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Nonprofit · EIN 81-4247568

THE STORE INC

Tax-exempt · NASHVILLE, TN 37212

Financials

$1.2M$1.2M2023$4.3M$2M2024
Revenue Expenses · by fiscal year end
Financials of THE STORE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,277,226$2,019,600$2,257,626$8,012,696$44,756$7,967,940
December 31, 2023990$1,217,712$1,200,782$16,930$5,648,473$37,907$5,610,566
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,961,187
of which government grants
$396,951
Program service revenue
$0
Investment income
$319,066
Net gain from sales of assets
$58,676
Net income from fundraising events
-$3,027
Other revenue
-$3,027

Expenses

Grants and similar amounts paid
$973,192
Compensation of officers, directors and key employees
$183,321
Other salaries and wages
$344,636
Salaries, compensation and benefits (total)
$639,740
Professional fundraising fees
$50,500
Legal fees
$2,000
Accounting fees
$12,852
Occupancy
$42,880
Depreciation
$54,656
Program services (functional)
$1,600,957
Management and general (functional)
$201,265
Fundraising (functional)
$217,378

Balance sheet and other

Total assets, start of year
$5,648,473
Total assets, end of year
$8,012,696
Total liabilities, end of year
$44,756
Net assets, end of year
$7,967,940
Land, buildings and equipment
$1,485,432
Publicly traded securities
$3,916,514
Net assets without donor restrictions
$4,414,015
Net assets with donor restrictions
$3,553,925
Gross receipts
$4,528,126
Employees
9
Volunteers
1,000
Year formed
2016
State of legal domicile
TN

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 / weekCompensationOther / benefits
COLLEN MEYEREXECUTIVE DIRECTOR
Officer
40$128,366$30,954
ELAINE BRYANTREASURER
Trustee or director, Officer
10$24,000$0
BRAD PAISLEYFOUNDER
Trustee or director
2$0$0
KIMBERLY WILLIAMS-PAISLEYFOUNDER
Trustee or director
2$0$0
MICHELLE ROWEPRESIDENT
Trustee or director, Officer
20$0$0
DEBBIE WILKINSSECRETARY
Trustee or director, Officer
5$0$0
JOHN SCHARIOPAST PRESIDENT
Trustee or director
2$0$0
KENDRA DEASDIRECTOR
Trustee or director
2$0$0
MELISSA EADSDIRECTOR
Trustee or director
2$0$0
SUSAN JONESDIRECTOR
Trustee or director
2$0$0
BILL SIMMONSDIRECTOR
Trustee or director
2$0$0
DAVID MINNINGANDIRECTOR
Trustee or director
2$0$0
CLIFTON PEAYDIRECTOR
Trustee or director
2$0$0
CYNTHIA WHITFIELD-STORYDIRECTOR
Trustee or director
2$0$0
COLE BRANTLEYDIRECTOR
Trustee or director
2$0$0
4 more people on this return
NameTitleHours / weekCompensation
AMY MADENDIRECTOR
Trustee or director
2$0
DORENA WILLIAMSONDIRECTOR
Trustee or director
2$0
JOHN NEFFLENDIRECTOR
Trustee or director
2$0
AMY MILLSLAGLEDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensationOther / benefits
COURTNEY VRABLIKEXEC DIRECTOR - TO 4/23
Officer
40$55,973$6,301
COLLEN MEYEREXEC DIRECTOR - BEGIN 8/23
Officer
40$39,208$6,518
ELAINE BRYANDIRECTOR
Trustee or director
10$30,000$0
BRAD PAISLEYFOUNDER
Trustee or director
2$0$0
KIMBERLY WILLIAMS-PAISLEYFOUNDER
Trustee or director
2$0$0
JOHN SCHARIOPRESIDENT
Trustee or director, Officer
20$0$0
JAYNEE DAYTREASURER
Trustee or director, Officer
5$0$0
DEBBIE WILKINSSECRETARY
Trustee or director, Officer
5$0$0
KENDRA DEASDIRECTOR
Trustee or director
2$0$0
MELISSA EADSDIRECTOR
Trustee or director
2$0$0
TROY EDWARDSDIRECTOR
Trustee or director
2$0$0
LISA HARLESSDIRECTOR
Trustee or director
2$0$0
SUSAN JONESDIRECTOR
Trustee or director
2$0$0
BILL SIMMONSDIRECTOR
Trustee or director
2$0$0
BUTCH SPYRIDONDIRECTOR
Trustee or director
2$0$0
MICHELLE ROWEDIRECTOR
Trustee or director
2$0$0
MICHAEL STAGGDIRECTOR
Trustee or director
2$0$0
SCOTT SCOVILLDIRECTOR
Trustee or director
2$0$0
MEGAN ZARLINGDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
PO BOX 128287, NASHVILLE, TN 37212-8287
Principal officer (990 for 2024)
COLLEN MAYER, PO BOX 128287, NASHVILLE, TN 37212
Signed the 990
COLLEN MAYER, EXECUTIVE DIRECTOR
Phone
(615) 383-1161
990-N for 2017 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Kirke Martin, 1605 17th Ave S, Nashville TN 37212. Mailing address: 1605 17th Ave S, Nashville TN 37212.
Return prepared by
KRAFTCPAS PLLC

Mission

AIM TO SOLVE HUNGER ISSUES IN THE COMMUNITY BY OPERATING A YEAR-ROUND FREE GROCERY STORE ALLOWING PEOPLE TO SHOP FOR THEIR BASIC NEEDS AND PARTNERING WITH OTHER ORGANIZATIONS ON ISSUES OF FOOD SECURITY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE STORE OPERATES AS A YEAR-ROUND FREE GROCERY STORE ALLOWING PEOPLE TO SHOP FOR THEIR BASIC NEEDS. THERE IS NO CHARGE TO THOSE REFERRED OR TO THE PEOPLE AND AGENCIES THAT SEND THEM. THEY MAY SHOP FOR FOOD TO SUPPLEMENT THEIR INCOME DURING TIMES OF CRISIS AND AS THEY WORK TOWARD SELF-SUFFICIENCY. DURING 2024 AND 2023, THE STORE SERVED 965 AND 416 HOUSEHOLDS, RESPECTIVELY, BY PROVIDING BI-WEEKLY SHOPPING WHERE CUSTOMERS MAY SHOP FOR THEIR OWN GROCERY ITEMS. THE STORE SERVED AN ADDITIONAL 1,509 HOUSEHOLDS IN 2024 WITH A SINGLE EMERGENCY SHOPPING TRIP PROGRAM. SHOPPERS CAN EXPECT TO FIND ITEMS SUCH AS: FRESH PRODUCE, MILK, MEATS, EGGS, AND DIETARY FRIENDLY OPTIONS. THE STORE ALSO HAS A CHILDREN'S AREA WHERE CHILDREN CAN PLAY AND READ WHILE CAREGIVERS SHOP.A PHILOSOPHY OF COMMUNITY EMPOWERMENT MEANS WE AIM TO SOLVE HUNGER ISSUES IN OUR COMMUNITY BY DEVELOPING PROGRAMS TO MEET THE NEEDS OF THE COMMUNITY, INCLUDING PARTNERING WITH OTHER ORGANIZATIONS ON ISSUES OF FOOD SECURITY. THE STORE PARTNERS WITH THE BELMONT FAMILY WELLBEING PROGRAM WHICH OFFERS FAMILIES SERVICES, PROGRAMMING, AND SUPPORT TO HELP REDUCE STRESS. SERVICES ARE OFFERED BY BELMONT UNIVERSITY FACULTY, STAFF, STUDENTS, AND OTHER QUALIFIED PRACTITIONERS AT THE BELMONT MINISTRY CENTER WHICH IS LOCATED DIRECTLY NEXT TO THE STORE.
    Expenses $1,600,957 · grants $973,192

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
81-4247568
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
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$8,012,696
Income (IRS master file)
$4,528,126

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,277,226$2,019,600$8,012,696XML
990December 2023$1,217,712$1,200,782$5,648,473XML
990December 2022$1,489,022$996,019$5,290,720IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2017
Officer: Kirke Martin
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2017≤ $50,000 receipts––e-Postcard

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 81-4247568).

Questions about THE STORE INC

What is the EIN of THE STORE INC?
The employer identification number (EIN) of THE STORE INC is 81-4247568.
Is THE STORE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to THE STORE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE STORE 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 THE STORE 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 THE STORE 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 THE STORE INC?
The 990 for the year ended December 31, 2024 names COLLEN MAYER.
Who are the officers and directors of THE STORE INC?
The 990 for the year ended December 31, 2024 lists 19 people; 2 received compensation from the organization, the highest $128,366 (COLLEN MEYER, EXECUTIVE DIRECTOR).
How much revenue does THE STORE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,277,226, expenses of $2,019,600 and total assets of $8,012,696 at year end.

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