Twigs Thriftree Inc
- Assets
- $166.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Kisco, NY
- Founding
- 01/1975
- Data as of
- 04/2022
- EIN
- 13-6165452
Organization Overview
Twigs Thriftree Inc is located in Mount Kisco, NY. The organization was established in 1975. 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. Twigs Thriftree 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 04/2022, Twigs Thriftree Inc generated $112.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $79.2k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 7 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
THE ORGANIZATION IS A THRIFT SHOP WHICH RECEIVES USED CLOTHING, HOUSEHOLD AND PERSONAL GOODS WHICH ARE THEN RESOLD TO THE GENERAL PUBLIC. THE NET FUNDS GENERATED ARE DONATED TO THE NORTHERN WESTCHESTER HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Coffino President | 5 | $0 | |
Margaret Marcogliese Corresponding Secretary | 2 | $0 | |
Tracey Hynes Treasurer | 5 | $0 | |
Rachel Sama Recording Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,120 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,065 |
| Total Revenue | $112,758 |
| 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 | $1,050 |
| Occupancy, rent, utilities, and maintenance | $18,876 |
| Printing, publications, postage, and shipping | $941 |
| Other expenses | $9,235 |
| Total expenses | $79,191 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,834 |
| Other assets | $0 |
| Total assets | $166,572 |
| Total liabilities | $1,466 |
| Net assets or fund balances | $165,106 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Stuff Thrift Inc Doylestown, PA | $2,101,495 | $5,010,177 |
Care & Share Shoppes Inc Souderton, PA | $2,058,352 | $4,451,061 |
Ephrata Re-Uzit Stores Ephrata, PA | $6,311,109 | $3,655,215 |
Wellspring Inc Hull, MA | $3,076,333 | $2,143,691 |
Philadelphia Aids Thrift Philadelphia, PA | $1,958,783 | $1,805,972 |
Housing Works Used Book Cafe Inc Brooklyn, NY | $1,257,687 | $417,079 |
The Re Uzit Shop Of New Holland Inc New Holland, PA | $2,326,308 | $1,999,699 |
Second Harvest Pittsburgh, PA | $2,255,923 | $1,056,988 |
Leeward Charitable Foundation Inc Salisbury, MA | $1,114,900 | $1,587,888 |
Waste-Not-Want-Not Inc New York, NY | $85,775 | $905,044 |
Vintage Thrift Shop Corporation New York, NY | $949,773 | $1,175,007 |
Hospital Thrift Shop Nantucket, MA | $873,056 | $917,813 |