Resale Heaven Inc
- Assets
- $279.5k
- Revenue
- $218.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Gulf Shores, AL
- Founding
- 08/2015
- Data as of
- 12/2022
- EIN
- 47-4573913
Organization Overview
Resale Heaven Inc is located in Gulf Shores, AL. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resale Heaven 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, Resale Heaven Inc generated $218.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $190.1k during the year ending 12/2022. While expenses have increased by 32.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RESALE HEAVEN, INC. RUNS A THRIFT STORE FOR THE GULF SHORES UNITED METHODIST CHURCH. THE STORE TAKES IN NON-CASH CHARITABLE CONTRIBUTIONS FROM THE PUBLIC AND PROVIDES LOW PRICED HOUSEHOLD AND CLOTHING ITEMS TO THE LOW-INCOME POPULATION OF GULF SHORES, ALABAMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STORE HAS PROVIDED LOW COST, AND IN SOME CASES FREE OF CHARGE, CLOTHING AND HOUSEHOLD ITEMS TO THE NEEDY IN OUR AREA. THE EXCESS FUNDS ARE USED TO FUND THE LOCAL CHRISTIAN SERVICE CENTER, ANOTHER 501C3 ORGANIZATION, AS WELL AS THE GULF SHORES UNITED METHODIST CHURCH.
THE STORE HAS PROVIDED LOW COST, AND IN SOME CASES FREE OF CHARGE, CLOTHING AND HOUSEHOLD ITEMS TO THE NEEDY IN OUR AREA. THE EXCESS FUNDS ARE USED TO FUND THE LOCAL CHRISTIAN SERVICE CENTER, ANOTHER 501C3 ORGANIZATION, AS WELL AS THE GULF SHORES UNITED METHODIST CHURCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Bauer President | OfficerTrustee | $0 | |
Sandy Barker Secretary | OfficerTrustee | $0 | |
Brooke Taylor Treasurer | OfficerTrustee | $0 | |
Ellen Morgan Store Manage | Trustee | $0 | |
Brenda Kaiser Board Member | Trustee | $0 | |
Sandy Williams Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,155 |
| 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 | $6,155 |
| Total Program Service Revenue | $211,080 |
| Investment income | $312 |
| 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 | $218,246 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $130,461 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $58 |
| Office expenses | $0 |
| 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 | $3,526 |
| Insurance | $1,378 |
| All other expenses | $3,394 |
| Total functional expenses | $190,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,212 |
| Savings and temporary cash investments | $106,634 |
| 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 | $18,605 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $279,451 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,294 |
| Total liabilities | $1,294 |
| Net assets without donor restrictions | $278,157 |
| 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 | $279,451 |
Grants Awarded
Over the last fiscal year, Resale Heaven Inc has awarded $114,961 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
GULF SHORES UNITED METHODIST CHURCH | | | $49,461 |
FAMILY PROMISE OF BALDWIN COUNTY | | | $14,500 |
MARY'S SHELTER | | | $14,500 |
THE LIGHTHOUSE | | | $14,500 |
CHRISTIAN SERVICE CENTER | | | $14,500 |
YOUTH REACH | | | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Resale Heaven Inc has recieved totaling $64.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $64 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memphis Goodwill Inc Memphis, TN | $14,007,332 | $45,591,658 |
Atlanta Union Mission Corporation Hcsr Atlanta, GA | $60,885,484 | $20,504,830 |
Atlanta Heights Charter School Inc Atlanta, GA | $3,131,172 | $9,104,979 |
Vapor Ministries Inc Sylacauga, AL | $7,649,507 | $9,129,570 |
Poverello Center Inc Wilton Manors, FL | $4,969,288 | $2,314,120 |
The Clothes Less Traveled Thrift Shop Inc Peachtree City, GA | $1,330,927 | $1,604,886 |
Hand Up Inc Calhoun, GA | $1,679,036 | $1,708,856 |
Asbury Thrift Store Inc Madison, AL | $2,796,336 | $1,602,848 |
North Brevard Charities Sharing Center Inc Titusville, FL | $3,289,174 | $967,626 |
We Care Community Services Inc Dayton, TN | $2,321,590 | $1,212,770 |
Good Neighbors Thrift Shop Inc Lenoir City, TN | $1,316,271 | $1,004,712 |
Because He Lives Ministry Inc Hazlehurst, GA | $190,247 | $766,611 |