Castle Thrift Store & Health Food Inc is located in Hanford, CA. The organization was established in 2015. 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, Castle Thrift Store & Health Food Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Castle Thrift Store & Health Food 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 12/2021, Castle Thrift Store & Health Food Inc generated $393.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $397.4k during the year ending 12/2021. While expenses have increased by 20.5% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RAISE FUNDS WHICH ARE DONATED TO SEVENTH DAY ADVENTIST SCHOOL IN ARMONA CALIFORNIA.
Describe the Organization's Program Activity:
RAISED AND DONATED $ 29,000.00 DURING 2015.RAISED AND DONATED $ 68,000.00 DURING 2016.RAISED AND DONATED $ 65,000.00 DURING 2017.RAISED AND DONATED $100,000.00 DURING 2018RAISED AND DONATED $ 40,000.00 DURING 2019.RAISED AND DONATED $150,000.00 DURING 2020RAISED AND DONATED $150,000.00 DURING 2021
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joyce Shobe President | Officer | 40 | $0 |
Steven A Wee Secretary | Officer | 0 | $0 |
James H Shobe CFO | Officer | 20 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,216 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,216 |
Total Program Service Revenue | $390,254 |
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 | $2,466 |
Miscellaneous Revenue | $0 |
Total Revenue | $393,936 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $150,000 |
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 | $150,978 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $13,026 |
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 | $0 |
Office expenses | $2,830 |
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 | $0 |
Insurance | $6,039 |
All other expenses | $13,263 |
Total functional expenses | $397,395 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,516 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,777 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $14,293 |
Accounts payable and accrued expenses | $122 |
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 | $6,967 |
Total liabilities | $7,089 |
Net assets without donor restrictions | $7,204 |
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 | $14,293 |
Organization Name | Assets | Revenue |
---|---|---|
Goodwill Industries Of Santa Barbara And Ventura Counties Oxnard, CA | $36,147,815 | $36,387,219 |
Sunshine Acres Boutique & Donation Center Inc Mesa, AZ | $1,532,398 | $4,929,389 |
Achievement House Inc San Luis Obispo, CA | $9,588,064 | $4,686,736 |
3 Way Thrift Store Inc Chino, CA | $3,968,931 | $4,164,171 |
Golden Goose Thrift Shop Tucson, AZ | $3,626,680 | $2,329,296 |
Tavern Guild Foundation Of San Francisco Inc San Francisco, CA | $1,608,294 | $2,133,218 |
Neighborhood Industries Fresno, CA | $1,638,421 | $2,277,011 |
Desert Thrift Shop Inc Mesa, AZ | $1,710,826 | $1,738,589 |
All Out Caring Inc Pomona, CA | $728,758 | $1,913,953 |
Council Of Mid-Willamette Valley Society Of St Vincent De Paul Salem, OR | $932,373 | $1,049,872 |
West Valley Lutheran Thrift Shop Inc Phoenix, AZ | $726,380 | $920,987 |
Bay Area Furniture Bank Sunnyvale, CA | $1,213,792 | $1,121,491 |