Nonprofit · EIN 85-2830817
NEW NEARLY NEW INC
Tax-exempt · DURHAM, NC 27705
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $956,935 | $977,243 | -$20,308 | $122,717 | $0 | $122,717 |
| December 31, 2024 | 990 | $898,285 | $864,596 | $33,689 | $143,025 | $0 | $143,025 |
| December 31, 2023 | 990 | $722,061 | $705,289 | $16,772 | $109,336 | $0 | $109,336 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $90,900
- Program service revenue
- $866,035
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $93,162
- Other salaries and wages
- $419,525
- Salaries, compensation and benefits (total)
- $645,057
- Professional fundraising fees
- $0
- Legal fees
- $939
- Accounting fees
- $3,995
- Occupancy
- $205,488
- Depreciation
- $6,658
- Program services (functional)
- $911,365
- Management and general (functional)
- $65,878
Balance sheet and other
- Total assets, start of year
- $143,025
- Total assets, end of year
- $122,717
- Total liabilities, end of year
- $0
- Net assets, end of year
- $122,717
- Land, buildings and equipment
- $62,023
- Gross receipts
- $956,935
- Employees
- 38
- Volunteers
- 12
- Year formed
- 2020
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA G CLARK | SECRETARY / STORE MANAGER Trustee or director, Officer | 40 | $81,900 | $11,262 |
| W LOWRY CAUDILL | CHAIR Trustee or director, Officer | 15 | $0 | $0 |
| CHARLES E BOATRIGHT | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| STACEY R MCCORISON | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA G CLARK | SECRETARY / STORE MANAGER Trustee or director, Officer | 40 | $74,909 | $10,646 |
| W LOWRY CAUDILL | CHAIR Trustee or director, Officer | 15 | $0 | $0 |
| CHARLES E BOATRIGHT | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| STACEY R MCCORISON | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA G CLARK | SECRETARY / STORE MANAGER Trustee or director, Officer | 40 | $70,784 | $10,460 |
| W LOWRY CAUDILL | CHAIR Trustee or director, Officer | 15 | $0 | $0 |
| CHARLES E BOATRIGHT | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| STACEY R MCCORISON | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3167 HILLSBOROUGH RD, DURHAM, NC 27705-3002
- Principal officer (990 for 2025)
- STACEY MCCORISON, 3167 HILLSBOROUGH ROAD, DURHAM, NC 27705
- Signed the 990
- STACEY MCCORISON, TREASURER
- Phone
- (919) 748-4444
- Website
- WWW.NEWNEARLYNEW.COM
- Return prepared by
- BLACKMAN & SLOOP ADVISORS INC
Mission
NEW NEARLY NEW WELCOMES YOUR DONATIONS OF CLOTHING, AND OTHER ITEMS SUCH AS HOUSEHOLD GOODS, JEWELRY AND FURNITURE. OUR GOAL IS TO GIVE FREE CLOTHING AND OTHER ITEMS TO PEOPLE IN NEED IN THE DURHAM COMMUNITY AND NORTH CAROLINA COMMUNITY. TO SUPPORT OUR ENDEAVOR, WE WILL SELL A PORTION OF THE DONATED ITEMS IN OUR THRIFT STORE. OUR INTENTION IS TO GIVE AWAY AT LEAST ONE ITEM FOR EVERY ITEM SOLD. WE WILL RELY ON PARTNER ORGANIZATIONS WHO IDENTIFY AND WORK WITH THOSE IN NEED IN OUR COMMUNITY TO DISTRIBUTE OUR ITEMS FOR FREE. WE ALSO WELCOME YOUR CASH AND IN KIND DONATIONS.
Program accomplishments
- IN 2025, WE CONTINUED TO DEVELOP RELATIONSHIPS WITH CUSTOMERS, DONORS AND PARTNERS. WE CONTINUED OUR VISION TO SERVE OUR COMMUNITY BOTH LOCALLY AND STATE-WIDE. OUR GOAL TO GIVE AWAY ONE ITEM FOR EVERY ITEM SOLD IS COMING TO FRUITION WHILE PROVIDING JOBS TO A FEW INDIVIDUALS, PROVIDING VOLUNTEER OPPORTUNITIES TO SOME, PROVIDING A GOOD, CLEAN, SAFE PLACE TO DONATE ITEMS (BOTH NEW AND USED) AND IMPORTANTLY TO OFFER A PLACE FOR OUR COMMUNITY TO SHOP AT REDUCED RATES FOR CLOTHES AND HOUSEHOLD ITEMS. ALL OF OUR REVENUE IS GARNERED FROM THE SALE OF THE ITEMS WHICH IN TURN SUPPORTS OPERATING EXPENSES OF THE FACILITY.2025 ACCOMPLISHMENTS:- PROVIDE SHEETS AND FABRIC TO THE TRINITY LUTHERAN CHURCH QUILTING GROUP THAT MAKES QUILTS FOR HOMELESS AND KIDS WITHOUT BEDS.- PROVIDE BABY, CHILDREN AND ADULT DIAPERS TO DURHAM PUBLIC SCHOOL SPECIAL EDUCATION DEPARTMENT.- WORK WITH JUSTICE SERVICES TO PROVIDE CLOTHING AND NECESSARY ITEMS FOR NEWLY RELEASED INMATES.- CONTINUE TO PROVIDE CLOTHING, BOOKS AND HOUSEHOLD ITEMS TO WESTERN CAROLINA MINISTRIES.- REFUGEE SUPPORT IN PROVIDING CLOTHING DISCREETLY THROUGH CHURCH SPONSORED REFUGEE PROGRAMS.- ST. JOSEPH'S EPISCOPAL CHURCH'S BREAKFAST PROGRAM- DURHAM COMMUNITY SAFETY PROGRAM- DURHAM CRISIS RESPONSE CENTER-WOMEN'S CRISIS CENTER- HEART OUTREACH PROGRAM OF DURHAM- CAROLINA OUTREACH PROGRAM- DURHAM POLICE DEPARTMENT- VICTORIOUS OUTCOMES- A TRANSITIONAL HOUSING PROGRAM- DONATIONS TO REACHING ALL MINDS ACADEMY.- DONATIONS TO EXCELSIOR CLASSICAL ACADEMY EXCEPTIONAL CHILDREN CLASSROOMS- CONTINUE TO EMPLOY UP TO 17 EMPLOYEES FROM OUR COMMUNITY.- GAVE 461 VOUCHERS FOR A TOTAL OF $26,386 IN CLOTHES AND SUPPLIES TO INDIVIDUALS IDENTIFIED BY OUR CHARITABLE PARTNER AS NEEDING ASSISTANCE.Expenses $911,365 · revenue $866,035
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-2830817
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P29)
- Assets (IRS master file)
- $122,717
- Income (IRS master file)
- $956,935
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $956,935 | $977,243 | $122,717 | XML |
| 990 | December 2024 | $898,285 | $864,596 | $143,025 | XML |
| 990 | December 2023 | $722,061 | $705,289 | $109,336 | XML |
| 990 | December 2022 | $560,862 | $579,293 | $92,564 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 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 85-2830817).
Questions about NEW NEARLY NEW INC
- What is the EIN of NEW NEARLY NEW INC?
- The employer identification number (EIN) of NEW NEARLY NEW INC is 85-2830817.
- Is NEW NEARLY NEW INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to NEW NEARLY NEW INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW NEARLY NEW 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 NEW NEARLY NEW 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 NEW NEARLY NEW 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 NEW NEARLY NEW INC?
- The 990 for the year ended December 31, 2025 names STACEY MCCORISON.
- Who are the officers and directors of NEW NEARLY NEW INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $81,900 (LISA G CLARK, SECRETARY / STORE MANAGER).
- How much revenue does NEW NEARLY NEW INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $956,935, expenses of $977,243 and total assets of $122,717 at year end.
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