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Catie's Closet Inc.

 19 School Street
 Dracut, MA 01826
[P] (978) 957-2200
[F] (978) 339-9777
www.catiescloset.org
[email protected]
Mickey Cockrell
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INCORPORATED: 2011
 Printable Profile (Summary / Full)
EIN 27-2531953

LAST UPDATED: 09/18/2017
Organization DBA --
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years Yes

Summary

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Mission StatementMORE »

Catie's Closet's mission is to ensure all children have access to fundamental necessities like clothing and toiletries so they are better prepared to focus on their education. We are dedicated to improving educational outcomes for children living in poverty through our unique in-school program.

Mission Statement

Catie's Closet's mission is to ensure all children have access to fundamental necessities like clothing and toiletries so they are better prepared to focus on their education. We are dedicated to improving educational outcomes for children living in poverty through our unique in-school program.


FinancialsMORE »

Fiscal Year Jan 01, 2017 to Dec 31, 2017
Projected Income $2,697,665.00
Projected Expense $2,674,069.00

ProgramsMORE »

  • Clothing & Basic Necessities

Revenue vs. Expense ($000s)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

Catie's Closet's mission is to ensure all children have access to fundamental necessities like clothing and toiletries so they are better prepared to focus on their education. We are dedicated to improving educational outcomes for children living in poverty through our unique in-school program.


Background Statement

Following an article in the Lowell Sun in 2009, Catie Bisson, her family, and peers Jeanne D’Arc Credit Union championed a project that resulted in over forty bags of winter clothing to assist homeless students at Lowell High School. While a student at Lowell High School, Catie was well aware of the bleak situation many students faced  and considered herself lucky despite being afflicted with many health issues that ultimately claimed her life on March 23, 2010. Because this initial gesture resonated with the mature twenty-year-old, her family and friends opted to create an organization devoted to removing barriers in tribute to her belief that “A good education gets you started, gets you motivated, and keeps you going. Every person should have the same support and encouragement that I had and continue to have in my life.” Catie’s Closet strives to honor Catie’s belief that education “is the framework of a confident and goal oriented person and the foundation for a strong and intelligent generation.”

Impact Statement

In 2015, Catie's Closet provided an in-school resource of clothing and basic necessities to 15,000 students living below the poverty line in 30 schools in Massachusetts and New Hampshire. The organization hit the $1 million mark for in-kind donations as well as received support from more than 200 volunteers who sorted donations and many community organizations that hosted drives.
 
Our goals for 2016 adding 10 in-school closets that will be served by our Dracut distribution center and laying the groundwork for another Massachusetts hub location so we can serve more students in need. 

Needs Statement

Catie's Closet's top five needs include:
  • Funding for 10 new school closets in the Merrimack Valley/Lowell area ($5,000 per school)
  • Funding for the development of new hubs in MA and nationally ($250,000 per hub)
  • Clothing and personal hygiene donations
  • Growing the number of community organizations that conduct drives 
  • Enhancing technology and inventory management systems to ensure operational excellence and scalability  

CEO Statement

Each day, students all over Massachusetts face significant hurdles that limit their ability to go to school and thrive. There are over 300,000 students living in poverty in our public schools, and many lack self-esteem that comes along with being different. In fact, access to suitable clothing and basic necessities is a top reason for absenteeism.

Catie’s Closet is making inroads to address these challenges. In 2015, we served more than 16,000 homeless and underprivileged students in 30 schools in MA and NH. Our in-school closets provide free clothing and personal hygiene items that improve confidence, cultivate a sense of belonging, and alleviate the visible burden of poverty. By helping children fit in, we are giving children greater incentive to go to school and be successful. By boosting attendance and self-esteem, we are increasing the chances that students graduate and break the cycle of poverty.

Unlike other similar organizations, Catie's Closet gives students in need immediate access to clothing and basic necessities, with minimal interruption in their school day, and with no social service agency involvement, paperwork, or lengthy process involved. 
 

Board Chair Statement


Geographic Area Served

In a specific U.S. city, cities, state(s) and/or region.
NORTHEAST REGION, MA
City of Boston- North Dorchester

Boston: Dorchester, West Roxbury
 
Merrimack Valley: Lowell, Lawrence, Dracut, Tyngsboro and Billerica Massachusetts.
 
New Hampshire: Nashua and Hudson.

Organization Categories

  1. Human Services - Children's and Youth Services
  2. Education -
  3. -

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

Under Development

Programs

Clothing & Basic Necessities

Catie's Closet provides in-school closets with clothing and basic necessities for students living below the poverty line
Budget  --
Category  Human Services, General/Other
Population Served K-12 (5-19 years)
Program Short-Term Success  Short-term success will be defined as expanding our reach to students in need and helping improve student attendance and perforomance.
Program Long-Term Success  Catie's Closet would like to help students living below the poverty line access to clothing and basic necessities to improve self-esteem, school attendance and performance, and ultimately graduation. Education is key to break the cycle of poverty. Our goal is to expand across the state of Massachusetts and go national.
Program Success Monitored By  Program success will be monitored by surveys, meetings with school staff, student interviews, and academic records.
Examples of Program Success  Examples of program success include improved attendance, academic performance, student self-esteem, and graduation rates.

CEO/Executive Director/Board Comments

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Management


CEO/Executive Director MS Mickey Cockrell
CEO Term Start July 2013
CEO Email [email protected]
CEO Experience

Mickey Cockrell is an entrepreneur serving as Executive Director and Co-Founder of Catie's Closet.

Prior to Catie's Closet, Mickey spent over 30 years in Business Management. Her primary focus has been in the retail sector providing leadership for Jordan Marsh, Filene's and most recently as Vice President for Kohl's. Mickey has held the roles of Buyer, Marketing Manager, Human Resources, Multi-Store Manager and Asst. Director of Stores. She is known as an innovator and problem solver in the industry creating high impact marketing strategies and unique models for delivering unparalleled customer service. Most notably are Mickey's contributions and leadership in driving company expansion and operational efficiencies. Mickey is also on the Board of Directors for CTI and Board of Advisors for Indigo Magic.

Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience


Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
Denise Trombly Treasurer --

Awards

Award Awarding Organization Year
Portfolio Member Draper Richards Kaplan 2016
Accepted as Non-Profit Cohort Social Innovation Forum 2015
1st Place Winner EforAll 2014
Compassionate Service to the Community Elisabeth Bruyere 2014
Diamond Award MassChallenge 2014
Non-Profit of the Year Celebration of Excellence - Enterprise Bank 2014

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? No
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

--

CEO/Executive Director/Board Comments

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Foundation Comments

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Staff Information

Number of Full Time Staff 5
Number of Part Time Staff 3
Number of Volunteers 267
Number of Contract Staff 1
Staff Retention Rate % 100%

Staff Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 8
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 7
Male: 1
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Under Development
Organization has Strategic Plan? Under Development
Years Strategic Plan Considers 3
Management Succession Plan Under Development
Business Continuity of Operations Plan --
Organization Policies And Procedures Under Development
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes
State Charitable Solicitations Permit Yes
State Registration Yes

Risk Management Provisions

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Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Governance


Board Chair Ms Anne-Marie Bisson
Board Chair Company Affiliation Jeanne D'Arc Credit Union
Board Chair Term Mar 2011 -
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Lauren Aducci Enterprise Bank Voting
Lynne Baril Lowell General Hospital Voting
Laura Bisson UnitedHealthCare Voting
Brian Chapman Mill City Environmental Voting
Mark Dionne PriceWaterhouseCooper Voting
Stephanie Dodson Draper, Richards, Kaplan Foundation Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 1
Asian American/Pacific Islander: 0
Caucasian: 6
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 5
Male: 2
Not Specified 0

Board Information

Board Term Lengths --
Board Term Limits --
Board Meeting Attendance % 100%
Written Board Selection Criteria Yes
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions 75%
Constituency Includes Client Representation No

Standing Committees

  • Board Development / Board Orientation
  • Special Events (Golf Tournament, Walk / Run, Silent Auction, Dinner / Gala)
  • Volunteer

CEO/Executive Director/Board Comments

 

Foundation Comments

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Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Fiscal Year Jan 01, 2017 to Dec 31, 2017
Projected Income $2,697,665.00
Projected Expense $2,674,069.00
Form 990s

2016 Form 990

2015 Form 990

2014 Form 990

2013 Form 990

2012 Form 990

Audit Documents

2016 Audited Financials

2015 Audited Financials

2014 Audited Financials

2013 Audited Financials

IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2016 2015 2014
Total Revenue $2,344,874 $1,590,187 $1,115,379
Total Expenses $1,901,939 $791,213 $810,862

Prior Three Years Revenue Sources

Fiscal Year 2016 2015 2014
Foundation and
Corporation Contributions
-- -- $249,010
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions $502,106 $474,049 $16,988
Indirect Public Support -- -- --
Earned Revenue -- -- --
Investment Income, Net of Losses $1,734 $715 $175
Membership Dues -- -- --
Special Events $178,708 $110,460 $95,459
Revenue In-Kind $1,662,326 $1,004,963 $749,950
Other -- -- $3,797

Prior Three Years Expense Allocations

Fiscal Year 2016 2015 2014
Program Expense $1,693,728 $639,361 $717,494
Administration Expense $45,816 $36,511 $30,708
Fundraising Expense $162,395 $115,341 $62,660
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 1.23 2.01 1.38
Program Expense/Total Expenses 89% 81% 88%
Fundraising Expense/Contributed Revenue 24% 20% 17%

Prior Three Years Assets and Liabilities

Fiscal Year 2016 2015 2014
Total Assets $1,893,696 $1,457,846 $665,478
Current Assets $615,532 $1,409,640 $623,419
Long-Term Liabilities $12,130 $15,331 $15,323
Current Liabilities $6,185 $10,069 $16,683
Total Net Assets $1,875,381 $1,432,446 $633,472

Prior Three Years Top Three Funding Sources

Fiscal Year 2016 2015 2014
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value --
Spending Policy --
Percentage(If selected) --
Credit Line No
Reserve Fund Yes
How many months does reserve cover? 3.00

Capital Campaign

Are you currently in a Capital Campaign? Yes
Capital Campaign Purpose Launching Boston
Campaign Goal $350,000.00
Capital Campaign Dates July 2017 - Dec 2017
Capital Campaign Raised-to-Date Amount $170,000.00
Capital Campaign Anticipated in Next 5 Years? Yes

Short Term Solvency

Fiscal Year 2016 2015 2014
Current Ratio: Current Assets/Current Liabilities 99.52 140.00 37.37

Long Term Solvency

Fiscal Year 2016 2015 2014
Long-term Liabilities/Total Assets 1% 1% 2%

CEO/Executive Director/Board Comments

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Foundation Comments

Financial summary data in charts and graphs are per the organization's audited financials. Contributions from foundations and corporations are listed under individuals when the breakout was not available.

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

Catie's Closet improves school attendance and removes social stigma by providing an in-school resource of clothing and basic necessities to students (pre-K through 12) living below the poverty line.

When students gain access to quality clothing and basic necessities, they are able to lessen the impact of poverty on their self esteem and improve their chances for wanting to go to school and succeed. The only way to break the poverty cycle is to improve educational outcomes. Since lack of clothing is a top cause of absenteeism, ensuring students in poor communities have adequate clothing boosts educational outcomes and has the potential to alleviate poverty.
 
Catie's Closet would define long-term success by reaching as many students in need at a state and national level. Our goal is to improve attendance, scholastic achievement, self esteem, and ultimately graduation rates.
 

2. What are your strategies for making this happen?

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3. What are your organization’s capabilities for doing this?

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4. How will your organization know if you are making progress?

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5. What have and haven’t you accomplished so far?

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