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Nonprofit · EIN 81-1512509

THRIFTOLOGY INC

Tax-exempt · FREDERICKSBRG, OH 44627

Financials

$3.3M$2.8M2023$4M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of THRIFTOLOGY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,981,340$3,399,569$581,771$2,100,443$40,420$2,060,023
December 31, 2023990$3,315,244$2,847,608$467,636$1,545,530$55,353$1,490,177
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,796,568
Program service revenue
$0
Investment income
$23,287
Net rental income
$70,175
Net income from sales of inventory
$81,859
Other revenue
$161,485

Expenses

Grants and similar amounts paid
$256,460
Compensation of officers, directors and key employees
$0
Other salaries and wages
$1,880,118
Salaries, compensation and benefits (total)
$2,048,364
Professional fundraising fees
$0
Occupancy
$663,784
Travel
$3,083
Depreciation
$79,195
Program services (functional)
$3,192,025
Management and general (functional)
$207,544

Balance sheet and other

Total assets, start of year
$1,545,530
Total assets, end of year
$2,100,443
Total liabilities, end of year
$40,420
Net assets, end of year
$2,060,023
Land, buildings and equipment
$688,380
Net assets without donor restrictions
$2,060,023
Gross receipts
$7,859,766
Employees
96
Volunteers
50
Year formed
2016
State of legal domicile
OH

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
BRENT MILLERChairman
Trustee or director, Officer
2$0
JARED COBLENTZSecretary
Trustee or director, Officer
2$0
DERRICK MILLERTreasurer
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
BRENT MILLERChairman
Trustee or director, Officer
2$0
JARED COBLENTZSecretary
Trustee or director, Officer
2$0
DERRICK MILLERTreasurer
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
7927 COUNTY ROAD 201, FREDERICKSBRG, OH 44627-9627
Principal officer (990 for 2024)
DERRICK MILLER, 7927 COUNTY ROAD 201, FREDERICKSBURG, OH 44627
Signed the 990
DERRICK MILLER, Treasurer
Phone
(330) 231-3847
Return prepared by
Tax Matters Inc

Mission

A NON-PROFIT THRIFT STORE WITH A MISSION TO SERVE AT RISK CHILDREN AND ORPHANS IN OUR COMMUNITY, OUR NATION AND OUR WORLD.

990 for the year ended December 31, 2024

Program accomplishments

  • A Thrift store that accepts donations of clothing and home goods from the public. Sells goods to support ministries that provide aid to orphans and at risk children.
    Expenses $3,192,025 · grants $256,460

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
81-1512509
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P29)
Assets (IRS master file)
$2,100,443
Income (IRS master file)
$7,859,766

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,981,340$3,399,569$2,100,443IRS
990December 2023$3,315,244$2,847,608$1,545,530XML
990December 2022$2,087,376$2,054,799$901,394IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 81-1512509).

Questions about THRIFTOLOGY INC

What is the EIN of THRIFTOLOGY INC?
The employer identification number (EIN) of THRIFTOLOGY INC is 81-1512509.
Is THRIFTOLOGY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to THRIFTOLOGY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THRIFTOLOGY 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 THRIFTOLOGY INC 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 THRIFTOLOGY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THRIFTOLOGY INC?
The 990 for the year ended December 31, 2024 names DERRICK MILLER.
Who are the officers and directors of THRIFTOLOGY INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does THRIFTOLOGY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,981,340, expenses of $3,399,569 and total assets of $2,100,443 at year end.

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