Thrift Angels
- Assets
- $69.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bowie, TX
- Founding
- 10/2016
- Data as of
- 12/2023
- EIN
- 38-3991971
Organization Overview
Thrift Angels is located in Bowie, TX. The organization was established in 2016. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thrift Angels 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 12/2023, Thrift Angels generated $165.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $132.9k during the year ending 12/2023. While expenses have increased by 3.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THRIFT STORE OPERATED TO SUPPORT NONPROFITS WITHIN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wm B Santo Chairman | 8 | $0 | |
Juliy Heath Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $254 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $165,673 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $68,329 |
| Professional fees and other payments to independent contractors | $4,393 |
| Occupancy, rent, utilities, and maintenance | $38,504 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,425 |
| Total expenses | $132,851 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,680 |
| Other assets | $0 |
| Total assets | $68,995 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,995 |