Nonprofit · EIN 23-7086350
POSEY COUNTY THRIFT SHOP INC
Tax-exempt · MOUNT VERNON, IN 47620
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $273,689 | $287,507 | -$13,818 | $261,760 | $1,301 | $260,459 |
| December 31, 2024 | 990 | $275,028 | $285,046 | -$10,018 | $282,007 | $7,730 | $274,277 |
| December 31, 2023 | 990 | $259,275 | $268,004 | -$8,729 | $293,670 | $9,375 | $284,295 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $13,359
- Program service revenue
- $259,555
- Investment income
- $775
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $223,699
- Salaries, compensation and benefits (total)
- $241,212
- Professional fundraising fees
- $0
- Accounting fees
- $2,190
- Occupancy
- $11,370
- Depreciation
- $6,909
- Program services (functional)
- $281,125
- Management and general (functional)
- $6,382
Balance sheet and other
- Total assets, start of year
- $282,007
- Total assets, end of year
- $261,760
- Total liabilities, end of year
- $1,301
- Net assets, end of year
- $260,459
- Land, buildings and equipment
- $106,486
- Net assets without donor restrictions
- $260,459
- Gross receipts
- $273,689
- Employees
- 10
- Volunteers
- 0
- Year formed
- 1969
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARLA WOLF | STORE MANAGER Key employee, Highest-paid employee | 40 | $61,985 |
| JULIE TURNER | SECRETARY Trustee or director, Officer | 1 | $0 |
| MARIA TURNER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| LAURIE HARTMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| CHEVEN MAY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| BETH PACE | BOARD MEMBER Trustee or director | 1 | $0 |
| TINA BOERNER | BOARD MEMBER Trustee or director | 1 | $0 |
| JUDY HEBERER | BOARD MEMBER Trustee or director | 1 | $0 |
| RANDY HARTMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| WAYNE MCINTOSH | BOARD MEMBER Trustee or director | 1 | $0 |
| JEAN MOORE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARLA WOLF | STORE MANAGER Key employee, Highest-paid employee | 40 | $61,259 |
| JULIE TURNER | SECRETARY Trustee or director, Officer | 1 | $0 |
| MARIA TURNER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| LAURIE HARTMAN | TREASURER Trustee or director, Officer | 1 | $0 |
| CHEVEN MAY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| BETH PACE | BOARD MEMBER Trustee or director | 1 | $0 |
| TINA BOERNER | BOARD MEMBER Trustee or director | 1 | $0 |
| JUDY HEBERER | BOARD MEMBER Trustee or director | 1 | $0 |
| RANDY HARTMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| WAYNE MCINTOSH | BOARD MEMBER Trustee or director | 1 | $0 |
| JEAN MOORE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARLA WOLF | STORE MANAGER Key employee, Highest-paid employee | 40 | $58,788 |
| JULIE TURNER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARIA TURNER | BOARD MEMBER Trustee or director | 1 | $0 |
| LARRY LANGER | TREASURER Trustee or director, Officer | 1 | $0 |
| CHEVEN MAY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| BETH PACE | BOARD MEMBER Trustee or director | 1 | $0 |
| TINA BOERNER | BOARD MEMBER Trustee or director | 1 | $0 |
| JUDY HEBERER | BOARD MEMBER Trustee or director | 1 | $0 |
| PAM HARTMAN | SECERTARY Trustee or director, Officer | 1 | $0 |
| WAYNE MCINTOSH | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1105 MAIN ST, MOUNT VERNON, IN 47620-1563
- Principal officer (990 for 2025)
- POSEY COUNTY THRIFT SHOP INC, 1105 MAIN ST, MT VERNON, IN 47620
- Signed the 990
- LAURIE HARTMAN, TREASURER
- Phone
- (812) 838-3676
- Return prepared by
- HASSEL & ASSOCIATES LLC
Mission
PROVIDES USED CLOTHING, HOUSEHOLD & OTHER ITEMS TO NEEDY.
Program accomplishments
- PROCESSING OF USED CLOTHING & OTHER USED ITEMS TO LOW INCOME INDIVIDUALS AT MINIMAL COSTExpenses $281,125 · revenue $260,330
- PROCESSED CLOTHING AND ITEMS ARE DONATED TO CHURCHES, MISSIONS AND CHARITIES0
- IN ADDITION TO SUPPLYING CHURCHES & MISSIONS, THE SHOP SUPPLIES THE HOMELESS & NEEDY. FLOOD & FIRE VICTIMS RECEIVE CLOTHING AND HOUSEHOLD ITMES AT NO COST0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7086350
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $261,760
- Income (IRS master file)
- $273,689
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $273,689 | $287,507 | $261,760 | XML |
| 990 | December 2024 | $275,028 | $285,046 | $282,007 | XML |
| 990 | December 2023 | $259,275 | $268,004 | $293,670 | XML |
| 990 | December 2022 | $242,385 | $250,220 | $300,758 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7086350).
Questions about POSEY COUNTY THRIFT SHOP INC
- What is the EIN of POSEY COUNTY THRIFT SHOP INC?
- The employer identification number (EIN) of POSEY COUNTY THRIFT SHOP INC is 23-7086350.
- Is POSEY COUNTY THRIFT SHOP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to POSEY COUNTY THRIFT SHOP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does POSEY COUNTY THRIFT SHOP INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of POSEY COUNTY THRIFT SHOP INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did POSEY COUNTY THRIFT SHOP INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of POSEY COUNTY THRIFT SHOP INC?
- The 990 for the year ended December 31, 2025 names POSEY COUNTY THRIFT SHOP INC.
- Who are the officers and directors of POSEY COUNTY THRIFT SHOP INC?
- The 990 for the year ended December 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $61,985 (KARLA WOLF, STORE MANAGER).
- How much revenue does POSEY COUNTY THRIFT SHOP INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $273,689, expenses of $287,507 and total assets of $261,760 at year end.
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