DEPOSITS CLOSET INC: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- DEPOSITS CLOSET INC (EIN 71-0887752)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-04-15
- IRS object ID
- 202441069349202264
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-15T16:28:25-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 202247509 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIP Payroll & Tax Services | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 North Main St | AddressLine1Txt |
| City | Bainbridge | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13733 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 710887752 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEPOSITS CLOSET INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DEPO | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 111 | AddressLine1Txt |
| City | DEPOSIT | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13754 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEB STEVER | PersonNm |
| Person Title | CHAIRPERSON | PersonTitleTxt |
| Phone | 6074672577 | PhoneNum |
| Signature | 2024-02-06 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DEB | PersonFirstNm |
| Person Last | STEVER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Barbara Mulkins | PreparerPersonNm |
| PTIN | P00605413 | PTIN |
| Phone | 6079675627 | PhoneNum |
| Preparation | 2024-04-15 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| Authentication Assurance Level | AAL2 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $138,865 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $40,077 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $98,782 | ProgramServiceRevenueAmt |
| Investment Income | $6 | InvestmentIncomeAmt |
| Total Revenue | $138,865 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $20,000 | GrantsAndSimilarAmountsPaidAmt |
| Occupancy Rent Utlts And Maint | $11,644 | OccupancyRentUtltsAndMaintAmt |
| Other Expenses Total | $62,002 | OtherExpensesTotalAmt |
| Total Expenses | $93,646 | TotalExpensesAmt |
| Excess Or Deficit For Year | $45,219 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $234,872 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $280,091 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,161 | BOYAmt |
| EOY | $74,045 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,420 | BOYAmt |
| EOY | $206,046 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $249,581 | BOYAmt |
| EOY | $280,091 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,709 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $234,872 | BOYAmt |
| EOY | $280,091 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | THRIFT STORE | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|
| THRIFT STORE SELLING USED ITEMS OF CLOTHING AND HOUSEHOLD ITEMS TO THE PUBLIC. APROX 1500 ARE SERVED WITH APPROX 5000 TRANSACTIONS A YEAR. | $93,645 |
| GRANTS TO COMMUNITY ORGANIZATIONS FROM NET PROCEEDS TO THRIFT STORE | |
| COMMUNITY FOOD PANTRY SERICES 20 TO 40 FAMILIES THROUGH THE YEAR |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $93,645 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (10 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| CAROL HESS | ||||
| CHAIRPERSON | 6.00 | $0 | $0 | $0 |
| LYNN OCONNER | ||||
| VICE CHAIR | 6.00 | $0 | $0 | $0 |
| MARGARET KARIUS | ||||
| SECRETARY | 7.00 | $0 | $0 | $0 |
| DEB STEVER | ||||
| TREASURER | 7.00 | $0 | $0 | $0 |
| DONNA DINGEE | ||||
| BOARD | 2.00 | $0 | $0 | $0 |
| DONNA HARTZ | ||||
| BOARD | 2.00 | $0 | $0 | $0 |
| CAROL VANPELT | ||||
| BOARD | 2.00 | $0 | $0 | $0 |
| JANE WALKER-LLOYD | ||||
| BOARD | 2.00 | $0 | $0 | $0 |
| DEB NEU | ||||
| BOARD | 0.00 | $0 | $0 | $0 |
| TERRY RYNEARSON | ||||
| BOARD | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARGARET KARIUS | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 111 | AddressLine1Txt |
| City | DEPOSIT | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13754 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6074673850 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $103,578 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $45,321 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $60,558 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $32,445 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,077 | CurrentTaxYearAmt |
| Total | $281,979 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $72,245 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $98,782 | CurrentTaxYearAmt |
| Total | $171,027 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $103,578 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $45,321 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $60,558 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $104,690 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $138,859 | CurrentTaxYearAmt |
| Total | $453,006 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $453,006 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $103,578 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $45,321 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $60,558 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6 | CurrentTaxYearAmt |
| Total | $209,467 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $103,578 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $45,321 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $60,558 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6 | CurrentTaxYearAmt |
| Total | $209,467 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $207,156 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $90,642 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $121,116 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $104,694 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $138,865 | CurrentTaxYearAmt |
| Total | $662,473 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.68380 | PublicSupportCY509Pct |
| Public Support PY509 | 0.58020 | PublicSupportPY509Pct |
| Investment Income CY | 0.32000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.42000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| List of grants and similar amounts paid Part I line 10 | ACTIVITY GRANTS GRANTEE VARIOUS ORGANIZATIONS OF DEPOSIT STREET STREET CITY, STATE, ZIP DEPOSIT, NY 13754RELATIONSHIP NONE AMOUNT 20,000 |
| Description of other expenses Part I line 16 | DESCRIPTION AMOUNTDEPRECIATION FROM 4562 2,812INSURANCE 6,987OFFICE 763SALES TAX 3,063FOOD PANTRY PURCHASES 44,566INTEREST 320SUPPLIES 3,182ADVERTISING 309 |
| Description of total liabilities Part II line 26 | CATEGORY BEGINNING OF YEAR END OF YEARNBT LOAN 14,709 0 |