Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
The Storehouse Project Inc
990EZ • Fiscal year 2019 • EIN 46-4513921
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
2.45x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
32nd percentile
Higher net margin than 32% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
65th percentile
Faster asset growth than 65% of similar nonprofits.
Revenue Growth
97th percentile
Faster revenue growth than 97% of similar nonprofits.
Balance Sheet
Assets
Up$26,720
Up $3,087 (+13%) from 2018
Net Assets
Down-$38,827
Down $4,021 (-12%) from 2018
Liabilities
Up$65,547
Up $7,108 (+12%) from 2018
Revenue And Expenses
Revenue
Up$102,078
Up $72,276 (+243%) from 2018
Expenses
Up$106,099
Up $64,803 (+157%) from 2018
Net Income
Up-$4,021
Up $7,473 (+65%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2018 to Jun 30, 2019
- Signed
- Jan 9, 2020
- Return Version
- 2018v3.2
- Gross Receipts
- $102,078
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. | - | $78,861 |
| 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. | - | $8,908 |
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
- 2020-01-09
- 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 office 5,051 travel 2,682 liability ins 3,180 fleet ins 1,485 registration 572 equiptment rental 7,250 payroll fees 1,380 workers comp ins 4,077 operating expense 17,822 non-investment depreciation 1,967 total 45,466”
Form 990-ez, Part II, Line 24
“Prepaid expenses and deferred charges 1,873 1,373 7,163 27,410 less accumulated depreciation 2,865 9,130 total 6,171 19,653”
Form 990-ez, Part II, Line 26
“Due to cornerstone christian 58,439 65,547”
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 Appendix136 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 | 17462 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 7067 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 102078 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -4021 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1300 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 23633 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 26720 |
| IRS990EZ/GrossReceiptsAmt | 0 | 102078 |
| 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 | -34806 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -38827 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -34806 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -38827 |
| 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 | 6171 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 19653 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 45466 |
| 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 | 78861 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 8908 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 59333 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CT |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 58439 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 65547 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 106099 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 87769 |
| IRS990EZ/TotalRevenueAmt | 0 | 102078 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.CORNERSTONEMILFORD.ORG |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 102078 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 29802 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 21064 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 5386 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 158330 |
| 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 | 158330 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 102078 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 29802 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 21064 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 5386 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 158330 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 102078 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 29802 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 21064 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 5386 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 158330 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE 5,051 TRAVEL 2,682 LIABILITY INS 3,180 FLEET INS 1,485 REGISTRATION 572 EQUIPTMENT RENTAL 7,250 PAYROLL FEES 1,380 WORKERS COMP INS 4,077 OPERATING EXPENSE 17,822 NON-INVESTMENT DEPRECIATION 1,967 TOTAL 45,466 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PREPAID EXPENSES AND DEFERRED CHARGES 1,873 1,373 7,163 27,410 LESS ACCUMULATED DEPRECIATION 2,865 9,130 TOTAL 6,171 19,653 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DUE TO CORNERSTONE CHRISTIAN 58,439 65,547 |
| 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 | 2020-09-23 17:36:50Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ALFRED D WATTS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-01-09 |
| 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 | 2020-01-10 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 09:41:34 |
| 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 | 2020-01-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RICHARD J PAVANO |
| ReturnHeader/ReturnTs | 0 | 2020-01-10T09:41:34-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-06-30 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $26,720
- Liabilities
- $65,547
- Net assets
- -$38,827
- Revenue
- $102,078
- Expenses
- $106,099
- Net income
- -$4,021