Save & Share Thrift Shop is located in Cokato, MN. The organization was established in 2008. 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. Save & Share 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, Save & Share Thrift Shop generated $126.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $133.1k during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DURING THE YEAR, THE THRIFT STORE WAS ABLE TO GENERATE ENOUGH INCOME TO CONTRIBUTE OVER 100,000 TO VARIOUS ORGANIZATIONS FOR MINISTRY, BIBLE TRANSLATION, AND BIBLE DISTRIBUTION PROJECTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Harmala President | 25 | $0 | |
Jennifer Berthiaume Treasurer | 1 | $0 | |
Marie Wilson Board Member | 10 | $0 | |
Della Robertson Board Member | 10 | $0 | |
Jan Ostroot Board Member | 10 | $0 | |
Janice Severson Board Member | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,500 |
| Total Program Service Revenue | $115,461 |
| Membership dues | $0 |
| Investment income | $43 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $126,004 |
| 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 | $957 |
| Occupancy, rent, utilities, and maintenance | $21,088 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,776 |
| Total expenses | $133,140 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,029 |
| Other assets | $0 |
| Total assets | $3,956 |
| Total liabilities | $1,691 |
| Net assets or fund balances | $2,265 |