Nonprofit · EIN 61-1460404
PRINCETON CLOSET NFP
Tax-exempt · PRINCETON, IL 61356
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $411,865 | $404,227 | $7,638 | $443,871 | $5,351 | $438,520 |
| December 31, 2023 | 990 | $451,522 | $433,401 | $18,121 | $436,870 | $5,988 | $430,882 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,615
- Program service revenue
- $0
- Investment income
- $3,404
- Net income from sales of inventory
- $396,733
- Other revenue
- $402,846
Expenses
- Grants and similar amounts paid
- $197,000
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $100,466
- Salaries, compensation and benefits (total)
- $112,058
- Professional fundraising fees
- $0
- Accounting fees
- $10,000
- Occupancy
- $12,644
- Depreciation
- $10,906
- Program services (functional)
- $404,227
Balance sheet and other
- Total assets, start of year
- $436,870
- Total assets, end of year
- $443,871
- Total liabilities, end of year
- $5,351
- Net assets, end of year
- $438,520
- Land, buildings and equipment
- $333,287
- Net assets without donor restrictions
- $438,520
- Gross receipts
- $411,865
- Employees
- 10
- Volunteers
- 30
- Year formed
- 2003
- State of legal domicile
- IL
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 |
|---|---|---|---|
| DIANE VANDREW | President Trustee or director, Officer | 5 | $0 |
| TINA KLINGENBERG | Vice President Trustee or director, Officer | 1 | $0 |
| MAUREEN DROESSLER | Secretary Trustee or director, Officer | 1 | $0 |
| WANDA NELSON | Treasurer Trustee or director, Officer | 1 | $0 |
| TAMMY LANGE | Director Trustee or director | 1 | $0 |
| ROB BERRY | Director Trustee or director | 1 | $0 |
| BRENDA SKAGGS | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANE VANDREW | Vice President Trustee or director, Officer | 5 | $0 |
| JOANNE KLOEPPING | President Trustee or director, Officer | 5 | $0 |
| TINA KLINGENBERG | Director Trustee or director | 1 | $0 |
| MAUREEN DROESSLER | Secretary Trustee or director, Officer | 1 | $0 |
| WANDA NELSON | Treasurer Trustee or director, Officer | 1 | $0 |
| TAMMY LANGE | Director Trustee or director | 1 | $0 |
| BARB JESSE | Director Trustee or director | 1 | $0 |
| BRENDA SKAGGS | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2026 N MAIN ST, PRINCETON, IL 61356-9788
- In care of
- % BECKY HALL
- Principal officer (990 for 2024)
- DIANE VANDREW, 2026 NORTH MAIN STREET, PRINCETON, IL 61356
- Signed the 990
- DIANE VANDREW, President
- Phone
- (815) 875-3145
- Return prepared by
- Hopkins & Associates CPAs
Mission
To provide quality goods for resale and use those proceeds to fund charitable organizations within Bureau County.
Program accomplishments
- To provide quality goods for resale and use those proceeds to fund charitable organizations throughout Bureau County.Expenses $404,227 · grants $212,000
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
- 61-1460404
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P29)
- Assets (IRS master file)
- $443,871
- Income (IRS master file)
- $411,865
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $411,865 | $404,227 | $443,871 | IRS |
| 990 | December 2023 | $451,522 | $433,401 | $436,870 | XML |
| 990 | December 2022 | $406,969 | $401,275 | $419,320 | IRS |
| 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 61-1460404).
Questions about PRINCETON CLOSET NFP
- What is the EIN of PRINCETON CLOSET NFP?
- The employer identification number (EIN) of PRINCETON CLOSET NFP is 61-1460404.
- Is PRINCETON CLOSET NFP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to PRINCETON CLOSET NFP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRINCETON CLOSET NFP 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 PRINCETON CLOSET NFP 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 PRINCETON CLOSET NFP 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 PRINCETON CLOSET NFP?
- The 990 for the year ended December 31, 2024 names DIANE VANDREW.
- Who are the officers and directors of PRINCETON CLOSET NFP?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does PRINCETON CLOSET NFP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $411,865, expenses of $404,227 and total assets of $443,871 at year end.
Other nonprofits in PRINCETON
- GATEWAY SERVICES INC EIN 36-2683686 · last filed 990 for 2025
- ZEARING CHILD ENRICHMENT CENTER INC EIN 36-2797203 · last filed 990 for 2025
- COVENANT CHILDRENS HOME AND FAMILY SERVICES EIN 36-2167043 · last filed 990 for 2025
- TABITHAS HANDS EIN 20-5823905 · last filed 990-N for 2024
- WIDOWS SONS FIVE POINTS EIN 93-1734260 · last filed 990-N for 2025
- ARUKAH INSTITUTE OF HEALING INC NFP EIN 81-4793577 · last filed 990 for 2025
- ADELINE E PROUTY ESTATE GREENFIELD EIN 36-2193614 · last filed 990 for 2025
- ILLINOIS CRITICAL ACCESS HOSPITAL NETWORK EIN 55-0809159 · last filed 990 for 2024