William A Harrison Jr Foundation, operating under the name Furbish Thrift, is located in Richmond, VA. According to its NTEE Classification (D12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Animal-Related and related organizations. As of 07/2023, Furbish Thrift employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Furbish Thrift is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF FURBISH THRIFT IS TO SUPPORT AND AMPLIFY LOCAL NONPROFIT ANIMAL WELFARE ORGANIZATIONS IN ANY WAY WE CAN. THE PURPOSE OF THE RETAIL STORE IS TO CREATE A SUSTAINABLE REVENUE STREAM THROUGH SALES OF DONATED GOODS TO RELIABLY ASSIST THESE ORGANIZATIONS AND THOSE THEY SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FURBISH THRIFT OPERATES A RETAIL STORE THAT RECEIVES PUBLICLY DONATED ITEMS OF CLOTHING, HOUSEHOLD ITEMS, BOOKS AND FURNITURE. THESE ITEMS ARE THEN PREPARED FOR SALE TO THE PUBLIC AT THE THRIFT SHOP. REVENUE PRODUCED BY THE SALE OF GOODS IS USED TO A) COVER THE EXPENSES OF OPERATIONS OF THE STORE AND B)PROVIDE GRANTS TO LOCAL NONPROFITS THAT HAVE A MISSION TO SUPPORT ANIMAL WELFARE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Burkett Treasurer | OfficerTrustee | 20 | $0 |
Laura Cotterman Director | Trustee | 15 | $0 |
Lisa Cumbey Executive Di | OfficerTrustee | 23 | $0 |
Douglas D'urso Director | Trustee | 1 | $0 |
Michael Doherty Vice - Chair | Trustee | 20 | $0 |
William Harrison Jr Chair | OfficerTrustee | 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 | $498,401 |
Noncash contributions included in lines 1a–1f | $47,844 |
Total Revenue from Contributions, Gifts, Grants & Similar | $498,401 |
Total Program Service Revenue | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $503,080 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,000 |
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 | $110,880 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $7,881 |
Payroll taxes | $10,416 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,465 |
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 | $2,135 |
Advertising and promotion | $8,107 |
Office expenses | $200 |
Information technology | $3,815 |
Royalties | $0 |
Occupancy | $79,855 |
Travel | $3,341 |
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 | $10,341 |
Insurance | $2,292 |
All other expenses | $1,954 |
Total functional expenses | $262,603 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $116,265 |
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 | $47,844 |
Prepaid expenses and deferred charges | $1,260 |
Net Land, buildings, and equipment | $69,172 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,389 |
Total assets | $244,930 |
Accounts payable and accrued expenses | $5,572 |
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 | $5,572 |
Net assets without donor restrictions | $239,358 |
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 | $244,930 |