Hope S Closet Inc
- Assets
- $33.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 03/2018
- Data as of
- 12/2022
- EIN
- 82-3562085
Organization Overview
Hope S Closet Inc is located in Louisville, KY. The organization was established in 2018. 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. Hope S 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 12/2022, Hope S Closet Inc generated $43.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.7% each year . All expenses for the organization totaled $42.9k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Dawn Bischoff President | 40 | $0 | |
Raymond Bischoff Treasurer | 40 | $0 | |
Jennifer Mortenson VP | 1 | $0 | |
Carolyn Moffitt Board Member | 8 | $0 | |
Jan Jackson Board Member | 8 | $0 | |
Matt Mortenson Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,542 |
| 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 | $43,542 |
| 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 | $21,360 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,531 |
| Total expenses | $42,891 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,558 |
| Other assets | $0 |
| Total assets | $33,558 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,558 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hope S Closet Inc has recieved totaling $9,000.
| Awarding Organization | Amount |
|---|---|
Players Philanthropy Fund Towson, MD PURPOSE: GENERAL SUPPORT TO FURTHER THE ORGANIZATION'S PURPOSE. | $5,000 |
Lorch Family Foundation Inc Louisville, KY PURPOSE: PROGRAM SUPPORT - CLOTHING CHILDREN | $2,500 |
Enterprise Holdings Foundation Saint Louis, MO PURPOSE: PROGRAM SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sharing Connections Inc Downers Grove, IL | $1,421,434 | $5,757,318 |
United States Of America Chess Federation St Louis, MO | $6,079,423 | $3,913,162 |
Ten Up Ministries Thrift Store Scott Depot, WV | $2,455,437 | $3,085,165 |
Lexington Rescue Mission Inc Lexington, KY | $3,687,691 | $2,773,150 |
Abilities Richmond Richmond, IN | $210,319 | $2,452,026 |
Society Of St Vincent De Paul Diocesan Council Of Lafayette Noblesville, IN | $1,377,536 | $1,591,122 |
Fort Wayne Society Of St Vincent Depaul Inc Fort Wayne, IN | $1,872,143 | $1,538,116 |
Thriftology Inc Fredericksburg, OH | $865,769 | $1,716,371 |
District Of Evansville Of The Society Of St Vincent De Paul Inc Evansville, IN | $3,528,362 | $1,814,462 |
St Vincent De Paul Charitable Enterprises Inc Dayton, OH | $1,036,487 | $913,920 |
Ditto Upscale Resale Warson Woods, MO | $516,704 | $1,429,635 |
Stafford Emergency Relief Through Volunteer Efforts Of Stafford Coun Stafford, VA | $740,386 | $1,196,359 |