Caring Heart Thrift Store Inc
- Assets
- $139.8k
- Revenue
- $376.9k
- Investments
- $0.0
- Employees
- 8
- Location
- Arab, AL
- Founding
- Data as of
- 12/2021
- EIN
- 85-4292016
Organization Overview
Caring Heart Thrift Store Inc is located in Arab, AL. 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 12/2021, Caring Heart Thrift Store Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caring Heart 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GOODS AND SERVICES TO THE NEEDY AND UNDERSERVED OF THE LOCAL COMMUNITY AND PROVIDE A SAFE ENVIRONMENT FOR EVENTS FOR THE YOUTH OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES A THRIFT STORE WHICH RECIEVES CONTRIBUTIONS FROM THE COMMUNITY AND RESALES THESE GOODS OR DONATES THESE GOODS TO QUALIFIED INDIVIDUALS OR ORGANIZATIONS.THE ORGANIZATION OPERATES A FOOD PANTRY TO PROVIDE MEALS TO THE NEEDY OF THE LOCAL COMMUNITY.THE ORGANIZATION PLANS AND COORDINATES EVENTS FOR THE LOCAL YOUTH IN ORDER TO PROVIDE A SAFE ENVIRONMENT AND POSITIVE INTERACTIONS WITH THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Felicia Jones President | Officer | 40 | $33,994 |
David Jones Vpscty | Officer | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $16,176 |
| 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 | $16,176 |
| Total Program Service Revenue | $360,700 |
| 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 | $376,876 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $52,871 |
| 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. | $33,994 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,860 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,092 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $434 |
| Fees for services: Accounting | $1,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,922 |
| Office expenses | $1,157 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,936 |
| 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 | $918 |
| Insurance | $1,166 |
| All other expenses | $1,491 |
| Total functional expenses | $240,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,166 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,599 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $139,765 |
| Accounts payable and accrued expenses | $3,642 |
| 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 | $3,642 |
| 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 | $136,123 |
| Total liabilities and net assets/fund balances | $139,765 |
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