2024-10-05T21:49:49-05:00 2023-12-31 042943536 Tonneson & Company PC 401 Edgewater Place Suite 300 Wakefield MA 018806208 990 2023-01-01 272531953 Catie's Closet Inc CATI 9789572200 28 Loon Hill Road Dracut MA 01826 Anne-Marie Sousa President 9579572200 2024-09-04 1 0 Heidi E MacLean P00840184 7812459999 2024-09-04 2023 2024-10-15 13:58:12Z Anne-Marie Sousa 28 Loon Hill Road Dracut MA 01826 8183505 0 X WWW.CATIESCLOSET.ORG X 2010 MA Refer to Schedule O, Page 46Catie's Closet gives children in need life-changing access to clothing and basic necessities so they can thrive in school and in life. 9 9 29 385 0 0 6890402 7610667 0 0 2506 10592 372681 495809 7265589 8117068 0 0 0 0 861830 1049464 0 0 424290 6015288 7419799 6877118 8469263 388471 -352195 5324360 8105380 448662 3581877 4875698 4523503 Catie's Closet gives children in need life-changing access to clothing and basic necessities so they can thrive in school and in life. 0 0 7667998 To provide an in-school resource of clothing and basic necessities to students living below the poverty line. 7667998 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 19 0 1 29 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X Denise Trombly 9789572200 28 Loon Hill Road Dracut MA 01826 X Anne-Marie Sousa President 5.00 X X 0 0 0 Lynne Baril Vice Chair 2.00 X X 0 0 0 Laura Bisson Treasurer 2.00 X X 0 0 0 Rebecca Gilding Secretary 2.00 X X 0 0 0 Katie Belanger Director 2.00 X 0 0 0 Al Doyle Director 2.00 X 0 0 0 Melissa Herman Director 2.00 X 0 0 0 Jodie Payette Director 2.00 X 0 0 0 Robin Seidman Director 2.00 X 0 0 0 Mickey Cockrell Chief Executive Officer 55.00 X 102600 0 10161 Denise Trombly Director of Operations 55.00 X 100223 0 18743 202823 0 28904 2 0 0 0 0 505000 7105667 5388814 7610667 10592 10592 304555 66437 238118 238118 Closet fees 900099 232750 232750 Other income 900099 24941 24941 257691 8117068 257691 0 248710 112761 11276 45104 56381 768623 600402 65263 102958 83704 59359 13011 11334 84376 59141 10296 14939 5102 5102 20000 20000 259298 84512 59448 115338 129524 32903 96621 115326 30998 73645 10683 418024 376222 41802 11710 3536 8174 37916 37916 21602 20428 1174 Clothing and Toiletries 6119109 6119109 Repairs and Maintenance 103218 103218 Location Set Up Costs 80534 80534 Miscellaneous Expenses 38972 7362 15574 16036 59464 41082 18382 8469263 7667998 376975 424290 271879 395266 952312 562903 60000 46688 191151 236550 3466854 3051923 18472 29525 544634 193286 32032 351348 331660 3431177 5324360 8105380 45144 63702 89750 121000 313768 3397175 448662 3581877 X 4165503 3960315 710195 563188 4875698 4523503 5324360 8105380 -352195 0 X 0 1 X 1 0 X 6593932 7966750 7961316 7087010 7848785 37457793 6593932 7966750 7961316 7087010 7848785 37457793 0 0 0 37457793 3710 3005 2494 2506 10592 22307 3710 3005 2494 2506 10592 22307 6597642 7969755 7963810 7089516 7859377 37480100 0.99940 0.99950 0.00060 0.00050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 176045 4920 171125 259088 81421 177667 109501 106945 2556 351348 Deposit 25000 Right of Use Asset - Operating Leases 3406177 3431177 Operating Lease Liabilities 3397175 3397175 X 8183505 66437 66437 8117068 0 8117068 8535700 66437 66437 8469263 0 8469263 Part X, Line 2: In determining the recognition of uncertain tax positions, the Organization applies a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amounts and probabilities of the outcomes that could be realized upon ultimate settlement with taxing authorities. As of December 31, 2023, the Organization has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Part XI, Line 2d - Other Adjustments: Special Events Expense 66,437. Part XII, Line 2d - Other Adjustments: Special Events Expense 66,437. Gala 235965 235965 61006 Fill the Bus 40559 40559 5076 3 28031 28031 355 304555 304555 66437 66437 238118 X 5368814 Goodwill - Thrift Value X Audit & Tax Services 1 20000 Fair Value 0 0 0 Form 990, Part VI, Section A, line 2 Anne-Marie Sousa (BOD President and Founder), Mickey Cockrell (Chief Executive Officer) and Denise Trombly (Director of Operations) are sisters. Daniel Bisson (Program Director for Springfield) is the son of Anne-Marie Sousa and nephew of Mickey Cockrell and Denise Trombly. Form 990, Part VI, Section B, line 11b The Organization's Treasurer, Chief Executive Officer and Director of Operations are responsible for overseeing the preparation of IRS Form 990 (990). The 990 and its supporting schedules were prepared by the public accounting firm, Tonneson + Co (Tonneson), responsible for auditing the Organization's financial statements. Tonneson's work was based on information provided to them during the course of the audit by the Organization's accounting department, plus additional work requested specific to the 990. The Treasurer, Chief Executive Officer and Director of Operations performed a detailed review of the completed 990 and reported the results of its review to the Board of Directors. The Board of Directors then voted to approve the Form 990. Form 990, Part VI, Section B, line 12c All members of the Board of Directors and management-level employees are required to disclose annually any existing or potential conflict of interest. The Board of Directors may also provide for such corrective action as it deems appropriate by reason of a failure to disclose such conflict of interest, which may include removal from a position or office. Disclosure forms shall be updated annually or sooner if changed circumstances require disclosure. Form 990, Part VI, Section B, line 15 The Board of Directors, in executive session not including the President and Chief Executive Officer, discusses and approves the Chief Executive Officer's salary. They also consider whether the salary would be comparable to other Chief Executive Officer positions at comparable organizations. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, financial statements and Form 990 are immediately made available to the public by calling the Organization's office, walking into the Organization's office or mailing in a request to the Organization. The Form 990 and financial statements are also available through the Massachusetts Attoney General's office/website.