Care & Share Gift & Thrift Inc
- Assets
- $855.3k
- Revenue
- $840.8k
- Investments
- $0.0
- Employees
- 8
- Location
- Archbold, OH
- Founding
- 03/1988
- Data as of
- 06/2024
- EIN
- 34-1564531
Organization Overview
Care & Share Gift & Thrift Inc is located in Archbold, OH. The organization was established in 1988. 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 06/2024, Care & Share Gift & Thrift Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Care & Share Gift & Thrift 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 06/2024, Care & Share Gift & Thrift Inc generated $840.8k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $840.0k during the year ending 06/2024. While expenses have increased by 10.2% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AN OUTLET FOR SELF HELP CRAFTS, THEREBY ASSISTING THE NEEDY THROUGHOUT THE WORLD, RAISE FUNDS FOR THE MINISTRY OF MCC AND PROVIDE USED CLOTHING TO NEEDY PERSONS. DISBURSEMENTS/PROFITS TO OTHER 501(C)(3) ORGANIZATIONS (MCC).
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT MCC THROUGH THRIFT STORE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neal Beck President | OfficerTrustee | $0 | |
Jody Gerig Board Member | Trustee | $0 | |
Joe Huerta Board Member | Trustee | $0 | |
Tina Huerta Board Member | Trustee | $0 | |
Jeff Roth Vice Preside | OfficerTrustee | $0 | |
Stan Roth Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,061 |
| 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 | $11,061 |
| Total Program Service Revenue | $827,490 |
| Investment income | $39 |
| 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 | $840,836 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $371,325 |
| 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 | $173,148 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,969 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,594 |
| Office expenses | $5,130 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,147 |
| Travel | $1,750 |
| 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 | $21,282 |
| Insurance | $16,054 |
| All other expenses | $8,588 |
| Total functional expenses | $840,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,050 |
| 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 | $59,508 |
| Prepaid expenses and deferred charges | $11,658 |
| Net Land, buildings, and equipment | $636,120 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $855,336 |
| Accounts payable and accrued expenses | $37,843 |
| 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 | $27,573 |
| Total liabilities | $65,416 |
| Net assets without donor restrictions | $789,920 |
| 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 | $855,336 |
Grants Awarded
Over the last fiscal year, Care & Share Gift & Thrift Inc has awarded $371,325 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MENNONITE CENTRAL COMMITTEE | | | $365,000 |
MISC GRANTS | | | $6,325 |