Gm First And Second Thrift Store
EIN: 921036167 · Grand Marais, MN · NTEE: S12
| Metric | Value |
|---|---|
| Total Revenue | $261K |
| Total Expenses | $35K |
| Net Assets | $168K |
Is Gm First And Second Thrift Store Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gm First And Second Thrift Store
Gm First And Second Thrift Store (EIN: 921036167) is a nonprofit organization based in Grand Marais, MN, classified under NTEE code S12. The organization reported total revenue of $261K and total assets of $238K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gm First And Second Thrift Store's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gm First And Second Thrift Store is a small nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $35K |
| Surplus / Deficit | +$158K |
| Total Assets | $169K |
| Total Liabilities | $1K |
| Net Assets | $168K |
| Operating Margin | 81.9% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 58.2 months |
Financial Health Grade: A
In 2023, Gm First And Second Thrift Store reported a surplus of $158K with revenue exceeding expenses, holds 58.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gm First And Second Thrift Store has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gm First And Second Thrift Store with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $158K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Gm First And Second Thrift Store
Is Gm First And Second Thrift Store a legitimate charity?
Based on AI analysis of IRS 990 filings, Gm First And Second Thrift Store (EIN: 921036167) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gm First And Second Thrift Store spend its money?
Detailed spending breakdown data is not yet available for Gm First And Second Thrift Store. Check back for updated IRS 990 analysis.
Are donations to Gm First And Second Thrift Store tax-deductible?
Gm First And Second Thrift Store is registered as a tax-exempt nonprofit (EIN: 921036167). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gm First And Second Thrift Store located?
Gm First And Second Thrift Store is headquartered in Grand Marais, Minnesota and files with the IRS under EIN 921036167. It is classified under NTEE code S12.
Filing History
IRS 990 filing history for Gm First And Second Thrift Store showing financial trends over 1 year of public records:
In its most recent filing year (2023), Gm First And Second Thrift Store reported a surplus of $158K, with revenue exceeding expenses. The organization holds $1K in liabilities against $169K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $168K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $193K | $35K | $169K | $1K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gm First And Second Thrift Store:
Data Sources and Methodology
This transparency report for Gm First And Second Thrift Store is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.