Save & Share Thrift Shop
EIN: 261611192 · Cokato, MN · NTEE: P29
| Metric | Value |
|---|---|
| Total Revenue | $127K |
| Total Expenses | $133K |
| Net Assets | $2K |
Is Save & Share Thrift Shop Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Save & Share Thrift Shop
Save & Share Thrift Shop (EIN: 261611192) is a nonprofit organization based in Cokato, MN, classified under NTEE code P29. The organization reported total revenue of $127K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Save & Share Thrift Shop's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Save & Share Thrift Shop is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $133K |
| Surplus / Deficit | $-7,136 |
| Total Assets | $4K |
| Total Liabilities | $2K |
| Net Assets | $2K |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 42.7% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2023, Save & Share Thrift Shop reported a deficit of $7K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 42.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Save & Share Thrift Shop's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.0% | +16.4% | -57.9% |
| 2022 | -2.9% | +5.1% | -38.9% |
| 2021 | +40.1% | +36.2% | +38.0% |
| 2020 | -17.6% | -22.3% | +2.0% |
| 2019 | +2.5% | +9.6% | -31.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Save & Share Thrift Shop 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 Save & Share Thrift Shop 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 deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.7%.
Frequently Asked Questions about Save & Share Thrift Shop
Is Save & Share Thrift Shop a legitimate charity?
Based on AI analysis of IRS 990 filings, Save & Share Thrift Shop (EIN: 261611192) insufficient data. 0 red flags identified, 0 strengths noted.
How does Save & Share Thrift Shop spend its money?
Detailed spending breakdown data is not yet available for Save & Share Thrift Shop. Check back for updated IRS 990 analysis.
Are donations to Save & Share Thrift Shop tax-deductible?
Save & Share Thrift Shop is registered as a tax-exempt nonprofit (EIN: 261611192). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Save & Share Thrift Shop located?
Save & Share Thrift Shop is headquartered in Cokato, Minnesota and files with the IRS under EIN 261611192. It is classified under NTEE code P29.
How many years of IRS 990 filings does Save & Share Thrift Shop have?
Save & Share Thrift Shop has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $127K in total revenue.
Filing History
IRS 990 filing history for Save & Share Thrift Shop showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Save & Share Thrift Shop's revenue has grown by 135.7%, moving from $53K to $126K. Total assets decreased by 61.9% over the same period, from $10K to $4K. Total functional expenses rose by 160.8%, from $51K to $133K. In its most recent filing year (2023), Save & Share Thrift Shop reported a deficit of $7K, with expenses exceeding revenue. The organization holds $2K in liabilities against $4K in assets (debt-to-asset ratio: 42.7%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $126K | $133K | $4K | $2K | — | View 990 |
| 2022 | $110K | $114K | $9K | $0 | — | View 990 |
| 2021 | $113K | $109K | $15K | $1K | — | View 990 |
| 2020 | $80K | $80K | $11K | $969 | — | View 990 |
| 2019 | $98K | $103K | $11K | $1K | — | View 990 |
| 2018 | $95K | $94K | $16K | $1K | — | View 990 |
| 2017 | $91K | $89K | $14K | $1K | — | View 990 |
| 2016 | $96K | $105K | $12K | $995 | — | View 990 |
| 2015 | $89K | $91K | $21K | $1K | — | View 990 |
| 2014 | $83K | $79K | $22K | $835 | — | View 990 |
| 2013 | $65K | $68K | $18K | $697 | — | View 990 |
| 2012 | $67K | $57K | $21K | $686 | — | View 990 |
| 2011 | $53K | $51K | $10K | $520 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $126K, expenses of $133K, and assets of $4K (revenue +15.0% year-over-year).
- 2022: Revenue of $110K, expenses of $114K, and assets of $9K (revenue -2.9% year-over-year).
- 2021: Revenue of $113K, expenses of $109K, and assets of $15K (revenue +40.1% year-over-year).
- 2020: Revenue of $80K, expenses of $80K, and assets of $11K (revenue -17.6% year-over-year).
- 2019: Revenue of $98K, expenses of $103K, and assets of $11K (revenue +2.5% year-over-year).
- 2018: Revenue of $95K, expenses of $94K, and assets of $16K (revenue +5.1% year-over-year).
- 2017: Revenue of $91K, expenses of $89K, and assets of $14K (revenue -5.6% year-over-year).
- 2016: Revenue of $96K, expenses of $105K, and assets of $12K (revenue +7.5% year-over-year).
- 2015: Revenue of $89K, expenses of $91K, and assets of $21K (revenue +7.9% year-over-year).
- 2014: Revenue of $83K, expenses of $79K, and assets of $22K (revenue +27.9% year-over-year).
- 2013: Revenue of $65K, expenses of $68K, and assets of $18K (revenue -3.6% year-over-year).
- 2012: Revenue of $67K, expenses of $57K, and assets of $21K (revenue +25.7% year-over-year).
- 2011: Revenue of $53K, expenses of $51K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Save & Share Thrift Shop:
Data Sources and Methodology
This transparency report for Save & Share Thrift Shop 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.