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Nonprofit · EIN 23-7086350

POSEY COUNTY THRIFT SHOP INC

Tax-exempt · MOUNT VERNON, IN 47620

Financials

$259K$268K2023$275K$285K2024$274K$288K2025
Revenue Expenses · by fiscal year end
Financials of POSEY COUNTY THRIFT SHOP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$273,689$287,507-$13,818$261,760$1,301$260,459
December 31, 2024990$275,028$285,046-$10,018$282,007$7,730$274,277
December 31, 2023990$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.

NameTitleHours / weekCompensation
KARLA WOLFSTORE MANAGER
Key employee, Highest-paid employee
40$61,985
JULIE TURNERSECRETARY
Trustee or director, Officer
1$0
MARIA TURNERVICE PRESIDENT
Trustee or director, Officer
1$0
LAURIE HARTMANTREASURER
Trustee or director, Officer
1$0
CHEVEN MAYPRESIDENT
Trustee or director, Officer
1$0
BETH PACEBOARD MEMBER
Trustee or director
1$0
TINA BOERNERBOARD MEMBER
Trustee or director
1$0
JUDY HEBERERBOARD MEMBER
Trustee or director
1$0
RANDY HARTMANBOARD MEMBER
Trustee or director
1$0
WAYNE MCINTOSHBOARD MEMBER
Trustee or director
1$0
JEAN MOOREBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
KARLA WOLFSTORE MANAGER
Key employee, Highest-paid employee
40$61,259
JULIE TURNERSECRETARY
Trustee or director, Officer
1$0
MARIA TURNERVICE PRESIDENT
Trustee or director, Officer
1$0
LAURIE HARTMANTREASURER
Trustee or director, Officer
1$0
CHEVEN MAYPRESIDENT
Trustee or director, Officer
1$0
BETH PACEBOARD MEMBER
Trustee or director
1$0
TINA BOERNERBOARD MEMBER
Trustee or director
1$0
JUDY HEBERERBOARD MEMBER
Trustee or director
1$0
RANDY HARTMANBOARD MEMBER
Trustee or director
1$0
WAYNE MCINTOSHBOARD MEMBER
Trustee or director
1$0
JEAN MOOREBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
KARLA WOLFSTORE MANAGER
Key employee, Highest-paid employee
40$58,788
JULIE TURNERVICE PRESIDENT
Trustee or director, Officer
1$0
MARIA TURNERBOARD MEMBER
Trustee or director
1$0
LARRY LANGERTREASURER
Trustee or director, Officer
1$0
CHEVEN MAYPRESIDENT
Trustee or director, Officer
1$0
BETH PACEBOARD MEMBER
Trustee or director
1$0
TINA BOERNERBOARD MEMBER
Trustee or director
1$0
JUDY HEBERERBOARD MEMBER
Trustee or director
1$0
PAM HARTMANSECERTARY
Trustee or director, Officer
1$0
WAYNE MCINTOSHBOARD 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.

990 for the year ended December 31, 2025

Program accomplishments

  • PROCESSING OF USED CLOTHING & OTHER USED ITEMS TO LOW INCOME INDIVIDUALS AT MINIMAL COST
    Expenses $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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2025$273,689$287,507$261,760XML
990December 2024$275,028$285,046$282,007XML
990December 2023$259,275$268,004$293,670XML
990December 2022$242,385$250,220$300,758IRS
990December 2021–––IRS
990December 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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