Cheaper By The Pound-Helping Closet

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

EIN: 824337069 ✦ Sunvalley, CA ✦ Designated as a 501(c)(3)

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Overview

What is Cheaper By The Pound-Helping Closet?

Cheaper By The Pound-Helping Closet is a nonprofit organization situated in Sun Valley, California, with a specific focus on assisting women transitioning out of homelessness. They offer housing and home furnishings as part of their mission, which is centered around community development, the arts, and charitable giving. The organization, with a team of seven dedicated individuals, works to uplift the less fortunate and contribute positively to their community.


Official website here: www.thehelpingcloset.com

Is Cheaper By The Pound-Helping Closet legitimate?

Cheaper By The Pound-Helping Closet is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cheaper By The Pound-Helping Closet submitted a form 990, 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: $110,000

For more financial information, click here


Official website here: www.thehelpingcloset.com

What is the mission statement of Cheaper By The Pound-Helping Closet?

Cheaper By The Pound-Helping Closet is dedicated to assisting those in need, focusing on community development, artistic endeavors, and charitable giving. Their primary objective is to extend a helping hand to the less fortunate. This organization has a particular focus on providing housing and home furnishings for women transitioning out of homelessness. By engaging in these activities, Cheaper By The Pound-Helping Closet aims to make a positive impact on the lives of those who are less fortunate.


Official website here: www.thehelpingcloset.com

Who is the CEO of Cheaper By The Pound-Helping Closet?

Ghaalib Green is the President of Cheaper By The Pound-Helping Closet.


Official website here: www.thehelpingcloset.com

What is the revenue of Cheaper By The Pound-Helping Closet?

Cheaper By The Pound-Helping Closet's revenue in 2020 was $253,676.


Official website here: www.thehelpingcloset.com

Who are the executives of Cheaper By The Pound-Helping Closet and what are their salaries?

The average compensation at Cheaper By The Pound-Helping Closet during 2020 was $15,714. There are 7 employees and 25 volunteers at Cheaper By The Pound-Helping Closet.


There is 1 key member and their salary:


Ghaalib Green (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thehelpingcloset.com

Where can I find the form 990 for Cheaper By The Pound-Helping Closet?

Cheaper By The Pound-Helping Closet's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.thehelpingcloset.com

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

Mission Statement of Cheaper By The Pound-Helping Closet

Cheaper By The Pound-Helping Closet is an organization committed to assisting those in need through community development, artistic expression, and charitable giving. Their mission, as stated, is to help the less fortunate in a holistic manner, providing more than just basic necessities. One of their significant initiatives involves offering housing and home furnishings to women transitioning out of homelessness. This approach demonstrates their dedication to not only improving living conditions but also supporting individuals as they work towards rebuilding their lives. By incorporating community development and artistic expression into their mission, Cheaper By The Pound-Helping Closet seeks to foster a sense of empowerment and creativity among the individuals they serve.

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Impact




October, 2024

Cheaper By The Pound-Helping Closet makes a significant impact by providing essential housing and home furnishings for women transitioning from homelessness. By focusing on community development, the organization not only addresses immediate needs but also fosters a supportive environment that encourages personal growth and stability. Their commitment to charitable giving and the arts enhances the community's overall wellbeing, creating a network of support for those in need. Located in Sun Valley, CA, they play a crucial role in uplifting the less fortunate, promoting a path towards self-sufficiency and improved quality of life. The organization serves as a vital resource, helping individuals regain their footing and reclaim their dignity.




This information is meant to be a general summary of Cheaper By The Pound-Helping Closet. 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
$253,676 (2020)
Expenses
$253,676 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $53,676
  • Gross Receipts: $253,676

Assets and Liabilities:

  • Total Assets: $311,671
  • Total Liabilities: $311,671
  • Net Assets: $0

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Organization Details

Founding Year

2018

Principal Officer

Ghaalib Green

Main Address

8654 Sunland Blvd 210, sunvalley, CA, 91352

NTEE Category

Code: P29 - Human services

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