Ftr Apparel Inc
Nonprofit profile at a glance
- EIN
- 854252480
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025
- Location
- Gibbsboro, NJ, USA
- Phone
- 8562879261
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Federated Giving Programs
Reported finances
- Revenue
- $35,027
- Expenses
- $34,992
- Assets
- $1,637
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Joel Glotfelty (CEO)
People named in this filing
- Joel Glotfelty (CEO)
- Brian Glotfelty (CFO)
- Aaron Lulla (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We are an apparel brand with a message of hope and perseverance. We sell our uniquely branded apparel to raise money for causes we believe in and we use the proceeds from the sales of our apparel to support other charitable organizations which have visions and missions common to our own.
What it reported doing in 2025
In 2022, we experienced issues with the quality of some of our products, so sales were low due to the fact that we took some time to find new suppliers and printers that would provide us with high quality items. We also switched e-commerce platforms and underwent a brand reshaping. So, 2022 was a year of learning and reorganizing for us as we continue to try to spread awareness of our brand and raise money to donate to charitable organizations through the sale of our products. We did expand our business model to include branding apparel for other small businesses and we have currently partnered with three businesses who sell their merchandise with our branding on it. This will increase the reach of our brand while also increasing our income.
Operating model
- Revenue model
- Donor-supported. 63% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0.1%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -100% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: 56.7% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 47.3% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.