Open Storehouse Incorporated

Tax-deductible

Jacksonville, FL501(c)(3)EducationEIN 47-1662454

to eliminate lack and suffering among disadvantaged groups by connecting people and resources to provide for the underpriviledged

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$70K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
3 of 3
filings with a surplus
Average surplus $19K a year · 6% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$70K
to officers and key staff · 20% of spending
Top officer’s pay higher than 62% of similar orgs
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $21K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$362K
+9% vs prior year
Spent
$343K
To programs
93%
Net assets
$61K
By yearFY2020–FY2024
Revenue
$362K
FY2024▲ +9%
Revenue by fiscal year
FY2020$175K
FY2021Not on file
FY2022$347K
FY2023$332K
FY2024$362K
Expenses
$343K
FY2024▲ +6%
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$317K
FY2023$322K
FY2024$343K
Net assets
$61K
FY2024▲ +6%
Net assets by fiscal year
FY2020$7K
FY2021$7K
FY2022$54K
FY2023$58K
FY2024$61K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2016.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $318K Management & general 7% · $24K

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

Who runs it and what they're paid

5 people listed on the 990; $70K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$70,000Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Brad Klein’s $70K as President is at the 62nd percentile of top reported officer pay among 1613 $100K–1M education 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
Brad Klein$70,000$70,000$69,999—
Brad L Klein———$64,833

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 Open Storehouse Incorporated 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

Connects people and resources to alleviate lack and suffering for disadvantaged groups.

Provided by the organization

This section is blank until Open Storehouse Incorporated claims this page.

Know this organization? Claim it to add your story

1 program service account for $318K of program spending, described in the organization's own filed words · FY2024.
01

Program Expenses were used to provide relief supplies in disadvantaged countries throughout the world.

$318Kprogram 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 · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$21K
Grants paid · 2 grants · $108K · 2024–2024
Kind Heart INCFL · FY2024$103,003
Unitemized GrantFY2024$5,170

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$362K
Ln 12
Fees for servicesLn 2g$362K
Investment incomeLn 3$16
Money outPt IX
$343K
Ln 25
Programscol B$318K
Managementcol C$24K
Owns and owesPt X
$61K
net assets · Ln 32
Cash and savingsLn 1–2$56K
Total assetsLn 16$66K
LiabilitiesLn 26$5K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$362K
Investment incomeLn 3$16
Total revenueLn 12$362K
Assets in detailPt X, end of year
CashLn 1$56K
Cash and savings togetherLn 1–2$56K
Land, buildings, equipmentLn 10c$10K
Total assetsLn 16$66K
LiabilitiesLn 26$5K
Net assetsLn 32$61K
OperationsPt I, VI
EmployeesI 50
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$39K$56K
Land, buildings, equipmentLn 10c$14K$10K
Total assetsLn 16$53K$66K
LiabilitiesLn 26$4K$5K
Net assetsLn 32$49K$61K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$117K$117K
Grants to domestic individualsLn 2$500
Grants and assistance to foreign recipientsLn 3$37K$37K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$94K$94K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$4K$4K
Payroll taxesLn 10$13K$13K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$24K$24K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$5K$5K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$43K$43K
All other expensesLn 24e$0
Total functional expensesLn 25$343K$318K$24K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $362K$343K$19K$61K 990 PDF
FY2023 $332K$322K$10K$58K 990 PDF
FY2022 $347K$317K$30K$54K 990 PDF
FY2021 $7K 990 PDF
FY2020 $175K$7K 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 $361,786 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $361,770$361,770
VIII-3 Investment incomeUnrelated business $16$16
VIII-12 Total revenueRelated to mission $361,770 · Unrelated business $16$361,786
Part IX · Statement of functional expenses $343,245 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $117,486$117,486
IX-2 Grants to domestic individuals$500
IX-3 Grants and assistance to foreign recipientsPrograms $37,181$37,181
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $93,861$93,861
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $4,438$4,438
IX-10 Payroll taxesPrograms $13,276$13,276
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $24,484$24,484
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $4,534$4,534
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $4,392$4,392
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $43,093$43,093
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $318,261 · Management $24,484 · Fundraising $0$343,245
Part X · Balance sheet $65,556 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $39,103$55,857
X-10c Land, buildings and equipment, netStart of year $14,091$9,699
X-16 Total assetsStart of year $53,194$65,556
X-17 Accounts payable and accrued expensesStart of year $4,272$4,659
X-26 Total liabilitiesStart of year $4,272$4,659
X-32 Total net assets or fund balancesStart of year $48,922$60,897
X-33 Total liabilities and net assetsStart of year $53,194$65,556
Part XI · Reconciliation of net assets $60,897 net assets at year end
XI-1 Total revenue$361,786
XI-2 Total expenses$343,245
XI-3 Revenue less expenses$18,541
XI-4 Net assets at start of year$48,922
XI-8 Prior period adjustments−$6,566
XI-10 Net assets at end of year$60,897

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.