Thrifty Attic Inc
- Assets
- $3.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Landgrove, VT
- Founding
- 09/1981
- Data as of
- 12/2022
- EIN
- 03-0280339
Organization Overview
Thrifty Attic Inc is located in Landgrove, VT. The organization was established in 1981. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thrifty Attic Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Thrifty Attic Inc generated $62.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $63.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
SEE SCHED O FOR 2022 ACTIVITY.THRIFTY ATTIC, INC. COLLECTS USED CLOTHING AND SOME PERSONAL PROPERTY,SELLS THE DONATED PROPERTY & DISTRIBUTES 75.5% (IN 2019) OFTHE PROCEEDS TO COMMUNITY ORGANIZATIONS. CONT.@ SCHEDULE O, PG 2.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Licata Pres | 4 | $0 | |
Janet Phoenix Vice Pres | 8 | $0 | |
Cynthia Booth Sec'y | 4 | $0 | |
Mary Licata Treasurer | 8 | $0 | |
Sarah Perry Member | 4 | $0 | |
Jen Wasyliko Member | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,584 |
| 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 | $62,584 |
| 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 | $244 |
| Occupancy, rent, utilities, and maintenance | $16,894 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,231 |
| Total expenses | $63,869 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,737 |
| Other assets | $0 |
| Total assets | $3,737 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,737 |