Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor
Thrift Store's Financials Show Inconsistent Spending and Transparency Gaps
EIN: 221845732 · Wrightstown, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $162K |
| Total Expenses | $90K |
| Program Spending | 60% |
| Net Assets | $33K |
| Transparency Score | 60/100 |
Is Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor (EIN: 221845732) is a nonprofit organization based in Wrightstown, NJ. The organization reported total revenue of $162K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor is a small nonprofit that has been operating for 2 years, with 9 years of IRS 990 filings on record (2012–2020). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $90K |
| Surplus / Deficit | $-9,533 |
| Total Assets | $36K |
| Total Liabilities | $3K |
| Net Assets | $33K |
| Operating Margin | -11.8% |
| Debt-to-Asset Ratio | 8.4% |
| Months of Reserves | 4.8 months |
Financial Health Grade: B
In 2020, Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor reported a deficit of $10K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 8.4% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2020), Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -4.8% | +9.1% | -25.8% |
| 2019 | -0.1% | -2.9% | +6.8% |
| 2018 | +59.5% | +32.7% | -0.3% |
| 2017 | -38.3% | -20.6% | -19.0% |
| 2016 | +12.0% | +1.3% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.4%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no data on salaries or benefits for key personnel was provided in the filings.
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 Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.
- No information on executive compensation, which is a significant transparency red flag.
- Inconsistent revenue and expenses over the years, with expenses exceeding revenue in several periods (e.g., 201705: revenue $53,142, expenses $64,072; 201405: revenue $99,435, expenses $150,805).
Strengths
The following positive indicators were identified for Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor:
- Consistent reporting of revenue and expenses over multiple years, indicating regular financial activity.
- The organization maintains a physical presence and likely provides a valuable service to the community through its thrift store.
Frequently Asked Questions about Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor
Is Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor a legitimate charity?
Based on AI analysis of IRS 990 filings, Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor (EIN: 221845732) some concerns. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
How does Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor spend its money?
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor tax-deductible?
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor is registered as a tax-exempt nonprofit (EIN: 221845732). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor's spending goes to programs?
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor directs 60% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor located?
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor is headquartered in Wrightstown, New Jersey and files with the IRS under EIN 221845732.
How many years of IRS 990 filings does Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor have?
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor has 9 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 $162K in total revenue.
What does Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor do?
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor is a nonprofit organization in the Unknown sector, located in Wrightstown, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor have?
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor reported total revenue of $161,792. Based on 9 IRS 990 filings on record.
What are Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor's total assets?
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor holds total assets of $137,008 as reported in IRS 990 filings.
Where is Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor located?
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor is based in Wrightstown, New Jersey.
What is Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor's EIN?
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor's Employer Identification Number (EIN) is 221845732. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor?
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor is classified under NTEE code Unknown (Unknown).
Is Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor a registered 501(c)(3)?
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor appears in IRS records (EIN: 221845732). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor file IRS Form 990?
Yes, Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor has 9 IRS Form 990 filings on record. The most recent covers tax period 202005.
What was Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor's revenue in 2020?
In the 202005 filing period, Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor reported total revenue of $80,588, total expenses of $90,121, and net assets of $36,011.
Is Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor's revenue growing or declining?
Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor's revenue is relatively stable. Revenue went from $84,659 (201905) to $80,588 (202005), a -4.8% change. Based on 9 filings on record.
What is Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor's most recent 990 filing?
The most recent IRS Form 990 filing for Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor covers tax period 202005. It shows revenue of $80,588, expenses of $90,121, total assets of $36,011, and liabilities of $3,038.
How much does Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor spend on programs vs administration?
Based on IRS 990 analysis, Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor a trustworthy charity?
Based on AI analysis of IRS 990 data, Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor?
The following concerns were identified: Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.. No information on executive compensation, which is a significant transparency red flag.. Inconsistent revenue and expenses over the years, with expenses exceeding revenue in several periods (e.g., 201705: revenue $53,142, expenses $64,072; 201405: revenue $99,435, expenses $150,805).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor's strengths?
Positive indicators for Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor include: Consistent reporting of revenue and expenses over multiple years, indicating regular financial activity.. The organization maintains a physical presence and likely provides a valuable service to the community through its thrift store.. These findings are derived from AI analysis of the organization's financial filings.
How does Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor compensate executives?
Executive compensation cannot be assessed as no data on salaries or benefits for key personnel was provided in the filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'x' value (expenses) often exceeds 'r' value (revenue) in the provided data, how does the organization sustain its operations?
The organization likely relies on accumulated assets ('a' value) or other undisclosed funding sources to cover operational deficits, as seen in years like 201705 where expenses ($64,072) exceeded revenue ($53,142).
What is the significance of the 'c0%' value consistently reported across all years?
The 'c0%' likely indicates that the organization reports 0% in contributions or grants, suggesting its primary revenue stream is from sales, consistent with a thrift store model.
Filing History
IRS 990 filing history for Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2020), Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor's revenue has declined by 42.6%, moving from $140K to $81K. Total assets decreased by 72.1% over the same period, from $129K to $36K. Total functional expenses fell by 13.9%, from $105K to $90K. In its most recent filing year (2020), Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor reported a deficit of $10K, with expenses exceeding revenue. The organization holds $3K in liabilities against $36K in assets (debt-to-asset ratio: 8.4%), resulting in net assets of $33K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $81K | $90K | $36K | $3K | — | View 990 |
| 2019 | $85K | $83K | $49K | $6K | — | View 990 |
| 2018 | $85K | $85K | $45K | $5K | — | — |
| 2017 | $53K | $64K | $46K | $5K | — | View 990 |
| 2016 | $86K | $81K | $56K | $5K | — | View 990 |
| 2015 | $77K | $80K | $51K | $5K | — | View 990 |
| 2014 | $99K | $151K | $53K | $4K | — | View 990 |
| 2013 | $74K | $96K | $104K | $4K | — | View 990 |
| 2012 | $140K | $105K | $129K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $81K, expenses of $90K, and assets of $36K (revenue -4.8% year-over-year).
- 2019: Revenue of $85K, expenses of $83K, and assets of $49K (revenue -0.1% year-over-year).
- 2018: Revenue of $85K, expenses of $85K, and assets of $45K (revenue +59.5% year-over-year).
- 2017: Revenue of $53K, expenses of $64K, and assets of $46K (revenue -38.3% year-over-year).
- 2016: Revenue of $86K, expenses of $81K, and assets of $56K (revenue +12.0% year-over-year).
- 2015: Revenue of $77K, expenses of $80K, and assets of $51K (revenue -22.7% year-over-year).
- 2014: Revenue of $99K, expenses of $151K, and assets of $53K (revenue +33.5% year-over-year).
- 2013: Revenue of $74K, expenses of $96K, and assets of $104K (revenue -47.0% year-over-year).
- 2012: Revenue of $140K, expenses of $105K, and assets of $129K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor:
Data Sources and Methodology
This transparency report for Spouses Of Joint Base Mcguire Dix Lakehurst Organization Thrift Stor 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.