Giftmart Family Charities Inc
- Assets
- $3.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Naperville, IL
- Founding
- Data as of
- 12/2023
- EIN
- 88-2603097
Organization Overview
Giftmart Family Charities Inc is located in Naperville, IL. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, 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. Giftmart Family Charities 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 12/2023, Giftmart Family Charities Inc generated $3.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (30.2%) each year. All expenses for the organization totaled $3.6k during the year ending 12/2023. 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
GIFTMART FAMILY CHARITIES IS A CHRISTMAS SHOPPING EVENT IN DECEMBER TO OFFER FAMILIES A HAND UP DURING THE HOLIDAYS. THE EVENT TAKES PLACE OVER 2 DAYS ONE TO SERVE CHILDREN IN NAPERVILLE IL SCHOOL DISTRICT 203 AND THE SECOND DAY TO SERVE CHILDREN IN NAPERVILLE IL SCHOOL DISTRICT 204. THE MODEL CREATES A SHOPPING EVENT WITH DONATED TOYS AND TO INVITE UNDER-RESOURCED FAMILIES IN THE COMMUNITY TO TAKE PART IN IT. THE EVENT INVITES THE FAMILIES OF OVER 1500 CHILDREN IN BOTH SCHOOL DISTRICTS. OUR GOAL IS TO COLLECT OVER 4000 TOYS THAT THE PARENTS WOULD THEN HAND SELECT FOR THEIR CHILDREN PURCHASE FOR $2 EACH AND HAVE WRAPPED ON SITE. 100% OF THE PARENT'S FINANCIAL CONTRIBUTION TO THE PURCHASE GOES BACK TO THEIR CHILD'S HOME SCHOOL TO SUPPORT EDUCATIONAL PROGRAMS AND PURCHASES NEEDED BY THE SCHOOLS. GIFTMART FAMILY CHARITIES DOES NOT KEEP ANY OF THE FUNDS FROM THE PURCHASE OF THESE TOYS. 100% OF THE MONEY GOES BACK TO THE SCHOOLS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pam Blanchard Treasurer | 2 | $0 | |
Jennifer Schreier Secretary | 2 | $0 | |
Katie Minott President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,493 |
| 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 | $3,493 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,602 |
| Total expenses | $3,602 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,853 |
| Other assets | $0 |
| Total assets | $3,853 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,853 |