Nonprofit · EIN 46-2574332
NOTE IN THE POCKET INC
Also known as NOTE IN THE POCKET
Tax-exempt · RALEIGH, NC 27615
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,241,087 | $4,220,334 | $20,753 | $3,241,949 | $1,106,664 | $2,135,285 |
| December 31, 2023 | 990 | $3,883,948 | $3,546,575 | $337,373 | $3,548,040 | $1,433,508 | $2,114,532 |
| December 31, 2022 | 990 | $4,329,344 | $2,564,963 | $1,764,381 | $3,235,178 | $31,896 | $3,203,282 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,239,634
- Program service revenue
- $0
- Investment income
- $10,915
- Net income from fundraising events
- -$46,769
- Net income from sales of inventory
- $36,743
- Other revenue
- -$9,462
Expenses
- Grants and similar amounts paid
- $2,517,838
- Compensation of officers, directors and key employees
- $99,399
- Other salaries and wages
- $614,757
- Salaries, compensation and benefits (total)
- $800,874
- Professional fundraising fees
- $0
- Accounting fees
- $48,133
- Occupancy
- $435,200
- Travel
- $2,624
- Depreciation
- $114,000
- Program services (functional)
- $3,843,878
- Management and general (functional)
- $270,162
- Fundraising (functional)
- $106,294
Balance sheet and other
- Total assets, start of year
- $3,548,040
- Total assets, end of year
- $3,241,949
- Total liabilities, end of year
- $1,106,664
- Net assets, end of year
- $2,135,285
- Land, buildings and equipment
- $400,336
- Net assets without donor restrictions
- $2,116,035
- Net assets with donor restrictions
- $19,250
- Gross receipts
- $4,303,120
- Employees
- 33
- Volunteers
- 7,832
- Year formed
- 2013
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DALLAS BONAVITA | EXECUTIVE DIRECTOR Officer | 40 | $89,241 | $10,158 |
| TIM TINNESZ | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JEREMY PETRANKA | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARK CHAMBERS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JENNIFER VONDEE | SECRETARY (THRU MAY 2024) Trustee or director, Officer | 1 | $0 | $0 |
| BROOKE HANFORD | SECRETARY (AS OF MAY 2024) Trustee or director | 1 | $0 | $0 |
| JAMI CRAMPTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRUCE CROSS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| GREG DELAGE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ARIANE DESPRES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RAVEN GIBBS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| LEXY GOODWIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| LAURA KEEFER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PATRICK MACKIE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JENNIFER TOLLEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM SCALES | DIRECTOR Trustee or director | 0.5 | $0 |
| JILL WALTERS | DIRECTOR (THRU MAY 2024) Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DALLAS BONAVITA | EXECUTIVE DIRECTOR Officer | 40 | $74,862 |
| CHRISTIE MOSER | CHAIR (PAST) Trustee or director, Officer | 0 | $0 |
| TIM TINNESZ | CHAIR (CURRENT) Trustee or director, Officer | 0 | $0 |
| JEREMY PETRANKA | VICE CHAIR Trustee or director, Officer | 0 | $0 |
| JENNIFER VONDEE | SECRETARY Trustee or director, Officer | 0 | $0 |
| PATRICK MACKIE | TREASURER (PAST) Trustee or director, Officer | 0 | $0 |
| MARK CHAMBERS | TREASURER (CURRENT) Trustee or director, Officer | 0 | $0 |
| ANN CLOSE | DIRECTOR Trustee or director | 0 | $0 |
| JILL WALTERS | DIRECTOR Trustee or director | 0 | $0 |
| BRUCE CROSS | DIRECTOR Trustee or director | 0 | $0 |
| SARAH OWREY | DIRECTOR Trustee or director | 0 | $0 |
| GREG DELAGE | DIRECTOR Trustee or director | 0 | $0 |
| ARIANE DESPRES | DIRECTOR Trustee or director | 0 | $0 |
| BROOKE HANFORD | DIRECTOR Trustee or director | 0 | $0 |
| JENNIFER TOLLEY | DIRECTOR Trustee or director | 0 | $0 |
| TIM SCALES | DIRECTOR Trustee or director | 0 | $0 |
| RAVEN GIBBS | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended December 31, 2022: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DALLAS BONAVITA | EXECUTIVE DIRECTOR Officer | 40 | $70,584 |
| CHRISTIE MOSER | CHAIRPERSON Trustee or director, Officer | 0 | $0 |
| TIM TINNESZ | VICE CHAIRMAN Trustee or director, Officer | 0 | $0 |
| JEREMY PETRANKA | DIRECTOR Trustee or director | 0 | $0 |
| JENNIFER VONDEE | SECRETARY Trustee or director, Officer | 0 | $0 |
| MARK CHAMBERS | TREASURER Trustee or director, Officer | 0 | $0 |
| BRUCE CROSS | DIRECTOR Trustee or director | 0 | $0 |
| ANN CLOSE | DIRECTOR Trustee or director | 0 | $0 |
| GREG DELAGE | DIRECTOR Trustee or director | 0 | $0 |
| ARIANE DESPRES | DIRECTOR Trustee or director | 0 | $0 |
| SARAH OWREY | DIRECTOR Trustee or director | 0 | $0 |
| BROOKE HANFORD | DIRECTOR Trustee or director | 0 | $0 |
| PATRICK MACKIE | DIRECTOR Trustee or director | 0 | $0 |
| JILL WALTERS | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 9650 STRICKLAND RD STE 103 PMB 168, RALEIGH, NC 27615-1903
- Principal officer (990 for 2024)
- DALLAS BONAVITA, 9650 STRICKLAND ROAD SUITE 103-168, RALEIGH, NC 27615
- Signed the 990
- JEREMY PETRANKA, BOARD CHAIR
- Phone
- (919) 714-9403
- Website
- WWW.NOTEINTHEPOCKET.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
NOTE IN THE POCKET PROVIDES CLOTHING TO IMPOVERISHED AND HOMELESS SCHOOL CHILDREN IN WAKE COUNTY WITH DIGNITY AND LOVE. WE BELIEVE IT IS UNACCEPTABLE THAT CHILDREN IN WAKE COUNTY ARE LIMITED IN THEIR EDUCATIONAL AND SOCIAL DEVELOPMENT BECAUSE THEY DO NOT HAVE APPROPRIATE CLOTHING FOR SCHOOL.
Program accomplishments
- NOTE IN THE POCKET'S PRIMARY PROGRAM IS TO PROVIDE LOCAL HOMELESS AND IMPOVERISHED SCHOOL CHILDREN AND THEIR FAMILIES WITH HIGH-QUALITY CLOTHING. IN 2024, 10,081 INDIVIDUALS RECEIVED MUCH-NEEDED CLOTHING ASSISTANCE THROUGHOUT WAKE AND DURHAM COUNTIES.Expenses $3,843,878 · grants $2,517,838 · revenue $36,743
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-2574332
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $3,241,949
- Income (IRS master file)
- $4,303,120
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,241,087 | $4,220,334 | $3,241,949 | XML |
| 990 | December 2023 | $3,883,948 | $3,546,575 | $3,548,040 | XML |
| 990 | December 2022 | $4,329,344 | $2,564,963 | $3,235,178 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-2574332).
Questions about NOTE IN THE POCKET INC
- What is the EIN of NOTE IN THE POCKET INC?
- The employer identification number (EIN) of NOTE IN THE POCKET INC is 46-2574332.
- Is NOTE IN THE POCKET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to NOTE IN THE POCKET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NOTE IN THE POCKET INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NOTE IN THE POCKET INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NOTE IN THE POCKET INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NOTE IN THE POCKET INC?
- The 990 for the year ended December 31, 2024 names DALLAS BONAVITA.
- Who are the officers and directors of NOTE IN THE POCKET INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 1 received compensation from the organization, the highest $89,241 (DALLAS BONAVITA, EXECUTIVE DIRECTOR).
- How much revenue does NOTE IN THE POCKET INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,241,087, expenses of $4,220,334 and total assets of $3,241,949 at year end.
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