Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
97 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
7 people listed on the 990; $5K paid to officers and key staff.
Jarrett Meek’s $5K as Executive Director is at the 0th percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Sells affordable goods, creates jobs, and reinvests profits to improve the community.
Questions for Adelante Thrift INC
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Providing amazing second-hand items at fantastic prices, job readiness training for employees and community members. Use funds to support sustainable community development in the kansas city, kansas neighborhoods.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $75K | $76K |
| Land, buildings, equipmentLn 10c | $28K | $34K |
| Total assetsLn 16 | $216K | $224K |
| LiabilitiesLn 26 | $15K | $15K |
| Net assetsLn 32 | $201K | $208K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $126K | $126K | ||
| Other salaries and wagesLn 7 | $515K | $467K | $48K | $0 |
| Other employee benefitsLn 9 | $9K | $6K | $3K | $0 |
| Payroll taxesLn 10 | $41K | $37K | $4K | $0 |
| Management feesLn 11a | $4K | $4K | $0 | $0 |
| Accounting feesLn 11c | $1K | $0 | $1K | $0 |
| Advertising and promotionLn 12 | $3K | $3K | $0 | $0 |
| Office expensesLn 13 | $2K | $2K | $931 | $0 |
| Information technologyLn 14 | $1K | $1K | $0 | $0 |
| OccupancyLn 16 | $183K | $176K | $7K | $0 |
| Depreciation, depletion and amortizationLn 22 | $16K | $16K | $0 | $0 |
| InsuranceLn 23 | $2K | $0 | $2K | $0 |
| Other expenses (24a–d)Ln 24 | $969K | $969K | $25 | $0 |
| All other expensesLn 24e | $40K | $39K | $307 | $0 |
| Total functional expensesLn 25 | $1.9M | $1.8M | $66K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $1.9M | $1.9M | $7K | $208K | 990 PDF |
| FY2023 | $1.7M | $1.7M | −$6K | $201K | 990 PDF |
| FY2022 | $1.6M | $1.7M | −$41K | $208K | 990 PDF |
| FY2021 | $1.5M | $1.5M | $84K | $248K | 990 PDF |
| FY2020 | $1.2M | $1.2M | −$44K | $164K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $1,919,453 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, 4 to look at
Part VIII · Statement of revenue $1,919,453 across 2 lines filed
Part IX · Statement of functional expenses $1,912,567 across 14 lines filed
Part X · Balance sheet $223,782 assets, 11 lines filed
Part XI · Reconciliation of net assets $208,309 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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