Giving Closet Project
- Assets
- $28.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville Beach, FL
- Founding
- 05/2016
- Data as of
- 09/2021
- EIN
- 81-2447928
Organization Overview
Giving Closet Project is located in Jacksonville Beach, FL. The organization was established in 2016. According to its NTEE Classification (O99) the organization is classified as: Youth Development 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. Giving Closet Project 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 09/2021, Giving Closet Project generated $139.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $112.6k during the year ending 09/2021. While expenses have increased by 1.2% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Harris President | 2 | $0 | |
Gerald Thomas VP | 2 | $0 | |
Russell Caffey Treasurer | 2 | $0 | |
Willshem Pennick Board Member | 2 | $0 | |
Aaron Sheklin Secretary | 2 | $0 | |
Jennifer Smith Executive Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,609 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139,609 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $29,837 |
| Salaries, other compensation, and employee benefits | $82,784 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $112,621 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,452 |
| Other assets | $0 |
| Total assets | $28,452 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,452 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Giving Closet Project has recieved totaling $147,118.
| Awarding Organization | Amount |
|---|---|
Soles 4 Souls Old Hickory, TN PURPOSE: FREE DISTRIBUTION OF SHOES AND CLOTHING | $111,618 |
The Community Foundation For Northeast Florida Inc Jacksonville, FL PURPOSE: TO FUND A CHALLENGE GRANT THE DEVELOPMENT OF ON-SITE GIVING CLOSETS AT FIVE DUVAL COUNTY PUBLIC SCHOOLS | $15,000 |
The Walter And Adi Blum Foundation Inc Palm Beach Gardens, FL PURPOSE: BASED AT THE RIVIERA BEACH PREP SCHO | $10,000 |
Pga Tour Inc Ponte Vedra Beach, FL PURPOSE: GENERAL SUPPORT | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ums-Wright Corporation Mobile, AL | $47,143,779 | $23,485,444 |
Boys & Girls Club Of Lanier Inc Gainesville, GA | $11,561,419 | $9,878,152 |
Excellence In Education National Inc Tallahassee, FL | $1,585,367 | $2,119,515 |
Progressive Agriculture Foundation Birmingham, AL | $1,602,954 | $2,339,463 |
Ronald Mcdonald House Charities Of Northwest Florida Inc Pensacola, FL | $7,362,499 | $1,624,736 |
Digital Vibez Inc West Palm Beach, FL | $503,053 | $1,150,763 |
Concerned Citizens For Our Youth Inc Jasper, AL | $2,606,099 | $944,991 |
Children 1st Community Development Services Atlanta, GA | $152,854 | $873,207 |
Childrens Services Council Of Florida Inc Tallahassee, FL | $942,648 | $880,357 |
Jhett Micheal Scholars Foundation Inc Atlanta, GA | $37,855 | $825,305 |
Huntsville Soccer Club Inc Huntsville, AL | $473,605 | $851,936 |
Onbikes Inc Tampa, FL | $157,077 | $701,944 |