Helping People Gods Way Thift Store
- Assets
- $28.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 19
- Location
- Germantown, TN
- Founding
- 07/2011
- Data as of
- 12/2019
- EIN
- 90-0699534
Organization Overview
Helping People Gods Way Thift Store is located in Germantown, TN. The organization was established in 2011. 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 12/2019, Helping People Gods Way Thift Store employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Helping People Gods Way Thift Store 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 12/2019, Helping People Gods Way Thift Store generated $116.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.1%) each year. All expenses for the organization totaled $117.2k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (23.3%) per year over the past 4 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION IS TO RAISE REVENUE IN ORDER TO PROVIDE FINANCIAL SUPPORT FOR CHRISTIAN MINISTRIES. THIS IS ACCOMPLISHED BY THE OPERATION OF A THRIFT STORE SELLING DONATED GOODS TO THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3
MIRACLE OF REDEMPTION CHURCH THEIR MISSION IS TO SPREAD THE GOSPEL OF JESUS CHRIST AND TO RUN A COMMUNITY OUTREACH CENTER IN THE INNER CITY OF MEMPHIS.
JESUS WEPT INTERNATIONAL MISSIONS. THEIR MISSION IS TO PREACH THE GOSPEL TO THE LOST. THEIR HOME CHURCH IS CROSSPOINTE BAPTIST CHURCH OF MILLINGTON, TN. THEY HAVE PRIMARILY MINISTERED IN MEXICO AND SEVERAL COUNTRIES IN NORTH AFRICA.
BINGHAMPTON COMMUNITY CHURCH. THEIR MISSION IS TO SPREAD THE GOSPEL FROM HOUSE TO HOUSE THROUGH PRAYER, LIFESTYLE EVANGELISM AND STREET EVANGELISM. TO ALSO ASSIST OR START THE OUTREACH PROGRAMS OF OTHER CHURCHES AND TO PLANT NEW CHURCHES IN THE INNER CITY OF MEMPHIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith M Choukalas President / Director | 16 | $9,390 | |
Carol W Choukalas Secretary / Treasurer / Director | 12 | $0 | |
Floyd M Wiggins Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,086 |
| 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 | $116,888 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,024 |
| Professional fees and other payments to independent contractors | $2,100 |
| Occupancy, rent, utilities, and maintenance | $24,742 |
| Printing, publications, postage, and shipping | $129 |
| Other expenses | $26,758 |
| Total expenses | $117,180 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,039 |
| Other assets | $0 |
| Total assets | $28,091 |
| Total liabilities | $464 |
| Net assets or fund balances | $27,627 |
Grants Awarded
Over the last fiscal year, Helping People Gods Way Thift Store has awarded $16,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JESUS WEPT INTERNATIONAL | | | $6,000 |
MIRACLE OF REDEMPTION CHURCH | | | $10,000 |