Outreach Thrift Shop Inc
- Assets
- $71.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 7
- Location
- Shepherdsville, KY
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 31-1558102
Organization Overview
Outreach Thrift Shop Inc is located in Shepherdsville, KY. The organization was established in 1998. 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, Outreach Thrift Shop Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Outreach 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 12/2022, Outreach Thrift Shop Inc generated $195.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $207.7k during the year ending 12/2022. While expenses have increased by 14.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SOLE ACTIVITY - SALE OF CLOTHES, TOYS & HOUSEHOLD ITEMS ALL OF WHICH WERE DONATED TO THE OUTREACH THRIFT SHOP, INC. BY THE PUBLIC. ITEMS SOLD TO THE COMMUNITY AT PRICES BASED ON OTHER THRIFT STORES. SOME ITEMS ARE DONATED TO NEEDY FAMILIES AS WELL AS MONEY TO ASSIST FAMILIES WITH UTILITIES AND HOUSEHOLD NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Colvin Vice President | 2 | $0 | |
Randy Poteet Vice President | 2 | $0 | |
Angie Curtsinger President | 28 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $194,313 |
| Total Revenue | $195,813 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $93,374 |
| Professional fees and other payments to independent contractors | $2,985 |
| Occupancy, rent, utilities, and maintenance | $21,957 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $70,136 |
| Total expenses | $207,728 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,212 |
| Other assets | $0 |
| Total assets | $71,751 |
| Total liabilities | $12,975 |
| Net assets or fund balances | $58,776 |