Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
The Storehouse Project Inc
990EZ • Fiscal year 2018 • EIN 46-4513921
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
2.47x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Balance Sheet
Assets
Up$23,633
Up $13,424 (+131%) from 2017
Net Assets
Down-$34,806
Down $17,224 (-98%) from 2017
Liabilities
Up$58,439
Up $30,648 (+110%) from 2017
Revenue And Expenses
Revenue
Up$29,802
Up $8,738 (+41%) from 2017
Expenses
Up$41,296
Up $2,650 (+6.9%) from 2017
Net Income
Up-$11,494
Up $6,088 (+35%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2017 to Jun 30, 2018
- Signed
- May 29, 2019
- Return Version
- 2017v2.3
- Gross Receipts
- $29,802
Mission and Program Overview
Mission
The storehouse project (tsp) is designed to be a place of refuge. Tps provides a comprehensive program of services to those experiencing challenges in meeting basic needs such as clothing, food, shelter, medical assistance and other related resources. Tsp will also provide a variety of trainings opportunities designed to help clients reach a place of self- sustainability.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVISION OF FOOD, HOT MEALS, FURNITURE AND CLOTHING WITH THE FINAL PHASE TO INCLUDE A THRIFT STORE, TRAINING CLASSES AND SUPPORITVE HOUSEING. STAFF PROVIDES OUTREACH IN COMMUNITY LOCATIONS WHERE POTENTIAL PARTICIPANTS CONGREGATE TO PROVIDE INFORMATION AND AWARENESS ABOUT THE AVAILABILITY OF SERVICES. | - | $17,079 |
| PROVISION OF FOOD, HOT MEALS, FURNITURE AND CLOTHING WITH THE FINAL PHASE TO INCLUDE A THRIFT STORE, TRAINING CLASSES AND SUPPORITVE HOUSEING. STAFF PROVIDES OUTREACH IN COMMUNITY LOCATIONS WHERE POTENTIAL PARTICIPANTS CONGREGATE TO PROVIDE INFORMATION AND AWARENESS ABOUT THE AVAILABILITY OF SERVICES. | - | $11,687 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| - | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Storehouse Project Inc
- EIN
- 46-4513921
- Address
- 192 MEADOW STREET, MILFORD, CT 06461
Signing Officer
- Name
- Alfred D Watts
- Title
- President
- Signed
- 2019-05-29
- Discuss with paid preparer
- Yes
Preparer
- Firm
- SMITH KLEIN & PAVANO CPA'S LLC
- Address
- 47 MIDDLETOWN AVE, NORTH HAVEN, CT 06473-3926
- Preparer
- Richard J Pavano
- Phone
- 2039331679
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses 29,609 non-investment depreciation 1,432 total 31,041”
Form 990-ez, Part II, Line 24
“Prepaid expenses and deferred charges 3,164 1,873 furniture 0 5,925 less accumulated depreciation 0 2,370 office, computer 0 1,238 less accumulated depreciation 0 495 total 3,164 6,171”
Form 990-ez, Part II, Line 26
“Due to cornerstone christian 27,791 58,439”
Form 990-ez, Part III
“The storehouse project (tsp) is designed to be a place of refuge. Tps provides a comprehensive program of services to those experiencing challenges in meeting basic needs such as clothing, food, shelter, medical assistance and other related resources. Tsp will also provide a variety of trainings opportunities designed to help clients reach a place of self- sustainability.”
Form 990-ez, Part III, Line 28
“Provision of food, hot meals, furniture and clothing with the final phase to include a thrift store, training classes and supporitve houseing. Staff provides outreach in community locations where potential participants congregate to provide information and awareness about the availability of services.”
Form 990-ez, Part III, Line 31
“Provision of food, hot meals, furniture and clothing with the final phase to include a thrift store, training classes and supporitve houseing. Staff provides outreach in community locations where potential participants congregate to provide information and awareness about the availability of services.”
Raw XML Appendix132 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CORNERSTONE CHRISTIAN CENTER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2038771007 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 192 MEADOW STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MILFORD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 06461 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1315 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 17462 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 29802 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -11494 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 4479 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 23633 |
| IRS990EZ/GrossReceiptsAmt | 0 | 29802 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -23312 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -34806 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -23312 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -34806 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt | 0 | ALFRED D WATTS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine2Txt | 0 | ALFRED D WATTS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 3164 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 6171 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 31041 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE STOREHOUSE PROJECT (TSP) IS DESIGNED TO BE A PLACE OF REFUGE. TPS PROVIDES A COMPREHENSIVE PROGRAM OF SERVICES TO THOSE EXPERIENCING CHALLENGES IN MEETING BASIC NEEDS SUCH AS CLOTHING, FOOD, SHELTER, MEDICAL ASSISTANCE AND OTHER RELATED RESOURCES. TSP WILL ALSO PROVIDE A VARIETY OF TRAININGS OPPORTUNITIES DESIGNED TO HELP CLIENTS REACH A PLACE OF SELF- SUSTAINABILITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVISION OF FOOD, HOT MEALS, FURNITURE AND CLOTHING WITH THE FINAL PHASE TO INCLUDE A THRIFT STORE, TRAINING CLASSES AND SUPPORITVE HOUSEING. STAFF PROVIDES OUTREACH IN COMMUNITY LOCATIONS WHERE POTENTIAL PARTICIPANTS CONGREGATE TO PROVIDE INFORMATION AND AWARENESS ABOUT THE AVAILABILITY OF SERVICES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | PROVISION OF FOOD, HOT MEALS, FURNITURE AND CLOTHING WITH THE FINAL PHASE TO INCLUDE A THRIFT STORE, TRAINING CLASSES AND SUPPORITVE HOUSEING. STAFF PROVIDES OUTREACH IN COMMUNITY LOCATIONS WHERE POTENTIAL PARTICIPANTS CONGREGATE TO PROVIDE INFORMATION AND AWARENESS ABOUT THE AVAILABILITY OF SERVICES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 17079 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 11687 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 10255 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CT |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 27791 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 58439 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 41296 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 28766 |
| IRS990EZ/TotalRevenueAmt | 0 | 29802 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.CORNERSTONEMILFORD.ORG |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 29802 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 21064 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5386 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 56252 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 56252 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 29802 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 21064 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5386 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 56252 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 29802 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 21064 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 5386 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 56252 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES 29,609 NON-INVESTMENT DEPRECIATION 1,432 TOTAL 31,041 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PREPAID EXPENSES AND DEFERRED CHARGES 3,164 1,873 FURNITURE 0 5,925 LESS ACCUMULATED DEPRECIATION 0 2,370 OFFICE, COMPUTER 0 1,238 LESS ACCUMULATED DEPRECIATION 0 495 TOTAL 3,164 6,171 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DUE TO CORNERSTONE CHRISTIAN 27,791 58,439 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE STOREHOUSE PROJECT (TSP) IS DESIGNED TO BE A PLACE OF REFUGE. TPS PROVIDES A COMPREHENSIVE PROGRAM OF SERVICES TO THOSE EXPERIENCING CHALLENGES IN MEETING BASIC NEEDS SUCH AS CLOTHING, FOOD, SHELTER, MEDICAL ASSISTANCE AND OTHER RELATED RESOURCES. TSP WILL ALSO PROVIDE A VARIETY OF TRAININGS OPPORTUNITIES DESIGNED TO HELP CLIENTS REACH A PLACE OF SELF- SUSTAINABILITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PROVISION OF FOOD, HOT MEALS, FURNITURE AND CLOTHING WITH THE FINAL PHASE TO INCLUDE A THRIFT STORE, TRAINING CLASSES AND SUPPORITVE HOUSEING. STAFF PROVIDES OUTREACH IN COMMUNITY LOCATIONS WHERE POTENTIAL PARTICIPANTS CONGREGATE TO PROVIDE INFORMATION AND AWARENESS ABOUT THE AVAILABILITY OF SERVICES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | PROVISION OF FOOD, HOT MEALS, FURNITURE AND CLOTHING WITH THE FINAL PHASE TO INCLUDE A THRIFT STORE, TRAINING CLASSES AND SUPPORITVE HOUSEING. STAFF PROVIDES OUTREACH IN COMMUNITY LOCATIONS WHERE POTENTIAL PARTICIPANTS CONGREGATE TO PROVIDE INFORMATION AND AWARENESS ABOUT THE AVAILABILITY OF SERVICES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ALFRED D WATTS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-05-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE STOREHOUSE PROJECT INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | STOR |
| ReturnHeader/Filer/EIN | 0 | 464513921 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 192 MEADOW STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MILFORD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 06461 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 05016A93ED359ECBAB78D00A0B8E63C842DB154F |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 05016A93ED359ECBAB78D00A0B8E63C842DB154F |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 96.89.221.121 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-06-05 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 07:27:27 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 061499746 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SMITH KLEIN & PAVANO CPA'S LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 47 MIDDLETOWN AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NORTH HAVEN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 064733926 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2039331679 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-05-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RICHARD J PAVANO |
| ReturnHeader/ReturnTs | 0 | 2019-06-05T07:27:27-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-06-30 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $23,633
- Liabilities
- $58,439
- Net assets
- -$34,806
- Revenue
- $29,802
- Expenses
- $41,296
- Net income
- -$11,494