Second Life Thrift Store
EIN: 272314419 · Avondale Est, GA · NTEE: D12
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Net Assets | $437K |
Is Second Life 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 Second Life Thrift Store
Second Life Thrift Store (EIN: 272314419) is a nonprofit organization based in Avondale Est, GA, classified under NTEE code D12. The organization reported total revenue of $1.3M and total assets of $898K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Second Life Thrift Store's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Second Life Thrift Store is a mid-size nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 21.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-73,073 |
| Total Assets | $854K |
| Total Liabilities | $417K |
| Net Assets | $437K |
| Operating Margin | -6.4% |
| Debt-to-Asset Ratio | 48.8% |
| Months of Reserves | 8.5 months |
Financial Health Grade: B
In 2022, Second Life Thrift Store reported a deficit of $73K with expenses exceeding revenue, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 48.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Second Life Thrift Store's revenue has grown at a compound annual growth rate (CAGR) of 21.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -2.2% | +30.5% | +38.8% |
| 2021 | +92.7% | +50.6% | +55.0% |
| 2020 | -40.2% | -39.3% | -6.4% |
| 2019 | +11.2% | +8.3% | +8.2% |
| 2018 | +12.5% | +13.5% | -14.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Second Life 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 Second Life 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $73K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.8%.
Frequently Asked Questions about Second Life Thrift Store
Is Second Life Thrift Store a legitimate charity?
Second Life Thrift Store (EIN: 272314419) is a registered tax-exempt nonprofit based in Georgia. It has 12 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: B.
How does Second Life Thrift Store spend its money?
Second Life Thrift Store reported $1.3M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Second Life Thrift Store tax-deductible?
Second Life Thrift Store is registered as a tax-exempt nonprofit (EIN: 272314419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Second Life Thrift Store located?
Second Life Thrift Store is headquartered in Avondale Est, Georgia and files with the IRS under EIN 272314419. It is classified under NTEE code D12.
How many years of IRS 990 filings does Second Life Thrift Store have?
Second Life Thrift Store has 12 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Second Life Thrift Store showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Second Life Thrift Store's revenue has grown by 732.3%, moving from $137K to $1.1M. Total assets increased by 676.7% over the same period, from $110K to $854K. Total functional expenses rose by 2655%, from $44K to $1.2M. In its most recent filing year (2022), Second Life Thrift Store reported a deficit of $73K, with expenses exceeding revenue. The organization holds $417K in liabilities against $854K in assets (debt-to-asset ratio: 48.8%), resulting in net assets of $437K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.1M | $1.2M | $854K | $417K | — | View 990 |
| 2021 | $1.2M | $929K | $615K | $105K | — | View 990 |
| 2020 | $604K | $617K | $397K | $122K | — | — |
| 2019 | $1.0M | $1.0M | $424K | $136K | — | View 990 |
| 2018 | $910K | $938K | $392K | $100K | — | View 990 |
| 2017 | $809K | $826K | $460K | $140K | — | View 990 |
| 2016 | $812K | $717K | $423K | $85K | — | View 990 |
| 2015 | $709K | $693K | $301K | $58K | — | View 990 |
| 2014 | $650K | $650K | $302K | $75K | — | View 990 |
| 2013 | $261K | $205K | $274K | $47K | — | View 990 |
| 2012 | $170K | $90K | $196K | $26K | — | View 990 |
| 2011 | $137K | $44K | $110K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.1M, expenses of $1.2M, and assets of $854K (revenue -2.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $929K, and assets of $615K (revenue +92.7% year-over-year).
- 2020: Revenue of $604K, expenses of $617K, and assets of $397K (revenue -40.2% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.0M, and assets of $424K (revenue +11.2% year-over-year).
- 2018: Revenue of $910K, expenses of $938K, and assets of $392K (revenue +12.5% year-over-year).
- 2017: Revenue of $809K, expenses of $826K, and assets of $460K (revenue -0.5% year-over-year).
- 2016: Revenue of $812K, expenses of $717K, and assets of $423K (revenue +14.6% year-over-year).
- 2015: Revenue of $709K, expenses of $693K, and assets of $301K (revenue +9.0% year-over-year).
- 2014: Revenue of $650K, expenses of $650K, and assets of $302K (revenue +149.2% year-over-year).
- 2013: Revenue of $261K, expenses of $205K, and assets of $274K (revenue +53.2% year-over-year).
- 2012: Revenue of $170K, expenses of $90K, and assets of $196K (revenue +24.5% year-over-year).
- 2011: Revenue of $137K, expenses of $44K, and assets of $110K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Second Life Thrift Store:
Data Sources and Methodology
This transparency report for Second Life 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.