Lee County Pto Thrift Shop Inc is located in Sanford, NC. The organization was established in 1996. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. As of 06/2022, Lee County Pto Thrift Shop Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lee County Pto 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 06/2022, Lee County Pto Thrift Shop Inc generated $216.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $216.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 6 years. 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
TO HELP FUND LOCAL SCHOOL PTO PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE STORE RECEIVES DONATED ITEMS - PRIMARILY CLOTHING AND HOUSEHOLD ITEMS. ITEMS ARE THEN SOLD TO THE GENERAL PUBLIC WITH PROCEEDS DISTRIBUTED TO PARTICIPATING AREA PUBLIC SCHOOL PTO ORGANIZATIONS.
THE STORE RECEIVES DONATED ITEMS - PRIMARILY CLOTHES AND HOUSEHOLD ITEMS. ITEMS ARE THEN SOLD TO THE GENERAL PUBLIC WITH THE PROCEEDS DISTIBUTED TO PARTICIPATING AREA PUBLICE SCHOOL PTO ORGINIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kim Boggs Treasurer | OfficerTrustee | $0 | |
Stephen Roman President | OfficerTrustee | $0 | |
Lou Ann Lee Correspond S | OfficerTrustee | $0 | |
Amy Rosser Recording Se | OfficerTrustee | $0 | |
Sarah Slate Vice-Preside | OfficerTrustee | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
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 | $216,004 |
Miscellaneous Revenue | $0 |
Total Revenue | $216,004 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,345 |
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 | $122,856 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,850 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,525 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $200 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $40,200 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $646 |
Insurance | $1,206 |
All other expenses | $5,847 |
Total functional expenses | $216,004 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,751 |
Savings and temporary cash investments | $38,201 |
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 | $11,515 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $54,467 |
Accounts payable and accrued expenses | $2,625 |
Grants payable | $4,610 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $7,235 |
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 | $47,232 |
Total liabilities and net assets/fund balances | $54,467 |
Over the last fiscal year, Lee County Pto Thrift Shop Inc has awarded $36,839 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
DEEP RIVER PTO PURPOSE: HELP FUND OPERATIONS | $8,088 |
TRAMWAY PTO PURPOSE: HELP FUND OPERATIONS | $7,842 |
LEE SENIOR PURPOSE: HELP FUND OPERATIONS | $7,019 |
SOUTHERN LEE | | | $7,011 |
EAST LEE MIDDLE SCHOOL PTO PURPOSE: HELP FUND OPERATIONS | $6,879 |
Over the last fiscal year, we have identified 2 grants that Lee County Pto Thrift Shop Inc has recieved totaling $85.
Awarding Organization | Amount |
---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $80 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
National Congress Of Parents And Teachers Alexandria, VA | $19,792,839 | $11,821,028 |
Mariner Foundation Charlotte, NC | $22,191,927 | $1,793,742 |
Black Teacher Collaborative Incorporated Atlanta, GA | $5,760,388 | $5,597,948 |
Communityworx Carrboro, NC | $4,935,522 | $1,612,558 |
Family Impact Fund Charlotte, NC | $0 | $149,457 |
Independence High School Ptso Thompsons Station, TN | $458,068 | $848,792 |
Pta Georgia Congress Atlanta, GA | $843,053 | $514,941 |
Fitness Association Of Pto Alexandria, VA | $315,549 | $363,007 |
Ardrey Kell High School Athletic Booster Club Charlotte, NC | $160,091 | $468,362 |
W T Woodson Athletic Boosters Club Fairfax, VA | $402,375 | $484,544 |
Pta North Carolina Congress Of Parents And Teachers Inc Raleigh, NC | $392,313 | $236,472 |
Springdale Park Elementary School Parents And Teachers Organization Atlanta, GA | $337,491 | $331,825 |