Respectacle Inc
- Assets
- $292.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hudson, WI
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 45-2427833
Organization Overview
Respectacle Inc is located in Hudson, WI. The organization was established in 2014. According to its NTEE Classification (O19) the organization is classified as: Support N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Respectacle 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, Respectacle Inc generated $126.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $87.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.2%) per year over the past 5 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
THE PURPOSE OF RESPECTACLE IS TO RECYCLE HIGH QUALITY, PRESCRIPTION-MATCHED, USED EYE GLASSES TO UNDERSERVED POPULATIONS IN THE USA AND ABROAD. THE DONATED GLASSES ARE SELECTIVELY PROCESSED BY VOLUNTEERS INTO AN ONLINE DATABASE END-USERS CAN SEARCH FOR GOOD (PRESCRIPTION AND STYLE) MATCH USING OUR UNIQUE ONLINE SEARCH ALGORITHM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Lynch Ceo/board Membe | 10 | $0 | |
Josh Anderson Board Member | 1 | $0 | |
Evan Ballard Board Member | 1 | $0 | |
Tayyeba Ali Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,205 |
| Total Program Service Revenue | $6,641 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $126,912 |
| 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 | $45,487 |
| Occupancy, rent, utilities, and maintenance | $17,740 |
| Printing, publications, postage, and shipping | $4,522 |
| Other expenses | $19,797 |
| Total expenses | $87,546 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,704 |
| Other assets | $0 |
| Total assets | $292,236 |
| Total liabilities | $2,093 |
| Net assets or fund balances | $290,143 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Respectacle Inc has recieved totaling $23,673.
| Awarding Organization | Amount |
|---|---|
Hudson Hospital Foundation Hudson, WI PURPOSE: PROGRAM SUPPORT | $10,000 |
John Hart Foundation Chicago, IL PURPOSE: CHARITABLE | $7,500 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,099 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $74 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fenwick Girls Hockey Club Inc Oak Park, IL | $64,395 | $318,614 |
Jennings Development Interplex Kalamazoo, MI | $845,404 | $137,711 |
Free Bikes 4 Kidz Madison Inc Madison, WI | $49,529 | $0 |
Young Black & Lit Evanston, IL | $189,480 | $418,471 |
Respectacle Inc Hudson, WI | $292,236 | $0 |
Veym Central Region Kentwood, MI | $31,166 | $0 |
Board Of Regents Of The University Of Wisconsin System Kewaunee, WI | $219,384 | $0 |
Grundy County Friends Seneca, IL | $16,918 | $0 |
Help Heal Humanity Inc Nfp Chicago, IL | $332 | $0 |
Hiawathaland Camp Corporation Appleton, WI | $731,481 | $0 |