Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.12x
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
56th percentile
Higher net margin than 56% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Balance Sheet
Assets
Up$28,943
Up $13,343 (+86%) from 2022
Net Assets
Up$25,543
Up $11,444 (+81%) from 2022
Liabilities
Up$3,400
Up $1,899 (+127%) from 2022
Revenue And Expenses
Revenue
Up$104,296
Up $34,863 (+50%) from 2022
Expenses
Up$97,691
Up $39,618 (+68%) from 2022
Net Income
Down$6,605
Down $4,755 (-42%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2022 to Jun 30, 2023
- Signed
- Nov 1, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $104,296
Mission and Program Overview
Mission
The mission of joy closet is to help foster children, kinship children and children in crisis feel special, valued, and loved by giving of tangible items and providing support as they navigate childhood into adulthood. We also seek ways to provide support to foster, kinship and birth parents through providing activities throughout the year and assisting with the tangible items needed for reunification.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDING SUPPORT TO FOSTER, KINSHIP AND BIRTH PARENTS THROUGH PROVIDING ACTIVITIES THROUGHOUT THE YEAR AND ASSISTING WITH THE TANGIBLE ITEMS NEEDED FOR REUNIFICATION. | - | $95,457 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| HEATHER GRAY | Officer | - | $0 | - | - |
| KATHY VAUGHAN | Director | - | $0 | - | - |
| WENDY WESTERFIELD | Director | - | $0 | - | - |
| TRESSY WELLS | Director | - | $0 | - | - |
| RAQUEL BROWN | Director | - | $0 | - | - |
| CHRIS GILKEY | Director | - | $0 | - | - |
| JAY OWEN | Director | - | $0 | - | - |
| BONNIE LYNCH | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Joy Closet
- EIN
- 87-2442210
- Phone
- 2708391316
- Address
- 814 BELMONT STREET, HOPKINSVILLE, KY 42240
Signing Officer
- Name
- Heather Gray
- Title
- Officer
- Phone
- 2708391316
- Signed
- 2023-11-01
Preparer
- Firm
- York Neel & Associates Llp
- Address
- 1113 BETHEL ST, HOPKINSVILLE, KY 42240-2051
- Preparer
- Dustin Thompson CPA
- Phone
- 2708860206
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 2,394 office expense 2,667 insurance 2,490 awards and grant 2,970 merchandise 9,456 sorting 216 back to school 4,840 eagle fly program 30 joy gifts 744 repairs and maint 125 total 25,932”
Form 990-ez, Part I, Line 20
“Py information to retained earnings 4,840”
Form 990-ez, Part II, Line 24
“Accounts receivable 0 60 total 0 60”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 1,502 3,163 prepaids 0 237”
Form 990-ez, Part III
“The mission of joy closet is to help foster children, kinship children and children in crisis feel special, valued, and loved by giving of tangible items and providing support as they navigate childhood into adulthood. We also seek ways to provide support to foster, kinship and birth parents through providing activities throughout the year and assisting with the tangible items needed for reunification.”
Raw XML Appendix161 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 | JOY CLOSET |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2708391316 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 814 BELMONT STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HOPKINSVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 42240 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 15600 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 28883 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 94863 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 6605 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2109 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 15600 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 28943 |
| IRS990EZ/GrossReceiptsAmt | 0 | 104296 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 14098 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 25543 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 14098 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 25543 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 6048 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | HEATHER GRAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KATHY VAUGHAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | WENDY WESTERFIELD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | TRESSY WELLS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | RAQUEL BROWN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | CHRIS GILKEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | JAY OWEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | BONNIE LYNCH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | OFFICER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 60 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 4840 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 25932 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE MISSION OF JOY CLOSET IS TO HELP FOSTER CHILDREN, KINSHIP CHILDREN AND CHILDREN IN CRISIS FEEL SPECIAL, VALUED, AND LOVED BY GIVING OF TANGIBLE ITEMS AND PROVIDING SUPPORT AS THEY NAVIGATE CHILDHOOD INTO ADULTHOOD. WE ALSO SEEK WAYS TO PROVIDE SUPPORT TO FOSTER, KINSHIP AND BIRTH PARENTS THROUGH PROVIDING ACTIVITIES THROUGHOUT THE YEAR AND ASSISTING WITH THE TANGIBLE ITEMS NEEDED FOR REUNIFICATION. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 9433 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDING SUPPORT TO FOSTER, KINSHIP AND BIRTH PARENTS THROUGH PROVIDING ACTIVITIES THROUGHOUT THE YEAR AND ASSISTING WITH THE TANGIBLE ITEMS NEEDED FOR REUNIFICATION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 95457 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 63602 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1502 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3400 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 97691 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 95457 |
| IRS990EZ/TotalRevenueAmt | 0 | 104296 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 94863 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 59651 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 154514 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 9433 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 9782 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 19215 |
| 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 | 173729 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 104296 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 69433 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 173729 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 104296 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 69433 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 173729 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 2,394 OFFICE EXPENSE 2,667 INSURANCE 2,490 AWARDS AND GRANT 2,970 MERCHANDISE 9,456 SORTING 216 BACK TO SCHOOL 4,840 EAGLE FLY PROGRAM 30 JOY GIFTS 744 REPAIRS AND MAINT 125 TOTAL 25,932 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PY INFORMATION TO RETAINED EARNINGS 4,840 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 0 60 TOTAL 0 60 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,502 3,163 PREPAIDS 0 237 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE MISSION OF JOY CLOSET IS TO HELP FOSTER CHILDREN, KINSHIP CHILDREN AND CHILDREN IN CRISIS FEEL SPECIAL, VALUED, AND LOVED BY GIVING OF TANGIBLE ITEMS AND PROVIDING SUPPORT AS THEY NAVIGATE CHILDHOOD INTO ADULTHOOD. WE ALSO SEEK WAYS TO PROVIDE SUPPORT TO FOSTER, KINSHIP AND BIRTH PARENTS THROUGH PROVIDING ACTIVITIES THROUGHOUT THE YEAR AND ASSISTING WITH THE TANGIBLE ITEMS NEEDED FOR REUNIFICATION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HEATHER GRAY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | OFFICER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2708391316 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-01 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | JOY CLOSET |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | JOYC |
| ReturnHeader/Filer/EIN | 0 | 872442210 |
| ReturnHeader/Filer/PhoneNum | 0 | 2708391316 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 814 BELMONT STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HOPKINSVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 42240 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 812718635 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | YORK NEEL & ASSOCIATES LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1113 BETHEL ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HOPKINSVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 422402051 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2708860206 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-01 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DUSTIN THOMPSON CPA |
| ReturnHeader/ReturnTs | 0 | 2023-11-10T15:50:02-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | HEATHER |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GRAY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-06-30 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $28,943
- Liabilities
- $3,400
- Net assets
- $25,543
- Revenue
- $104,296
- Expenses
- $97,691
- Net income
- $6,605
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