Resource Depot Inc
- Assets
- $596.4k
- Revenue
- $676.8k
- Investments
- $0.0
- Employees
- 8
- Location
- West Palm Beach, FL
- Founding
- 01/2000
- Data as of
- 09/2023
- EIN
- 65-0964759
Organization Overview
Resource Depot Inc is located in West Palm Beach, FL. The organization was established in 2000. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 09/2023, Resource Depot Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resource Depot 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 09/2023, Resource Depot Inc generated $676.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $623.0k during the year ending 09/2023. While expenses have increased by 4.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RESOURCE DEPOT'S MISSION IS TO PROVIDE CREATIVE EDUCATIONAL EXPERIENCES FOR THE COMMUNITY THROUGH THE COLLECTION AND REDISTIBUTION OF REUSABLE MATERIALS WHILE MODELING ENVIRONMENTAL STABILITY THOUGH WASTE STREAM MANAGEMENT THROUGH WORKSHOPS AND PUBLIC OUTREACH EVENTS WITH HANDS-ON OPPORTUNITIES FOR CHILDREN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESOURCE DEPOT THE ONLY CREATIVE REUSE AND ENVIRONMENTAL EDUCATION CENTER IN ALL OF SOUTH FLORIDA, FILING THE NEED FOR ECO-SUSTAINABLE AND AFFORDABLE PROGRAMS AND MATERIALS FOR ART EDUCATION, AND THE CREATIVE PUBLIC. RESOURCE DEPOT'S CAUSE PROMOTES A LIFESTYLE THAT REDUCES GARBAGE GOING INTO THE GROUND AND REIMAGINES A PALM BEACH COUNTY WHERE SIMPLICITY FOSTERS EQUALITY AND EVERYONE FEELS THEY HAVE PLENTY AND PLENTY TO SHARE. THE ROBUST STUDENT AFTERSCHOOL AND SUMMER EDUCATION PROGRAMS ARE BUILDING A GENERATION OF CHILDREN WHO WILL BE ECOCONSCIOUS ADULTS THROUGH EARLY ADOPTION OF ENVIRONMENTALLY-FRIENDLY BEHAVIORS. JOIN THE CAUSE- ENF(ENOUGH)- A MANIFESTO OF SOCIAL AND ENVIRONMENTAL PRACTICES THAT SHIFT CONSUMER CULTURE FROM CONVENIENCE TO RESPECT, HEALING OUR LAND AND WATER AS WELL AS OUR RELATIONSHIP TO THE PLANET.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer O'brien Executive Director | Officer | 40 | $104,186 |
Alexia Savage Past President | OfficerTrustee | 1 | $0 |
Pam Sartory Vice President | OfficerTrustee | 1 | $0 |
Ramona Vs Bean Director | Trustee | 1 | $0 |
Brian Elkins Director | Trustee | 1 | $0 |
Geris P Makris Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $556,054 |
| Noncash contributions included in lines 1a–1f | $8,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $556,054 |
| Total Program Service Revenue | $0 |
| Investment income | $1,929 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $118,864 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $676,847 |
| 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. | $104,186 |
| Compensation of current officers, directors, key employees. | $6,178 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $205,234 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,209 |
| Payroll taxes | $23,870 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,282 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $117,302 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,145 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,894 |
| Insurance | $3,930 |
| All other expenses | $102,658 |
| Total functional expenses | $622,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $444,624 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $49,404 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,272 |
| Net Land, buildings, and equipment | $54,363 |
| Investments—publicly traded securities | $35,123 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $570 |
| Total assets | $596,356 |
| Accounts payable and accrued expenses | $16,027 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,073 |
| Total liabilities | $17,100 |
| Net assets without donor restrictions | $568,338 |
| Net assets with donor restrictions | $10,918 |
| 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 | $596,356 |