Yes Resale FY2023 filing

Tax-deductible

Tomball, TX501(c)(3)ReligionEIN 86-3644440

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To provide support to Christian nonprofits

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $12K a year · 4% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$205K
222% of total assets
Concern: liabilities are 222% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$272K
-1.0% vs prior year
Spent
$232K
To programs
100%
Net assets
−$113K
By yearFY2021–FY2024
Revenue
$272K
FY2023▼ -1.0%
Revenue by fiscal year
FY2021$94K
FY2022$275K
FY2023$272K
FY2024$234K
Expenses
$232K
FY2023▼ -32%
Expenses by fiscal year
FY2021Not on file
FY2022$340K
FY2023$232K
FY2024$245K
Net assets
−$113K
FY2023▲ +26%
Net assets by fiscal year
FY2021−$88K
FY2022−$153K
FY2023−$113K
FY2024−$124K

From the FY2023 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2021.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $232K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Yes Resale executive salaries →

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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

Supports Christian nonprofits with resources and guidance.

Provided by the organization

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1 program · $232K · in their own filed words · FY2023
01

provide support to Christian nonprofits

$232Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$272K
Ln 12
Investment incomeLn 3$246K
Gifts and grantsLn 1h$26K
Money outPt IX
$232K
Ln 25
Programscol B$232K
Owns and owesPt X
−$113K
net assets · Ln 32
Cash and savingsLn 1–2$42K
Total assetsLn 16$92K
LiabilitiesLn 26$205K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$26K
Government grantsLn 1e$26K
Investment incomeLn 3$246K
Gains on assetsLn 7$246K
Total revenueLn 12$272K
Assets in detailPt X, end of year
CashLn 1$42K
Cash and savings togetherLn 1–2$42K
Land, buildings, equipmentLn 10c$50K
Total assetsLn 16$92K
LiabilitiesLn 26$205K
Net assetsLn 32−$113K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$17K$42K
Land, buildings, equipmentLn 10c$45K$50K
Total assetsLn 16$62K$92K
LiabilitiesLn 26$215K$205K
Net assetsLn 32−$153K−$113K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1K$1K
Other salaries and wagesLn 7$130K$130K
Payroll taxesLn 10$19K$19K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$2K$2K
Advertising and promotionLn 12$5K$5K
OccupancyLn 16$8K$8K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$17K$17K
All other expensesLn 24e$35K$35K
Total functional expensesLn 25$232K$232K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $234K$245K−$11K−$124K 990 PDF
FY2023 Viewing $272K$232K$40K−$113K 990 PDF
FY2022 $275K$340K−$65K−$153K 990 PDF
FY2021 $94K−$88K 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
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $272,464 across 4 lines filed
VIII-1e Government grants$26,500
VIII-1h Total contributions, gifts and grants$26,500
VIII-7 Net gain or loss on sales of assetsRelated to mission $245,964$245,964
VIII-12 Total revenueRelated to mission $245,964 · Unrelated business $0 · Excluded from tax $0$272,464
Part IX · Statement of functional expenses $232,048 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $1,000$1,000
IX-7 Other salaries and wagesPrograms $129,877$129,877
IX-10 Payroll taxesPrograms $18,531$18,531
IX-11b Legal feesPrograms $2,339$2,339
IX-11c Accounting feesPrograms $2,183$2,183
IX-11g Other fees for servicesPrograms $2,255$2,255
IX-12 Advertising and promotionPrograms $4,718$4,718
IX-16 OccupancyPrograms $7,635$7,635
IX-23 InsurancePrograms $10,998$10,998
IX-24 Other expenses (24a–d)Programs $17,216$17,216
IX-24e All other expensesPrograms $35,296$35,296
IX-25 Total functional expensesPrograms $232,048 · Management $0 · Fundraising $0$232,048
Part X · Balance sheet $92,185 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $17,468$42,131
X-10c Land, buildings and equipment, netStart of year $44,551$50,054
X-16 Total assetsStart of year $62,019$92,185
X-26 Total liabilitiesStart of year $215,032$204,782
X-32 Total net assets or fund balancesStart of year −$153,013−$112,597
X-33 Total liabilities and net assetsStart of year $62,019$92,185
Part XI · Reconciliation of net assets −$112,597 net assets at year end
XI-1 Total revenue$272,464
XI-2 Total expenses$232,048
XI-3 Revenue less expenses$40,416
XI-4 Net assets at start of year−$153,013
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$112,597

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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