Recraft Creative Reuse Center
- Assets
- $51.0k
- Revenue
- $302.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 07/2019
- Data as of
- 12/2023
- EIN
- 83-2639222
Organization Overview
Recraft Creative Reuse Center is located in Greenville, SC. The organization was established in 2019. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Recraft Creative Reuse Center 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, Recraft Creative Reuse Center generated $302.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 51.7% each year . All expenses for the organization totaled $297.2k during the year ending 12/2023. While expenses have increased by 50.8% per year over the past 2 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RECRAFT'S MISSION IS TO PROMOTE ARTISTIC EXPRESSION, AND ENVIRONMENTAL EDUCATION, AND COMMUNITY RESILIENCE THROUGH REUSE. RECRAFT PROGRAM SERVICES INCLUDE A DONATION STATION, VOLUNTEER HUB, REUSE RETAIL SHOP, MAKERSPACE, AND COMMUNITY OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECRAFT CONTINUED TO OPERATE ITS CREATIVE REUSE CENTER, INCLUDING A PUBLICLY-ACCESSIBLE DONATION STATION, VOLUNTEER HUB, REUSE RETAIL SERVICES SHOP, MAKERSPACE, AND OUTREACH BASE OF OPERATIONS. THESE ACTIVITIES EXPANDED SIGNIFICANTLY WITH A MID-YEAR MOVE FROM 525 HAYWOOD ROAD TO A NEW, LARGER LOCATION AT 2439 LAURENS ROAD IN GREENVILLE, SC.
DESCRIBED IN SCHEDULE 0
RE:DESIGNING CREATIVITY. RECRAFT CONTINUED TO ADMINISTER A PROGRAM, USING MATCHING FUNDS FROM SC ARTS COMMISSION, THAT DISTRIBUTES CREATIVE MATERIALS VIA PUBLIC ELEMENTARY SCHOOL TEACHERS.
TEACHER RE:SOURCE. EXPANDING ON THE SUCCESS OF RE:DESIGNING CREATIVITY -- AND AS A REPLACEMENT FOR THE DISCONTINUED TEACHER RE:SUPPLY DRIVE -- IN LATE 2023 ADDED A "STORE WITHIN A STORE" FOR ALL GREENVILLE COUNTY SCHOOLS ART TEACHERS. TEACHERS RECEIVE A MONTHLY STIPEND TO SPEND WITHIN RECRAFT'S RETAIL SHOP. BETWEEN SEPTEMBER AND DECEMBER, 75 TEACHERS TOOK ADVANTAGE OF THE PROGRAM, COLLECTIVELY SAVING $2,364.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grant Cothran Member At Large, Board Of Directors; Executive Director | OfficerTrustee | 40 | $37,500 |
Jennifer Neubauer Chair, Board Of Directors | Trustee | 5 | $0 |
Silvia Chan Vice Chair, Board Of Directors | Trustee | 2 | $0 |
Dipti Bhide Secretary, Board Of Directors | Trustee | 2 | $0 |
Brandon Leonard Treasurer, Board Of Directors | Trustee | 2 | $0 |
Heather Patel Member At Large, Board Of Directors | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,803 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,803 |
| Total Program Service Revenue | $242,367 |
| 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 | $302,196 |
| 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. | $37,500 |
| Compensation of current officers, directors, key employees. | $37,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $129,777 |
| 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 | $4,230 |
| Advertising and promotion | $2,664 |
| Office expenses | $2,575 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $100,351 |
| Travel | $12,346 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,796 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $888 |
| All other expenses | $0 |
| Total functional expenses | $297,178 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,958 |
| 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 | $50,958 |
| 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 | $50,958 |
| Total liabilities and net assets/fund balances | $50,958 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Call2recycle Inc Atlanta, GA | $23,508,007 | $18,493,931 |
Ag Container Recycling Council Apex, NC | $11,297,767 | $7,195,657 |
The United States Composting Council Raleigh, NC | $1,097,553 | $1,973,245 |
Recycled Paperboard Technical Association Alpharetta, GA | $1,862,822 | $1,282,765 |
Conservation Voters Of South Carolina Education Fund Columbia, SC | $733,100 | $1,019,314 |
Conestee Foundation Inc Conestee, SC | $3,791,491 | $937,380 |
Reconsidered Goods Greensboro, NC | $447,565 | $778,108 |
Composting Council Research And Raleigh, NC | $221,455 | $470,306 |
100 Percent Recycled Paperboard Alliance Inc Alpharetta, GA | $302,398 | $421,621 |
Carolina Recycling Association Greenville, SC | $530,472 | $388,893 |
Recraft Creative Reuse Center Greenville, SC | $50,958 | $302,196 |
The Pedal Factory Salisbury, NC | $34,025 | $0 |
Recycle Repurpose Restore R3 Newnan, GA | $3,919 | $0 |