Thrift Mart Of New Milford Inc
- Assets
- $153.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Milford, CT
- Founding
- 08/1991
- Data as of
- 12/2022
- EIN
- 06-1271395
Organization Overview
Thrift Mart Of New Milford Inc is located in New Milford, CT. The organization was established in 1991. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thrift Mart Of New Milford Inc 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 12/2022, Thrift Mart Of New Milford Inc generated $183.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $175.7k during the year ending 12/2022. While expenses have increased by 1.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Hyland 1st Vice Pres. | 7 | $0 | |
Mary Jane Burr 2nd Vice Pres. | 3 | $0 | |
Holly Meissner Secretary | 2 | $0 | |
Susan Metcalf President | 13 | $0 | |
Dennis Carter Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,430 |
| Total Program Service Revenue | $169,991 |
| Membership dues | $0 |
| Investment income | $1,995 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $192 |
| Other Revenue | $0 |
| Total Revenue | $183,608 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $565 |
| Occupancy, rent, utilities, and maintenance | $58,408 |
| Printing, publications, postage, and shipping | $372 |
| Other expenses | $6,583 |
| Total expenses | $175,672 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,910 |
| Other assets | $0 |
| Total assets | $153,643 |
| Total liabilities | $1,156 |
| Net assets or fund balances | $152,487 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Thrift Mart Of New Milford Inc has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
Ellen Knowles Harcourt Foundation Inc New Milford, CT PURPOSE: FACILITY IMPROVEMENT GRANT | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Lynn Senior Services Inc Lynn, MA | $20,073,242 | $40,529,728 |
Cradles To Crayons Inc Newton, MA | $31,992,503 | $35,925,476 |
College Auxiliary Services Inc Plattsburgh, NY | $10,944,939 | $10,630,760 |
Housing Works Thrift Shop Inc Brooklyn, NY | $24,908,354 | $9,982,501 |
Wellspring Inc Hull, MA | $3,076,333 | $2,143,691 |
Housing Works Used Book Cafe Inc Brooklyn, NY | $1,257,687 | $417,079 |
Leeward Charitable Foundation Inc Salisbury, MA | $1,114,900 | $1,587,888 |
Waste-Not-Want-Not Inc New York, NY | $85,775 | $905,044 |
Vintage Thrift Shop Corporation New York, NY | $949,773 | $1,175,007 |
Hospital Thrift Shop Nantucket, MA | $873,056 | $917,813 |
Ridgefield Thrift Shop Inc Ridgefield, CT | $812,308 | $908,350 |
Cure Thrift Inc New York, NY | $155,357 | $464,737 |