Our Fathers Closet Too Inc
- Assets
- $8.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Deland, FL
- Founding
- 02/2001
- Data as of
- 12/2023
- EIN
- 59-3509075
Organization Overview
Our Fathers Closet Too Inc is located in Deland, FL. The organization was established in 2001. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, 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. Our Fathers Closet Too 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 12/2023, Our Fathers Closet Too Inc generated $127.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $128.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDES CLOTHING AND HOUSEHOLD NECCESSITIES TOFAMILIES REFERED BY CHURCHES SCHOOLS CILDREN AND FAMILY SERVICES ETCAND EXCESS INCOME AS CASH GIFTS TO OTHER CHARITABLE SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn T Moore President | 35 | $15,000 | |
Leann E Osborne Vice President | 35 | $15,000 | |
Donald C Moore Secty Treasurer | 35 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $206 |
| Total Revenue | $127,186 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,000 |
| Professional fees and other payments to independent contractors | $1,580 |
| Occupancy, rent, utilities, and maintenance | $52,784 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,784 |
| Total expenses | $128,148 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,986 |
| Other assets | $0 |
| Total assets | $7,989 |
| Total liabilities | $2,640 |
| Net assets or fund balances | $5,349 |