Cloth Option Inc
- Assets
- $78.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Holyoke, MA
- Founding
- 11/2018
- Data as of
- 06/2024
- EIN
- 83-2191953
Organization Overview
Cloth Option Inc is located in Holyoke, MA. The organization was established in 2018. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., 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. Cloth Option 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 06/2024, Cloth Option Inc generated $134.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $171.6k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sadie Cora President | 5 | $0 | |
Sandra Bildstein Secretary | 0 | $0 | |
Jessica Stone Treasurer | 1 | $0 | |
Zoe Hill Director | 1 | $0 | |
Sarah Nay Director | 1 | $0 | |
Katie Lohr Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $129,024 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,373 |
| Total Revenue | $134,398 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $16,878 |
| Other expenses | $153,920 |
| Total expenses | $171,598 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,091 |
| Other assets | $0 |
| Total assets | $78,760 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,760 |