Risen Thrift INC

Tax-deductible

Danville, OH501(c)(3)Human ServicesEIN 86-2447032

This page gets seen. Tell your story. Claim this org.

Support Christ centered addiction ministries through sale of secondhand goods.

501(c)(3) charity; gifts are tax-deductible.
33¢ of each $1 spent went to programs.
Run by 2 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $71K a year · 19% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
33%
of spending
Concern: 33% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$127K
to officers and key staff · 33% of spending
Top officer’s pay higher than 50% of similar orgs
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$75K
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$420K
+24% vs prior year
Spent
$386K
To programs
33%
Net assets
$169K
By yearFY2021–FY2025
Revenue
$420K
FY2025▲ +24%
Revenue by fiscal year
FY2021$89K
FY2022$162K
FY2023$198K
FY2024$338K
FY2025$420K
Expenses
$386K
FY2025▲ +69%
Expenses by fiscal year
FY2021Not on file
FY2022Not on file
FY2023Not on file
FY2024$229K
FY2025$386K
Net assets
$169K
FY2025▲ +25%
Net assets by fiscal year
FY2021$713
FY2022$23K
FY2023$27K
FY2024$136K
FY2025$169K

From the FY2025 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

33 cents of each dollar spent went to programs.

Program services 33% · $128K Management & general 67% · $258K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

5 people listed on the 990; $127K paid to officers and key staff.

Part VII, Section A · reportable compensation
$60,500Pt VII · Sec A
$60,500Pt VII · Sec A
Treasurer
$5,620Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Ronald E Wallace’s $60K as President is at the 50th percentile of top reported officer pay among 2168 $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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Ronald E Wallace$60,500$51,154$50,000$40,172$30,277
Ronald Wallace$60,500$51,154———
Jessica Rine$5,620————

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.

See Risen Thrift INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Sell donated items to fund faith-based addiction recovery programs.

Provided by the organization

This section is blank until Risen Thrift INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $128K of program spending, described in the organization's own filed words · FY2025.
01

Sale of secondhand goods to support Christ Centered Addiction Ministres.

$128Kprogram expense

Run this program? Claim this org to tell your story

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$420K
Ln 12
Fees for servicesLn 2g$420K
Money outPt IX
$386K
Ln 25
Programscol B$128K
Managementcol C$258K
Owns and owesPt X
$169K
net assets · Ln 32
Cash and savingsLn 1–2$107K
Total assetsLn 16$244K
LiabilitiesLn 26$75K
PeoplePt VI, VII
5
listed · VII A
PaidVII A3
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$420K
Total revenueLn 12$420K
Assets in detailPt X, end of year
CashLn 1$107K
Cash and savings togetherLn 1–2$107K
Land, buildings, equipmentLn 10c$137K
Total assetsLn 16$244K
LiabilitiesLn 26$75K
Net assetsLn 32$169K
OperationsPt I, VI
EmployeesI 58
VolunteersI 62
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 FY25End FY25
Cash and savingsLn 1–2$76K$107K
Land, buildings, equipmentLn 10c$140K$137K
Total assetsLn 16$216K$244K
LiabilitiesLn 26$80K$75K
Net assetsLn 32$136K$169K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$66K$33K$33K$0
Pay of disqualified personsLn 6$120K$60K$60K$0
Payroll taxesLn 10$15K$7K$7K$0
Accounting feesLn 11c$2K$0$2K$0
Advertising and promotionLn 12$8K$0$8K$0
InterestLn 20$6K$0$6K$0
Depreciation, depletion and amortizationLn 22$3K$0$3K$0
Other expenses (24a–d)Ln 24$30K$0$30K$0
All other expensesLn 24e$136K$28K$108K$0
Total functional expensesLn 25$386K$128K$258K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $420K$386K$33K$169K 990 PDF
FY2024 $338K$229K$109K$136K 990 PDF
FY2023 $198K$27K 990 PDF
FY2022 $162K$23K 990 PDF
FY2021 $89K$713 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $419,507 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$419,507
VIII-12 Total revenueRelated to mission $419,507 · Unrelated business $0 · Excluded from tax $0$419,507
Part IX · Statement of functional expenses $386,159 across 9 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $33,060 · Management $33,059 · Fundraising $0$66,119
IX-6 Pay of disqualified personsPrograms $60,090 · Management $60,089 · Fundraising $0$120,179
IX-10 Payroll taxesPrograms $7,337 · Management $7,336 · Fundraising $0$14,673
IX-11c Accounting feesPrograms $0 · Management $2,020 · Fundraising $0$2,020
IX-12 Advertising and promotionPrograms $0 · Management $7,821 · Fundraising $0$7,821
IX-20 InterestPrograms $0 · Management $6,189 · Fundraising $0$6,189
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $3,257 · Fundraising $0$3,257
IX-24 Other expenses (24a–d)Programs $0 · Management $30,367 · Fundraising $0$30,367
IX-24e All other expensesPrograms $27,814 · Management $107,720 · Fundraising $0$135,534
IX-25 Total functional expensesPrograms $128,301 · Management $257,858 · Fundraising $0$386,159
Part X · Balance sheet $243,754 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $76,217$107,071
X-10c Land, buildings and equipment, netStart of year $139,940$136,683
X-16 Total assetsStart of year $216,217$243,754
X-26 Total liabilitiesStart of year $80,386$74,575
X-32 Total net assets or fund balancesStart of year $135,831$169,179
X-33 Total liabilities and net assetsStart of year $216,217$243,754
Part XI · Reconciliation of net assets $169,179 net assets at year end
XI-1 Total revenue$419,507
XI-2 Total expenses$386,159
XI-3 Revenue less expenses$33,348
XI-4 Net assets at start of year$135,831
XI-10 Net assets at end of year$169,179

Form 990 e-file (XML) FY2025 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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.