Richards Kids Inc is located in Clayton, GA. The organization was established in 2004. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, 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. Richards Kids 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, Richards Kids Inc generated $22.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $28.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.8%) 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
2022
Describe the Organization's Program Activity:
Part 3
THE PROGRAM'S PURPOSE IS TO PROVIDE CLOTHING AND OTHER NEEDS TO INDIVIDUALS IN THE COMMUNITY WHO CANNOT AFFORD TO PROVIDE THOSE ITEMS FOR THEMSELVES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Powers CEO | 15 | $0 | |
Sarah Powers CFO | 15 | $0 | |
Pat Henry Treasurer | 15 | $0 | |
Carolyn Dillards President | 15 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,447 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $56 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,503 |
| 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 | $198 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $187 |
| Other expenses | $0 |
| Total expenses | $28,077 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,783 |
| Other assets | $0 |
| Total assets | $46,242 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,242 |