Risen Thrift INC

Tax-deductible

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

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
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
IRS e-file · Filing history
Is it financially stable?
2 of 2
years in the black
Pt I · Ln 19 · 2 filings
How much reaches the programs?
33%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$127K
to officers and key staff · 33% of spending
Pt VII · Sec A
Do they have reserves?
3 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Do they carry debt?
$75K
liabilities
Pt X · Ln 26
Who oversees it?
4
independent of 4 voting board members
Pt VI · Ln 1a–1b
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

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CRisen Thrift INC
EINHdr · item D86-2447032
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJun 2021
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CDanville, OH
NTEE classificationIRS BMFHuman Services (P29)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.33 Management & general $0.67
Program services33%$128K
Management & general67%$258K
Total functional expensesLn 25$386K

Financial health

Is it on solid ground?

Program efficiency
33%
of spending reaches programs▼ -47% vs prior filing year
Operating runway
3.3mo
months of highly liquid reserves at operating expense rate▼ -28% vs prior filing year
Surplus margin
+8%
revenue over expenses, this year▼ -75% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$244K
FY2025▲ +13%
Total assets by fiscal year
FY2021Not on file
FY2022Not on file
FY2023Not on file
FY2024$216K
FY2025$244K
Total liabilities
$75K
FY2025▼ -7%
Total liabilities by fiscal year
FY2021Not on file
FY2022Not on file
FY2023Not on file
FY2024$80K
FY2025$75K
Revenue less expensesPt I · Ln 19$33K
Total assetsPt X · Ln 16$244K
Program-expense ratioPt IX · col B33%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$107K
Total assetsLn 16$244K
Total liabilitiesLn 26$75K
Total net assetsLn 32$169K
Months of cash on handcomputed3.3

Statement of Revenue

Part VIII
Program service revenue100%$420K
Total revenueLn 12$420K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $107K · Operating expenses/yr $386K
3.3 months
Where the money goes
Program services
Program services $128K · Total expenses $386K
33%
Management & General
Management & general $258K · Total expenses $386K
67%
Fundraising
Fundraising $0 · Total expenses $386K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $54K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $420K
0%
Government reliance
Government grants — · Total revenue $420K
—
Earned-income share
Program service revenue $420K · Total revenue $420K
100%
Investment reliance
Investment income $0 · Total revenue $420K
0%
Program self-sufficiency
Program service revenue $420K · Total expenses $386K
109%
Growth & trend
Revenue growth (YoY)
This year $420K · Prior year $338K
+24%
Revenue CAGR
FY2021 $89K · FY2025 $420K
+47%
Net-asset trend (YoY)
End of year $169K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $420K · Expenses $386K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $244K
—
Net-asset ratio
Net assets $169K · Total assets $244K
69%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $244K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ronald E Wallace · Reported title President · Highest reported compensation $60K · Total expenses $386K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $201K · Total expenses $386K
52%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 33%——
Overhead ratio 67%——
Revenue growth 24%——
Accounting fee ratio 0.5%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

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.

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Governance & Policies

Part VI
  • 4Voting board membersPt VI · Ln 1a
  • 4Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

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

Provided by the organization

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Mission & Programs · Part III

Where the work happens

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

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $420K$386K+24% 990 PDF
FY2024 $338K$229K+71% 990 PDF
FY2023 $198K—+22% 990 PDF
FY2022 $162K—+82% 990 PDF
FY2021 $89K— 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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