Skip to content
Nonprofiteer
← SECOND CHANCE SHOP

Form 990 for tax year 2023

Filed by SECOND CHANCE SHOP.

Totals

Total revenue
$414,923
Total expenses
$333,220
Contributions and grants received
$1,273
Grants paid
$207,360
Program service revenue
$0
Investment income
$8,818
Other revenue
$404,832
Total assets, end of year
$341,530
Total liabilities, end of year
$516
Net assets or fund balances, end of year
$341,014
Program services expenses (Part IX)
$330,805
Management and general expenses
$2,415
Fundraising expenses
$0
Program service expenses (Part III)
$330,805

Program services were 99.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,273

  • 3 · Investment income

    total $8,818 · related or exempt $8,818

  • 10a · Gross sales of inventory

    $404,832

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $404,832 · related or exempt $404,832

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $207,360 · program services $207,360

  • 7 · Other salaries and wages

    total $15,407 · program services $15,407

  • 10 · Payroll taxes

    total $1,437 · program services $1,437

  • 12 · Advertising and promotion

    total $3,297 · program services $3,297

  • 13 · Office expenses

    total $22,793 · program services $22,793

  • 16 · Occupancy

    total $75,339 · program services $75,339

  • 23 · Insurance

    total $1,950 · program services $1,392 · management and general $558

  • 24a · Other expenses: ORGANIZATION DEVELOPMEN

    total $3,045 · program services $1,188 · management and general $1,857

  • 24b · Other expenses: VOLUNTEER PROGRAMS

    total $2,592 · program services $2,592

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $135,573 · end of year $176,876

  • 2 · Savings and temporary cash investments

    beginning of year $124,051 · end of year $164,654

  • 25 · Other liabilities

    beginning of year $0 · end of year $516

  • 27 · Net assets without donor restrictions

    beginning of year $259,624 · end of year $341,014

Mission and programs · 2023

Mission

THE MISSION OF SECOND CHANCE THRIFT SHOP IS TO GENERATE FUNDS THROUGH THE SALE OF DONATED ITEMS. GENERATED FUNDS ARE THEN DISTRIBUTED TO LOCAL NONPROFIT ORGANIZATIONS.

  • OPERATING SECOND CHANCE THRIFT SHOP - THE GOAL OF THE SHOP IS TO RAISE FUNDS FOR OUR COMMUNITY SUPPORT AWARDS. THE SHOP ALSO HAS A MISSION TO KEEP PRICES VERY REASONABLE. WE WANT MEMEBERS OF OUR COMMUNITY THAT NEED CLOTHING, AT VERY REASONABLE PRICES, TO ALWAYS BE ABLE TO SHOP WITH US.

    Expenses $222,793 · Grants $200,000

  • COMMUNITY SUPPORT VOUCHERS - COMMUNITY ORGANIZATIONS, THAT SUPPORT OUR MISSION, ARE GIVEN $20 VOUCHERS TO BE GIVEN TO THEIR CLIENTS AS NEEDED. THESE VOUCHERS ARE USED BY THE INDIVIDUAL TO PURHCASE NEEDED ITEMS AT SECOND CHANCE THRIFT SHOP.

    Expenses $7,360 · Grants $7,360

  • Expenses $100,652

As filed on the 2023 return.

Listed in Part VII

  • Cathy Elkins

    BOARDMEMBER

    Total calculated
    $0
    Hours/week
    4
  • Will Humphries

    BOARDMEMBER

    Total calculated
    $0
    Hours/week
    4
  • Connie Holmes

    BOARDMEMBER

    Total calculated
    $0
    Hours/week
    4
  • Marsha Barrington

    BOARDMEMBER

    Total calculated
    $0
    Hours/week
    4
  • Naomi Nimmo

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4
  • Julie Dugan

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4
  • Judi Balding

    SECRETARY

    Total calculated
    $0
    Hours/week
    4
  • Janyce Hursey

    TREASURER

    Total calculated
    $0
    Hours/week
    4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
27 September 2024
IRS schema version
2023v5.1
Source object
202412719349301601

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.