Nonprofit · EIN 92-1263656
ABUNDANT THRIFT INC
Tax-exempt · BLOOMINGTON, IL 61701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $250,270 | $263,941 | -$13,671 | -$4,327 | $2,212 | -$6,539 |
| December 31, 2023 | 990 | $253,161 | $236,713 | $16,448 | $9,150 | $2,018 | $7,132 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,869
- Program service revenue
- $245,401
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $31,200
- Other salaries and wages
- $55,846
- Salaries, compensation and benefits (total)
- $94,233
- Professional fundraising fees
- $0
- Legal fees
- $15
- Accounting fees
- $4,650
- Occupancy
- $124,601
- Program services (functional)
- $262,638
- Management and general (functional)
- $1,303
Balance sheet and other
- Total assets, start of year
- $9,150
- Total assets, end of year
- -$4,327
- Total liabilities, end of year
- $2,212
- Net assets, end of year
- -$6,539
- Gross receipts
- $250,270
- Employees
- 7
- Volunteers
- 80
- Year formed
- 2023
- State of legal domicile
- IL
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT HANY | TREASURER Trustee or director, Officer | 40 | $31,200 |
| CHARLES AHRENS | PRESIDENT Trustee or director, Officer | 10 | $0 |
| ROY KOONCE | SECRETARY Trustee or director, Officer | 10 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT HANY | TREASURER Trustee or director, Officer | 40 | $25,200 |
| CHARLES AHRENS | PRESIDENT Trustee or director, Officer | 10 | $0 |
| ROY KOONCE | SECRETARY Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 108 E MARKET ST, BLOOMINGTON, IL 61701-4066
- In care of
- % ELIZABETH JOHNSON
- Principal officer (990 for 2024)
- CHARLES R AHRENS, 512 E MULBERRY ST, BLOOMINGTON, IL 61701
- Signed the 990
- CHARLES R AHRENS, PRESIDENT
- Phone
- (309) 706-5473
- Return prepared by
- Tax & Accounting Plus Inc
Mission
The purpose of our organization is to teach and preach the gospel to all people. The organization is organized and operated exclusively for religious purposes within the meaning of Section 501(c)
Program accomplishments
- THRIFT SHOP RAN BY VOLUNTEERS.Expenses $262,638 · revenue $245,401
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 | Not 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
- 92-1263656
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $4,327
- Income (IRS master file)
- $250,270
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $250,270 | $263,941 | -$4,327 | XML |
| 990 | December 2023 | $253,161 | $236,713 | $9,150 | XML |
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 92-1263656).
Questions about ABUNDANT THRIFT INC
- What is the EIN of ABUNDANT THRIFT INC?
- The employer identification number (EIN) of ABUNDANT THRIFT INC is 92-1263656.
- Is ABUNDANT THRIFT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to ABUNDANT THRIFT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ABUNDANT THRIFT 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 ABUNDANT THRIFT 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 ABUNDANT THRIFT 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 ABUNDANT THRIFT INC?
- The 990 for the year ended December 31, 2024 names CHARLES R AHRENS.
- Who are the officers and directors of ABUNDANT THRIFT INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $31,200 (ROBERT HANY, TREASURER).
- How much revenue does ABUNDANT THRIFT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $250,270, expenses of $263,941 and total assets of -$4,327 at year end.
Other nonprofits in BLOOMINGTON
- SPREAD TRUTH MINISTRIES INC EIN 37-1414019 · last filed 990 for 2024
- TINERVIN FAMILY FOUNDATION EIN 81-4374476 · last filed 990-PF for 2025
- JAMES W LUNDBERG PHILANTHROPIC TRUST EIN 52-6798969 · last filed 990-PF for 2025
- YWCA MCLEAN COUNTY FOUNDATION EIN 37-1262736 · last filed 990 for 2025
- CENTRAL ILLINOIS FIGURE SKATING CLUB EIN 90-0818313 · last filed 990-EZ for 2024
- SPARK INTERNATIONAL MISSIONS INC EIN 82-4630419 · last filed 990-EZ for 2025
- KINGDOM SEEKER MINISTRIES INC EIN 75-3150385 · last filed 990-N for 2025
- JONAH MINISTRIES EIN 87-1851716 · last filed 990-EZ for 2025