Fun Clothes Inc

Nonprofit profile at a glance

EIN
874374481
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Bunnlevel, NC, USA
Phone
9108086750
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Emergency Assistance

Official website

Reported finances

Revenue
$52,455
Expenses
$480
Assets
$165,116
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

  • Teresa Barnes (Executive Director/Founder)
  • Patrice McKoy (Vice President/Treasure)

People named in this filing

  • Teresa Barnes (Executive Director/Founder)
  • Patrice McKoy (Vice President/Treasure)
  • Keith Surles (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

The Fun Clothes Inc primary purpose is to provide free new or gently used clothing to impoverished and homeless students and families in Harnett County schools and throughout the community. We believe every child should dress comfortably and ready to learn.

What it reported doing in 2025

In 2025, the organization provided free new and gently used clothing to 275 impoverished and homeless students in Harnett County North Carolina and throughout the community. We provide services to any of the 20,500 students in the Harnett County schools serving areas such as: Bunnlevel NC, Spring Lake NC, Lillington NC, Angier NC, Erwin NC, Dunn NC, Coats NC, Buies Creek NC, Sanford NC, and Cameron NC. The Fun Clothes Inc have supported children and families in surrounding communities such as: Fayetteville NC, Linden NC, and Wade NC with new and gently used clothes. Approximately 54 volunteers have made this possible by donating nearly 621 volunteer hours of service to the organization. During the year, the organization received over 9,100 pieces of clothing donated by individuals in Harnett County, North Carolina, and surrounding areas such as Raleigh NC, Fayetteville NC, Linden NC etc. Our program mission total at $1100 but additional funds are needed to operate at full capacity. These clothing fair market value is $49231.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 91
  • 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: 99.1%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 343.99; rating input score 100; 100th 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: -56% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: 13.7% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 53.8% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2023 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.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.