margaret Karius Secretary | 7 | $0 | |
Deb Stever Treasurer | 7 | $0 | |
Donna Dingee Board | 2 | $0 | |
Donna Hartz Board | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,077 |
| Total Program Service Revenue | $98,782 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $138,865 |
| 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 | $11,644 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,002 |
| Total expenses | $93,646 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,045 |
| Other assets | $0 |
| Total assets | $280,091 |
| Total liabilities | $0 |
| Net assets or fund balances | $280,091 |