North Texas Charities
- Assets
- $508.4k
- Revenue
- $415.7k
- Investments
- $0.0
- Employees
- 8
- Location
- Roanoke, TX
- Founding
- 09/2005
- Data as of
- 12/2022
- EIN
- 20-2337863
Organization Overview
North Texas Charities is located in Roanoke, TX. The organization was established in 2005. 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 12/2022, North Texas Charities employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Texas Charities 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, North Texas Charities generated $415.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $321.9k during the year ending 12/2022. While expenses have increased by 14.1% per year over the past 2 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ACQUIRE DONATIONS OF CLOTHING, HOUSEHOLD ITEMS, ETC. AND SELL IN A RESALE ENVIRONMENT TO PROVIDE ASSISTANCE TO LOCAL ORGANIZATIONS THROUGH DONATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR RESALE SHOP SELLS AT A DISCOUNT DONATED ITEMS WITH THE REVENUE BEING USED TO SUPPORT A VARIETY OF 501(C)3 CHILDREN AND PET ORIENTED CHARITIES. VOLUNTEERS ACCEPT OR PICK UP DONATED ITEMS, CLEAN AND REPAIR THEM, AND PRICE THEM FOR RESALE INSIDE THE STORE. SOME DONATED ITEMS ARE GIVEN DIRECTLY TO THE NEEDY INCLUDING VERY NICE CLOTHING, SHOES THAT ARE AVAILABLE AT A LOW COST TO LOW INCOME FAMILIES.
MAJOR FINANCIAL DONATIONS WERE GIVEN TO THE FOLLOWING CHARITIES: K9 SOUL MATES 1,500.00UNFAULTED FELLOWSHIP 3,500.00SETOMA 1,000.00NEURO ASSOCIATION 500.00NEW TRANSITION 1,500.00FUMC 1,500.00ALLY'S WISH 1,000.00ALYSSA PHILLIPS 1,000.00DONATION HOUSE 1,000.00ROANOKE ELEMENTARY 1,000.00TOTAL 13,500.00
HUNDREDS OF BOXES AND SACKS OF HOUSEHOLD ITEMS, CLOTHING WERE GIVEN TO THE FOLLOWING: GOODWILL, NORTH TX BASSET HOUND RESCUE, N PARK BAPTIST CHURCH, ROANOKE FIRE DEPARTMENT, SPCA OF TEXAS, OPERATION KINDNESS, ROANOKE SENIOR CENTER, ROANOKE FOOD PANTRY, HUMANE SOCIETY OF NORTH TEXAS, MCFADDEN RANCH, VICTORY THERAPY CENTER, LAKEVIEW ELEMENTARY SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Stults Store Manager | Trustee | 40 | $61,038 |
Jarrett Armstrong Member | Trustee | 0 | $0 |
Linda Simmons Treasurer | Trustee | 0 | $0 |
Tina Vanderford Board Member | Trustee | 0 | $0 |
Travis Adams President | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $412,023 |
| Investment income | $973 |
| 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 | $415,698 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,500 |
| 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. | $61,038 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,912 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24 |
| Payroll taxes | $13,092 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,195 |
| Advertising and promotion | $325 |
| Office expenses | $334 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,447 |
| 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 | $5,687 |
| Insurance | $4,991 |
| All other expenses | $2,098 |
| Total functional expenses | $321,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $426,771 |
| 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 | $4,340 |
| Net Land, buildings, and equipment | $73,786 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,541 |
| Total assets | $508,438 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,714 |
| Total liabilities | $5,714 |
| Net assets without donor restrictions | $502,724 |
| 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 | $508,438 |