Civic Intelligence

Josephs Coat Inc.

990 • Fiscal year 2019 • EIN 41-1647621

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

1107 West 7th StreetSt Paul, MN 55102

(651) 291-2472

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

20th percentile

0.00x

Higher debt load relative to revenue than 20% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

51st percentile

3.5%

Higher net margin than 51% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

61st percentile

$83,795

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

56th percentile

5.1%

Faster asset growth than 56% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

81st percentile

30%

Faster revenue growth than 81% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,302,092

Up $63,058 (+5.1%) from 2018

Net Assets

Up

$1,293,379

Up $65,910 (+5.4%) from 2018

Liabilities

Down

$8,713

Down $2,852 (-25%) from 2018

Revenue

Up

$1,890,503

Up $432,805 (+30%) from 2018

Expenses

Up

$1,824,593

Up $478,762 (+36%) from 2018

Net Income

Down

$65,910

Down $45,957 (-41%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $340,007Liabilities 2010: $2,4652010Assets 2011: $312,628Liabilities 2011: $0Net Assets 2011: $312,6282011Assets 2012: $324,409Liabilities 2012: $0Net Assets 2012: $324,4092012Assets 2013: $340,379Liabilities 2013: $0Net Assets 2013: $340,3792013Assets 2014: $340,906Liabilities 2014: $0Net Assets 2014: $340,9062014Assets 2015: $295,788Liabilities 2015: $0Net Assets 2015: $295,7882015Assets 2016: $1,159,490Liabilities 2016: $2,691Net Assets 2016: $1,156,7992016Assets 2017: $1,123,017Liabilities 2017: $7,415Net Assets 2017: $1,115,6022017Assets 2018: $1,239,034Liabilities 2018: $11,565Net Assets 2018: $1,227,4692018Assets 2019: $1,302,092Liabilities 2019: $8,713Net Assets 2019: $1,293,3792019Assets 2020: $1,421,384Liabilities 2020: $33,983Net Assets 2020: $1,387,4012020Assets 2021: $1,436,191Liabilities 2021: $7,866Net Assets 2021: $1,428,3252021Assets 2022: $1,513,378Liabilities 2022: $310,118Net Assets 2022: $1,203,2602022Assets 2023: $1,435,939Liabilities 2023: $270,673Net Assets 2023: $1,165,2662023Assets 2024: $1,466,812Liabilities 2024: $249,693Net Assets 2024: $1,217,1192024

Highlighted filing

2019

Assets$1,302,092
Liabilities$8,713
Net Assets$1,293,379

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $196,608Expenses 2010: $230,126Net Income 2010: -$33,5182010Expenses 2011: $2,631,8972011Expenses 2012: $1,422,3512012Revenue 2013: $1,914,486Expenses 2013: $1,898,516Net Income 2013: $15,9702013Revenue 2014: $1,585,965Expenses 2014: $1,585,438Net Income 2014: $5272014Revenue 2015: $1,403,263Expenses 2015: $1,448,381Net Income 2015: -$45,1182015Revenue 2016: $2,381,736Expenses 2016: $1,520,725Net Income 2016: $861,0112016Revenue 2017: $1,665,333Expenses 2017: $1,706,530Net Income 2017: -$41,1972017Revenue 2018: $1,457,698Expenses 2018: $1,345,831Net Income 2018: $111,8672018Revenue 2019: $1,890,503Expenses 2019: $1,824,593Net Income 2019: $65,9102019Revenue 2020: $1,243,514Expenses 2020: $1,149,492Net Income 2020: $94,0222020Revenue 2021: $880,036Expenses 2021: $906,681Net Income 2021: -$26,6452021Revenue 2022: $1,020,957Expenses 2022: $1,062,165Net Income 2022: -$41,2082022Revenue 2023: $959,184Expenses 2023: $1,090,560Net Income 2023: -$131,3762023Revenue 2024: $1,221,075Expenses 2024: $1,235,953Net Income 2024: -$14,8782024

Highlighted filing

2019

Revenue$1,890,503
Expenses$1,824,593
Net Income$65,910
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.0
Gross Receipts
$1,890,503
Mission and Program Overview

Mission

In fulfilling its mission as a free store providing goods and services to those in need, in an environment of dignity and respect, joseph's coat maintains an inclusive philosophy toward the community's neediest and often most marginalized members. People of all ages ethnic and cultural backgrounds, abilities and challenges are welcomed and served. The agency offers essential support to low-income families, the homeless, those living on fixed incomes, the working poor, new immigrants, the unemployed, those recently released from prison, and individuals battling chemical addictions and mental health issues. Joseph's coat provides a welcoming environment where the dignity of each person who comes through its doors is acknowledged and affirmed.

Providing goods and services to those in need within an environment of dignity and respect.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$915,470$1,080,961▲ $165,491
Savings and Temporary Cash Investments$166,458$167,380▲ $922
Cash and Non-Interest-Bearing Accounts$138,939$36,469▼ $102,470
Accounts Receivable-$5,000-
Land, Buildings, and Equipment, Net$13,276$2,384▼ $10,892
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,239,034$1,302,092▲ $63,058
Other Assets Total$4,891$9,898▲ $5,007
Liabilities
Accounts Payable and Accrued Expenses$11,565$8,713▼ $2,852
Total Liabilities$11,565$8,713▼ $2,852
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,227,469$1,288,379▲ $60,910
Net Assets With Donor Restrictions-$5,000-
Total Net Assets Fund Balance$1,227,469$1,293,379▲ $65,910
Total Liabilities and Net Assets / Fund Balance$1,239,034$1,302,092▲ $63,058

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,384$32,672$35,056
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cheryl SternExecutive DirectorFT$80,420$3,375$83,795

Board Members and Trustees

NameTitle
Betsy KeyesChairman
Bill CulbertsonVice Chair
Frank MileyBoard Member
Linda MischkeBoard Member
Maria GonzalezBoard Member
Marilee MillerBoard Member
Mike MaxwellBoard Member
Paula FaughenderBoard Member
Tanya BeckBoard Member
Kevin NoelSecretary
Ted JessenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,719,111
Program Service Revenue
$0
Investment Income
$146,405
Other Revenue
$24,987
All Other Contributions
$1,719,111
Change in Net Assets
$65,910

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$1,468,122Fair Market Value (FMV)
Total Noncash Contributions$1,468,122-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,468,122
Other Expenses$196,818
Salaries, Compensation, and Employee Benefits$159,653
Total Fundraising Expense$7,983
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,468,122--$1,468,122
Current Officers, Directors, Trustees, and Key Employees$83,795--$83,795
Other Salaries and Wages$41,935$14,790$7,396$64,121
Occupancy$46,205$11,550-$57,755
Office Expenses$20,694$5,174-$25,868
All Other Expenses$14,287$1,624-$15,911
Fees for Services Accounting-$15,107-$15,107
Payroll Taxes$9,976$1,174$587$11,737
Depreciation Depletion$8,714$2,178-$10,892
Other Expenses$7,704$1,926-$9,630
Insurance$5,650$1,413-$7,063
Travel$4,680$1,170-$5,850
Total Functional Expenses$1,750,758$65,852$7,983$1,824,593
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is reviewed by the executive director. After the initial reveiw is completed the executive director of joseph's coat presents the completed form 990 at the first scheduled board of directors meeting after receipt. The board reviews the form 990 and accepts or rejects it for filing. If there are corrections or concerns, the executive director will contact the organization's accounting firm to have revisions made before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The conflict of interest policy covers any person serving as an officer, employee, or member of the board of directors of joseph's coat. On an annual basis, employees and members of the board of directors complete a disclosure form, identifying any circumstances that could contribute to a conflict of interest.if a conflict of interest were to arise the involved individual would disclose all facts material to the situation, to the board of directors. Such disclosure shall be reflected in the minutes of the meeting. The board of directors will then discuss and vote on the issue. The conflicted indiviual is not allowed to participate in the discussion or vote on the issue.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The board of directors determines and approves the compensation of the executive director based on the results of an annual performance review. The performance review for 2019 was presented to the executive director by the chairman of the board of directors on february 20, 2020.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Joseph's coat makes its financial statements available for public inspection on their website. The organization's governing documents and conflict of interest policy are not made available for public inspection.

Filing and Contact Details

Filer

Filer Name
Josephs Coat Inc
EIN
41-1647621
Phone
6512912472
Address
1107 WEST 7TH STREET, ST PAUL, MN 55102

Signing Officer

Name
Cheryl Stern
Title
Executive Director
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Formed
1989
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
7
Volunteers
120

Preparer

Firm
Haworth & Company Ltd
Address
1880 Livingston Avenue Suite 201, West Saint Paul, MN 55118
Preparer
Matthew Kissell CPA
Phone
6514519373
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The organization has tax exempt status under section 501(c)(3) of the internal revenue code and minnesota statute 290.05 and has been classified as an organization that is not a private foundation under the internal revenue code and charitable contributions by donors are tax deductible. The organization is not aware of any unrelated business income, which would be subject to tax.the organization follows guidance in the income tax standard regarding the recognition of uncertain tax positions. This guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. The organization is not aware of any uncertain tax positions. The organization's tax returns are subject to review and examination by federal and state authorities. The tax returns for the years 2016 through 2018 are open to examination by federal and state authorities.

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IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt01468122
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01468122
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01468122
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01890503
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01413
IRS990/InsuranceGrp/ProgramServicesAmt05650
IRS990/InsuranceGrp/TotalAmt07063
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0146405
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0146405
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0915470
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01080961
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt032672
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013276
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02384
IRS990/LandBldgEquipCostOrOtherBssAmt035056
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0IN FULFILLING ITS MISSION AS A FREE STORE PROVIDING GOODS AND SERVICES TO THOSE IN NEED, IN AN ENVIRONMENT OF DIGNITY AND RESPECT, JOSEPH'S COAT MAINTAINS AN INCLUSIVE PHILOSOPHY TOWARD THE COMMUNITY'S NEEDIEST AND OFTEN MOST MARGINALIZED MEMBERS. PEOPLE OF ALL AGES ETHNIC AND CULTURAL BACKGROUNDS, ABILITIES AND CHALLENGES ARE WELCOMED AND SERVED. THE AGENCY OFFERS ESSENTIAL SUPPORT TO LOW-INCOME FAMILIES, THE HOMELESS, THOSE LIVING ON FIXED INCOMES, THE WORKING POOR, NEW IMMIGRANTS, THE UNEMPLOYED, THOSE RECENTLY RELEASED FROM PRISON, AND INDIVIDUALS BATTLING CHEMICAL ADDICTIONS AND MENTAL HEALTH ISSUES. JOSEPH'S COAT PROVIDES A WELCOMING ENVIRONMENT WHERE THE DIGNITY OF EACH PERSON WHO COMES THROUGH ITS DOORS IS ACKNOWLEDGED AND AFFIRMED.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01227469
IRS990/NetAssetsOrFundBalancesEOYAmt01293379
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01227469
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01288379
IRS990/NoncashContributionsAmt01468122
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt011550
IRS990/OccupancyGrp/ProgramServicesAmt046205
IRS990/OccupancyGrp/TotalAmt057755
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05174
IRS990/OfficeExpensesGrp/ProgramServicesAmt020694
IRS990/OfficeExpensesGrp/TotalAmt025868
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04891
IRS990/OtherAssetsTotalGrp/EOYAmt09898
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0SECURITY
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3Printing and Publications
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05221
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12593
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21932
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31926
IRS990/OtherExpensesGrp/ProgramServicesAmt020893
IRS990/OtherExpensesGrp/ProgramServicesAmt110375
IRS990/OtherExpensesGrp/ProgramServicesAmt27728
IRS990/OtherExpensesGrp/ProgramServicesAmt37704
IRS990/OtherExpensesGrp/TotalAmt026114
IRS990/OtherExpensesGrp/TotalAmt112968
IRS990/OtherExpensesGrp/TotalAmt29660
IRS990/OtherExpensesGrp/TotalAmt39630
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0CONSIGNMENT
IRS990/OtherRevenueMiscGrp/ExclusionAmt024987
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt024987
IRS990/OtherRevenueTotalAmt024987
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07396
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014790
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt041935
IRS990/OtherSalariesAndWagesGrp/TotalAmt064121
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0587
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01174
IRS990/PayrollTaxesGrp/ProgramServicesAmt09976
IRS990/PayrollTaxesGrp/TotalAmt011737
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01480638
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01021657
IRS990/PYInvestmentIncomeAmt0-44239
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0165575
IRS990/PYOtherRevenueAmt021299
IRS990/PYRevenuesLessExpensesAmt0111867
IRS990/PYSalariesCompEmpBnftPaidAmt0158599
IRS990/PYTotalExpensesAmt01345831
IRS990/PYTotalRevenueAmt01457698
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt065910
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0166458
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0167380
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01719111
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01480638
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01621644
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02352280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01380050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08553723
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0146405
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0-44239
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017811
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0361
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0419
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0120757
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt024987
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt021299
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt025878
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt029095
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt022792
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0124051
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97220
IRS990ScheduleA/PublicSupportPY170Pct00.98730
IRS990ScheduleA/PublicSupportTotal170Amt08553723
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01719111
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01480638
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01621644
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02352280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01380050
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08553723
IRS990ScheduleA/TotalSupportAmt08798531
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02384
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt032672
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt035056
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND MINNESOTA STATUTE 290.05 AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. THE ORGANIZATION IS NOT AWARE OF ANY UNRELATED BUSINESS INCOME, WHICH WOULD BE SUBJECT TO TAX.THE ORGANIZATION FOLLOWS GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE ORGANIZATION IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2016 THROUGH 2018 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02384
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DONATED CLOTHING HOUSEHOLD PERSONAL
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt01468122
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0CLOTHING, HOUSEHOLD & PERSONAL ITEM
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt020678
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0ESTIMATED FAIR VALUE
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt01468122
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR. AFTER THE INITIAL REVEIW IS COMPLETED THE EXECUTIVE DIRECTOR OF JOSEPH'S COAT PRESENTS THE COMPLETED FORM 990 AT THE FIRST SCHEDULED BOARD OF DIRECTORS MEETING AFTER RECEIPT. THE BOARD REVIEWS THE FORM 990 AND ACCEPTS OR REJECTS IT FOR FILING. IF THERE ARE CORRECTIONS OR CONCERNS, THE EXECUTIVE DIRECTOR WILL CONTACT THE ORGANIZATION'S ACCOUNTING FIRM TO HAVE REVISIONS MADE BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY COVERS ANY PERSON SERVING AS AN OFFICER, EMPLOYEE, OR MEMBER OF THE BOARD OF DIRECTORS OF JOSEPH'S COAT. ON AN ANNUAL BASIS, EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS COMPLETE A DISCLOSURE FORM, IDENTIFYING ANY CIRCUMSTANCES THAT COULD CONTRIBUTE TO A CONFLICT OF INTEREST.IF A CONFLICT OF INTEREST WERE TO ARISE THE INVOLVED INDIVIDUAL WOULD DISCLOSE ALL FACTS MATERIAL TO THE SITUATION, TO THE BOARD OF DIRECTORS. SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. THE BOARD OF DIRECTORS WILL THEN DISCUSS AND VOTE ON THE ISSUE. THE CONFLICTED INDIVIUAL IS NOT ALLOWED TO PARTICIPATE IN THE DISCUSSION OR VOTE ON THE ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS DETERMINES AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR BASED ON THE RESULTS OF AN ANNUAL PERFORMANCE REVIEW. THE PERFORMANCE REVIEW FOR 2019 WAS PRESENTED TO THE EXECUTIVE DIRECTOR BY THE CHAIRMAN OF THE BOARD OF DIRECTORS ON FEBRUARY 20, 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3JOSEPH'S COAT MAKES ITS FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION ON THEIR WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.25$1.22$1.22$1.24$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.27$1.17$0.96$1.09$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.51$0.31$1.20$1.02$1.06$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.44$0.01$1.43$0.88$0.91$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.42$0.03$1.39$1.24$1.15$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.30$0.01$1.29$1.89$1.82$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.24$0.01$1.23$1.46$1.35$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.12$0.01$1.12$1.67$1.71$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$2.38$1.52$0.86
2015Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$1.40$1.45$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$1.59$1.59$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$1.91$1.90$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.00$0.32$1.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.00$0.31$2.63
2010Summary only. Only limited summary data is available for this year.$0.34$0.00$0.20$0.23$0.03