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Nonprofit · EIN 85-3303443

THRIFT LOVE

Tax-exempt · COLUMBIA, TN 38401

Financials

$825K$805K2024
Revenue Expenses · by fiscal year end
Financials of THRIFT LOVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$825,465$805,197$20,268$499,214$8,015$491,199
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$17,112
Program service revenue
$788,259
Investment income
$20,094
Net gain from sales of assets
$9,066
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$70,000
Other salaries and wages
$425,712
Salaries, compensation and benefits (total)
$546,488
Professional fundraising fees
$0
Legal fees
$1,121
Accounting fees
$1,050
Occupancy
$129,002
Depreciation
$507
Program services (functional)
$799,210
Management and general (functional)
$5,987

Balance sheet and other

Total assets, start of year
$464,825
Total assets, end of year
$499,214
Total liabilities, end of year
$8,015
Net assets, end of year
$491,199
Land, buildings and equipment
$42,676
Publicly traded securities
$352,395
Net assets without donor restrictions
$491,199
Gross receipts
$936,978
Employees
46
Volunteers
23
Year formed
2021
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 / weekCompensation
GINA RUSSELLEXECUTIVE DI
Officer
30$70,000
ALEX BLACKBURNDIRECTOR
Trustee or director
–$0
JACKIE HARMONSECRETARY
Trustee or director, Officer
–$0
DAVID KRIKACDIRECTOR
Trustee or director
1$0
NITA LENTZDIRECTOR
Trustee or director
1$0
CRYSTAL WALLERPRESIDENT
Trustee or director, Officer
1$0
LISA WHEELERVICE PRESIDE
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
1116 W 7TH ST PMB 184, COLUMBIA, TN 38401-1811
In care of
% GINA RUSSELL
Principal officer (990 for 2024)
CRYSTAL WALLER, 300 WEST 6TH STREET, COLUMBIA, TN 38401
Signed the 990
GINA RUSSELL, EXECUTIVE DIRECTOR
Phone
(931) 374-6754
Return prepared by
BLANKENSHIP CPA GROUP PLLC

Mission

WE OFFER MENTORED, SUSTAINABLE EMPLOYMENT WITH A COMPETITIVE WAGE TO ADULTS WITH SPECIAL NEEDS AND/OR DISABILITIES. WE RESELL GENTLY USED, DONATED CLOTHING, HOUSEHOLD GOODS, FURNITURE AND MORE TO MAXIMIZE FUNDS FOR THE MISSION.

990 for the year ended December 31, 2024

Program accomplishments

  • WE OFFER MENTORED, SUSTAINABLE EMPLOYMENT WITH A COMPETITIVE WAGE TO ADULTS WITH SPECIAL NEEDS AND/OR DISABILITIES. WE RESELL GENTLY USED, DONATED CLOTHING, HOUSEHOLD GOODS, FURNITURE AND MORE TO MAXIMIZE FUNDS FOR THE MISSION.
    Expenses $799,210 · revenue $788,259
  • WE OFFER MENTORED, SUSTAINABLE EMPLOYMENT WITH A COMPETITIVE WAGE TO ADULTS WITH SPECIAL NEEDS AND/OR DISABILITIES. WE RESELL GENTLY USED, DONATED CLOTHING, HOUSEHOLD GOODS, FURNITURE AND MORE TO MAXIMIZE FUNDS FOR THE MISSION.

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
85-3303443
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P29)
Assets (IRS master file)
$499,214
Income (IRS master file)
$936,978

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$825,465$805,197$499,214IRS
990December 2023$732,100$589,815$464,825IRS
990December 2022$537,641$333,214$322,565IRS
990December 2021–––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 85-3303443).

Questions about THRIFT LOVE

What is the EIN of THRIFT LOVE?
The employer identification number (EIN) of THRIFT LOVE is 85-3303443.
Is THRIFT LOVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to THRIFT LOVE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THRIFT LOVE 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 THRIFT LOVE 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 THRIFT LOVE 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 THRIFT LOVE?
The 990 for the year ended December 31, 2024 names CRYSTAL WALLER.
Who are the officers and directors of THRIFT LOVE?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $70,000 (GINA RUSSELL, EXECUTIVE DI).
How much revenue does THRIFT LOVE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $825,465, expenses of $805,197 and total assets of $499,214 at year end.

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