Totals
- Total revenue
- $1,370,857
- Total expenses
- $1,055,653
- Contributions and grants received
- $123,063
- Grants paid
- $221,550
- Program service revenue
- $0
- Investment income
- $1,826
- Other revenue
- $1,245,968
- Total assets, end of year
- $1,313,693
- Total liabilities, end of year
- $18,919
- Net assets or fund balances, end of year
- $1,294,774
- Program services expenses (Part IX)
- $1,017,953
- Management and general expenses
- $37,700
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,017,953
Program services were 96.4% 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.
-
1e · Government grants (contributions)
$113,577
-
1f · All other contributions, gifts and grants
$9,486
-
3 · Investment income
total $1,826
-
10a · Gross sales of inventory
$1,245,968
-
10c · Net income from sales of inventory
total $1,245,968
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $221,550 · program services $221,550
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $524,537 · program services $519,292 · management and general $5,245
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $19,346 · program services $19,152 · management and general $194
-
10 · Payroll taxes
total $54,956 · program services $54,406 · management and general $550
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $17,120 · management and general $17,120
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $556 · program services $556
-
13 · Office expenses
total $4,908 · program services $3,926 · management and general $982
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $151,680 · program services $144,096 · management and general $7,584
-
17 · Travel
total $95 · program services $95
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $7,275 · program services $7,202 · management and general $73
-
23 · Insurance
total $14,223 · program services $8,818 · management and general $5,405
-
24a · Other expenses: TAX LICENSES
total $8,127 · program services $7,802 · management and general $325
-
24b · Other expenses: OPERATING EXPENSES
total $11,114 · program services $10,892 · management and general $222
-
24c · Other expenses: MERCHANT CARD FEES/DIRECT DEPOSIT FEES
total $20,166 · program services $20,166
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $32,802 · end of year $10,569
-
2 · Savings and temporary cash investments
beginning of year $1,026,732 · end of year $885,623
-
9 · Prepaid expenses and deferred charges
end of year $10,000
-
10a · Land, buildings and equipment: cost or other basis
$514,859
-
10b · Land, buildings and equipment: accumulated depreciation
$107,358
-
10c · Land, buildings and equipment, net
beginning of year $8,652 · end of year $407,501
-
15 · Other assets
beginning of year $41,355
-
17 · Accounts payable and accrued expenses
end of year $18,919
-
25 · Other liabilities
beginning of year $131,680
-
27 · Net assets without donor restrictions
beginning of year $977,861 · end of year $1,294,774
Mission and programs · 2022
Mission
RAISE FUNDS THROUGH THE THRIFT STORE TO PROVIDE SUPPORT AND CONTRIBUTIONS TO WORTHWHILE COMMUNITY ORGANIZATIONS.
Activities or mission (Part I)
OPERATE A THRIFT STORE TO GENERATE FUNDS FOR CHARITABLE PURPOSES.
-
COMMUNITY CONTRIBUTIONS - ISLAND THRIFT PROVIDES GRANT FUNDING TO NUMEROUS ISLAND COUNTY, WA ORGANIZATIONS AND CHARITIES. TOGETHER, WE ARE REINVESTING IN THE COMMUNITY WE LOVE.
Expenses $221,550 · Grants $221,550
-
THRIFT STORE OPERATIONS
Expenses $796,403 · Revenue $1,245,968
-
PPP LOAN FORGIVENESS
Revenue $113,577
As filed on the 2022 return.
Listed in Part VII
-
Alex PfeifferALEX PFEIFFER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Peg ShannonPEG SHANNON
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Gary BernerGARY BERNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Jim KotschwarJIM KOTSCHWAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Joe MosolinoJOE MOSOLINO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Beth MunnsBETH MUNNS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Jim SlowikJIM SLOWIK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Ken EelkemaKEN EELKEMA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Kyle RenningerKYLE RENNINGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Jim PalmerJIM PALMER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Renee HanksRENEE HANKS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Rhonda SevernsRHONDA SEVERNS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Dawn ShumateDAWN SHUMATE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Lyn BankowskiLYN BANKOWSKI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Jan HughesJAN HUGHES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
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
-
GENERAL OPERATIONS
-
$22,500
GENERAL OPERATIONS
-
$21,900
GENERAL OPERATIONS
-
$17,000
GENERAL OPERATIONS
-
BOYS AND GIRLS CLUB OAK HARBOR
$15,000
GENERAL OPERATIONS
-
OAK HARBOR SENIOR CENTER
$14,400
GENERAL OPERATIONS
-
$12,000
GENERAL OPERATIONS
-
$12,000
GENERAL OPERATIONS
-
$7,500
GENERAL OPERATIONS
-
SPIN CAFE
$5,000
GENERAL OPERATIONS
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333199349326433
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.