Thrift Shop Association of Monroe

Nonprofit profile at a glance

EIN
386064620
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Monroe, MI, USA
Phone
7342421082
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Thrift Shops

Reported finances

Revenue
$89,575
Expenses
$72,297
Assets
$432,557

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • BARBARA-AVENDT RHOADES (President)
  • Peggy Belliano (Vice President)
  • LOREY ROOP (Vice President)

People named in this filing

  • BARBARA-AVENDT RHOADES (President)
  • Peggy Belliano (Vice President)
  • LOREY ROOP (Vice President)

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

Scholarship funding

What it reported doing in 2024

Various community donations

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
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

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: 58
  • Transparency & Controls: 82
  • Sustainability: 66
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.4%; rating input score 53
  • Program expense ratio: 66.2%; rating input score 66

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 19.3%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 5.98; rating input score 86; 86th 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: 8% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 6.3% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 3.7% per year; rating input score 100; 53rd percentile among comparable filings

Details

  • Where the money goes: 53.4% of revenue deployed · 66.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $48K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2013 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.

  • Review — Financial Efficiency: Mission deployment rate scored 53/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.