Gm First and Second Thrift Store FY2023 filing

Tax-deductible

Grand Marais, MN501(c)(3)Community DevelopmentEIN 92-1036167Revenue $193K in FY2023

On file with the IRSPo Box 54, 55604-0054 · Grand Marais, MNTax-exempt since Jan 2023Publicly supported — 509(a)(2)

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Raise money for 33 local nonprofit through the sale of donated goods. Worked with social services and local churches to provide clothing and household goods to people in need.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2023 · Form 990-EZIndependent: 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-EZ
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 $34K a year · 14% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Liabilities
$1K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$193K
Net assets
$168K
By yearFY2023–FY2025
Revenue
$193K
FY2023
Tap a bar for its year
Revenue by fiscal year
FY2023$193K
FY2024$233K
FY2025$261K
Expenses
—
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2023Not on file
FY2024$181K
FY2025$245K
Net assets
$168K
FY2023
Tap a bar for its year
Net assets by fiscal year
FY2023$168K
FY2024$221K
FY2025$237K

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2023.

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

Who runs it and what they're paid

6 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Gm First and Second Thrift Store executive salaries →

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Programs and updates

Sells donated goods to fund local charities and provide essentials to those in need.

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Provided by the organization

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 21 grants · $218K · 2024–2025
Hamilton Habitat INCMN · FY2025$27,182
First Congregational ChurchFY2025$15,625
Grand Marais Playhouse INCMN · FY2025$14,172
Arrowhead Animal RescueFY2025$12,195
Violence Prevention CenterMN · FY2025$11,801
Bethlehem Lutheran ChurchMN · FY2025$11,572
Evangelical Free ChurchMN · FY2025$8,830
School District 166FY2025$8,394
Tofte Historical SocietyMN · FY2025$6,136
Great Expectations SchoolMN · FY2025$5,401
American Legion AuxiliaryMN · FY2025$5,126
Hamilton Habitat INCMN · FY2024$15,346
First Congregational ChurchFY2024$13,181
Grand Marais Playhouse INCMN · FY2024$10,236
Violence Prevention CenterMN · FY2024$7,808
See all 21 grants →

By the numbers

The FY2023 990-EZ, line by line.

1The main four
Money in
$193K
Other income$193K
Owns and owes
$168K
net assets
Liabilities$1K
People
6
listed
Paid0
2In more detail
Revenue in detail
Other income$193K
Total revenue$193K
Assets in detailEnd of year
Liabilities$1K
Net assets$168K
Operations
Employees0
Volunteers52
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $261K$245K$16K$237K 990 PDF
FY2024 $233K$181K$53K$221K 990 PDF
FY2023 Viewing $193K$168K 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

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

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