The Bragg N Barn Thrift Shop
- Assets
- $151.3k
- Revenue
- $365.3k
- Investments
- $0.0
- Employees
- 23
- Location
- Fort Bragg, NC
- Founding
- 04/1979
- Data as of
- 12/2022
- EIN
- 56-0709189
Organization Overview
The Bragg N Barn Thrift Shop is located in Fort Bragg, NC. The organization was established in 1979. 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 12/2022, Bragg N Barn Thrift Shop employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bragg N Barn Thrift Shop is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Bragg N Barn Thrift Shop generated $365.3k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $365.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 4 years. 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
SERVE THE FORT BRAGG AREA BY PROVIDING A MEANS OF EXCHANGE BY AUTHORIZED MILITARY ID CARDHOLDERS OF USED CLOTHING AND MERCHANDISE, AND THROUGH FUNDS GENERATED, DISTRIBUTE MONETARY AID TO WORTHY CAUSES THAT DIRECTLY BENEFIT THE INSTALLATION COMMUNITY AND DIRECTLY IMPACT THE WELFARE OF OUR TROOPS AND/OR THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVE THE FORT BRAGG AREA BY PROVIDING A MEANS OF EXCHANGE BY AUTHORIZED MILITARY ID CARDHOLDERS OF USED CLOTHING AND MERCHANDISE.
DONATIONS TO WORTHY CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL, AND WELFARE ACTIVITIES.
DONATIONS TO WORTHY CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL, AND WELFARE ACTIVITIES.
PROVIDE SCHOLARSHIPS TO CHILDREN OF MILITARY FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lahela Arroyo Treasurer | OfficerTrustee | $0 | |
Irene Bantsolas General Memb | Trustee | $0 | |
Clari Brooks Publicity | OfficerTrustee | $0 | |
Cyndi Brunson President | Trustee | $0 | |
Ann Childress Special Acti | Trustee | $0 | |
Taylor Garces Bnb Manager | OfficerTrustee | $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 | $229,992 |
| Noncash contributions included in lines 1a–1f | $229,992 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $229,992 |
| Total Program Service Revenue | $135,345 |
| Investment income | $10 |
| 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 | $365,347 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,724 |
| Grants and other assistance to domestic individuals. | $10,000 |
| 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 | $170,222 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,749 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,680 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,044 |
| Advertising and promotion | $429 |
| Office expenses | $4,797 |
| 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 | $3,329 |
| Insurance | $6,191 |
| All other expenses | $749 |
| Total functional expenses | $365,708 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,979 |
| Savings and temporary cash investments | $30,000 |
| 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 | $35,315 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $151,294 |
| Accounts payable and accrued expenses | $38 |
| 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 | $7,949 |
| Total liabilities | $7,987 |
| Net assets without donor restrictions | $143,307 |
| 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 | $151,294 |