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Nonprofiteer
← RED HAT THRIFT STORE

Form 990 for tax year 2023

Filed by RED HAT THRIFT STORE.

Totals

Total revenue
$457,037
Total expenses
$462,045
Contributions and grants received
$1
Grants paid
$155,391
Program service revenue
$457,364
Investment income
$0
Other revenue
-$328
Total assets, end of year
$84,646
Total liabilities, end of year
$27,621
Net assets or fund balances, end of year
$57,025
Program services expenses (Part IX)
$400,715
Management and general expenses
$61,330
Fundraising expenses
$0
Program service expenses (Part III)
$400,715

Program services were 86.7% 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

  • 2a · Program service revenue: SALE OF DONATED INVENTO

    total $446,404 · excluded $446,404

  • 2b · Program service revenue: SALE OF TEXTILES TO ARC

    total $10,960 · excluded $10,960

  • 11a · Other revenue: CASH OVERSHORT

    total -$334 · excluded -$334

  • 11b · Other revenue: INTEREST INCOME

    total $6 · excluded $6

  • 11e · Other revenue, total

    -$328

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $155,391 · program services $155,391

  • 7 · Other salaries and wages

    total $194,851 · program services $155,881 · management and general $38,970

  • 9 · Other employee benefits

    total $16,059 · program services $12,847 · management and general $3,212

  • 10 · Payroll taxes

    total $21,603 · program services $17,282 · management and general $4,321

  • 11g · Fees: other

    total $5,317 · program services $4,254 · management and general $1,063

  • 12 · Advertising and promotion

    total $3,863 · program services $3,090 · management and general $773

  • 13 · Office expenses

    total $5,543 · program services $4,434 · management and general $1,109

  • 16 · Occupancy

    total $33,395 · program services $26,716 · management and general $6,679

  • 23 · Insurance

    total $2,453 · program services $1,963 · management and general $490

  • 24a · Other expenses: TAXES AND LICENSES

    total $2,370 · program services $1,896 · management and general $474

  • 24b · Other expenses: DISPOSAL

    total $2,746 · program services $2,197 · management and general $549

  • 24c · Other expenses: DUES SUBSCRIPTIONS FEES

    total $1,391 · program services $1,113 · management and general $278

  • 24d · Other expenses: PAYROLL PROCESSING FEES

    total $8,657 · program services $6,926 · management and general $1,731

  • 24e · All other expenses

    total $8,406 · program services $6,725 · management and general $1,681

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $51,649 · end of year $48,253

  • 2 · Savings and temporary cash investments

    beginning of year $33,174 · end of year $33,176

  • 10a · Land, buildings and equipment: cost or other basis

    $9,071

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,276

  • 10c · Land, buildings and equipment, net

    beginning of year $1,795 · end of year $1,795

  • 15 · Other assets

    beginning of year $1,183 · end of year $1,422

  • 17 · Accounts payable and accrued expenses

    beginning of year $22,359 · end of year $24,451

  • 25 · Other liabilities

    beginning of year $3,409 · end of year $3,170

  • 27 · Net assets without donor restrictions

    beginning of year $62,033 · end of year $57,025

Mission and programs · 2023

Mission

THE ORGANIZATIONS MISSION IS TO FOSTER AN ENVIRONMENT THAT REFLECTS THE DIGNITY OF EACH PERSON AND TO SUPPORT FAMILIES AND CHILDREN IN NEED PRIMARILY THROUGH SUPPORT OF THE EMERGENCY SUPPORT SHELTER AND PARENTS PLACE.

  • PROFITS ARE DISTRIBUTED EQUALLY ON A QUARTERLY BASIS TO PARENTS PLACE AND EMERGENCY SUPPORT SHELTER IN SUPPORT OF PROGRAMS SPONSORED BY EACH ORGANIZATION. ADDITIONALLY IN KIND DONATIONS OF CLOTHING AND HOUSEHOLD GOODS ARE PROVIDED TO CLIENTS SERVED BY PARENTS PLACE AND EMERGENCY SUPPORT SHELTER.

    Expenses $400,715 · Revenue $457,367

As filed on the 2023 return.

Listed in Part VII

  • Mary Lyons

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Georgia Vaughn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Sarah Hancock

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Stephanie Bucher

    TREASURER

    Total calculated
    $0
    Hours/week
    0

  • Kathie Griffin

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • Sherrie Tinoco

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • Beth Fellows

    SECRETARY

    Total calculated
    $0
    Hours/week
    0

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

  • EMERGENCY SUPPORT SHELTER

    $77,695

    OPERATIONS

  • PARENTS PLACE

    $77,695

    OPERATIONS

Provenance

Return type
form_990
Tax year
2023
Filed
4 November 2024
IRS schema version
2023v5.1
Source object
202403119349303485

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