Note in the Pocket INC

Tax-deductible

Raleigh, NC501(c)(3)Human ServicesEIN 46-2574332

Note in the pocket provides clothing to impoverished and homeless school children in wake county with dignity and love. We believe IT is unacceptable that children are limited in their educational and social development because they DO not have appropriate clothing for school.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Run by 1,353 volunteers and 16 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $521K a year · 16% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$89K
to officers and key staff · 2% of spending
Top officer’s pay lower than 75% of similar orgs
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
29
named funders · $577K
Looks good: 29 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.1M
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.2M
+9% vs prior year
Spent
$4.2M
To programs
91%
Net assets
$2.1M
By yearFY2020–FY2024
Revenue
$4.2M
FY2024▲ +9%
Revenue by fiscal year
FY2020$1.4M
FY2021$2.4M
FY2022$4.3M
FY2023$3.9M
FY2024$4.2M
Expenses
$4.2M
FY2024▲ +19%
Expenses by fiscal year
FY2020$1.5M
FY2021$1.8M
FY2022$2.6M
FY2023$3.5M
FY2024$4.2M
Net assets
$2.1M
FY2024▲ +1.0%
Net assets by fiscal year
FY2020$866K
FY2021$1.4M
FY2022$3.2M
FY2023$2.1M
FY2024$2.1M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $3.8M Management & general 6% · $270K Fundraising 3% · $106K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

17 people listed on the 990; $89K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$89,241Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary (thru May 2024)
$0Pt VII · Sec A
Secretary (as of May 2024)
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Dallas Bonavita’s $89K as Executive Director is at the 25th percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Dallas Bonavita$89,241$74,862$70,584$70,262$60,825

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Note in the Pocket INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides clothing to impoverished and homeless school children with dignity and love.

Provided by the organization

This section is blank until Note in the Pocket INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $3.8M of program spending, described in the organization's own filed words · FY2024.
01

Note in the pocket's primary program is to provide local homeless and impoverished school children and their families with high-quality clothing. In 2024, 10,081 individuals received much-needed clothing assistance throughout wake and durham counties.

$3.8Mprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 29 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$4.2M
Ln 12
Gifts and grantsLn 1h$4.2M
Investment incomeLn 3$11K
Money outPt IX
$4.2M
Ln 25
Programscol B$3.8M
Managementcol C$270K
Fundraisingcol D$106K
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$982K
Total assetsLn 16$3.2M
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.2M
Noncash giftsLn 1g$2.7M
Fundraising eventsLn 1c$379K
Investment incomeLn 3$11K
Total revenueLn 12$4.2M
Assets in detailPt X, end of year
CashLn 1$662K
SavingsLn 2$319K
Cash and savings togetherLn 1–2$982K
Land, buildings, equipmentLn 10c$400K
Total assetsLn 16$3.2M
LiabilitiesLn 26$1.1M
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 516
VolunteersI 61,353
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.1M$982K
Land, buildings, equipmentLn 10c$482K$400K
Total assetsLn 16$3.5M$3.2M
LiabilitiesLn 26$1.4M$1.1M
Net assetsLn 32$2.1M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$2.5M$2.5M
Pay of current officers, directors and key staffLn 5$99K$90K$5K$5K
Other salaries and wagesLn 7$615K$554K$31K$30K
Other employee benefitsLn 9$20K$18K$924$1K
Payroll taxesLn 10$67K$59K$3K$4K
Accounting feesLn 11c$48K$48K
Other fees for servicesLn 11g$37K$5K$29K$3K
Advertising and promotionLn 12$47K$3K$109$44K
Office expensesLn 13$12K$2K$7K$3K
OccupancyLn 16$435K$417K$16K$2K
TravelLn 17$3K$627$2K$8
Conferences, conventions and meetingsLn 19$122$122
InterestLn 20$405$117$288
Depreciation, depletion and amortizationLn 22$114K$10K$104K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$177K$166K$9K$2K
All other expensesLn 24e$21K$3K$7K$11K
Total functional expensesLn 25$4.2M$3.8M$270K$106K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $4.2M$4.2M$21K$2.1M 990 PDF
FY2023 $3.9M$3.5M$337K$2.1M 990 PDF
FY2022 $4.3M$2.6M$1.8M$3.2M 990 PDF
FY2021 $2.4M$1.8M$572K$1.4M 990 PDF
FY2020 $1.4M$1.5M−$89K$866K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $4,241,087 across 8 lines filed
Lines not itemized here account for $36,743 of total revenue; see the IRS return.
VIII-1c Fundraising events$379,076
VIII-1f All other contributions, gifts and grants$3,860,558
VIII-1g Noncash contributions (included above)$2,719,666
VIII-1h Total contributions, gifts and grants$4,239,634
VIII-3 Investment incomeExcluded from tax $10,915$10,915
VIII-8 Net income from fundraising eventsExcluded from tax −$46,769−$46,769
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $564$564
VIII-12 Total revenueRelated to mission $36,743 · Unrelated business $0 · Excluded from tax −$35,290$4,241,087
Part IX · Statement of functional expenses $4,220,334 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $2,517,838$2,517,838
IX-5 Pay of current officers, directors and key staffPrograms $89,558 · Management $5,050 · Fundraising $4,791$99,399
IX-7 Other salaries and wagesPrograms $553,769 · Management $31,237 · Fundraising $29,751$614,757
IX-9 Other employee benefitsPrograms $17,682 · Management $924 · Fundraising $1,412$20,018
IX-10 Payroll taxesPrograms $59,313 · Management $3,182 · Fundraising $4,205$66,700
IX-11c Accounting feesManagement $48,133$48,133
IX-11g Other fees for servicesPrograms $5,050 · Management $28,785 · Fundraising $3,448$37,283
IX-12 Advertising and promotionPrograms $3,000 · Management $109 · Fundraising $44,037$47,146
IX-13 Office expensesPrograms $1,821 · Management $6,902 · Fundraising $3,172$11,895
IX-16 OccupancyPrograms $417,179 · Management $15,985 · Fundraising $2,036$435,200
IX-17 TravelPrograms $627 · Management $1,989 · Fundraising $8$2,624
IX-19 Conferences, conventions and meetingsManagement $122$122
IX-20 InterestPrograms $117 · Management $288$405
IX-22 Depreciation, depletion and amortizationPrograms $9,676 · Management $104,324$114,000
IX-23 InsuranceManagement $7,044$7,044
IX-24 Other expenses (24a–d)Programs $165,509 · Management $8,893 · Fundraising $2,395$176,797
IX-24e All other expensesPrograms $2,739 · Management $7,195 · Fundraising $11,039$20,973
IX-25 Total functional expensesPrograms $3,843,878 · Management $270,162 · Fundraising $106,294$4,220,334
Part X · Balance sheet $3,241,949 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $631,109$662,488
X-2 Savings and temporary cash investmentsStart of year $446,126$319,348
X-4 Accounts receivableStart of year $39,013$40,449
X-8 Inventories for sale or useStart of year $576,399$748,592
X-9 Prepaid expenses and deferred charges$36,688
X-10c Land, buildings and equipment, netStart of year $482,362$400,336
X-14 Intangible assetsStart of year $1,373,031$1,034,048
X-16 Total assetsStart of year $3,548,040$3,241,949
X-17 Accounts payable and accrued expensesStart of year $37,529$41,653
X-19 Deferred revenue$8,116
X-25 Other liabilitiesStart of year $1,395,979$1,056,895
X-26 Total liabilitiesStart of year $1,433,508$1,106,664
X-27 Net assets without donor restrictionsStart of year $2,095,782$2,116,035
X-28 Net assets with donor restrictionsStart of year $18,750$19,250
X-32 Total net assets or fund balancesStart of year $2,114,532$2,135,285
X-33 Total liabilities and net assetsStart of year $3,548,040$3,241,949
Part XI · Reconciliation of net assets $2,135,285 net assets at year end
XI-1 Total revenue$4,241,087
XI-2 Total expenses$4,220,334
XI-3 Revenue less expenses$20,753
XI-4 Net assets at start of year$2,114,532
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,135,285

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.