STOREHOUSE FOR TEACHERS: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- STOREHOUSE FOR TEACHERS (EIN 90-0438744)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-02-15
- IRS object ID
- 201140469349301934
- Schema version
- 2009v1.7
- 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) |
|---|---|---|
| Timestamp | 2011-02-15T15:52:02-06:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Paparone Stillwaggon & McGill LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 Woodland Center Drive | AddressLine1 |
| City | Grove City | City |
| State | PA | State |
| ZIP Code | 16127 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 900438744 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Storehouse for Teachers | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | STOR | NameControl |
| Phone | 4129226500 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 281 Corliss Street | AddressLine1 |
| City | Pittsburgh | City |
| State | PA | State |
| ZIP Code | 15220 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Robert J Brown | Name |
| Title | Executive Director | Title |
| Phone | 4129226500 | Phone |
| Date Signed | 2011-02-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN C STILLWAGGON CPA | Name |
| Phone | 7244587490 | Phone |
| Date Prepared | 2011-02-15 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
| Name Of Principal Officer Person | Robert J Brown | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 281 Corliss Street | AddressLine1 |
| City | Pittsburgh | City |
| State | PA | State |
| ZIP Code | 15220 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 693580 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.storehouseforteachers.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2009 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | SERVE KIDS AND THEIR TEACHERS BY PROVIDING A RESOURCE CENTER WHERE SCHOOL AND CLASSROOM SUPPLIES ARE DISTRIBUTED TO TEACHERS AT NO COST. THE ORGANIZATION ENSURES THAT ECONOMICALLY DISADVANTAGED STUDENTS IN SOUTHWESTERN PENNSYLVANIA HAVE BASIC CLASSROOM SUPPLIES TO EQUIP THEM FOR LEARING. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 6 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 541541 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 681660 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2673 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4993 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 969 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 544214 | TotalRevenuePriorYear |
| Total Revenue Current Year | 687622 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 51433 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 257326 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 80813 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 41216 | OtherExpensePriorYear |
| Other Expenses Current Year | 110018 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 92649 | TotalExpensesPriorYear |
| Total Expenses Current Year | 367344 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 451565 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 320278 | RevenuesLessExpensesCY |
| Total Assets BOY | 470176 | TotalAssetsBOY |
| Total Assets EOY | 1091458 | TotalAssetsEOY |
| Total Liabilities BOY | 18611 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 319615 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 451565 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 771843 | NetAssetsOrFundBalancesEOY |
| Mission Description | SERVE KIDS AND THEIR TEACHERS BY PROVIDING A RESOURCE CENTER WHERE SCHOOL AND CLASSROOM SUPPLIES ARE DISTRIBUTED TO TEACHERS AT NO COST. THE ORGANIZATION ENSURES THAT ECONOMICALLY DISADVANTAGED STUDENTS IN SOUTHWESTERN PENNSYLVANIA HAVE BASIC CLASSROOM SUPPLIES TO EQUIP THEM FOR LEARING. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 210382 | Expense |
| Revenue | 672629 | Revenue |
| Description | SFT Resource Center: At Storehouse for Teachers, our primary goal is to provide underprivileged students and their teachers critically needed school and classroom supplies at no cost. Once our new center is open, eligible schools will be invited to 'shop' at our Resource Center for items like pencils, paper, binders and more. Although our core focus is offering school supplies, we also leverage existing partnerships and develop key joint ventures to channel items and services that can improve a young person's ability to learn, setting them up for educational success. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 9210 | Expense |
| Revenue | 10000 | Revenue |
| Description | Beds for Children: A good night's sleep is a precursor to learning. One school participating in our program noticed that a high number of children in their classrooms were falling asleep in school. After further review, the school discovered over 40 of their students lived in homes where they did not have a bed or shared a bed with multiple family members. SFT brought this challenge to a donor, who generously provided funding for 40 beds and bedding for these children. SFT coordinated the donation, delivery, and volunteer workforce to install these beds in the homes of individual families. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 219592 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 1 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 6 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Justin Brown | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4129226500 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 281 Corliss Street | AddressLine1 |
| City | Pittsburgh | City |
| State | PA | State |
| ZIP Code | 15220 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (16 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| MICHAEL LUCKETT | ||||||
| President | 1.00 | X | X | 0 | 0 | 0 |
| JAMES G GORDONESQ | ||||||
| Vice President | 0.70 | X | X | 0 | 0 | 0 |
| MARY BETH TERMIN | ||||||
| Treasurer | 1.00 | X | X | 0 | 0 | 0 |
| WORTH HELMS | ||||||
| Director | 0.70 | X | 0 | 0 | 0 | |
| EUGENE TOMMASI | ||||||
| Director | 0.70 | X | 0 | 0 | 0 | |
| RANDY P VULAKOVICH | ||||||
| Director | 0.70 | X | 0 | 0 | 0 | |
| James Fields | ||||||
| Director | 0.70 | X | 0 | 0 | 0 | |
| Bill Kail | ||||||
| Director | 0.70 | X | 0 | 0 | 0 | |
| Dr Christiana Otuwa | ||||||
| Director | 0.70 | X | 0 | 0 | 0 | |
| Dr Robert Paserba | ||||||
| Director | 0.70 | X | 0 | 0 | 0 | |
| Gabe Pellathy | ||||||
| Director | 0.70 | X | 0 | 0 | 0 | |
| Dr Fran Serenka | ||||||
| Director | 0.70 | X | 0 | 0 | 0 | |
| Ned Show | ||||||
| Director | 0.70 | X | 0 | 0 | 0 | |
| David Wible | ||||||
| Director | 0.70 | X | 0 | 0 | 0 | |
| Dr Cynthia Zurchin | ||||||
| Director | 0.70 | X | 0 | 0 | 0 | |
| Robert J Brown | ||||||
| Executive Director | 40.00 | X | 56833 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 56833 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 681660 | AllOtherContributions |
| Noncash Contributions | 366133 | NoncashContributions |
| Total Contributions | 681660 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4993 | TotalRevenueColumn |
| Exclusion | $4,993 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 6927 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 5958 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 969 | TotalRevenueColumn |
| Exclusion | $969 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 687622 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $5,962 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87027 | Total |
| Program Services | 21757 | ProgramServices |
| Management And General | 21757 | ManagementAndGeneral |
| Fundraising | 43513 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 99823 | Total |
| Program Services | 74316 | ProgramServices |
| Management And General | 15302 | ManagementAndGeneral |
| Fundraising | 10205 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53143 | Total |
| Program Services | 27774 | ProgramServices |
| Management And General | 10737 | ManagementAndGeneral |
| Fundraising | 14632 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17333 | Total |
| Program Services | 10643 | ProgramServices |
| Management And General | 4195 | ManagementAndGeneral |
| Fundraising | 2495 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33398 | Total |
| Program Services | 25048 | ProgramServices |
| Management And General | 5010 | ManagementAndGeneral |
| Fundraising | 3340 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6015 | Total |
| Program Services | 4511 | ProgramServices |
| Management And General | 902 | ManagementAndGeneral |
| Fundraising | 602 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14036 | Total |
| Program Services | 10527 | ProgramServices |
| Management And General | 2105 | ManagementAndGeneral |
| Fundraising | 1404 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8662 | Total |
| Program Services | 6497 | ProgramServices |
| Management And General | 1299 | ManagementAndGeneral |
| Fundraising | 866 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7536 | Total |
| Program Services | 5652 | ProgramServices |
| Management And General | 1130 | ManagementAndGeneral |
| Fundraising | 754 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10687 | Total |
| Program Services | 8015 | ProgramServices |
| Management And General | 1603 | ManagementAndGeneral |
| Fundraising | 1069 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1146 | Total |
| Program Services | 1146 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5547 | Total |
| Program Services | 4160 | ProgramServices |
| Management And General | 832 | ManagementAndGeneral |
| Fundraising | 555 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| Bedding project | 9210 | 9210 | 0 | |
| Miscellaneous | 6207 | 4655 | 621 | 931 |
| Telephone | 4173 | 3130 | 417 | 626 |
| Events | 1819 | 1364 | 182 | 273 |
| Maintenance | 1582 | 1187 | 158 | 237 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 367344 | Total |
| Program Services | 219592 | ProgramServices |
| Management And General | 66939 | ManagementAndGeneral |
| Fundraising | 80813 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 105 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 355535 | BOY |
| EOY | 190463 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 10231 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112391 | BOY |
| EOY | 428706 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 454173 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1396 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2250 | BOY |
| EOY | 452777 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 9176 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 470176 | BOY |
| EOY | 1091458 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8082 | BOY |
| EOY | 16337 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 303278 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10529 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18611 | BOY |
| EOY | 319615 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 451565 | BOY |
| EOY | 771843 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 451565 | BOY |
| EOY | 771843 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 470176 | BOY |
| EOY | 1091458 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 541541 | CurrentTaxYearMinus1Year |
| Current Tax Year | 681660 | CurrentTaxYear |
| Total | 1223201 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 6927 | CurrentTaxYear |
| Total | 6927 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 541541 | CurrentTaxYearMinus1Year |
| Current Tax Year | 688587 | CurrentTaxYear |
| Total | 1230128 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 1230128 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 2673 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4993 | CurrentTaxYear |
| Total | 7666 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 2673 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4993 | CurrentTaxYear |
| Total | 7666 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 544214 | CurrentTaxYearMinus1Year |
| Current Tax Year | 693580 | CurrentTaxYear |
| Total | 1237794 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| First5 Years509 | X | First5Years509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 50463 | OtherCostOrOtherBasis |
| Book Value | 50463 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 395050 | OtherCostOrOtherBasis |
| Depreciation | 563 | Depreciation |
| Book Value | 394487 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1160 | OtherCostOrOtherBasis |
| Book Value | 1160 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7500 | OtherCostOrOtherBasis |
| Depreciation | 833 | Depreciation |
| Book Value | 6667 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 452777 | TotalOfBookValueLandBuildings |
| Total Revenue | 687622 | TotalRevenue |
| Total Expenses | 367344 | TotalExpenses |
| Excess Or Deficit For Year | 320278 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | 320278 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 693580 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 5958 | OtherRevenues |
| Revenue Not Rptd F990 | 5958 | RevenueNotRptdF990 |
| Revenue Subtotal | 687622 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 687622 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 373302 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 5958 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 5958 | ExpensesNotRptdF990 |
| Expenses Subtotal | 367344 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 367344 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | Storehouse for Teachers adopted ASC No. 740 as it relates to uncertain tax positions for the year ended June 30, 2010 and has evaluated its tax positions taken for all open years. Currently, 2008, 2009, and 2010 tax years are open and subject to examination by the Internal Revenue Service. However, the Organization is not currently under audit nor has the Organization been contacted by any of these jurisdictions. Based on the evaluation of CCO's tax positions, management believes all positions taken would be upheld under examination. Therefore, no asset or liability for the effects of uncertain tax positions has been recorded in the financial statements for the year ended June 30, 2010. |
| Part XII, Line 2d - Other Adjustments: | Direct fundraising expenses netted with fundraising income: 5958. | |
| Part XIII, Line 2d - Other Adjustments: | Direct fundraising expenses netted with fundraising income: 5958. |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | School Supplies | 40 | 316315 | FMV |
| X | Land | 1 | 49818 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | SFT provided a copy of this Form 990 to board members and executive director before filing the form. |
| Form 990, Part VI, Section B, line 12c | Storehouse for Teachers requires any interested person to disclose the existence of any financial and non-financial interest and must be given the opportunity to disclose all material facts to the Board, or, if applicable, the Committee considering the proposed transaction or arrangement. An interested person is under a continuing obligation to disclose any potential conflict of interest.To ensure the organization operates in a manner consistent with its charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, annual reviews is conducted. |
| Form 990, Part VI, Section B, line 15 | The process for determining compensation of SFT's executive director included a review and approval by comparability data, benchmark analysis of marketplace, and board budget approval.Compensation of executive director is determined by chairman with executive committee, compensation of other employees are determined by executive director. |
| Form 990, Part VI, Section C, line 19 | STOREHOUSE FOR TEACHERS HAS THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION. THE DOCUMENTS ARE AVAILABLE UPON REQUEST OR CAN BE OBTAINED BY VISITING ITS WEBSITE AT WWW.STOREHOUSEFORTEACHERS.ORG. |
| STOREHOUSE FOR TEACHERS HAS A FINANCE COMMITTEE OF THE BOARD OF DIRECTORS THAT IS RESPONSIBLE FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELCTION OF A CERTIFIED INDEPENDENT ACCOUNTING FIRM THAT AUDITS THE STATEMENTS. THEIR FINANCIAL STATEMENTS ARE AUDITED AND THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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