Drawer Inc
- Assets
- $109.9k
- Revenue
- $66.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Eagan, MN
- Founding
- 10/2017
- Data as of
- 12/2021
- EIN
- 82-2834119
Organization Overview
Drawer Inc is located in Eagan, MN. The organization was established in 2017. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, 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. Drawer 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, Drawer Inc generated $66.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (46.5%) each year. All expenses for the organization totaled $92.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE WARMTH AND DIGNITY TO THOSE IN NEED THROUGH THE GIFT OF NEW SOCKS AND UNDERWEAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DRAWER COLLECTED 13,697 PAIRS OF NEW SOCKS AND/OR UNDERWEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gina Lindquist Exec Director | 25 | $32,375 | |
Stew Shepard President | Officer | 15 | $0 |
Randy Felch Vice-President | Officer | 5 | $0 |
Rian Greseth Treasurer | Officer | 5 | $0 |
Jen Weers Board Member | Officer | 5 | $0 |
Phil Sarff Board Member | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $66,766 |
| Noncash contributions included in lines 1a–1f | $13,697 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,766 |
| 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 | $66,766 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $42,688 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $32,375 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,889 |
| Fees for services: Management | $6,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,372 |
| Advertising and promotion | $2,399 |
| Office expenses | $74 |
| Information technology | $1,718 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $115 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,419 |
| All other expenses | $0 |
| Total functional expenses | $92,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,174 |
| 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 | $78,764 |
| 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 | $109,938 |
| Accounts payable and accrued expenses | $1,315 |
| 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 | $1,315 |
| Net assets without donor restrictions | $108,623 |
| 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 | $109,938 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Drawer Inc has recieved totaling $8,294.
| Awarding Organization | Amount |
|---|---|
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $8,241 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $53 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Crisis Services And Food Bank Iowa City, IA | $4,710,995 | $6,794,967 |
People Responding In Social Ministry Golden Valley, MN | $1,368,675 | $5,466,280 |
Unitedhealthcare Childrens Foundation Inc Minneapolis, MN | $12,202,952 | $7,262,493 |
Emergency Community Help Organization Echo Mankato, MN | $2,641,378 | $5,204,945 |
Many Hands For Haiti Pella, IA | $2,649,683 | $5,112,564 |
Everyone Cooperating To Help Others Inc Janesville, WI | $2,299,237 | $4,698,837 |
Intercongregation Communities Association Inc Minnetonka, MN | $4,428,327 | $5,204,363 |
Des Moines Area Religious Council Des Moines, IA | $11,606,342 | $4,920,574 |
The Gospel Mission Sioux City, IA | $5,110,679 | $3,681,546 |
Veterans Airlift Command Minneapolis, MN | $10,791,616 | $4,023,751 |
Neighbors Inc South St Paul, MN | $3,016,753 | $3,081,544 |
St Louis Park Emergency Program Inc St Louis Park, MN | $2,845,371 | $3,077,074 |