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Nonprofiteer
← GUARDIAN ANGEL THRIFT

Form 990 for tax year 2023

Filed by GUARDIAN ANGEL THRIFT.

Totals

Total revenue
$2,388,139
Total expenses
$2,440,398
Contributions and grants received
$2,275,337
Grants paid
$0
Program service revenue
$0
Investment income
$54,989
Other revenue
$57,813
Total assets, end of year
$1,439,797
Total liabilities, end of year
$20,610
Net assets or fund balances, end of year
$1,419,187
Program services expenses (Part IX)
$2,439,651
Management and general expenses
$0
Fundraising expenses
$747
Program service expenses (Part III)
$2,439,651

Program services were 100.0% 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

    $2,275,337

  • 1g · Noncash contributions included above

    $2,223,196

  • 3 · Investment income

    total $49,299 · related or exempt $49,299

  • 7a · Gross sales of assets other than inventory

    other assets $11,000

  • 7b · Less cost or other basis and sales expenses

    other assets $5,310

  • 7c · Gain or loss

    other assets $5,690

  • 7d · Net gain or loss

    total $5,690 · related or exempt $5,690

  • 8a · Fundraising events: gross income

    $19,000

  • 8b · Fundraising events: direct expenses

    $11,524

  • 8c · Net income from fundraising events

    total $7,476 · excluded $5,811

  • 10a · Gross sales of inventory

    $2,336,052

  • 10b · Cost of goods sold

    $2,285,715

  • 10c · Net income from sales of inventory

    total $50,337 · excluded $50,337

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $173,401 · program services $173,401

  • 7 · Other salaries and wages

    total $1,077,712 · program services $1,077,712

  • 10 · Payroll taxes

    total $95,496 · program services $95,496

  • 11c · Fees: accounting

    total $30,000 · program services $30,000

  • 11g · Fees: other

    total $67,121 · program services $67,121

  • 12 · Advertising and promotion

    total $14,659 · program services $14,659

  • 13 · Office expenses

    total $32,033 · program services $32,033

  • 14 · Information technology

    total $19,675 · program services $19,675

  • 16 · Occupancy

    total $794,164 · program services $794,164

  • 19 · Conferences, conventions and meetings

    total $7,011 · program services $6,264 · fundraising $747

  • 22 · Depreciation, depletion and amortization

    total $11,091 · program services $11,091

  • 23 · Insurance

    total $27,642 · program services $27,642

  • 24a · Other expenses: CHARITABLE

    total $81,850 · program services $81,850

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $5,053 · program services $5,053

  • 24c · Other expenses: AUTO EXPENSE

    total $3,490 · program services $3,490

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $331,764 · end of year $298,973

  • 2 · Savings and temporary cash investments

    beginning of year $570,345 · end of year $600,656

  • 8 · Inventories for sale or use

    beginning of year $506,834 · end of year $444,732

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

    $441,804

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

    $346,368

  • 10c · Land, buildings and equipment, net

    beginning of year $98,583 · end of year $95,436

  • 24 · Unsecured notes and loans payable

    beginning of year $19,839 · end of year $3,579

  • 25 · Other liabilities

    beginning of year $16,241 · end of year $17,031

  • 27 · Net assets without donor restrictions

    beginning of year $1,471,446 · end of year $1,419,187

Mission and programs · 2023

Mission

SUPPORT ALZHEIMER'S RESEARCH AND TO PROVIDE JOBS TO SENIOR CITIZENS AND TO DISADVANTAGED PERSONS WHO NEED EMPLOYMENT.

  • SUPPORT ALZHEIMER'S RESEARCH AND PROVIDE JOBS TO SENIOR CITIZENS AND DISADVANTAGED PERSONS WHO NEED EMPLOYMENT.

    Expenses $2,439,651

As filed on the 2023 return.

Listed in Part VII

  • Marie Lynette Somers

    EXECUTIVE DI

    Total calculated
    $89,367
    From this org
    $89,367
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • John Mark Daniels

    OPERATIONS M

    Total calculated
    $66,011
    From this org
    $66,011
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Shari Stocks

    DIRECTOR

    Total calculated
    $18,023
    From this org
    $18,023
    From related orgs
    $0
    Other
    $0

  • Bernadette Burnette

    DIRECTOR

    Total calculated
    $0

  • Nelsa Cox

    CHAIR

    Total calculated
    $0

  • David L Gaddis

    DIRECTOR

    Total calculated
    $0

  • Paul Mulvey

    DIRECTOR

    Total calculated
    $0

  • Lisa Schreiner

    VICE CHAIR-S

    Total calculated
    $0

  • Genel Webb

    DIRECTOR

    Total calculated
    $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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
29 October 2024
IRS schema version
2023v5.0
Source object
202433179349304833

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