Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.54x
Liabilities / Revenue
71st percentile
Higher debt load relative to revenue than 71% of similar nonprofits.
Net Margin
24th percentile
Higher net margin than 24% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 27.4% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
87th percentile
Faster revenue growth than 87% of similar nonprofits.
Balance Sheet
Assets
Down$6,520
Down $22,423 (-77%) from 2023
Net Assets
Down$3,003
Down $22,540 (-88%) from 2023
Liabilities
Up$3,517
Up $117 (+3.4%) from 2023
Revenue And Expenses
Revenue
Up$172,487
Up $68,191 (+65%) from 2023
Expenses
Up$194,243
Up $96,552 (+99%) from 2023
Net Income
Down-$21,756
Down $28,361 (-429%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- Nov 6, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $192,700
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. | - | $181,795 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| HEATHER GRAY | President | - | $47,212 | - | $47,212 |
| KATHY VAUGHAN | Treasurer | - | $0 | - | - |
| VICE KILLEBREW | Director | - | $0 | - | - |
| RAQUEL BROWN | Director | - | $0 | - | - |
| CHRIS GILKEY | Board Chair | - | $0 | - | - |
| DOMINIC STEWART | Board Vice C | - | $0 | - | - |
| BONNIE LYNCH | Bonnie Lynch | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Annual Banquet | $29,299 | $29,299 | - | $29,299 |
| Mother/son Nerf | $6,069 | $6,069 | - | $6,069 |
| Total Events | $35,368 | $35,368 | - | $35,368 |
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
- President
- Phone
- 2708391316
- Signed
- 2024-11-06
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 2,336 office expense 2,949 insurance 5,948 merchandise 6,848 sorting 15 eagle fly program 3,401 joy gifts 395 bank fees 27 hope house 2,151 meals 1,817 hugiene room 221 total 26,108”
Form 990-ez, Part I, Line 20
“Py information to retained earnings -785”
Form 990-ez, Part II, Line 24
“Accounts receivable 60 35 total 60 35”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 3,162 3,280 prepaids 237 237”
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 Appendix165 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 | 28883 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6485 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 129443 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -21756 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 7650 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 28943 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6520 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 55773 |
| IRS990EZ/GrossReceiptsAmt | 0 | 192700 |
| 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 | 25544 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 3003 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 25544 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 3003 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 10583 |
| 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/CompensationAmt | 0 | 47212 |
| 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/PersonNm | 0 | HEATHER GRAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KATHY VAUGHAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | VICE KILLEBREW |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | RAQUEL BROWN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | CHRIS GILKEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | DOMINIC STEWART |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | BONNIE LYNCH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD VICE C |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | BONNIE LYNCH |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 60 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 35 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -785 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 26108 |
| 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 | 7484 |
| 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 | 181795 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 149902 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 20213 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 35560 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3399 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3517 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 194243 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 181795 |
| IRS990EZ/TotalRevenueAmt | 0 | 172487 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 129443 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 94863 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 59651 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 283957 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 63257 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 9433 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 9782 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 82472 |
| 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 | 366429 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 192700 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 104296 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 69433 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 366429 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 192700 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 104296 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 69433 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 366429 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | ANNUAL BANQUET |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm | 0 | MOTHER/SON NERF |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 29299 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt | 0 | 6069 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 35368 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 29299 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt | 0 | 6069 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 35368 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 35368 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 2,336 OFFICE EXPENSE 2,949 INSURANCE 5,948 MERCHANDISE 6,848 SORTING 15 EAGLE FLY PROGRAM 3,401 JOY GIFTS 395 BANK FEES 27 HOPE HOUSE 2,151 MEALS 1,817 HUGIENE ROOM 221 TOTAL 26,108 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PY INFORMATION TO RETAINED EARNINGS -785 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 60 35 TOTAL 60 35 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,162 3,280 PREPAIDS 237 237 |
| 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 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HEATHER GRAY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2708391316 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-06 |
| 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 | 2024-11-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DUSTIN THOMPSON CPA |
| ReturnHeader/ReturnTs | 0 | 2024-11-12T09:21:25-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $6,520
- Liabilities
- $3,517
- Net assets
- $3,003
- Revenue
- $172,487
- Expenses
- $194,243
- Net income
- -$21,756