Brysonns Closet
- Assets
- $37.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Ridge, TN
- Founding
- 12/2017
- Data as of
- 12/2023
- EIN
- 82-3541163
Organization Overview
Brysonns Closet is located in Oak Ridge, TN. The organization was established in 2017. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, 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. Brysonns Closet 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, Brysonns Closet generated $184.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $169.2k during the year ending 12/2023. While expenses have increased by 27.6% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THRIFT SHOP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Messamore President | 25 | $1,436 | |
Mikalea Messamore Vice President | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $184,391 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $184,391 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,815 |
| Professional fees and other payments to independent contractors | $10,497 |
| Occupancy, rent, utilities, and maintenance | $25,800 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55,291 |
| Total expenses | $169,244 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,697 |
| Other assets | $0 |
| Total assets | $37,546 |
| Total liabilities | $24,786 |
| Net assets or fund balances | $12,760 |