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Nonprofit · EIN 47-4977811

CLOSEKNIT

Tax-exempt · MINNEAPOLIS, MN 55411

Financials

$278K$334K2022$254K$248K2023$183K$185K2024
Revenue Expenses · by fiscal year end
Financials of CLOSEKNIT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$183,203$185,357-$2,154$105,263$32,691$72,572
December 31, 2023990$253,548$248,159$5,389$75,895$1,169$74,726
December 31, 2022990$278,098$333,888-$55,790$69,253-$84$69,337
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$183,035
of which government grants
$21,000
Program service revenue
$0
Investment income
$168
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$135,388
Salaries, compensation and benefits (total)
$148,845
Professional fundraising fees
$7,500
Accounting fees
$7,434
Occupancy
$4,800
Travel
$770
Program services (functional)
$121,964
Management and general (functional)
$55,893
Fundraising (functional)
$7,500

Balance sheet and other

Total assets, start of year
$75,895
Total assets, end of year
$105,263
Total liabilities, end of year
$32,691
Net assets, end of year
$72,572
Net assets without donor restrictions
$72,572
Gross receipts
$183,203
Employees
2
Volunteers
5
Year formed
2015
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ANGELA REEDEXECUTIVE DIRECTOR
Officer
40$84,157$0
CECILIA-CHAYYIM BARBA-COOKDEPUTY DIRECTOR
Officer
40$40,984$2,726
MICHAEL GIOVANISOPERATIONS
Officer
40$7,520$0
BEAU RARABOARD CHAIR
Trustee or director, Officer
1$0$0
MARIKA REESEBOARD DIRECTOR
Trustee or director
1$0$0
ALIYA WHITEBOARD DIRECTOR
Trustee or director
1$0$0
NINA BROWNSECRETARY
Trustee or director, Officer
1$0$0
CRESSTON GRACKLETREASURER
Trustee or director, Officer
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
CECILIA-CHAYYIM BARBA-COOKDEPUTY DIRECTOR
Officer
40$68,000$5,062
MICHAEL GIOVANISOPERATIONS
Officer
40$55,480$1,538
JACQUELINE WHITEEXECUTIVE DIRECTOR
Officer
40$23,157$2,874
BRIAN ROSASOPERATIONS
Officer
20$16,976$0
NINA BROWNDIRECTOR
Trustee or director
1$0$0
MARIKA REESEDIRECTOR
Trustee or director
1$0$0
ALIYA WHITEDIRECTOR
Trustee or director
1$0$0
BETHANY BOBOCOMMUNICTIONS COORDINATOR
Trustee or director, Officer
2$0$0
BEAU RARABOARD CHAIR
Trustee or director, Officer
1$0$0
CRESSTON GRACKLETREASURER
Trustee or director, Officer
1$0$0
990 for the year ended December 31, 2022: 8 people
NameTitleHours / weekCompensationOther / benefits
JACQUELINE WHITEEXECUTIVE DIRECTOR
Trustee or director, Officer
40$74,820$12,956
ALIYA WHITEDIRECTOR
Trustee or director
2$0$0
MARIKA REESEDIRECTOR
Trustee or director
2$0$0
CRESSTON GRACKLEDIRECTOR
Trustee or director
2$0$0
NINA BROWNDIRECTOR
Trustee or director
2$0$0
BEAU RARABOARD CHAIR
Trustee or director, Officer
2$0$0
DEBORAH RYANSECRETARY
Trustee or director, Officer
2$0$0
ROSYMAR HJERMSTADTREASURER
Trustee or director, Officer
2$0$0

Address and contacts

Address (IRS master file)
1007 W BROADWAY AVE, MINNEAPOLIS, MN 55411-2503
In care of
% ANGELA REED
Mailing address (990-N for 2019)
3748 Bryant Avenue South, Minneapolis MN 55409
Principal officer (990 for 2024)
ANGELA REED, 1007 W BROADWAY AVE, MINNEAPOLIS, MN 55411
Principal officer (990-N for 2019)
Aaron Zimmerman, 1830 Johnson St NE, Minneapolis MN 55418
Signed the 990
ANGELA REED, EXECUTIVE DIRECTOR
Phone
(651) 243-0033
Return prepared by
Prudent Accountants

Mission

PREVENTING YOUTH HOMELESSNESS.

990 for the year ended December 31, 2024

Program accomplishments

  • CHOSEN JUSTICE PROGRAM: OUR CHOSEN FAMILY JUSTICE INITIATIVE ENGAGES YOUTH FACING HOMELESSNESS, ADULT HOSTS, DIRECT SERVICE PROVIDERS, PROPERTY OWNERS, AND GOVERNMENT AGENCIES TO RAISE AWARENESS, CREATE LEGAL RESOURCES, AND POLICY PROPOSALS TO SUPPORT HOSTS WHO ARE INFORMALLY HOSTING YOUTH.
    Expenses $84,642
  • CIRCLE MAP PROJECT: CLOSEKNIT FOCUSES ON THE WELLBEING AND SAFETY OF YOUTH WHO EXPERIENCE HOMELESSNESS. RECOGNIZING THAT TO BEST SERVE YOUTH FACING HOMELESSNESS, YOUNG PEOPLES VOICES AND EXPERIENCES NEED TO BE HEARD, CLOSEKNIT WORKS TO SHIFT THE CONVERSATION ON YOUTH HOMELESSNESS BY INVESTING IN CONNECTIONS BETWEEN YOUTH AND THEIR NATURAL SUPPORTS ALONG WITH RESEARCHING, TRAINING, AND ADVOCATING FOR PRACTICES THAT SUPPORT THE NEEDS OF HOMELESS YOUTH. OUR APPROACH HELPS YOUTH HONOR THEIR DEEP NEED FOR CONNECTION AND BELONGING, REPAIR RELATIONSHIPS, AND BUILD THEIR OWN NETWORKS OF SUPPORT. THE CIRCLE MAP IS OUR STARTING POINT A TOOL USED BY CLOSEKNIT TO HELP YOUTH IDENTIFY POSSIBLE INFORMAL HOSTING ARRANGEMENTS FROM WITHIN THEIR ALREADY EXISTING NETWORK OF ADULTS. CONTINUED IN SCHEDULE O.
    Expenses $37,322

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-4977811
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$105,263
Income (IRS master file)
$183,203

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$183,203$185,357$105,263IRS
990December 2023$253,548$248,159$75,895IRS
990December 2022$278,098$333,888$69,253IRS
990December 2021–––IRS
990-N for 2019
Officer: Aaron Zimmerman
December 31, 2019≤ $50,000 receipts––e-Postcard
990-N for 2017
Officer: Jacqueline White
December 31, 2017≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4977811).

Questions about CLOSEKNIT

What is the EIN of CLOSEKNIT?
The employer identification number (EIN) of CLOSEKNIT is 47-4977811.
Is CLOSEKNIT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Which annual return does CLOSEKNIT file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CLOSEKNIT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CLOSEKNIT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CLOSEKNIT?
The 990 for the year ended December 31, 2024 names ANGELA REED.
Who are the officers and directors of CLOSEKNIT?
The 990 for the year ended December 31, 2024 lists 8 people; 3 received compensation from the organization, the highest $84,157 (ANGELA REED, EXECUTIVE DIRECTOR).
How much revenue does CLOSEKNIT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $183,203, expenses of $185,357 and total assets of $105,263 at year end.

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