Fort Myer Thrift Shop
- Assets
- $107.5k
- Revenue
- $333.1k
- Investments
- $0.0
- Employees
- 7
- Location
- Ft Myer, VA
- Founding
- 08/2014
- Data as of
- 06/2023
- EIN
- 05-0589301
Organization Overview
Fort Myer Thrift Shop is located in Ft Myer, VA. The organization was established in 2014. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 06/2023, Fort Myer Thrift Shop employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Myer Thrift Shop is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Fort Myer Thrift Shop generated $333.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $319.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Fort Myer Thrift Shop has awarded 57 individual grants totaling $535,898. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE ARMY COVENANT AND PROVIDE ENHANCEMENTS TO THE QUALITY OF LIFE FOR OUR MILITARY PERSONNEL AND THEIR FAMILIES AND THE SURROUNDING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACHIEVEMENT AWARDS TO FT MYER STUDENTS
SCHOLARSHIPS GRANTS
COMMUNITY GRANTS TO SUPPORT FT MYER PROGRAMS
COMMUNITY GRANTS FOR THIRD ACHIEVEMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Bookkeeper | Officer | 40 | $21,285 |
Name Not Listed Acting Manag | Officer | 40 | $13,322 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $331,836 |
| Investment income | $62 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $333,083 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $76,000 |
| Grants and other assistance to domestic individuals. | $41,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $109,182 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,414 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $764 |
| Advertising and promotion | $666 |
| Office expenses | $16,357 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,380 |
| All other expenses | $63,018 |
| Total functional expenses | $319,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,458 |
| Savings and temporary cash investments | $30,027 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $107,485 |
| Accounts payable and accrued expenses | $8,962 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,962 |
| Net assets without donor restrictions | $98,523 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $107,485 |
Grants Awarded
Over the last fiscal year, Fort Myer Thrift Shop has awarded $36,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ARMY COMMUNITY SERVICE202 CUSTER RD | | | $7,500 |
FENWICK FOUNDATION | | | $10,000 |
VETERANS MOVING FORWARD SERVICE DOG44225 MERCURE CIRCLE | | | $10,000 |
JBMHH CYSS SCHOOL AGE CENTER102 CARPENTER RD | | | $9,000 |