First West Thrift Store is located in West Monroe, LA. The organization was established in 2012. 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. First West Thrift Store 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 09/2021, First West Thrift Store generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $946.4k during the year ending 09/2021. While expenses have increased by 6.7% 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
TO PROVIDE THE COMMUNITY WITH A LOW COST PLACE TO SHOP FOR EVERYDAY NEEDS, SUCH AS CLOTHING, HOUSEHOLD GOODS & FURNITURE IN A LOVING CHRISTIAN ENVIRONMENT TO HELP PEOPLE WHO ARE IN DIFFICULT SITUATIONS START OVER AGAIN, PLACE FOR PEOPLE TO SERVE & PROVIDE A REPUTABLE OUTLET FOR NO LONGER NEEDED ITEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING COMMUNITY WITH A LOW COST PLACE TO SHOP FOR EVERYDAY NEEDS SUCH AS CLOTHES, HOUSEHOLD GOODS, AND FURNITURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Taylor Vice Chairman | OfficerTrustee | 0 | $0 |
Benji Buffington Chairman | OfficerTrustee | 0 | $0 |
Lisa Crawford Secretary | OfficerTrustee | 0 | $0 |
Deano Casola Director | Trustee | 0 | $0 |
Donnie Aultman Director | Trustee | 0 | $0 |
Stephanie Sikes Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,379 |
Investment income | $0 |
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 | $1,065,577 |
Statement of Expenses | |
---|---|
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 to disqualified persons | $0 |
Other salaries and wages | $340,437 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $84,202 |
Payroll taxes | $0 |
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 | $8,935 |
Office expenses | $0 |
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 | $12,475 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $946,412 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $155,770 |
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 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $656,028 |
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 | $159,971 |
Total liabilities | $159,971 |
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 |
Total liabilities and net assets/fund balances | $496,057 |
Over the last fiscal year, we have identified 1 grants that First West Thrift Store has recieved totaling $6.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6 |
Organization Name | Assets | Revenue |
---|---|---|
Particular Council Of St Vincent De Paul Of Baton Rouge Lousiana Baton Rouge, LA | $15,291,955 | $12,191,305 |
Katy Christian Ministries Katy, TX | $4,711,078 | $7,821,438 |
Grapevine Relief And Community Exchange Grapevine, TX | $9,467,180 | $5,097,356 |
St Vincent De Paul Thrift Store Of Dallas Dallas, TX | $3,458,892 | $2,819,695 |
Mission Central Metroplex Inc Hurst, TX | $299,139 | $1,574,476 |
St Vincent De Paul Store Of Houma Houma, LA | $517,170 | $1,203,370 |
First West Thrift Store West Monroe, LA | $656,028 | $1,065,577 |
Louise And Anne Thrift & Fleamarket Conway, AR | $997,150 | $686,243 |
Waller Assistance & Restoration Ministries Inc Waller, TX | $1,380,533 | $750,817 |
Thrive Ministries Inc Monroe, LA | $94,946 | $677,599 |
Kidlinks Dallas, TX | $506,747 | $732,247 |
The Samaritan Inn Thrift Store Inc Mckinney, TX | $0 | $475,841 |