Compassion Closet Of East Tennessee
- Assets
- $63.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 83-3597804
Organization Overview
Compassion Closet Of East Tennessee is located in Knoxville, TN. The organization was established in 2019. According to its NTEE Classification (P32) the organization is classified as: Foster Care, 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. Compassion Closet Of East Tennessee 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, Compassion Closet Of East Tennessee generated $116.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $105.7k during the year ending 12/2023. While expenses have increased by 12.5% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED CLOTHING AND TANGIBLE GOODS TO FOSTER CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Gillen Executive Director | 10 | $3,600 | |
Robert Gillen President | 1 | $0 | |
Wade Sexton Treasurer | 1 | $0 | |
David Resseguie Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,255 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $408 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,663 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,884 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $36,986 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,786 |
| Total expenses | $105,656 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,158 |
| Other assets | $0 |
| Total assets | $63,693 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,693 |