Colorful Closets Of Amarillo
- Assets
- $133.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Canyon, TX
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 81-3693528
Organization Overview
Colorful Closets Of Amarillo is located in Canyon, TX. The organization was established in 2016. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2021, Colorful Closets Of Amarillo employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorful Closets Of Amarillo 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, Colorful Closets Of Amarillo generated $159.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $197.9k during the year ending 12/2021. 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
756 CHILDREN AND/OR ADOLESCENTS' BASIC CLOTHING NEEDS WERE MET BY PROVIDING 15 ITEM WARDROBES (PLUS NEW UNDERWEAR, SOCKS, AND TOILETRIES) TO EACH CHILD OR ADOLESCENT. TOTAL INCLUDES AMOUNTS INCURRED TO PREP ITEMS FOR DISTRIBUTION (IE - CLEANING, ETC).
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 |
|---|---|---|---|
Lindsey Wing Co-Ex. Director | 30 | $33,499 | |
Keely Brown Co-Ex. Director | 30 | $33,499 | |
Trisha Wellborn President | 1 | $0 | |
Lana Dempsey Secretary | 1 | $0 | |
Meg Hutchens Board Member | 0 | $0 | |
Brad Womack Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,766 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,629 |
| Other Revenue | $0 |
| Total Revenue | $159,395 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $77,830 |
| Professional fees and other payments to independent contractors | $825 |
| Occupancy, rent, utilities, and maintenance | $3,900 |
| Printing, publications, postage, and shipping | $1,985 |
| Other expenses | $17,180 |
| Total expenses | $197,901 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,727 |
| Other assets | $0 |
| Total assets | $133,327 |
| Total liabilities | $1,362 |
| Net assets or fund balances | $131,965 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Colorful Closets Of Amarillo has recieved totaling $900.
| Awarding Organization | Amount |
|---|---|
Xcel Energy Foundation Minneapolis, MN PURPOSE: MATCHING EMPLOYEE DONATION | $650 |
Gap Foundation San Francisco, CA PURPOSE: FOR CIVIC & COMMUNITY ENGAGEMENT | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sharing Life Community Outreach Inc Mesquite, TX | $2,053,373 | $25,973,083 |
Food Bank Of Northeast Arkansas Jonesboro, AR | $15,669,571 | $22,965,303 |
Arvac Inc Dardanelle, AR | $9,742,148 | $20,926,071 |
Galveston County Food Bank Texas City, TX | $6,843,848 | $17,758,776 |
Caritas Of Waco Waco, TX | $6,458,652 | $16,290,870 |
Metrocrest Services Farmers Branch, TX | $16,311,455 | $22,147,837 |
Memorial Assistance Ministries Inc Houston, TX | $12,620,656 | $8,704,582 |
Healthcare For The Homeless-Houston Houston, TX | $9,738,330 | $7,057,693 |
Cornerstone Assistance Network Inc Fort Worth, TX | $6,473,488 | $6,928,385 |
Goodness Outreach Depot Haslet, TX | $63,576 | $5,040,175 |
Reach Out America Intnl Inc League City, TX | $82,428 | $5,177,951 |
Humble Area Assistance Ministries Humble, TX | $3,384,410 | $5,119,606 |