Impact Thrift is located in Freedom, NH. The organization was established in 2016. 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. Impact Thrift 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 12/2018, Impact Thrift generated $31.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (44.6%) each year. All expenses for the organization totaled $25.2k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (47.8%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
THRIFT STORE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Giovanni Perfetto CEO | 75 | $7,192 | |
Janet Vincent Board Member | 1 | $0 | |
Ron Vincent Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $31,279 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $8,769 |
Professional fees and other payments to independent contractors | $4,508 |
Occupancy, rent, utilities, and maintenance | $11,940 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $25,217 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $6,062 |