Newton Et Cetera Shop INC EIN 48-0974708 Form 990 (PDF) Claim this org

Newton Et Cetera Shop INC

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Sells donated items to fund humanitarian aid and offers affordable recycled goods. For fiscal year 2024 it reported $717K in revenue, $674K in expenses, and $489K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Newton, KS
Website
newtonetceterashop.com
Filings
5 on file (2020–2024)
Revenue
$717KFY2024
Expenses
$674K
Net assets
$489K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  48-0974708 Public charity (501(c)(3)) Newton, KS
Form 990 (PDF)
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Size
$100K–1M
What they do
Sells donated items to fund humanitarian aid and offers affordable recycled goods.
Leadership
James Wilson · General Manager · $56K
Money in and out
$717K revenue, $674K expenses
Bottom line
85% program efficiency
Where the money goes · FY2024
Total revenue
$717K
Pt VIII · Ln 12
Total expenses
$674K
Pt IX · Ln 25
Net assets
$489K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $42K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.15
Program efficiency
85%
of spending reaches programs▲ +1% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▼ -7% vs prior filing year
Revenue trend
+8%
avg. annual growth over 5 years

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$717K
FY2024▲ +11%
Expenses
$674K
FY2024▲ +12%
Total assets
$494K
FY2024▲ +9%
Total liabilities
$5K
FY2024+0.4%
Total revenue
$717K
Pt VIII · Ln 12
Total expenses
$674K
Pt IX · Ln 25
Net assets
$489K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$42K
Total assetsPt X · Ln 16$494K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNewton Et Cetera Shop INC
EINHdr · item D48-0974708
Principal addressHdr · item CNewton, KS
WebsiteHdr · item Jnewtonetceterashop.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q31Z)
Ruling yearIRS BMFDec 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
General Manager
$56,000Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

James Wilson’s $56K as General Manager is at the 52nd percentile of top reported officer pay among 1637 $100K–1M international 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
James Wilson$56,000$34,904
Sara Dick$20,769$52,426$49,808$48,488

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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Mission & Programs · Part III

Where the work happens

1 program service account for $571K of program spending, described in the organization's own filed words · FY2024.
01

Provided affordable second-hand merchandise for the newton community and surrounding areas. Through these activities, $151,518 was raised for mennonite central committee for use in world relief and development programs.

$571Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$711K · 99%
Investment income$6K · 1%
Contributions & grants99%$711K
Investment income1%$6K
Total revenueLn 12$717K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$571K
Management & general15%$103K
Total functional expensesLn 25$674K

Balance Sheet

Part X · end of year
CashLn 1$357K
Total assetsLn 16$494K
Total liabilitiesLn 26$5K
Total net assetsLn 32$489K
Months of cash on handcomputed6.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $357K · Operating expenses (Pt IX) $674K · Less non-cash grants $709K · Cash operating expenses/yr $-34K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $571K · Total expenses $674K
85%
Management & General
Management & general $103K · Total expenses $674K
15%
Fundraising
Fundraising $0 · Total expenses $674K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $650K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $711K · Total revenue $717K
99%
Government reliance
Government grants — · Total revenue $717K
Earned-income share
Program service revenue $0 · Total revenue $717K
0%
Investment reliance
Investment income $6K · Total revenue $717K
+0.8%
Program self-sufficiency
Program service revenue $0 · Total expenses $674K
0%
Growth & trend
Revenue growth (YoY)
This year $717K · Prior year $645K
+11%
Revenue CAGR
FY2020 $531K · FY2024 $717K
+8%
Net-asset trend (YoY)
End of year $489K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $717K · Expenses $674K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $494K
Net-asset ratio
Net assets $489K · Total assets $494K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $494K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual James Wilson · Reported title GENERAL MANAGER · Highest reported compensation $56K · Total expenses $674K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $323K · Total expenses $674K
48%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 15%
Fundraising cost ratio 0%
Revenue growth 11%
Accounting fee ratio 2%

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.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $451K · 2020–2024

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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)$717K revenue · viewing · ⤓ 990 PDF
FY2023$645K revenue · ⤓ 990 PDF
FY2022$665K revenue · ⤓ 990 PDF
FY2021$615K revenue · ⤓ 990 PDF
FY2020$531K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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