Lake County Missions Thrift Store Inc
- Assets
- $230.2k
- Revenue
- $541.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Eustis, FL
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 84-2401599
Organization Overview
Lake County Missions Thrift Store Inc is located in Eustis, FL. The organization was established in 2019. 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, Lake County Missions Thrift Store Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake County Missions Thrift 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 12/2022, Lake County Missions Thrift Store Inc generated $541.6k in total revenue. All expenses for the organization totaled $568.4k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ALLOW GOD TO SHINE THROUGH US AS WE PROVIDE FOOD, CLOTHING AND HOUSEHOLD ITEMS TO THOSE IN TEMPORARY CRISIS, THROUGH THE SALES OF DONATED ITEMS IN AN ATMOSPHERE OF PEACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAKE COUNTY MISSIONS THRIFT STORE DONATED $31,310 WORTH OF CLOTHING AND HOUSEHOLD GOODS TO 1,178 CLIENTS IN NEED AND DONATED $49,356 WORTH OF FOOD ITEMS TO 3,105 CLIENTS IN NEED DURING THE 2022 CALENDAR YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy Peters President | OfficerTrustee | 41 | $61,670 |
Wilbur Rilea Secretary | OfficerTrustee | 1 | $0 |
Larry Meeks Treasurer | OfficerTrustee | 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 | $531,606 |
| Noncash contributions included in lines 1a–1f | $522,236 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $531,606 |
| Total Program Service Revenue | $0 |
| Investment income | $195 |
| 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 | $9,798 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $541,599 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $80,666 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $61,670 |
| Compensation of current officers, directors, key employees. | $6,167 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $271,290 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,472 |
| 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 | $324 |
| Office expenses | $578 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,510 |
| 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 | $2,682 |
| Insurance | $2,273 |
| All other expenses | $47,529 |
| Total functional expenses | $568,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,506 |
| 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 | $60,220 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,023 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,467 |
| Total assets | $230,216 |
| 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 | $2,419 |
| Total liabilities | $2,419 |
| Net assets without donor restrictions | $0 |
| 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 | $227,797 |
| Total liabilities and net assets/fund balances | $230,216 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lake County Missions Thrift Store Inc has recieved totaling $90,720.
| Awarding Organization | Amount |
|---|---|
Second Harvest Food Bank Of Central Florida Inc Orlando, FL PURPOSE: TO DISTRIBUTE FOOD TO THE NEEDY | $90,720 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Union Mission Corporation Hcsr Atlanta, GA | $60,885,484 | $20,504,830 |
Atlanta Heights Charter School Inc Atlanta, GA | $3,131,172 | $9,104,979 |
Vapor Ministries Inc Sylacauga, AL | $7,649,507 | $9,129,570 |
Poverello Center Inc Wilton Manors, FL | $4,969,288 | $2,314,120 |
The Clothes Less Traveled Thrift Shop Inc Peachtree City, GA | $1,330,927 | $1,604,886 |
Hand Up Inc Calhoun, GA | $1,679,036 | $1,708,856 |
Asbury Thrift Store Inc Madison, AL | $2,796,336 | $1,602,848 |
North Brevard Charities Sharing Center Inc Titusville, FL | $3,289,174 | $967,626 |
Because He Lives Ministry Inc Hazlehurst, GA | $190,247 | $766,611 |
Society Of St Vincent De Paul Council Of Pensacola-Tallahassee Penacola, FL | $605,196 | $751,620 |
One Roof Ecumenical Allianceoutreach Incorporation Newnan, GA | $675,367 | $918,946 |
Faith Hope & Charity Recycle Store Inc Ellijay, GA | $1,617,842 | $865,630 |