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Nonprofit · EIN 82-1186957

THRIFTY NICKEL INC

Tax-exempt · PHILADELPHIA, MS 39350

Financials

$638K$525K2024
Revenue Expenses · by fiscal year end
Financials of THRIFTY NICKEL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$638,020$524,624$113,396$301,674$0$301,674
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$630,088
Investment income
$7,932
Net gain from sales of assets
$7,932
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$119,390
Salaries, compensation and benefits (total)
$128,523
Professional fundraising fees
$0
Accounting fees
$5,200
Depreciation
$9,385
Program services (functional)
$22,627
Management and general (functional)
$501,997

Balance sheet and other

Total assets, start of year
$188,278
Total assets, end of year
$301,674
Total liabilities, end of year
$0
Net assets, end of year
$301,674
Land, buildings and equipment
$224,296
Net assets without donor restrictions
$301,674
Gross receipts
$714,988
Employees
8
Volunteers
4
Year formed
2017
State of legal domicile
MS

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
RICKY L ROGERSPRESIDENT
Officer
50$23,400
TIFFANY RAWSONVICE PRESIDE
Officer
0$0
RACHEL ROGERSVP / TREASUR
Officer
–$0

Address and contacts

Address (IRS master file)
1120 EAST MAIN STREET SUITE 17, PHILADELPHIA, MS 39350-2300
In care of
% RICKY L ROGERS
Principal officer (990 for 2024)
RICKY L ROGERS, 10580 ROAD 282, PHILADELPHIA, MS 39350
Signed the 990
RICKY L ROGERS, PRESIDENT
Phone
(601) 507-2467
Return prepared by
DONALD AND CO CPAS PLLC

Mission

AS PROVIDED IN ITS STATEMENT OF PURPOSE, THE SPECIFIC PURPOSES FOR WHICH THE ORGANIZATION HAS BEEN ESTABLISHED IS THE SALE OF USED MERCHANDISE AND OTHER GOODS TO SUPPORT CHARITABLE ACTIVITIES, INCLUDING BUT NOT LIMITED TO, THOSE AS DEFINED BY SECTION 501(C)(3). THE PAST, PRESENT AND PLANNED ACTIVITIES IS THE SALE OF USED MERCHANDISE TO SUPPORT ITS CHARITABLE ACTIVITIES. THE PRIMARY CHARITABLE ACTIVITY AS PROVIDED IN ARTICLE 2 OF THE BYLAWS IS TO OPERATE A SHELTER FOR HOMELESS MEN AND TO GIVE BACK TO THE COMMUNITIES WHERE THE RETAIL STORES RESIDE. THE ORGANIZATION'S MISSION STATEMENT, VISION AND VALUES ARE: MISSION STATEMENT: PROVIDE A PATHWAY OF WELLNESS, HOPE, AND PEACE TO HOMELESS MEN. PROVIDE CLOTHING, SHOES, FOOD, AND SMALL HOUSEHOLD APPLIANCES TO FAMILIES IN NEED WITHIN OUR COMMUNITIES TO BETTER THEIR LIVES. VISION: BETTER LIVES BETTER FAMILIES BETTER COMMUNITIES A BETTER WORLD THROUGH THE MINISTRY OF JESUS CHRIST VALUES: HOPE LOVE COMPASSION PEACE

990 for the year ended December 31, 2024

Program accomplishments

  • AS PROVIDED IN ITS STATEMENT OF PURPOSE, THE SPECIFIC PURPOSES FOR WHICH THE ORGANIZATION HAS BEEN ESTABLISHED IS THE SALE OF USED MERCHANDISE AND OTHER GOODS TO SUPPORT CHARITABLE ACTIVITIES, INCLUDING BUT NOT LIMITED TO, THOSE AS DEFINED BY SECTION 501(C)(3). THE PAST, PRESENT AND PLANNED ACTIVITIES IS THE SALE OF USED MERCHANDISE TO SUPPORT ITS CHARITABLE ACTIVITIES. THE PRIMARY CHARITABLE ACTIVITY AS PROVIDED IN ARTICLE 2 OF THE BYLAWS IS TO OPERATE A SHELTER FOR HOMELESS MEN AND TO GIVE BACK TO THE COMMUNITIES WHERE THE RETAIL STORES RESIDE. THE ORGANIZATION WILL OPERATE A SHELTER FOR HOMELESS MEN AND WILL PROVIDE CLOTHING, SHOES, FOOD, AND SMALL HOUSEHOLD APPLIANCES TO FAMILIES IN NEED WITHIN OUR COMMUNITIES TO BETTER THEIR LIVES. THE ORGANIZATION INCURS EXPENSES TO OPERATE A SHELTER FOR HOMELESS MEN AND TO PROVIDE CLOTHING, SHOES, FOOD, AND SMALL HOUSEHOLD APPLIANCES TO FAMILIES IN NEED WITHIN OUR COMMUNITIES TO BETTER THEIR LIVES.
    Expenses $22,627 · revenue $651,652

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
82-1186957
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
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P29)
Assets (IRS master file)
$301,674
Income (IRS master file)
$714,988

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$564,921$497,489$188,278IRS
990December 2022$514,594$480,834$120,846IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about THRIFTY NICKEL INC

What is the EIN of THRIFTY NICKEL INC?
The employer identification number (EIN) of THRIFTY NICKEL INC is 82-1186957.
Is THRIFTY NICKEL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to THRIFTY NICKEL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THRIFTY NICKEL 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 THRIFTY NICKEL 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 THRIFTY NICKEL 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 THRIFTY NICKEL INC?
The 990 for the year ended December 31, 2024 names RICKY L ROGERS.
Who are the officers and directors of THRIFTY NICKEL INC?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $23,400 (RICKY L ROGERS, PRESIDENT).
How much revenue does THRIFTY NICKEL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $638,020, expenses of $524,624 and total assets of $301,674 at year end.

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