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Hope S Closet Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 823562085 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Hope S Closet Inc?

Hope S Closet Inc is a compassionate nonprofit organization dedicated to supporting children in foster care and kinship placement. Located in Kentucky and southern Indiana, this volunteer-run charity provides a clothing closet where families can shop for free every 60 days. The organization solely relies on donated goods, ensuring that children in need have access to essential clothing items. Additionally, Hope S Closet Inc hosts an annual Christmas party for 500 foster children, adding a festive touch to their lives.


Official website here: www.hopesclosetky.com

Is Hope S Closet Inc legitimate?

Hope S Closet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope S Closet Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.hopesclosetky.com

What is the mission statement of Hope S Closet Inc?

Hope S Closet Inc serves as a clothing closet for children in foster care or kinship placement, providing them with free clothing every 60 days. The organization is run solely by volunteers and relies on donated goods. Its mission is to support these children by offering them essential clothing items, thereby enhancing their well-being and self-esteem. The non-profit organization also hosts a Christmas party for up to 500 foster children annually, aiming to bring joy and cheer during the holiday season.


Official website here: www.hopesclosetky.com

What is the revenue of Hope S Closet Inc?

Hope S Closet Inc's revenue in 2024 was $54,541.


Official website here: www.hopesclosetky.com

Who are the executives of Hope S Closet Inc and what are their salaries?

Here are 4 key members and their salaries:


Angela Bischoff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Mortenson (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond S Bischoff (Tresurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Mortenson (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopesclosetky.com

Where can I find the form 990EZ for Hope S Closet Inc?

Hope S Closet Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.hopesclosetky.com

Learn more at the official website: www.hopesclosetky.com

Mission Statement of Hope S Closet Inc

Hope S Closet Inc, a non-profit organization, is dedicated to providing free clothing for children in foster care or kinship placement. Situated in Kentucky and southern Indiana, this charitable entity offers its services every 60 days, allowing families to shop at their convenience. The organization is entirely run by volunteers, with all items being generously donated. One of the notable events organized by Hope S Closet Inc is a Christmas party, where they extend their support to around 500 foster children. By offering this essential service, the non-profit aims to alleviate some of the financial burdens faced by families caring for children in such placements, thereby contributing to their overall well-being.

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Impact




August, 2024

Hope's Closet Inc provides free clothing for kids in foster care and those in kinship placement in the Louisville, KY area. Their impact is evident in the support they offer to families in need by allowing them to shop for clothing every 60 days. The nonprofit, staffed by dedicated volunteers, ensures that all goods are donated, emphasizing a sense of community and generosity. In addition, Hope's Closet Inc hosts a Christmas party for foster kids, benefitting around 500 children annually. Their work directly benefits vulnerable children by meeting their basic clothing needs and providing them with a sense of belonging and care.




This information is meant to be a general summary of Hope S Closet Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$54,541 (2024)
Expenses
$39,369 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $54,541

Assets and Liabilities:

  • Total Assets: $33,558
  • Total Liabilities: $0
  • Net Assets: $33,558

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Organization Details

Principal Officer

Angela Bischoff

NTEE Category

Code: P29 - Human services

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