Worlds Attic Thrift Shop Inc is located in Sarasota, FL. The organization was established in 2007. 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. Worlds Attic Thrift Shop 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, Worlds Attic Thrift Shop Inc generated $707.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $553.2k during the year ending 12/2022. While expenses have increased by 12.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RAISE FUNDS THROUGH SALES OF ITEMS CONTRIBUTED AND FUNDS SOLICITED FROM GENERAL PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE WERE ABLE TO REACH A VARIETY OF INDIVIDUALS WITH EMPLOYMENT OPPORTUNITIES, INCLUDING TEENAGERS NEEDING COMMUNITY SERVICE HOURS, AND PERSONS WORKING OFF COURT ORDERED COMMUNITY SERVICE. WE DID THIS WHILE KEEPING A SAFE WORK ENVIRONMENT DURING COVID.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maartan Bos Chairman | Officer | 0 | $0 |
Justin Yoder Vice-Chairman | Officer | 0 | $0 |
Cstephen Wicker Treasurer | Officer | 0 | $0 |
Jennifer Mullet Secretary | Officer | 0 | $0 |
Rachel Ferguson Director 1 | Trustee | 0 | $0 |
Paul Miller Director 2 | Trustee | 0 | $0 |
| 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 | $5,023 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,023 |
| Total Program Service Revenue | $702,409 |
| 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 | $707,432 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $178,013 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $203,056 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,509 |
| Payroll taxes | $15,608 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $525 |
| 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 | $5,245 |
| Office expenses | $30,625 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,251 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,027 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,539 |
| Insurance | $11,975 |
| All other expenses | $0 |
| Total functional expenses | $553,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,508 |
| Savings and temporary cash investments | $100,135 |
| 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 | $1,355,187 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,532,830 |
| Accounts payable and accrued expenses | $10,148 |
| 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 | $208,741 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $218,889 |
| 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 | $1,313,941 |
| Total liabilities and net assets/fund balances | $1,532,830 |
Over the last fiscal year, Worlds Attic Thrift Shop Inc has awarded $47,745 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
MANASOTA SOLVE INC PURPOSE: PREGNANCY SUPPORT HOMESPREGNANCY SUPPORT HOMESPREGNANCY SUPPORT HOMES | $811 |
HOSPITAL ALBERT SCHWEITZER PURPOSE: HAITI RELIEF | $50 |
MENNONITE CENTRAL COM PURPOSE: WORLD RELIEF | $40,000 |
RADIO TRAINING NETWORK DBA THE JOY FM PURPOSE: CHRISTIAN RADIO STATION | $1,100 |
GATOR WILDERNESS CAMP PURPOSE: HOME FOR TROUBLED BOYS | $1,533 |
MOTHERS HELPING MOTHERS PURPOSE: SUPPORT FOR MOTHERS IN NEED | $2,000 |