Civic Intelligence

Graces Closet

990EZ • Fiscal year 2020 • EIN 81-4380520

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 15, 2021

Organization Profilewww.gracescloset.org
PO Box 126Walhalla, SC 29691

(864) 886-4400

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

74th percentile

25%

Higher net margin than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$12,750

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

78th percentile

45%

Faster asset growth than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

54th percentile

-10%

Faster revenue growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$114,835

Up $35,662 (+45%) from 2019

Net Assets

Up

$114,835

Up $35,662 (+45%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin74th percentile

Revenue

Down

$141,488

Down $15,875 (-10%) from 2019

Expenses

Down

$105,826

Down $32,173 (-23%) from 2019

Net Income

Up

$35,662

Up $16,298 (+84%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$400K$300K$200K$100K$0Assets 2018: $59,808Liabilities 2018: $02018Assets 2019: $79,173Liabilities 2019: $0Net Assets 2019: $79,1732019Assets 2020: $114,835Liabilities 2020: $0Net Assets 2020: $114,8352020Assets 2021: $191,200Liabilities 2021: $0Net Assets 2021: $191,2002021Assets 2022: $245,950Liabilities 2022: $0Net Assets 2022: $245,9502022Assets 2023: $262,601Liabilities 2023: $0Net Assets 2023: $262,6012023Assets 2024: $322,020Liabilities 2024: $0Net Assets 2024: $322,0202024

Highlighted filing

2020

Assets$114,835
Liabilities$0
Net Assets$114,835
Open 2020 Filing

Operations Trend

Revenue Growth54th percentile

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

$400K$300K$200K$100K$0Revenue 2018: $119,313Expenses 2018: $74,105Net Income 2018: $45,2082018Revenue 2019: $157,363Expenses 2019: $137,999Net Income 2019: $19,3642019Revenue 2020: $141,488Expenses 2020: $105,826Net Income 2020: $35,6622020Revenue 2021: $201,028Expenses 2021: $124,663Net Income 2021: $76,3652021Revenue 2022: $284,917Expenses 2022: $230,167Net Income 2022: $54,7502022Revenue 2023: $272,761Expenses 2023: $256,110Net Income 2023: $16,6512023Revenue 2024: $333,879Expenses 2024: $274,460Net Income 2024: $59,4192024

Highlighted filing

2020

Revenue$141,488
Expenses$105,826
Net Income$35,662
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 15, 2021
Return Version
2020v4.1
Gross Receipts
$141,488
Mission and Program Overview

Mission

provides necessities for school students

Program Services

DescriptionGrantsExpenses
Graces Closet helps students build self confidence and exceed both in and out of school by providing basic resources such as clothing, hygiene items, school supplies and food--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julie-ann ShannonDirectorPT$12,750-$12,750
Filing and Contact Details

Filer

Filer Name
Graces Closet
EIN
81-4380520
Address
PO Box 126, Walhalla, SC 29691

Signing Officer

Name
Julie-ann Shannon
Title
Director
Signed
2021-03-15
Discuss with paid preparer
Yes

Preparer

Firm
Adams Tax Service LLC
Address
PO Box 8459, SENECA, SC 29678
Preparer
Clifton B Adams EA
Phone
8648824888
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description Amountclothing/shoes 72,361fundraiser expense 7,863supplies 1,248bank charges 774office 4,447auto 3,126groceries 3,257”

Raw XML Appendix115 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Julie-ann Shannon
IRS990EZ/BooksInCareOfDetail/PhoneNum08648864400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0166 Northshores Drive
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Seneca
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029672
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt079173
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0114835
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0141488
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt035662
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt079173
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0114835
IRS990EZ/GrossReceiptsAmt0141488
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/NetAssetsOrFundBalancesBOYAmt079173
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0114835
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt079173
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0114835
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt012750
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Julie-ann Shannon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt093076
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0provides necessities for school students
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Graces Closet helps students build self confidence and exceed both in and out of school by providing basic resources such as clothing, hygiene items, school supplies and food
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt012750
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0105826
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0141488
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0128738
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0151363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0280101
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.64070
IRS990ScheduleA/PublicSupportPY170Pct00.60520
IRS990ScheduleA/PublicSupportTotal170Amt0179465
IRS990ScheduleA/SubstantialContributorsTotAmt0100636
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0128738
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0151363
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0280101
IRS990ScheduleA/TotalSupportAmt0280101
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description Amountclothing/shoes 72,361fundraiser expense 7,863supplies 1,248bank charges 774office 4,447auto 3,126groceries 3,257
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Julie-ann Shannon
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Graces Closet
ReturnHeader/Filer/BusinessNameControlTxt0GRAC
ReturnHeader/Filer/EIN0814380520
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 126
ReturnHeader/Filer/USAddress/CityNm0Walhalla
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029691
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274303910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Adams Tax Service LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 8459
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SENECA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029678
ReturnHeader/PreparerPersonGrp/PhoneNum08648824888
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Clifton B Adams EA
ReturnHeader/ReturnTs02021-04-28T11:50:09-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Julie-ann
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Shannon
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$114,835
Liabilities
$0
Net assets
$114,835
Revenue
$141,488
Expenses
$105,826
Net income
$35,662
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$3.34$2.74$0.59
2023Detailed filing. Detailed filing data is available for this year.$2.63$0.00$2.63$2.73$2.56$0.17
2022Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$2.85$2.30$0.55
2021Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$2.01$1.25$0.76
2020Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$1.41$1.06$0.36
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.57$1.38$0.19
2018Summary only. Only limited summary data is available for this year.$0.60$0.00$1.19$0.74$0.45