Throw Back Thrift EIN 47-5376024

Throw Back Thrift FY2020 filing

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Sells donated goods to fund animal rescue, youth education, and global humanitarian aid. For fiscal year 2020 it reported $109K in revenue, $111K in expenses, and $37K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Willow Grove, PA
Website
throw-back-thrift.business.site
Filings
6 on file (2019–2020)
Revenue
$109KFY2020
Expenses
$111K
Net assets
$37K
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  47-5376024 Public charity (501(c)(3)) Willow Grove, PA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Sells donated goods to fund animal rescue, youth education, and global humanitarian aid.
Leadership
Jennifer Nicholaides · President · $27K
Money in and out
$109K revenue, $111K expenses
Bottom line
99% program efficiency
Where the money goes · FY2020
Total revenue
$109K
Pt VIII · Ln 12
Total expenses
$111K
Pt IX · Ln 25
Net assets
$37K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs
Operating runway
283.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$109K
FY2020▼ -18%
Expenses
$111K
FY2020▼ -6%
Total assets
$57K
FY2020▲ +3%
Total liabilities
$20K
FY2020▼ -3%
Total revenue
$109K
Pt VIII · Ln 12
Total expenses
$111K
Pt IX · Ln 25
Net assets
$37K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2K
Total assetsPt X · Ln 16$57K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $110K of program spending, described in the organization's own filed words · FY2020.
01

Distribute linens and financial resources to organizations that support animal rescue and adoption. Distribute linens and clothing to organizations providing shelter for the homeless or housing rehabilitation and clothing for low-income families. Distribute clothing, linens and other household items to other not-for-profit thrift shops.

$110Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThrow Back Thrift
EINHdr · item D47-5376024
Principal addressHdr · item CWillow Grove, PA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P29)
Ruling yearIRS BMFApr 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$27,168Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Jennifer Nicholaides’s $29K as President is at the 16th percentile of top reported officer pay among 2165 $100K–1M 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.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2020
Jennifer Nicholaides$28,900$27,168

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$109K
Total revenueLn 12$109K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$110K
Management & general1%$921
Total functional expensesLn 25$111K

Balance Sheet

Part X · end of year
CashLn 1$54K
Total assetsLn 16$57K
Total liabilitiesLn 26$20K
Total net assetsLn 32$37K
Months of cash on handcomputed5.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $54K · Operating expenses (Pt IX) $111K · Less non-cash grants $108K · Cash operating expenses/yr $2K
283.4 months
Where the money goes
Program services
Program services $110K · Total expenses $111K
99%
Management & General
Management & general $921 · Total expenses $111K
0.8%
Fundraising
Fundraising $0 · Total expenses $111K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $109K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $109K · Total revenue $109K
100%
Government reliance
Government grants — · Total revenue $109K
Earned-income share
Program service revenue $0 · Total revenue $109K
0%
Investment reliance
Investment income $0 · Total revenue $109K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $111K
0%
Growth & trend
Revenue growth (YoY)
This year $109K · Prior year $132K
-18%
Net-asset trend (YoY)
End of year $37K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $109K · Expenses $111K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $57K
Net-asset ratio
Net assets $37K · Total assets $57K
65%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $57K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jennifer Nicholaides · Reported title President · Highest reported compensation $27K · Total expenses $111K
25%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $57K · Total expenses $111K
51%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 0.8%
Fundraising cost ratio 0%
Revenue growth -18%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$135K revenue · ⤓ 990 PDF
FY2023$130K revenue · ⤓ 990 PDF
FY2022$144K revenue · ⤓ 990 PDF
FY2021$148K revenue · ⤓ 990 PDF
FY2020$109K revenue · viewing · ⤓ 990 PDF
FY2019$132K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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