Giving Closet Project
- Assets
- $14.0k
- Revenue
- $469.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Jacksonville, FL
- Founding
- 05/2016
- Data as of
- 09/2023
- EIN
- 81-2447928
Organization Overview
Giving Closet Project is located in Jacksonville, FL. The organization was established in 2016. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Giving Closet Project 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 09/2023, Giving Closet Project generated $469.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $498.8k during the year ending 09/2023. While expenses have increased by 35.6% per year over the past 5 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.
Since 2021, Giving Closet Project has awarded 82 individual grants totaling $975,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE GIVING CLOSET PROJECT (GCP) PROVIDES CLOTHING, HYGIENE ITEMS AND OTHER BASIC NECESSITIES TO STUDENTS IN NEED, ELEVATING THEIR SELF-ESTEEM AND DIGNITY. BY ENSURING THAT A CHILD'S NEEDS ARE MET
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH OUR ONLINE PORTAL AND COMMUNITY EVENTS, WE SERVED A TOTAL OF 1,644 PROVIDING $164,400 WORTH OF CLOTHING (UNIFORMS & CASUAL WEAR) SOCKS, UNDERWEAR, SHOES AND HYGIENE ITEMS. WE PROVIDED THIS SERVICE TO 47 AGENCIES/SOCAL SERVICES ORGANIZATIONS AND 98 SCHOOLS THROUGHOUT DUVAL. THROUGH ESSENTIAL ANGELS, THE GCP PALM BEACH HUB LOCATED AT RIVIERA BEACH PREPARATORY AND ACHIEVEMENT ACADEMY, SERVED 1,230 STUDENTS IN THE PALM BEACH COUNTY.
COACH GIVEAWAY - PROVIDED OUR PARTNER AGENCIES AND SELECT SCHOOLS WITH COACH BAGS/PURSES TO GIVE TO STAFF AND TEACHERS FOR TEACHER APPRECIATION WEEK. ALL OF THIS WAS MADE POSSIBLE THROUGH OUR PARTNERSHIP WITH SOLES4SOULS OUT OF NASHVILLE, TN.
HOLIDAY GIVEAWAYS - THANKSGIVING GIVEAWAY ADOPTED 100 FAMILIES PROVIDED TURKEYS AND ALL OF THE FIXINGS THAT GO ALONG WITH A THANKSGIVING DINNER. THIS GIVEAWAY WAS MADE POSSIBLE WITH THE SUPPORT OF THE HIRE PURPOSE FOUNDATION, IMETHODS, AND JADEN & JOLEE PHOTOGRAPHY CHRISTMAS GIVEAWAY - 10 FAMILIES (55 CHILDREN TOTAL) WE WORKED ON RAISING DOLLAS AND FOUND SPONSORS TO SHOP FOR INDIVIDUAL STUDENTS AND/OR FAMILIES. WE PROVIDED CHRISTMAS FOR A TOTAL OF 55 YOUTH. FAMILIES WERE PROVIDED WITH HOT MEALS, GIFT CARDS, AND STUDENTS WERE ABLE TO HAVE A "SHOPPING" EXPERIENCE INSIDE OF OUR DURVAL HUB AS WELL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Caffey Board Member | Trustee | 2 | $0 |
Christine Gray Board Member | Trustee | 2 | $0 |
Wilshem Pennick Secretary | Officer | 2 | $0 |
Dean Medly President | Officer | 2 | $0 |
Jeff Mccain Treasurer | Officer | 2 | $0 |
Jennifer Smith Ceo/executive Director | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,457 |
| Related organizations | $0 |
| Government grants | $48,732 |
| All other contributions, gifts, grants, and similar amounts not included above | $414,061 |
| Noncash contributions included in lines 1a–1f | $430,275 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $469,250 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $469,250 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,518 |
| Grants and other assistance to domestic individuals. | $278,068 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,666 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,257 |
| Payroll taxes | $7,814 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,206 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100,901 |
| Advertising and promotion | $902 |
| Office expenses | $1,651 |
| Information technology | $7,373 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,518 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,593 |
| All other expenses | $6,048 |
| Total functional expenses | $498,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,016 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,016 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $14,016 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,016 |
Grants Awarded
Over the last fiscal year, Giving Closet Project has awarded $265,875 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
UCOM-URBANSERV INC PURPOSE: COACH MERCH GIVEAWAY | $16,500 |
FAMILY PROMISE OF JACKSONVILLE PURPOSE: COACH MERCH GIVEAWAY | $26,250 |
THE HANGER 912 INC PURPOSE: COACH MERCH GIVEAWAY | $30,000 |
BILTMORE ELEMENTARY PURPOSE: COACH MERCH GIVEAWAY | $24,375 |
HIDDEN OAKS ELEMENTARY PURPOSE: COACH MERCH GIVEAWAY | $13,125 |
MLK RUTLEDGE PEARSON ELEMENTARY PURPOSE: COACH MERCH GIVEAWAY | $25,125 |