Pella Thrift Shop Foundation
Pella Thrift Shop Foundation reports zero revenue and assets in latest filing, indicating potential dormancy or cessation of operations.
EIN: 208043215 · Pella, IA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $175K |
| Program Spending | 80% |
| Net Assets | $77K |
| Transparency Score | 40/100 |
Is Pella Thrift Shop Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pella Thrift Shop Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pella Thrift Shop Foundation
Pella Thrift Shop Foundation (EIN: 208043215) is a nonprofit organization based in Pella, IA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pella Thrift Shop Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pella Thrift Shop Foundation is a small nonprofit, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of -20.9%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $152K |
| Total Expenses | $175K |
| Surplus / Deficit | $-23,383 |
| Total Assets | $79K |
| Total Liabilities | $2K |
| Net Assets | $77K |
| Operating Margin | -15.4% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2013, Pella Thrift Shop Foundation reported a deficit of $23K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 3 years of filings (2011–2013), Pella Thrift Shop Foundation's revenue has declined at a compound annual growth rate (CAGR) of -20.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | -13.6% | +2.0% | -22.8% |
| 2012 | -27.6% | -28.1% | +4.7% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pella Thrift Shop Foundation with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Pella Thrift Shop Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
Officer compensation was reported as 0% across all available filings (2011-2013), indicating a volunteer-led organization or one with no paid executives, which is highly efficient for a small nonprofit.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Pella Thrift Shop Foundation's IRS 990 filings:
- Reported $0 revenue and assets in the latest filing, indicating potential cessation of operations.
- NTEE code is 'Unknown', which limits understanding of its specific programmatic focus.
Strengths
The following positive indicators were identified for Pella Thrift Shop Foundation:
- Historically maintained a healthy asset-to-liability ratio (e.g., $78,983 assets vs. $1,764 liabilities in 2013).
- Reported 0% officer compensation across all available filings, indicating efficient use of funds for leadership.
Frequently Asked Questions about Pella Thrift Shop Foundation
Is Pella Thrift Shop Foundation a legitimate charity?
Pella Thrift Shop Foundation (EIN: 208043215) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 40/100. It has 3 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Pella Thrift Shop Foundation spend its money?
Pella Thrift Shop Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Pella Thrift Shop Foundation tax-deductible?
Pella Thrift Shop Foundation is registered as a tax-exempt nonprofit (EIN: 208043215). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pella Thrift Shop Foundation's spending goes to programs?
Pella Thrift Shop Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Pella Thrift Shop Foundation located?
Pella Thrift Shop Foundation is headquartered in Pella, Iowa and files with the IRS under EIN 208043215.
How many years of IRS 990 filings does Pella Thrift Shop Foundation have?
Pella Thrift Shop Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Pella Thrift Shop Foundation still operational?
Based on the latest IRS 990 data reporting $0 in revenue and assets, it appears the Pella Thrift Shop Foundation may no longer be operational or is in a dormant state. Further investigation beyond the IRS filings would be needed to confirm its current status.
What caused the significant decline in financial activity?
The IRS 990 data does not provide specific reasons for the decline from active operations (e.g., $151,964 revenue in 2013) to $0 in the latest filing. This would require direct inquiry with the organization or its last known representatives.
How did the organization historically allocate its expenses?
Historically, the organization's expenses were very close to its revenues (e.g., $175,347 expenses vs. $151,964 revenue in 2013; $171,855 expenses vs. $175,975 revenue in 2012), suggesting a model where most revenue was spent on operations, likely including program-related costs inherent to running a thrift shop, and minimal administrative overhead given 0% officer compensation.
Filing History
IRS 990 filing history for Pella Thrift Shop Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), Pella Thrift Shop Foundation's revenue has declined by 37.5%, moving from $243K to $152K. Total assets decreased by 19.1% over the same period, from $98K to $79K. Total functional expenses fell by 26.6%, from $239K to $175K. In its most recent filing year (2013), Pella Thrift Shop Foundation reported a deficit of $23K, with expenses exceeding revenue. The organization holds $2K in liabilities against $79K in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $77K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $152K | $175K | $79K | $2K | — | View 990 |
| 2012 | $176K | $172K | $102K | $2K | — | View 990 |
| 2011 | $243K | $239K | $98K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $152K, expenses of $175K, and assets of $79K (revenue -13.6% year-over-year).
- 2012: Revenue of $176K, expenses of $172K, and assets of $102K (revenue -27.6% year-over-year).
- 2011: Revenue of $243K, expenses of $239K, and assets of $98K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pella Thrift Shop Foundation:
Data Sources and Methodology
This transparency report for Pella Thrift Shop Foundation 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.