Nonprofit · EIN 47-1546359
CLOTHES CLOSET INC
Tax-exempt · LK HAVASU CTY, AZ 86403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $129,597 | $213,527 | -$83,930 | $458,709 | $125,889 | $332,820 |
| December 31, 2023 | 990 | $218,867 | $102,243 | $116,624 | $421,461 | $2,971 | $418,490 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $101,281
- Investment income
- $1,000
- Net income from fundraising events
- $27,316
Expenses
- Grants and similar amounts paid
- $103,575
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $25,529
- Other expenses
- $84,423
- Program services (functional)
- $103,589
Balance sheet and other
- Total assets, start of year
- $421,461
- Total assets, end of year
- $458,709
- Total liabilities, end of year
- $125,889
- Net assets, end of year
- $332,820
- Cash, savings and investments
- $197,212
- Land and buildings
- $261,497
- Gross receipts
- $150,164
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINE WATSON | PRESIDENT | 0 | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINE WATSON | President Trustee or director, Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 1968 MESQUITE AVE, LK HAVASU CTY, AZ 86403-5729
- In care of
- % C WATSON
- Mailing address (990-N for 2020)
- 2018 McCulloch Blvd Suite B, Lake Havasu City AZ 86403
- Principal officer (990-N for 2020)
- Christine Watson, 2018 McCulloch Blvd Suite B, Lake Havasu City AZ 86403
- Signed the 990-EZ
- C WATSON, PRESIDENT
- Phone
- (928) 412-0451
- Return prepared by
- Carole J Coleman EA
Mission
DISTRIBUTION OF DONATED CLOTHING
Program accomplishments
- COLLECTION AND DISTRIBUTION OF DONATED CLOTHESAND ACCESSORIES TO THOSE IN NEED. PROVIDE NECESSARY FACILITIES TO HOMELESS FOR HYGENIC CARE, SHOWERS AND LAUNDRY OF CLOTHESExpenses $103,589
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1546359
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P60)
- Assets (IRS master file)
- $458,709
- Income (IRS master file)
- $150,164
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $129,597 | $213,527 | $458,709 | XML |
| 990 | December 2023 | $218,867 | $102,243 | $421,461 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Christine Watson | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Christine Watson | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | 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 47-1546359).
Questions about CLOTHES CLOSET INC
- What is the EIN of CLOTHES CLOSET INC?
- The employer identification number (EIN) of CLOTHES CLOSET INC is 47-1546359.
- Is CLOTHES CLOSET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to CLOTHES CLOSET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLOTHES CLOSET 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 CLOTHES CLOSET 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 CLOTHES CLOSET INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of CLOTHES CLOSET INC?
- The 990-N for 2020 names Christine Watson.
- Who are the officers and directors of CLOTHES CLOSET INC?
- The 990-EZ for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does CLOTHES CLOSET INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $129,597, expenses of $213,527 and total assets of $458,709 at year end.
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