Provisions Thrift Store Ministry
- Assets
- $116.5k
- Revenue
- $297.2k
- Investments
- $0.0
- Employees
- 26
- Location
- Partlow, VA
- Founding
- Data as of
- 12/2023
- EIN
- 83-3700667
Organization Overview
Provisions Thrift Store Ministry is located in Partlow, VA. As of 12/2023, Provisions Thrift Store Ministry employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Provisions Thrift Store Ministry 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, Provisions Thrift Store Ministry generated $297.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 53.0% each year . All expenses for the organization totaled $289.4k during the year ending 12/2023. While expenses have increased by 53.3% per year over the past 4 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
COMMUNITY CLOSET TO ASSIST THOSE IN NEED
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CLOTHING AND HOUSEHOLD ITEMS TO THE NEEDY
GRANTS TO INDIVIDUALS AND LOCAL CHARITIES TO ASSIST THE NEEDY IN THE FREDERICKSBURG AREA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Ware President | OfficerTrustee | 40 | $32,233 |
Donna Marshall Treasurer | OfficerTrustee | 15 | $6,006 |
Teresa Miller Secretary | OfficerTrustee | 2 | $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 | $389,401 |
| Noncash contributions included in lines 1a–1f | $366,376 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $389,401 |
| Total Program Service Revenue | $952 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,200 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$97,392 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $297,161 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,151 |
| Grants and other assistance to domestic individuals. | $23,622 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $38,239 |
| Compensation of current officers, directors, key employees. | $10,271 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,421 |
| Fees for services: Management | $1,600 |
| Fees for services: Legal | $100 |
| Fees for services: Accounting | $2,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,033 |
| Advertising and promotion | $1,251 |
| Office expenses | $16,558 |
| Information technology | $427 |
| Royalties | $0 |
| Occupancy | $105,734 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,359 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,383 |
| Insurance | $4,966 |
| All other expenses | $0 |
| Total functional expenses | $289,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,225 |
| 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 | $177 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $46,123 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $116,525 |
| Accounts payable and accrued expenses | $2,352 |
| 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 | $16,062 |
| Other liabilities | $0 |
| Total liabilities | $18,414 |
| Net assets without donor restrictions | $98,111 |
| 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 | $116,525 |
Grants Awarded
Over the last fiscal year, Provisions Thrift Store Ministry has awarded $22,751 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LIFEPOINT CHURCHLIFEPOINT CHURCH PURPOSE: FINANCIAL ASSISTANCE | $13,750 |
PAYPAL GIVING FUNDPAYPAL GIVING FUND PURPOSE: FINANCIAL ASSISTANCE | $9,001 |