Fleece & Thank You
- Assets
- $251.3k
- Revenue
- $684.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Farmington Hills, MI
- Founding
- 01/2016
- Data as of
- 10/2022
- EIN
- 47-5263037
Organization Overview
Fleece & Thank You is located in Farmington Hills, MI. The organization was established in 2016. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 10/2022, Fleece & Thank You employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fleece & Thank You 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 10/2022, Fleece & Thank You generated $684.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 58.3% each year . All expenses for the organization totaled $711.4k during the year ending 10/2022. 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
PROVIDES COMFORT AND HOPE TO CHILDREN BATTLING ILLNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLANKET DONATION BY SELLING READY TO MAKE FLEECE BLANKET KITS. AFTER THE DONORS MAKE THE FLEECE BLANKET, FLEECE AND THANK YOU WILL DELIVER IT TO CHILDREN IN A HOSPITAL. FLEECE AND THANK YOU HAS PARTNERED WITH HOSPITALS AROUND THE USA AND DONATED OVER 100,000 BLANKETS TO CHILDREN IN NEED.
BLANKETS THERAPY PROGRAM: BLANKETS ARE DONATED TO HOSPITALS FOR THE PATIENTS TO MAKE, THEN THE BLANKETS GO TO FUTURE PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Kristock Executive Director | Officer | 40 | $62,045 |
Tamika Andersen Member | Trustee | 1 | $0 |
Kristen Bennetts Member | Trustee | 1 | $0 |
Denton Farley Member | Trustee | 1 | $0 |
Sherry Huffman Member (ended 7/22) | Trustee | 1 | $0 |
Lisa Beach Member,ops & Special Event Committee | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $36,597 |
| Related organizations | $0 |
| Government grants | $72,618 |
| All other contributions, gifts, grants, and similar amounts not included above | $135,837 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $245,052 |
| Total Program Service Revenue | $416,795 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $22,725 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $684,583 |
| 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. | $59,225 |
| Compensation of current officers, directors, key employees. | $8,884 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,996 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,671 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,710 |
| Fees for services: Accounting | $39,172 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,293 |
| Advertising and promotion | $42,036 |
| Office expenses | $48,680 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,013 |
| Travel | $1,890 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,917 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,314 |
| Insurance | $11,372 |
| All other expenses | -$10,157 |
| Total functional expenses | $711,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,074 |
| Savings and temporary cash investments | $60,011 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,725 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $76,039 |
| Prepaid expenses and deferred charges | $4,156 |
| Net Land, buildings, and equipment | $16,965 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $336 |
| Other assets | $0 |
| Total assets | $251,306 |
| Accounts payable and accrued expenses | $30,748 |
| 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 | $15,240 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $166,460 |
| Total liabilities | $212,448 |
| Net assets without donor restrictions | $38,858 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $251,306 |