ReUse Market Inc
Nonprofit profile at a glance
- EIN
- 204210376
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Boise, ID, USA
- Phone
- 2087175103
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Recycling Programs
Reported finances
- Revenue
- $82,572
- Expenses
- $24,755
- Assets
- $159,709
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Joan Scofield (President)
- Pamela Lane (Vice President)
People named in this filing
- Joan Scofield (President)
- Pamela Lane (Vice President)
- Germaine Howson (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The goal of the ReUse Market is to keep clean, reusable art/craft materials out of the landfill and put them into the hands of artists, crafters, teachers, and others who can repurpose them into imaginative works of art as well as useful personal or household items. Part of this mission includes education and outreach to the public about reusing creative materials and reducing waste
What it reported doing in 2024
In 2024 The ReUse Market diverted 7.29 tons of creative materials from the landfill (up from 6.6 tons in 2023) and continued community outreach to educate the public about its mission.Community outreach included speaking with attendees and sponsoring cash prizes for the Repurposed Quilt category at the Boise Basin Quilter's Guild annual quilt show, organizing school field trips to visit The Market, hosting a craft event for attendees of the Ada County Kid's Duathlon (318 participants and over 1000 attendees) and offering take-away crafts during events hosted by the North End Organic Nursery (30-45 crafts built at each event) as well as our monthly demonstrations in The Market.The ReUse Market also provides free and greatly discounted supplies to hundreds of educators across the Treasure Valley, as well as other nonprofit and charity endeavors such as the Girl Scouts, Project Linus, Case for Smiles, Boise Little Theater, the Idaho Nonprofit Center and Treefort, to name just a few.Funds generated through the retail Market have been placed in reserve to support the long-term growth and sustainability of The ReUse Market. Reserve funding will be used for moving to a more permanent and accessible location that allows space for continued and expanded community outreach and educational offerings.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 82
- Sustainability: 77
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30%; rating input score 30
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 70%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 6.45; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 43.8% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 29.3% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 44.2% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 30% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $25K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.