Bargain Store

EIN 82-3091765 Public charity (501(c)(3)) Alliance, OH

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Size

$100K–1M

What they do

Sells donated household goods, giving all profits to support adults with intellectual challenges.

Leadership

Russell Zimmerman · Director/Sto · $47K

Money in and out

$586K revenue, $444K expenses

Bottom line

98% program efficiency

Sells donated household goods, giving all profits to support adults with intellectual challenges. For fiscal year 2024 it reported $586K in revenue, $444K in expenses, and $364K in net assets.Pt I

Where the money goes · FY2024

Total revenue

$586K

Pt VIII · Ln 12

Total expenses

$444K

Pt IX · Ln 25

Net assets

$364K

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): $142K

Where spending went · Part IX cols B–D

98%

Program services $0.98 Management & general $0.02

Program efficiency

98%

of spending reaches programs0% vs prior filing year

Operating runway

4.7mo

months of highly liquid reserves at operating expense rate▲ +27% vs prior filing year

Surplus margin

+24%

revenue over expenses, this year▼ -17% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990

Revenue

$586K

FY2024▲ +11%

Expenses

$444K

FY2024▲ +18%

Total assets

$489K

FY2024▲ +22%

Total liabilities

$125K

FY2024▼ -30%

Total revenue

$586K

Pt VIII · Ln 12

Total expenses

$444K

Pt IX · Ln 25

Net assets

$364K

Pt X · Ln 32

Revenue less expensesPt I · Ln 19$142K

Total assetsPt X · Ln 16$489K

Program-expense ratioPt IX · col B98%

Voting members of governing bodyPt I · Ln 35

Independent voting membersPt I · Ln 42

Mission & Programs · Part III

Where the work happens

1 program service account for $435K of program spending, described in the organization's own filed words · FY2024.

Operation of a thift store where net profits benefit a local mission called olive branch ministries, also a 501c3 organization.

$435Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CBargain Store

EINHdr · item D82-3091765

Principal addressHdr · item CAlliance, OH

WebsiteHdr · item Jthebargainstorethrift.com

Year of formationHdr · item Lpending

State of legal domicileHdr · item MOH

Exempt statusHdr · item I501(c)(3) · active

NTEE classificationIRS BMFHuman Services (P29)

Ruling yearIRS BMFNov 2017

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1a5

Independent voting membersPt VI · Ln 1b2

Conflict-of-interest policyPt VI · Ln 12aNo

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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation

Russell Zimmerman

Director/Sto

$46,989Pt VII · Sec A

Janelle Zimmerman

Board Member

$22,137Pt VII · Sec A

Wilma Overholt

Secretary/Tr

$7,411Pt VII · Sec A

Eli Weaver

Chairman

$0Pt VII · Sec A

Amanda Weaver

Board Member

$0Pt VII · Sec A

Russell Zimmerman’s $47K as Director/Sto is at the 35th 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 · 4 named individuals · Part VII

Name	FY2024	FY2023	FY2022	FY2021	FY2020
Russell Zimmerman	$46,989	$39,632	$40,752	—	—
Janelle Zimmerman	$22,137	$18,219	—	—	—
Wilma Overholt	$7,411	$7,608	$6,529	$10,035	$13,343
Eli Weaver	—	—	—	$535	$6,730

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

Program service revenue$574K · 98%

Contributions & grants$7K · 1%

Program service revenue98%$574K

Contributions & grants1%$7K

Investment income$3K

Other revenue$2K

Total revenueLn 12$586K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising

Allocation · columns B–D

98%

Program services $0.98 Management & general $0.02

Program services98%$435K

Management & general2%$9K

Total functional expensesLn 25$444K

Balance Sheet

Part X · end of year

CashLn 1$174K

Total assetsLn 16$489K

Total liabilitiesLn 26$125K

Total net assetsLn 32$364K

Months of cash on handcomputed4.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it

Liquidity & Payout

Operating runway

Highly liquid reserves $174K · Operating expenses/yr $444K

4.7 months

Where the money goes

Program services

Program services $435K · Total expenses $444K

98%

Management & General

Management & general $9K · Total expenses $444K

Fundraising

Fundraising $0 · Total expenses $444K

Cost to raise $1

Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $9K

Solicited contributions below reporting floor

Where the money comes from

Contribution dependence

Contributions & grants $7K · Total revenue $586K

Government reliance

Government grants — · Total revenue $586K

—

Earned-income share

Program service revenue $574K · Total revenue $586K

98%

Investment reliance

Investment income $3K · Total revenue $586K

Program self-sufficiency

Program service revenue $574K · Total expenses $444K

129%

Growth & trend

Revenue growth (YoY)

This year $586K · Prior year $530K

+11%

Revenue CAGR

FY2020 $201K · FY2024 $586K

+31%

Net-asset trend (YoY)

End of year $364K · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $586K · Expenses $444K

+24%

Liabilities-to-Assets

Total liabilities — · Total assets $489K

—

Net-asset ratio

Net assets $364K · Total assets $489K

74%

Marketable Investment Share

Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $489K

Excludes program-related investments (Pt X, ln 13)

People & payroll

Highest Reported Total Compensation

Individual Russell Zimmerman · Reported title DIRECTOR/STO · Highest reported compensation $47K · Total expenses $444K

11%

Personnel share

Salaries, benefits & payroll (Pt IX 5-10) $259K · Total expenses $444K

58%

Peer comparison

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

Metric	This org	Peer median	Percentile
Program ratio	98%	—	—
Overhead ratio	2%	—	—
Fundraising cost ratio	0%	—	—
Revenue growth	11%	—	—
Accounting fee ratio	0%	—	—

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 · 4 grants · $61K · 2021–2024

Olive Branch MinistriesFY2024$27,920

Olive Branch MinistriesFY2023$16,895

Olive Branch MinistriesFY2022$8,698

Olive Branch MinistriesFY2021$6,995

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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)$586K revenue · viewing · ⤓ 990 PDF

FY2023$530K revenue · ⤓ 990 PDF

FY2022$415K revenue · ⤓ 990 PDF

FY2021$279K revenue · ⤓ 990 PDF

FY2020$201K 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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