Macomb Foster Closet
- Assets
- $55.3k
- Revenue
- $72.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Clemens, MI
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-5120556
Organization Overview
Macomb Foster Closet is located in Mount Clemens, MI. The organization was established in 2018. 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. Macomb Foster 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 12/2022, Macomb Foster Closet generated $72.3k 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 (8.3%) each year. All expenses for the organization totaled $33.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (30.9%) per year over the past 2 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MACOMB FOSTER CLOSET PROVIDES CLOTHING AND OTHER ESSENTIAL ITEMS FREE TO CHILDREN IN FOSTER CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FOR CHILDREN IN FOSTER CARE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Duncan Secretary | Officer | 10 | $0 |
Kristen Murphy Officer | Officer | 10 | $0 |
Kevin Mcalpine President | Officer | 20 | $0 |
Melissa Brunnemer Treasurer | Officer | 10 | $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 | $72,326 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,326 |
| 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 | $72,326 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Advertising and promotion | $1,103 |
| Office expenses | $2,363 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,250 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $1,771 |
| Total functional expenses | $33,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,011 |
| Savings and temporary cash investments | $16,261 |
| 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 | $55,272 |
| 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 | $0 |
| 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 | $55,272 |
| Total liabilities and net assets/fund balances | $55,272 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Macomb Foster Closet has recieved totaling $4,031.
| Awarding Organization | Amount |
|---|---|
Elizabeth K Galeana Charitable Foundation Inc Fort Myers, FL PURPOSE: GENERAL PURPOSE | $3,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $531 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spaulding For Children Southfield, MI | $7,623,371 | $10,216,119 |
Cadence Care Network Niles, OH | $3,603,274 | $7,911,630 |
Ohio Teaching-Family Association Swanton, OH | $1,062,390 | $6,784,090 |
Children Have Options In Caring Environments Inc Dayton, OH | $1,950,175 | $5,061,139 |
Caring For Kids Inc Cuyahoga Falls, OH | $2,258,086 | $5,059,020 |
Anu Family Services Inc Hudson, WI | $1,968,643 | $4,725,579 |
Sojourners Care Network Mcarthur, OH | $2,182,507 | $4,193,596 |
Agape For Youth Inc Dayton, OH | $567,683 | $3,755,664 |
Youth Advocate Services Columbus, OH | $2,471,574 | $3,206,451 |
House Of Providence Oxford, MI | $4,144,149 | $3,471,318 |
A New Leaf Inc Kingston, OH | $2,017,359 | $3,341,527 |
Kids Count Too Inc Bowling Green, OH | $1,092,528 | $2,905,225 |