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Nonprofit · EIN 74-2897534

FAYETTE RESALE INCORPORATED

Also known as SECOND CHANCE EMPORIUM

Tax-exempt · LA GRANGE, TX 78945

Financials

$1.1M$724K2021$1.5M$1.2M2023$1.6M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of FAYETTE RESALE INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,604,734$1,364,243$240,491$3,249,821$0$3,249,821
December 31, 2023990$1,478,476$1,162,247$316,229$3,104,069$94,739$3,009,330
December 31, 2021990$1,126,244$723,553$402,691$2,768,521$536,189$2,232,332
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,572,559
Program service revenue
$0
Investment income
$8,512
Net income from sales of inventory
$23,663
Other revenue
$23,663

Expenses

Grants and similar amounts paid
$668,879
Compensation of officers, directors and key employees
$72,840
Other salaries and wages
$436,332
Salaries, compensation and benefits (total)
$548,124
Professional fundraising fees
$0
Accounting fees
$3,423
Occupancy
$15,660
Depreciation
$59,277
Program services (functional)
$1,357,553
Management and general (functional)
$6,690

Balance sheet and other

Total assets, start of year
$3,104,069
Total assets, end of year
$3,249,821
Total liabilities, end of year
$0
Net assets, end of year
$3,249,821
Land, buildings and equipment
$2,047,013
Publicly traded securities
$200,000
Net assets without donor restrictions
$3,013,953
Net assets with donor restrictions
$235,868
Gross receipts
$3,112,653
Employees
35
Volunteers
135
Year formed
1999
State of legal domicile
TX

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
GAYLE SCHIELACKSHOP CO-DIRECTOR16$40,543
MARLENE SCHNELLSHOP CO-DIRECTOR16$32,297
REV JEN KINDSVATTERPresident
Officer
4$0
LINDA MORRISONSecretary
Officer
4$0
LINDA STREICHERTreasurer
Officer
4$0
LILLIAN LANDRYVice President
Officer
5$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
GAYLE SCHIELACKSHOP CO-DIRECTOR
Key employee
16$47,320
MARLENE SCHNELLSHOP CO-DIRECTOR
Key employee
16$26,034
DARLENE STRAHANSHOP CO-DIRECTOR
Key employee
16$17,971
REV MARTHA LANGFORDPres
Officer
4$0
LINDA MORRISONSec
Officer
4$0
Linda StreicherTreas
Officer
4$0
LILLIAN LANDRYV-P
Officer
5$0
990 for the year ended December 31, 2021: 6 people
NameTitleHours / weekCompensation
GAYLE SCHIELACKSHOP CO-DIRECTOR
Key employee
16$35,324
JULIA THOMASSHOP CO-DIRECTOR
Key employee
16$28,915
REV MARTHA LANGFORDPres
Officer
4$0
LINDA MORRISONSec
Officer
4$0
Linda StreicherTreas
Officer
4$0
LILLIAN LANDRYV-P
Officer
5$0

Address and contacts

Address (IRS master file)
PO BOX 189, LA GRANGE, TX 78945-0189
In care of
% SECOND CHANCE EMPORIUM
Signed the 990
LINDA STREICHER, Treasurer
Phone
(979) 224-7785
Return prepared by
SANDRA E KANA PC

Mission

THE ORGANIZATION HELPS TO SUPPORT LOCAL NEEDY PEOPLE BY PROVIDING CLOTHING AND HOUSEHOLD ITEMS AT A REDUCED OR NO COST, EXCESS REVENUE IS DISTRIBUTED TO LOCAL CHARITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION HELPS TO SUPPORT LOCAL NEEDY PEOPLE BY PROVIDING CLOTHING AND HOUSEHOLD ITEMS AT A REDUCED OR NO COST, EXCESS REVENUE IS DISTRIBUTED TO LOCAL CHARITIES.
    Expenses $1,357,553 · grants $668,879

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-2897534
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$3,249,821
Income (IRS master file)
$3,112,653

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,604,734$1,364,243$3,249,821XML
990December 2023$1,478,476$1,162,247$3,104,069XML
990December 2022$1,356,261$874,473$2,993,086IRS
990December 2021$1,126,244$723,553$2,768,521XML
990December 2020–––IRS
990December 2018–––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 74-2897534).

Questions about FAYETTE RESALE INCORPORATED

What is the EIN of FAYETTE RESALE INCORPORATED?
The employer identification number (EIN) of FAYETTE RESALE INCORPORATED is 74-2897534.
Is FAYETTE RESALE INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to FAYETTE RESALE INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FAYETTE RESALE INCORPORATED 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 FAYETTE RESALE INCORPORATED due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FAYETTE RESALE INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of FAYETTE RESALE INCORPORATED?
The 990 for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $40,543 (GAYLE SCHIELACK, SHOP CO-DIRECTOR).
How much revenue does FAYETTE RESALE INCORPORATED have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,604,734, expenses of $1,364,243 and total assets of $3,249,821 at year end.

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