Foster Care Clothing Closet Inc
- Assets
- $51.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Florence, SC
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 81-1331343
Organization Overview
Foster Care Clothing Closet Inc is located in Florence, SC. The organization was established in 2016. According to its NTEE Classification (P32) the organization is classified as: Foster Care, 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. Foster Care Clothing 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, Foster Care Clothing Closet Inc generated $53.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $62.6k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE CLOTHING TO CHILDREN IN FOSTER CARE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Griggs President | 4 | $0 | |
Joy Mcknight Vice-President | 1 | $0 | |
James Sheehy Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,004 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,294 |
| Other Revenue | $0 |
| Total Revenue | $53,298 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,281 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $17,036 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,282 |
| Total expenses | $62,599 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,582 |
| Other assets | $0 |
| Total assets | $51,614 |
| Total liabilities | $1,814 |
| Net assets or fund balances | $49,800 |