Worlds Attic Thrift Shop Inc
- Assets
- $1.5m
- Revenue
- $595.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 08/2007
- Data as of
- 12/2021
- EIN
- 06-1818157
Organization Overview
Worlds Attic Thrift Shop Inc is located in Sarasota, FL. The organization was established in 2007. 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. Worlds Attic Thrift Shop 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 12/2021, Worlds Attic Thrift Shop Inc generated $595.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $443.6k during the year ending 12/2021. While expenses have increased by 16.2% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RAISE FUNDS THROUGH SALES OF ITEMS CONTIBUTED AND FUNDS SOLICITED FROM GENERAL PUBLIC TO PROVIDE FUNDS TO BE DISTRIBUTED DOMESTICALLY AND WORLDWIDE FOR RELIEF PURPOSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALES OF CLOTHING, FURNITURE AND MISCELLANEOUS HOUSEHOLD ITEMS TO RAISE FUNDS TO BE DISTRIBUTED TO MEET THE RELIEF NEEDS OF PERSONS NATIONALLY AND WORLDWIDE.WE WERE ABLE TO REACH A VARITY OF INDIVIDUALS WITH EMPLOYMENT OPPORTUNITIES INCLUDING TEENAGERS NEEDING COMMUNITY SERVICE HOURS, AND PERSONS WORKING OFF COURT ORDERED COMMUNITY SERVICE. WE DID THIS WHILE KEEPING A SAFE WORK ENVIRONMENT DURING COVID.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Mullett Secretary | Officer | 0 | $0 |
Susan Grundy Treasurer | Officer | 0 | $0 |
Maartan Bos Chairman | Officer | 0 | $0 |
Rachel Ferguson Vice-Chairman | Officer | 0 | $0 |
Alvin Singleton Trustee Member | Trustee | 0 | $0 |
Justin Yoder Trustee Member | Trustee | 0 | $0 |
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 | $7,523 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,523 |
| Total Program Service Revenue | $587,550 |
| Investment income | $46 |
| 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 | $595,119 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,023 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $160,009 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,576 |
| Payroll taxes | $12,309 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,174 |
| Office expenses | $21,123 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,955 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21,225 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,264 |
| Insurance | $0 |
| All other expenses | $3,861 |
| Total functional expenses | $443,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,119 |
| Savings and temporary cash investments | $0 |
| 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 | $1,382,726 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,528,845 |
| Accounts payable and accrued expenses | $0 |
| 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 | $356,776 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,468 |
| Total liabilities | $363,244 |
| Net assets without donor restrictions | $0 |
| 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 | $1,165,601 |
| Total liabilities and net assets/fund balances | $1,528,845 |
Grants Awarded
Over the last fiscal year, Worlds Attic Thrift Shop Inc has awarded $47,745 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Akron, PA PURPOSE: WORLD RELIEF | $40,000 |
Sarasota, FL PURPOSE: SUPPORT FOR MOTHERS IN NEED | $2,000 |
Punta Gorda, FL PURPOSE: HOME FOR TROUBLED BOYS | $1,533 |
Sarasota, FL PURPOSE: HOMELESS OUTREACHHOMELESS OUTREACH | $1,255 |
Greenville, SC PURPOSE: CHRISTIAN RADIO STATION | $1,100 |
Sarasota, FL PURPOSE: SEXUAL TRAFFICING OUTREACHSEXUAL TRAFFICING OUTREACH | $996 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Union Mission Corporation Hcsr Atlanta, GA | $60,885,484 | $20,504,830 |
Atlanta Heights Charter School Inc Atlanta, GA | $3,131,172 | $9,104,979 |
Vapor Ministries Inc Sylacauga, AL | $7,649,507 | $9,129,570 |
Poverello Center Inc Wilton Manors, FL | $4,969,288 | $2,314,120 |
The Clothes Less Traveled Thrift Shop Inc Peachtree City, GA | $1,330,927 | $1,604,886 |
Hand Up Inc Calhoun, GA | $1,679,036 | $1,708,856 |
Asbury Thrift Store Inc Madison, AL | $2,796,336 | $1,602,848 |
North Brevard Charities Sharing Center Inc Titusville, FL | $3,289,174 | $967,626 |
Because He Lives Ministry Inc Hazlehurst, GA | $190,247 | $766,611 |
Society Of St Vincent De Paul Council Of Pensacola-Tallahassee Penacola, FL | $605,196 | $751,620 |
One Roof Ecumenical Allianceoutreach Incorporation Newnan, GA | $675,367 | $918,946 |
Faith Hope & Charity Recycle Store Inc Ellijay, GA | $1,617,842 | $865,630 |