Lils Thrift Shop
- Assets
- $26.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Lure, NC
- Founding
- Data as of
- 12/2023
- EIN
- 86-2252491
Organization Overview
Lils Thrift Shop is located in Lake Lure, NC. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lils Thrift Shop 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, Lils Thrift Shop generated $78.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $95.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED CLOSE TO 60000 JUST THIS YEAR TO AID IN OUR LOCAL HOPELESS ANIMAL POPULATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Jack Treasurer | 12 | $0 | |
Karen Donovan President | 6 | $0 | |
Betty Lowery Communication/ Social Media | 10 | $0 | |
Karin Solimnonson Store Manager | 10 | $0 | |
Beck Elder Volunteer Liason | 6 | $0 | |
Jamie Bardol Comptroller | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,070 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $17 |
| Gain or Loss | -$4,834 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,203 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,324 |
| Occupancy, rent, utilities, and maintenance | $16,369 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,843 |
| Total expenses | $95,536 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,950 |
| Other assets | $0 |
| Total assets | $25,950 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,950 |