Montgomery County Thrift Shop Association Inc
- Assets
- $0.0
- Revenue
- $5.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 05/1944
- Data as of
- 06/2021
- EIN
- 52-0735881
Organization Overview
Montgomery County Thrift Shop Association Inc is located in Bethesda, MD. The organization was established in 1944. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. Montgomery County Thrift Shop Association 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 06/2021, Montgomery County Thrift Shop Association Inc generated $5.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (50.7%) each year. All expenses for the organization totaled $139.0k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Montgomery County Thrift Shop Association Inc has awarded 35 individual grants totaling $771,700. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MONTGOMERY COUNTY THRIFT SHOP ASSOCIATION SUPPORTS CHARITABLE ORGANIZATIONS TO PROMOTE WELFARE IN MONTGOMERY COUNTY THROUGH AN ALLOCATION OF PROCEEDS FROM THE SALE, TO THE PUBLIC AT LARGE, OF DONATED PERSONAL PROPERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTED PROCEEDS TO FIVE MEMBER AGENCIES FOR THE PURPOSE OF PROVIDING HEALTH, WELFARE, AND EDUCATION SERVICES TO THE CITIZENS OF MONTGOMERY COUNTY, MD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janaan Cary President | OfficerTrustee | 17 | $0 |
Evelyn Mcfadden Vice President | OfficerTrustee | 3 | $0 |
Diane Fox Treasurer | OfficerTrustee | 7 | $0 |
Joan Alpert Recording Secretary | OfficerTrustee | 3 | $0 |
Kristi Gunster Corresponding Secretary | OfficerTrustee | 5 | $0 |
Virginia Hoffman Past President | OfficerTrustee | 3 | $0 |
Financial Statements
| 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 | $250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $5,720 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$865 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,105 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $106,700 |
| 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 | $5,202 |
| 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 | $175 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,207 |
| 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 | $272 |
| Insurance | -$1,129 |
| All other expenses | $208 |
| Total functional expenses | $138,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $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 | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Montgomery County Thrift Shop Association Inc has awarded $106,700 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
EVERY MIND INC PURPOSE: TO HELP EVERY MIND, INC. ACCOMPLISH ITS MISSION WHICH IS TO PROMOTE MENTAL WELLNESS AND SUPPORT THOSE WITH MENTAL ILLNESS BY SPONSORING AND IMPLEMENTING ADVOCACY, EDUCATION AND COMMUNITY SERVICE PROGRAMS | $21,340 |
PLANNED PARENTHOOD OF METROPOLITAN WASHINGTON DC INC PURPOSE: TO HELP PLANNED PARENTHOOD OF METROPOLITAN WASHINGTON, DC, INC ACCOMPLISH ITS MISSION, WHICH IS TO PROVIDE AFFORDABLE HEALTHCARE TO MEN, WOMEN, AND TEENS. ALSO TO PROVIDE FAMILLY PLANNING SERVICES AND HELP INDIVIDUALS MAKE REASONABLE CHOICES WHEN IT COMES TO SEXUALITY AND CHILDBEARING. | $21,340 |
NATIONAL COUNCIL OF JEWISH WOMEN MONTGOMERY COUNTY MD SECTION PURPOSE: TO HELP THE NATIONAL COUNCIL OF JEWISH WOMEN MONTGOMERY COUNTY MD SECTION IN FURTHERING WELFARE IN MONTGOMERY COUNTY. | $21,340 |
MONTGOMERY COUNTY FEDERATION OF WOMEN'S CLUBS PURPOSE: TO HELP MONTGOMERY COUNTY FEDERATION OF WOMEN'S CLUBS IN FURTHERING WELFARE IN MONTGOMERY COUNTY. | $21,340 |
SUBURBAN HOSPITAL FOUNDATION INC PURPOSE: TO HELP SUBURBAN HOSPITAL FOUNDATION FURTHER HEALTH, WELFARE, AND EDUCATION PROGRAMS IN MONTGOMERY COUNTY. | $21,340 |