New2you A Green Store
- Assets
- $129.9k
- Revenue
- $342.9k
- Investments
- $0.0
- Employees
- 11
- Location
- Williamsburg, VA
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-4278970
Organization Overview
New2you A Green Store, operating under the name New2You Thrift Store & 3 Doors, is located in Williamsburg, VA. The organization was established in 2011. 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 12/2021, New2You Thrift Store & 3 Doors employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New2You Thrift Store & 3 Doors 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, New2You Thrift Store & 3 Doors generated $342.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $280.2k during the year ending 12/2021. While expenses have increased by 17.4% 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
OPERATE THRIFT STORE THAT PROVIDES CUSTOMERS WITH EXCEPTIONAL SERVICE AND JOB OPPORTUNITIES FOR THE COMMUNITY. FINANCIAL SUPPORT FOR WILLIAMSBURG CHRISTIAN ACADEMY, A 501(C)3 ORGANIZATION, AND OTHER COMMUNITY 501(C)3 ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE THRIFT STORE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne D Maggio President | OfficerTrustee | 15 | $26,870 |
Denise Carroll Treasurer | OfficerTrustee | 7 | $6,050 |
English Holland Member At Large | OfficerTrustee | 5 | $0 |
Andrea Gibson Secretary | OfficerTrustee | 5 | $0 |
Elena Flagg Vice President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $322,720 |
| Noncash contributions included in lines 1a–1f | $321,099 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $342,720 |
| Total Program Service Revenue | $0 |
| 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 | $131 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $342,851 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,649 |
| 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. | $32,920 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $106,796 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,689 |
| 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 | $5,965 |
| Advertising and promotion | $1,076 |
| Office expenses | $523 |
| Information technology | $3,444 |
| Royalties | $0 |
| Occupancy | $57,250 |
| Travel | $1,877 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $197 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $674 |
| Insurance | $4,714 |
| All other expenses | $470 |
| Total functional expenses | $280,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,597 |
| 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 | $1,832 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,517 |
| Total assets | $129,946 |
| Accounts payable and accrued expenses | $6,638 |
| 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 | $6,638 |
| Net assets without donor restrictions | $123,308 |
| 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 | $129,946 |
Grants Awarded
Over the last fiscal year, New2you A Green Store has awarded $32,899 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Williamsburg, VA PURPOSE: Christian Education | $25,000 |
Newport News, VA PURPOSE: Unplanned Pregnancy Services | $7,899 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memphis Goodwill Inc Memphis, TN | $14,007,332 | $45,591,658 |
Hgi Stores And Services Inc Hagerstown, MD | $292,936 | $9,218,264 |
Notre Dame Volunteer Corporation Baltimore, MD | $6,449,561 | $5,367,292 |
Ten Up Ministries Thrift Store Scott Depot, WV | $2,455,437 | $3,085,165 |
Lexington Rescue Mission Inc Lexington, KY | $3,687,691 | $2,773,150 |
Guardian Angel Thrift Fuquay Varina, NC | $1,635,752 | $2,673,935 |
Chatham Pta Thrift Shop Inc Siler City, NC | $1,001,947 | $1,744,375 |
Seeds Of Mustard Ministries Corporation Cary, NC | $918,004 | $1,738,508 |
American Home Furnishings Hall Of Fame Foundation Inc High Point, NC | $6,073,735 | $3,252,692 |
Stafford Emergency Relief Through Volunteer Efforts Of Stafford Coun Stafford, VA | $740,386 | $1,196,359 |
Closet Of The Greater Herndon Area Inc Herndon, VA | $1,886,516 | $1,181,973 |
We Care Community Services Inc Dayton, TN | $2,321,590 | $1,212,770 |