Stitches Of Love Inc
- Assets
- $36.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kodak, TN
- Founding
- 07/2005
- Data as of
- 12/2021
- EIN
- 84-1659096
Organization Overview
Stitches Of Love Inc is located in Kodak, TN. The organization was established in 2005. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Stitches Of Love 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, Stitches Of Love Inc generated $12.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $4.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.0%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
OVER 4,900 HAND MADE ITEMS DISTRIBUTED TO HOSPITALS,PREGNANCYCENTERS,CHURCHES. DISTRIBUTED IN THE UNITED STATES,IRAQ,AFGHANISTAN AND AFRICA TO CITIZENS OF THOSE COUNTRIES AND US MILITARY UNITS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Schlachter Chairman | 0 | $0 | |
Bruce A Grove Secretary/treasurer | 5 | $0 | |
Melvin Farrar Assistant Treasurer/secretary | 0 | $0 | |
Barbara A Grove President | 20 | $0 | |
Catherine Martin Vice Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,000 |
| 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 | $12,000 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,129 |
| Total expenses | $4,129 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,261 |
| Other assets | $0 |
| Total assets | $36,261 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,261 |
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