Blessing Box Resale Store Inc
- Assets
- $123.3k
- Revenue
- $287.7k
- Investments
- $0.0
- Employees
- 11
- Location
- Bells, TX
- Founding
- Data as of
- 12/2023
- EIN
- 81-2531811
Organization Overview
Blessing Box Resale Store Inc is located in Bells, TX. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. As of 12/2023, Blessing Box Resale Store Inc employed 11 individuals. Blessing Box Resale Store 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 12/2023, Blessing Box Resale Store Inc generated $287.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $269.9k during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 2 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE A THRIFT STORE THAT WAS ESTABLISHED TO HELP SUPPORT UNDERPRIVILEGED PEOPLE IN THE COMMUNITY. WE GIVE AWAY CLOTHING AND PERSONAL ITEMS TO ANYONE WHO REQUESTS ASSISTANCE. OUR GOAL IS TO ALSO SELL ITEMS AT VERLY LOW PRICES SO THAT MOST OF THE COMMUNITY MEMBERS CAN AFFORD TO BUY CLOTHING TOYS AND OTHER HOUSEHOLD ITEMS. THESE FUNDS KEEPS US OPERATIONAL. ANOTHER GOAL IS TO FULLY SUPPORT THE OPERATIONAL COSTS OF THE REFUGE OF HOPE TRANSFORMATION CENTER. THIS IS A CENTER FOR MEN RECOVERING FROM ADDICCTIONS. PRESENTLY WE CONTRIBUTE ENOUGH TO PAY FOR 1 2 THE COSTS OF THEIR OPERATIONS. OUR GOAL IS TO HAVE THE REVENUE TO FULLY FUND THE CENTER. ANOTHER REASON FOR THE FORMATION OF OUR CORPORATIONS WAS TO SUPPLY JOBS FOR OUR COMMUNITY. WE SUPPORT MANY OTHER ORGANIZATIONS FINANCIALLY AND WITH INKIND ITEMS: KYUKA MINISTRIES WOMEN'S CRISIS CENTER DENISON COMMUNITY SHELTER AND DENISON SOUP KITCHEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REFUGE OF HOPE TRANSFORMATION CENTER: A NON-PROFIT FACILITY THAT PROVIDES HOUSING AND COUNCELING FOR MEN WITH ADDICTIONS.
KYUKA MINISTRIES: A NON PROFIT ORGANIZATION IN UGANDA THAT GIVES FREE EDUCATION TO ELEMENTARY STUDENTS.
DENISON SOUP KITCHEN: A NON-PROFIT ORGANIZATIONS THAT PROVIDES FOOD TO UNDERPRIVILEGED PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Freda Williams Secretary Treasurer | Officer | 32 | $1,850 |
Larry Goodwin President | Officer | 0 | $0 |
Rosana Goodwin Vice President | Officer | 0 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| 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 | $287,706 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $287,706 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $37,891 |
| Grants and other assistance to domestic individuals. | $17,853 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,850 |
| Compensation of current officers, directors, key employees. | $12,080 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $103,502 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,200 |
| Payroll taxes | $20,129 |
| 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 | $797 |
| Office expenses | $116 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,347 |
| Travel | $6,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $334 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,528 |
| All other expenses | $4,557 |
| Total functional expenses | $269,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,232 |
| 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 | $64,375 |
| 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 | $26,710 |
| Total assets | $123,317 |
| 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 | $123,317 |
| 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 | $123,317 |