philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Reclaimed Resale INC

Tax-deductible

Metamora, IL501(c)(3)Human ServicesEIN 46-5628708Revenue $493K in FY2024

On file with the IRSPo Box 731, 61548-0731 · Metamora, ILTax-exempt since Jul 2014Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Operation of a thrift store with net profits being donated to various students, families and charities in need.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Run by 20 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $48K a year · 12% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 5.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$493K
+7% vs prior year
Spent
$464K
To programs
88%
Net assets
$678K
By yearFY2020–FY2024
Revenue
$493K
FY2024▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$294K
FY2021$383K
FY2022$425K
FY2023$460K
FY2024$493K
Expenses
$464K
FY2024▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$256K
FY2021$334K
FY2022$363K
FY2023$398K
FY2024$464K
Net assets
$678K
FY2024▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$477K
FY2021$526K
FY2022$587K
FY2023$649K
FY2024$678K

From the FY2024 Form 990 · see the original

990 PDF Claim

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

88 cents of each dollar spent went to programs.

Program services 88% · $410K Management & general 11% · $49K Fundraising 1% · $5K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
Bryan Argo
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Marty Payne
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Kelly Neal
Director
$0Pt VII · Sec A
Frank Gutwein
President
$0Pt VII · Sec A
Keith Swartzentruber
Vice-President
$0Pt VII · Sec A
Richard S Winkler
Secretarytreasurer
$0Pt VII · Sec A
See Reclaimed Resale INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Operates a thrift store, donating profits to students, families, and charities.

Questions for Reclaimed Resale INC

Tap to ask. Reclaimed Resale INC sees how many people are interested.

Your first name shows with your question. Reclaimed Resale INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $410K · in their own filed words · FY2024
01

Operation of thrift store resulting in DONATIONS/GRANTS to various students, families, and charities.

$398Kprogram expense
02

Partnering with Youth for Christ

Heart of il (a 501c3 org) to provide a place where students connect with compassionate adults who can help them grow academically, relationally, emotionally, and spiritually. Reclaimed resale owns the building, youth for christ operates weekly programs.

$12Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2020
Metamora Community FoundationFY2020$8K
Total grants receivedfrom 1 funder$8K
Grants paid · 58 grants · $954K · 2020–2024
Youth for Christ - Peoria AreaIL · FY2024$60,000
Synder VillageIL · FY2024$39,000
St Marys Catholic ChurchFY2024$24,000
Mths Educational FundFY2024$14,000
Germantown Hills Grade School FoundFY2024$14,000
Riverview Community CsdFY2024$14,000
Metamora Grade School Foundation for Educational ExcellenceIL · FY2024$14,000
Open Arms Food PantryFY2024$14,000
Spring Bay Food PantryIL · FY2024$14,000
Great Oaks Community ChurchIL · FY2024$13,000
HeartlinehearthouseIL · FY2024$12,000
Woodford County Special EducationFY2024$10,000
Metamora Park FoundationIL · FY2024$6,000
Christian Union ChurchFY2024$6,000
Youth for Christ - Peoria AreaIL · FY2023$66,000
Metamora Area Weekend SnackpacIL · FY2023$19,500
Great Oaks Community ChurchIL · FY2023$13,500
Mths Educational FundFY2023$13,000
See all 58 grants →

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$493K
Ln 12
Fees for servicesLn 2g$459K
Gifts and grantsLn 1h$27K
Other incomeLn 4–11$7K
Money outPt IX
$464K
Ln 25
Programscol B$410K
Managementcol C$49K
Fundraisingcol D$5K
Owns and owesPt X
$678K
net assets · Ln 32
Cash and savingsLn 1–2$209K
Total assetsLn 16$678K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$27K
Fees for servicesLn 2g$459K
Investment incomeLn 3$102
Other incomeLn 4–11$7K
Total revenueLn 12$493K
Assets in detailPt X, end of year
CashLn 1$76K
SavingsLn 2$133K
Cash and savings togetherLn 1–2$209K
Land, buildings, equipmentLn 10c$469K
Total assetsLn 16$678K
LiabilitiesLn 26$0
Net assetsLn 32$678K
OperationsPt I, VI
EmployeesI 55
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$209K$209K
Land, buildings, equipmentLn 10c$476K$469K
Total assetsLn 16$685K$678K
LiabilitiesLn 26$35K$0
Net assetsLn 32$649K$678K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$271K$271K
Pay of disqualified personsLn 6$84K$63K$17K$4K
Other salaries and wagesLn 7$9K$9K
Other employee benefitsLn 9$2K$1K$299$75
Payroll taxesLn 10$7K$5K$1K$319
Accounting feesLn 11c$14K$14K
Office expensesLn 13$17K$1K$16K
OccupancyLn 16$38K$38K
InterestLn 20$735$735
Depreciation, depletion and amortizationLn 22$18K$17K$282
InsuranceLn 23$4K$4K$221
Other expenses (24a–d)Ln 24$478$478
Total functional expensesLn 25$464K$410K$49K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $493K$464K$28K$678K 990 PDF
FY2023 $460K$398K$63K$649K 990 PDF
FY2022 $425K$363K$61K$587K 990 PDF
FY2021 $383K$334K$49K$526K 990 PDF
FY2020 $294K$256K$37K$477K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $492,531 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $28,930$27,150
I-9 Program service revenuePrior year $425,727$458,551
I-10 Investment incomePrior year $97$102
I-11 Other revenuePrior year $5,485$6,728
I-12 Total revenuePrior year $460,239$492,531
I-13 Grants and similar amounts paidPrior year $234,000$271,200
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $93,241$100,888
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $70,451$91,972
I-18 Total expensesPrior year $397,692$464,060
I-19 Revenue less expensesPrior year $62,547$28,471
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $492,531 across 7 lines filed
VIII-1f All other contributions, gifts and grants$27,150
VIII-1h Total contributions, gifts and grants$27,150
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $458,551$458,551
VIII-3 Investment incomeExcluded from tax $102$102
VIII-6 Net rental income or lossExcluded from tax $6,728$6,728
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $458,551 · Unrelated business $0 · Excluded from tax $6,830$492,531
Part IX · Statement of functional expenses $464,060 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $271,200$271,200
IX-6 Pay of disqualified personsPrograms $62,636 · Management $16,703 · Fundraising $4,176$83,515
IX-7 Other salaries and wagesPrograms $8,670$8,670
IX-9 Other employee benefitsPrograms $1,277 · Management $299 · Fundraising $75$1,651
IX-10 Payroll taxesPrograms $5,455 · Management $1,278 · Fundraising $319$7,052
IX-11c Accounting feesManagement $13,750$13,750
IX-13 Office expensesPrograms $1,258 · Management $16,042$17,300
IX-16 OccupancyPrograms $37,705$37,705
IX-20 InterestManagement $735$735
IX-22 Depreciation, depletion and amortizationPrograms $17,310 · Management $282$17,592
IX-23 InsurancePrograms $4,191 · Management $221$4,412
IX-24 Other expenses (24a–d)Programs $478$478
IX-25 Total functional expensesPrograms $410,180 · Management $49,310 · Fundraising $4,570$464,060
Part X · Balance sheet $677,875 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $78,225$76,292
X-2 Savings and temporary cash investmentsStart of year $130,879$132,883
X-10c Land, buildings and equipment, netStart of year $475,629$468,700
X-16 Total assetsStart of year $684,733$677,875
X-26 Total liabilitiesStart of year $35,329$0
X-27 Net assets without donor restrictionsStart of year $634,404$662,875
X-28 Net assets with donor restrictionsStart of year $15,000$15,000
X-32 Total net assets or fund balancesStart of year $649,404$677,875
X-33 Total liabilities and net assetsStart of year $684,733$677,875
Part XI · Reconciliation of net assets $677,875 net assets at year end
XI-1 Total revenue$492,531
XI-2 Total expenses$464,060
XI-3 Revenue less expenses$28,471
XI-4 Net assets at start of year$649,404
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$677,875

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.