Civic Intelligence

Ruth'S Reusable Resources

990 • Fiscal year 2024 • EIN 04-3389715

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 02, 2025

39 Blueberry RoadPortland, ME 04102

(207) 669-5565

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$1,047,427

Down $23,093 (-2.2%) from 2023

Net Assets

Down

$826,427

Down $14,201 (-1.7%) from 2023

Liabilities

Down

$221,000

Down $8,892 (-3.9%) from 2023

Revenue And Expenses

Revenue

Down

$955,217

Down $255,165 (-21%) from 2023

Expenses

Down

$969,418

Down $301,903 (-24%) from 2023

Net Income

Up

-$14,201

Up $46,738 (+77%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $1,427,461Liabilities 2011: $367,503Net Assets 2011: $1,059,9582011Assets 2012: $1,397,493Liabilities 2012: $351,420Net Assets 2012: $1,046,0732012Assets 2013: $1,350,749Liabilities 2013: $333,235Net Assets 2013: $1,017,5142013Assets 2014: $1,316,704Liabilities 2014: $314,724Net Assets 2014: $1,001,9802014Assets 2015: $1,266,040Liabilities 2015: $307,686Net Assets 2015: $958,3542015Assets 2016: $1,220,471Liabilities 2016: $287,420Net Assets 2016: $933,0512016Assets 2017: $1,249,156Liabilities 2017: $257,318Net Assets 2017: $991,8382017Assets 2018: $1,287,000Liabilities 2018: $297,465Net Assets 2018: $989,5352018Assets 2019: $1,222,289Liabilities 2019: $283,189Net Assets 2019: $939,1002019Assets 2020: $1,217,198Liabilities 2020: $320,470Net Assets 2020: $896,7282020Assets 2021: $1,235,595Liabilities 2021: $296,445Net Assets 2021: $939,1502021Assets 2022: $1,138,429Liabilities 2022: $236,862Net Assets 2022: $901,5672022Assets 2023: $1,070,520Liabilities 2023: $229,892Net Assets 2023: $840,6282023Assets 2024: $1,117,084Liabilities 2024: $222,341Net Assets 2024: $894,7432024Assets 2024: $1,047,427Liabilities 2024: $221,000Net Assets 2024: $826,4272024

Highlighted filing

2024

Assets$1,047,427
Liabilities$221,000
Net Assets$826,427

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $326,288Expenses 2011: $290,051Net Income 2011: $36,2372011Revenue 2012: $298,666Expenses 2012: $312,551Net Income 2012: -$13,8852012Revenue 2013: $285,970Expenses 2013: $314,529Net Income 2013: -$28,5592013Revenue 2014: $330,202Expenses 2014: $345,736Net Income 2014: -$15,5342014Revenue 2015: $325,461Expenses 2015: $369,087Net Income 2015: -$43,6262015Revenue 2016: $294,202Expenses 2016: $319,504Net Income 2016: -$25,3022016Revenue 2017: $397,992Expenses 2017: $339,205Net Income 2017: $58,7872017Revenue 2018: $371,564Expenses 2018: $373,867Net Income 2018: -$2,3032018Revenue 2019: $331,194Expenses 2019: $381,629Net Income 2019: -$50,4352019Revenue 2020: $385,673Expenses 2020: $428,045Net Income 2020: -$42,3722020Revenue 2021: $2,258,704Expenses 2021: $2,216,282Net Income 2021: $42,4222021Revenue 2022: $1,001,105Expenses 2022: $1,038,688Net Income 2022: -$37,5832022Revenue 2023: $1,210,382Expenses 2023: $1,271,321Net Income 2023: -$60,9392023Revenue 2024: $649,610Expenses 2024: $581,294Net Income 2024: $68,3162024Revenue 2024: $955,217Expenses 2024: $969,418Net Income 2024: -$14,2012024

Highlighted filing

2024

Revenue$955,217
Expenses$969,418
Net Income-$14,201
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 2, 2025
Return Version
2023v6.0
Gross Receipts
$955,217
Mission and Program Overview

Mission

To ensure that students in maine have the basic tools for learning by transfrring surplus business supplies and equipment to the classroom and students.

To ensure that students have the basic tools for education through donated supplies

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,022,779$989,264▼ $33,515
Savings and Temporary Cash Investments$42,341$30,227▼ $12,114
Cash and Non-Interest-Bearing Accounts$5,400$27,301▲ $21,901
Total Assets$1,070,520$1,047,427▼ $23,093
Other Assets Total$0$635▲ $635
Liabilities
Mortgage Notes Payable Secured by Investment Property$229,716$214,903▼ $14,813
Accounts Payable and Accrued Expenses$176$6,097▲ $5,921
Total Liabilities$229,892$221,000▼ $8,892
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$840,628$826,427▼ $14,201
Total Net Assets Fund Balance$840,628$826,427▼ $14,201
Total Liabilities and Net Assets / Fund Balance$1,070,520$1,047,427▼ $23,093

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$744,329$544,112$1,288,441
Land$244,935-$244,935
Equipment$0$79,638$79,638
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ruth LibbyExecutive DirectorFT$49,920$12,624$62,544

Board Members and Trustees

NameTitle
Robin DayBoard Chair
Jody DuranBoard Chair (thru Nov 2023)
Al BakerBoard Member
Casey MurphyBoard Member
Ash SmithBoard Member (thru Nov 2023)
Jill AlbersBoard Member (thru Nov 2023)
Martha FrostBoard Member (thru Nov 2023)
Carla BarronSecretary
Brenda HarrisonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$599,903
Program Service Revenue
$354,710
Investment Income
$494
Other Revenue
$110
All Other Contributions
$599,903
Change in Net Assets
$-14,201

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table15$239,132Book Value
Books and Publications-$199,134Book Value
Other Non Cash Contri Table5$24,665Book Value
Other Non Cash Contri Table17$21,161Book Value
Other Non Cash Contri Table200$10,990Book Value
Total Noncash Contributions237$495,082-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$681,823
Salaries, Compensation, and Employee Benefits$287,595
Total Fundraising Expense$26,053
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$149,686$39,916$9,979$199,581
Current Officers, Directors, Trustees, and Key Employees$24,921$24,921$12,460$62,302
Occupancy$30,185$10,062-$40,247
Depreciation Depletion$25,136$8,379-$33,515
Travel$30,156--$30,156
Payroll Taxes$15,930$4,248$1,062$21,240
Interest-$10,291-$10,291
Fees for Services Other$9,777--$9,777
Insurance$5,106$1,702-$6,808
Other Employee Benefits$3,354$894$224$4,472
Office Expenses$3,114$830$208$4,152
Advertising--$2,120$2,120
Fees for Services Accounting-$1,880-$1,880
Other Expenses$1,824--$1,824
Information Technology$1,693--$1,693
Total Functional Expenses$840,242$103,123$26,053$969,418
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Family Member of Ruth Libby, Executive DirectorDESCRIPTION OF TRANSACTION: THOMAS A. LIBBY WAS EMPLOYED BY THE ORGANIZATION DURING 2023 AND RECEIVED WAGES FOR HIS SERVICES. THOMAS A. LIBBY ALSO SHARES A FAMILY-RELATIONSHIP WITH RUTH LIBBY, THE ORGANIZATION'S EXECUTIVE DIRECTOR, AS DEFINED BY THE IRS INSTRUCTIONS FOR FORM 990 AND SCHEDULE L. THE COMPENSATION PAID TO THOMAS A. LIBBY DURING 2023 WAS CONSIDERED REASONABLE, APPROPRIATE, AND CONSISTENT WITH THE FAIR MARKET VALUE OF THE SERVICES HE PROVIDED, AND IS COMPARABLE TO WAGES PAID IN PREVIOUS YEARS FOR SIMILAR SERVICES. THOMAS LIBBY WAS PAID $40,051, AS BASED ON HIS 2023 FORM W-2, BOX 5 WAGES, IN 2023 FOR HIS SERVICES AS AN EMPLOYEE OF THE ORGANIZATION.No$40,051
-Family Member of Ruth Libby, Executive DirectorDESCRIPTION OF TRANSACTION: RICHARD J. DEVEAU WAS EMPLOYED BY THE ORGANIZATION DURING 2023 AND RECEIVED WAGES FOR HIS SERVICES. RICHARD J. DEVEAU ALSO SHARES A FAMILY-RELATIONSHIP WITH RUTH LIBBY, THE ORGANIZATION'S EXECUTIVE DIRECTOR, AS DEFINED BY THE IRS INSTRUCTIONS FOR FORM 990 AND SCHEDULE L. THE COMPENSATION PAID TO RICHARD DEVEAU DURING 2023 WAS CONSIDERED REASONABLE, APPROPRIATE, AND CONSISTENT WITH THE FAIR MARKET VALUE OF THE SERVICES HE PROVIDED, AND IS COMPARABLE TO WAGES PAID IN PREVIOUS YEARS FOR SIMILAR SERVICES. RICHARD DEVEAU WAS PAID $6,599 FOR HEALTH INSURANCE AND $24,889, AS BASED ON HIS 2023 FORM W-2, BOX 5 WAGES, IN 2023 FOR HIS SERVICES AS AN EMPLOYEE OF THE ORGANIZATION TOTALING $31,488.No$31,488
-Family Member of Ruth Libby, Executive DirectorDESCRIPTION OF TRANSACTION: ROSANNE J. STILES WAS EMPLOYED BY THE ORGANIZATION DURING 2023 AND RECEIVED WAGES FOR HER SERVICES. ROSANNE J. STILES ALSO SHARES A FAMILY-RELATIONSHIP WITH RUTH LIBBY, THE ORGANIZATION'S EXECUTIVE DIRECTOR, AS DEFINED BY THE IRS INSTRUCTIONS FOR FORM 990 AND SCHEDULE L. THE COMPENSATION PAID TO ROSANNE J. STILES DURING 2023 WAS CONSIDERED REASONABLE, APPROPRIATE, AND CONSISTENT WITH THE FAIR MARKET VALUE OF THE SERVICES SHE PROVIDED, AND IS COMPARABLE TO WAGES PAID IN PREVIOUS YEARS FOR SIMILAR SERVICES. ROSANNE J. STILES WAS PAID $15,164, AS BASED ON HER 2023 FORM W-2, BOX 5 WAGES, IN 2023 FOR HER SERVICES AS AN EMPLOYEE OF THE ORGANIZATION.No$15,164
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

3rs bylaws were amended and the amendements were approved by the board in june 2024. Article iv: section 4: action without a meeting was replaced in its entirety to state clearly that actions "in writing" include electronic communications and to expand delivery of such communications to include electronic forms of delivery. Article iv: section 5: telephone and remote meetings was updated to expressly include video conferencing. Article iv: section 6: notice of meetings was amended to expressly add email as an acceptable form of commmunication. The amendments also changed the organization fiscal year to run concurrent to the calendar year beginning january 1, 2025. There were no other substantive changes to the bylaws.

Form 990, Part VI, Section B, Line 11B

After the initial draft of the form 990 was prepared for the 2023 form 990 (tax year ending june 31, 2024), the draft was circulated among the board's active officers and voting members. The 2023 form 990 was filed with the irs after all board members were given an opportunity to review and approve of the return.

Form 990, Part VI, Section B, Line 12C

Members of the organization's board of directors are required to submit to the organization a signed and dated conflict of interest statement on an annual basis. The organization's conflict of interest policy and statement requires members of the board to be aware of and compliant with the conflict of interest laws governing maine non-profit governance, as set forth in maine revised statues title 13-b, section 718; the organization's adopted and formal conflict of interest policy; and all associated policies and guidelines. Board members who become aware of a potential conflict of interest are required to disclose the conflict to the organization and to the board as they become knowledgeable of the conflict in a timely manner. Furthermore, such conflicts are to be documented in the official minutes of the organization's board meetings, and any board members at risk of being in a conflict of interest are to recuse themselves from any deliberations, transactions, or votes regarding the topic potentially in conflict.

Form 990, Part VI, Section B, Line 15

The organization's conflict of interest policy mandates that any voting member of the board who receives compensation from the organization, either directly or indirectly, is precluded from voting on matters pertaining to that member's compensation. Additionally, the board reserves the right and power to independently review and adjust the executive director's salary and the compensation of key employees from time-to-time, including on an annual basis. The board may impose adjustments to these salaries as the board sees appropriate. The board considers comparable wages paid by similar organizations, the fair market value of the services performed, and the required minimum compensation mandated by applicable state, federal, and local laws when determining any payroll adjustments.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
RUTH'S REUSABLE RESOURCES
EIN
04-3389715
Phone
2076695565
Address
39 BLUEBERRY ROAD, PORTLAND, ME 04102

Signing Officer

Name
Ruth Libby
Title
Executive Director
Phone
2076695565
Signed
2025-04-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ruth Libby
Formed
1997
Legal Domicile
Me
Voting Board Members
5
Independent Board Members
5
Employees
16
Volunteers
482

Preparer

Firm
Wipfli Llp
Address
30 LONG CREEK DRIVE, SOUTH PORTLAND, ME 04106-2437
Preparer
Julia Howland CPA
Phone
2077745701
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A, Program Service Accomplishments

Ruth's reusable resources pursues its core mission to provide students with the supplies necessary for a quality education through five primary programs: 1. The teacher store 2. The computer re-life program 3. Tools for school backpack program 4. The 4public store 5. Environmental stewardship

THE TEACHER STORE PROGRAM:

The heart of 3rs operations, the teacher store functions as the hub of the organization's primary mission to provide school supplies and educational tools to teachers for use by students in their classrooms. Schools throughout new england may become a "member school" of 3rs. Membership allows teachers from member-schools to visit the store to "shop" (at no cost to the teacher) for school supplies, materials, and equipment. 3rs maintains a vast and wide variety of all manner of educational materials. Through its teacher store, 3rs is able to bolster and equip hundreds of classrooms with the supplies necessary to provide a quality education while lessening the financial burden placed on member-teachers. During the past fiscal year, 3rs provided teaching supplies to 178 schools, serving nearly 67,000 students.

COMPUTER RE-LIFE PROGRAM:

Ruth's reusable resources occasionally receives used, slightly dated, but still functional computer equipment from area businesses. The computer re-life program tests and cleans these donations for distribution to schools and other nonprofits throughout new england. The computer re-life program allows schools and non-profit organizations to acquire quality, ready-to-use computer equipment at costs far below market value. Without this program, many schools would not be able to offer adequate technology resources to their students. As online-learning and the need for internet-enabled technology becomes ever more ubiquitous, the computer re-life program's importance to 3rs and the community will only continue to grow.

TOOLS FOR SCHOOL BACKPACK PROGRAM:

Tools for school is an annual program in which 3rs fills backpacks with new school supplies and distributes them to low income students throughout the state of maine. The backpacks and many of the supplies to fill them are received as in kind donations. However, 3rs does purchase supplies in bulk when necessary to ensure that each backpack contains exactly the same supplies as every other backpack for a given grade range.

THE RECRAFT RECREATE & REUSE CENTER:

The recraft recreate & reuse center is a small, thrift-type store that is open to the general public. It is located in the same building as the teacher store, but is not limited to teachers. The recraft recreate & reuse center presents an eclectic selection of vintage merchandise, glassware, household supplies, party and wedding supplies, art and craft supplies, and more. The store provides a treasure trove for crafters, artists, and bargain hunters of all walks of life. Proceeds from the recraft recreate & reuse center help support 3rs' core programs while being a service to the community. While ultimately a small part of 3rs' overall operations, the recraft recreate & reuse center continues to further 3rs' missions of environmental stewardship and the reuse of discarded materials, while also funding 3rs' primary exempt mission. Online sales (amazon and ebay) was added as an extension of the recraft recreate & reuse center beginning in january 2024.

ENVIORNMENTAL STEWARDSHIP PROGRAM:

3rs solicits, collects, and redirects office materials, business and school supplies, and computer and scientific equipment away from landfills and into classrooms across new england. 3rs maintains a warehouse specifically designed to process, clean, and then redistribute donated items. Any materials that are not fit for educational purposes are broken down and repurposed or recycled. This process extends the life of still useable items, such as unwanted binders, notebooks, or slightly outdated computer equipment. By fulfilling its goal of environmental stewardship, 3rs is able to simultaneously provide supplies to students and teachers who could not otherwise afford to acquire them, while also reducing landfill waste. All products redistributed to schools or to the community through ruth's reusable resources were received as donations and gifts-in-kind; 3rs does not purchase any of its recycled or distributed supplies or equipment, with the exception of some nominal school supplies to ensure consistency and sufficient inventory to maintain the tools for school backpack program.

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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0THOMAS A LIBBY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1ROSANNE J STILES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt2RICHARD J DEVEAU
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FAMILY MEMBER OF RUTH LIBBY, EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1FAMILY MEMBER OF RUTH LIBBY, EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2FAMILY MEMBER OF RUTH LIBBY, EXECUTIVE DIRECTOR
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0DESCRIPTION OF TRANSACTION: THOMAS A. LIBBY WAS EMPLOYED BY THE ORGANIZATION DURING 2023 AND RECEIVED WAGES FOR HIS SERVICES. THOMAS A. LIBBY ALSO SHARES A FAMILY-RELATIONSHIP WITH RUTH LIBBY, THE ORGANIZATION'S EXECUTIVE DIRECTOR, AS DEFINED BY THE IRS INSTRUCTIONS FOR FORM 990 AND SCHEDULE L. THE COMPENSATION PAID TO THOMAS A. LIBBY DURING 2023 WAS CONSIDERED REASONABLE, APPROPRIATE, AND CONSISTENT WITH THE FAIR MARKET VALUE OF THE SERVICES HE PROVIDED, AND IS COMPARABLE TO WAGES PAID IN PREVIOUS YEARS FOR SIMILAR SERVICES. THOMAS LIBBY WAS PAID $40,051, AS BASED ON HIS 2023 FORM W-2, BOX 5 WAGES, IN 2023 FOR HIS SERVICES AS AN EMPLOYEE OF THE ORGANIZATION.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1DESCRIPTION OF TRANSACTION: ROSANNE J. STILES WAS EMPLOYED BY THE ORGANIZATION DURING 2023 AND RECEIVED WAGES FOR HER SERVICES. ROSANNE J. STILES ALSO SHARES A FAMILY-RELATIONSHIP WITH RUTH LIBBY, THE ORGANIZATION'S EXECUTIVE DIRECTOR, AS DEFINED BY THE IRS INSTRUCTIONS FOR FORM 990 AND SCHEDULE L. THE COMPENSATION PAID TO ROSANNE J. STILES DURING 2023 WAS CONSIDERED REASONABLE, APPROPRIATE, AND CONSISTENT WITH THE FAIR MARKET VALUE OF THE SERVICES SHE PROVIDED, AND IS COMPARABLE TO WAGES PAID IN PREVIOUS YEARS FOR SIMILAR SERVICES. ROSANNE J. STILES WAS PAID $15,164, AS BASED ON HER 2023 FORM W-2, BOX 5 WAGES, IN 2023 FOR HER SERVICES AS AN EMPLOYEE OF THE ORGANIZATION.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2DESCRIPTION OF TRANSACTION: RICHARD J. DEVEAU WAS EMPLOYED BY THE ORGANIZATION DURING 2023 AND RECEIVED WAGES FOR HIS SERVICES. RICHARD J. DEVEAU ALSO SHARES A FAMILY-RELATIONSHIP WITH RUTH LIBBY, THE ORGANIZATION'S EXECUTIVE DIRECTOR, AS DEFINED BY THE IRS INSTRUCTIONS FOR FORM 990 AND SCHEDULE L. THE COMPENSATION PAID TO RICHARD DEVEAU DURING 2023 WAS CONSIDERED REASONABLE, APPROPRIATE, AND CONSISTENT WITH THE FAIR MARKET VALUE OF THE SERVICES HE PROVIDED, AND IS COMPARABLE TO WAGES PAID IN PREVIOUS YEARS FOR SIMILAR SERVICES. RICHARD DEVEAU WAS PAID $6,599 FOR HEALTH INSURANCE AND $24,889, AS BASED ON HIS 2023 FORM W-2, BOX 5 WAGES, IN 2023 FOR HIS SERVICES AS AN EMPLOYEE OF THE ORGANIZATION TOTALING $31,488.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RUTH'S REUSABLE RESOURCES PURSUES ITS CORE MISSION TO PROVIDE STUDENTS WITH THE SUPPLIES NECESSARY FOR A QUALITY EDUCATION THROUGH FIVE PRIMARY PROGRAMS: 1. THE TEACHER STORE 2. THE COMPUTER RE-LIFE PROGRAM 3. TOOLS FOR SCHOOL BACKPACK PROGRAM 4. THE 4PUBLIC STORE 5. ENVIRONMENTAL STEWARDSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE HEART OF 3RS OPERATIONS, THE TEACHER STORE FUNCTIONS AS THE HUB OF THE ORGANIZATION'S PRIMARY MISSION TO PROVIDE SCHOOL SUPPLIES AND EDUCATIONAL TOOLS TO TEACHERS FOR USE BY STUDENTS IN THEIR CLASSROOMS. SCHOOLS THROUGHOUT NEW ENGLAND MAY BECOME A "MEMBER SCHOOL" OF 3RS. MEMBERSHIP ALLOWS TEACHERS FROM MEMBER-SCHOOLS TO VISIT THE STORE TO "SHOP" (AT NO COST TO THE TEACHER) FOR SCHOOL SUPPLIES, MATERIALS, AND EQUIPMENT. 3RS MAINTAINS A VAST AND WIDE VARIETY OF ALL MANNER OF EDUCATIONAL MATERIALS. THROUGH ITS TEACHER STORE, 3RS IS ABLE TO BOLSTER AND EQUIP HUNDREDS OF CLASSROOMS WITH THE SUPPLIES NECESSARY TO PROVIDE A QUALITY EDUCATION WHILE LESSENING THE FINANCIAL BURDEN PLACED ON MEMBER-TEACHERS. DURING THE PAST FISCAL YEAR, 3RS PROVIDED TEACHING SUPPLIES TO 178 SCHOOLS, SERVING NEARLY 67,000 STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RUTH'S REUSABLE RESOURCES OCCASIONALLY RECEIVES USED, SLIGHTLY DATED, BUT STILL FUNCTIONAL COMPUTER EQUIPMENT FROM AREA BUSINESSES. THE COMPUTER RE-LIFE PROGRAM TESTS AND CLEANS THESE DONATIONS FOR DISTRIBUTION TO SCHOOLS AND OTHER NONPROFITS THROUGHOUT NEW ENGLAND. THE COMPUTER RE-LIFE PROGRAM ALLOWS SCHOOLS AND NON-PROFIT ORGANIZATIONS TO ACQUIRE QUALITY, READY-TO-USE COMPUTER EQUIPMENT AT COSTS FAR BELOW MARKET VALUE. WITHOUT THIS PROGRAM, MANY SCHOOLS WOULD NOT BE ABLE TO OFFER ADEQUATE TECHNOLOGY RESOURCES TO THEIR STUDENTS. AS ONLINE-LEARNING AND THE NEED FOR INTERNET-ENABLED TECHNOLOGY BECOMES EVER MORE UBIQUITOUS, THE COMPUTER RE-LIFE PROGRAM'S IMPORTANCE TO 3RS AND THE COMMUNITY WILL ONLY CONTINUE TO GROW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TOOLS FOR SCHOOL IS AN ANNUAL PROGRAM IN WHICH 3RS FILLS BACKPACKS WITH NEW SCHOOL SUPPLIES AND DISTRIBUTES THEM TO LOW INCOME STUDENTS THROUGHOUT THE STATE OF MAINE. THE BACKPACKS AND MANY OF THE SUPPLIES TO FILL THEM ARE RECEIVED AS IN KIND DONATIONS. HOWEVER, 3RS DOES PURCHASE SUPPLIES IN BULK WHEN NECESSARY TO ENSURE THAT EACH BACKPACK CONTAINS EXACTLY THE SAME SUPPLIES AS EVERY OTHER BACKPACK FOR A GIVEN GRADE RANGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE RECRAFT RECREATE & REUSE CENTER IS A SMALL, THRIFT-TYPE STORE THAT IS OPEN TO THE GENERAL PUBLIC. IT IS LOCATED IN THE SAME BUILDING AS THE TEACHER STORE, BUT IS NOT LIMITED TO TEACHERS. THE RECRAFT RECREATE & REUSE CENTER PRESENTS AN ECLECTIC SELECTION OF VINTAGE MERCHANDISE, GLASSWARE, HOUSEHOLD SUPPLIES, PARTY AND WEDDING SUPPLIES, ART AND CRAFT SUPPLIES, AND MORE. THE STORE PROVIDES A TREASURE TROVE FOR CRAFTERS, ARTISTS, AND BARGAIN HUNTERS OF ALL WALKS OF LIFE. PROCEEDS FROM THE RECRAFT RECREATE & REUSE CENTER HELP SUPPORT 3RS' CORE PROGRAMS WHILE BEING A SERVICE TO THE COMMUNITY. WHILE ULTIMATELY A SMALL PART OF 3RS' OVERALL OPERATIONS, THE RECRAFT RECREATE & REUSE CENTER CONTINUES TO FURTHER 3RS' MISSIONS OF ENVIRONMENTAL STEWARDSHIP AND THE REUSE OF DISCARDED MATERIALS, WHILE ALSO FUNDING 3RS' PRIMARY EXEMPT MISSION. ONLINE SALES (AMAZON AND EBAY) WAS ADDED AS AN EXTENSION OF THE RECRAFT RECREATE & REUSE CENTER BEGINNING IN JANUARY 2024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt53RS SOLICITS, COLLECTS, AND REDIRECTS OFFICE MATERIALS, BUSINESS AND SCHOOL SUPPLIES, AND COMPUTER AND SCIENTIFIC EQUIPMENT AWAY FROM LANDFILLS AND INTO CLASSROOMS ACROSS NEW ENGLAND. 3RS MAINTAINS A WAREHOUSE SPECIFICALLY DESIGNED TO PROCESS, CLEAN, AND THEN REDISTRIBUTE DONATED ITEMS. ANY MATERIALS THAT ARE NOT FIT FOR EDUCATIONAL PURPOSES ARE BROKEN DOWN AND REPURPOSED OR RECYCLED. THIS PROCESS EXTENDS THE LIFE OF STILL USEABLE ITEMS, SUCH AS UNWANTED BINDERS, NOTEBOOKS, OR SLIGHTLY OUTDATED COMPUTER EQUIPMENT. BY FULFILLING ITS GOAL OF ENVIRONMENTAL STEWARDSHIP, 3RS IS ABLE TO SIMULTANEOUSLY PROVIDE SUPPLIES TO STUDENTS AND TEACHERS WHO COULD NOT OTHERWISE AFFORD TO ACQUIRE THEM, WHILE ALSO REDUCING LANDFILL WASTE. ALL PRODUCTS REDISTRIBUTED TO SCHOOLS OR TO THE COMMUNITY THROUGH RUTH'S REUSABLE RESOURCES WERE RECEIVED AS DONATIONS AND GIFTS-IN-KIND; 3RS DOES NOT PURCHASE ANY OF ITS RECYCLED OR DISTRIBUTED SUPPLIES OR EQUIPMENT, WITH THE EXCEPTION OF SOME NOMINAL SCHOOL SUPPLIES TO ENSURE CONSISTENCY AND SUFFICIENT INVENTORY TO MAINTAIN THE TOOLS FOR SCHOOL BACKPACK PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt63RS BYLAWS WERE AMENDED AND THE AMENDEMENTS WERE APPROVED BY THE BOARD IN JUNE 2024. ARTICLE IV: SECTION 4: ACTION WITHOUT A MEETING WAS REPLACED IN ITS ENTIRETY TO STATE CLEARLY THAT ACTIONS "IN WRITING" INCLUDE ELECTRONIC COMMUNICATIONS AND TO EXPAND DELIVERY OF SUCH COMMUNICATIONS TO INCLUDE ELECTRONIC FORMS OF DELIVERY. ARTICLE IV: SECTION 5: TELEPHONE AND REMOTE MEETINGS WAS UPDATED TO EXPRESSLY INCLUDE VIDEO CONFERENCING. ARTICLE IV: SECTION 6: NOTICE OF MEETINGS WAS AMENDED TO EXPRESSLY ADD EMAIL AS AN ACCEPTABLE FORM OF COMMMUNICATION. THE AMENDMENTS ALSO CHANGED THE ORGANIZATION FISCAL YEAR TO RUN CONCURRENT TO THE CALENDAR YEAR BEGINNING JANUARY 1, 2025. THERE WERE NO OTHER SUBSTANTIVE CHANGES TO THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AFTER THE INITIAL DRAFT OF THE FORM 990 WAS PREPARED FOR THE 2023 FORM 990 (TAX YEAR ENDING JUNE 31, 2024), THE DRAFT WAS CIRCULATED AMONG THE BOARD'S ACTIVE OFFICERS AND VOTING MEMBERS. THE 2023 FORM 990 WAS FILED WITH THE IRS AFTER ALL BOARD MEMBERS WERE GIVEN AN OPPORTUNITY TO REVIEW AND APPROVE OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS ARE REQUIRED TO SUBMIT TO THE ORGANIZATION A SIGNED AND DATED CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND STATEMENT REQUIRES MEMBERS OF THE BOARD TO BE AWARE OF AND COMPLIANT WITH THE CONFLICT OF INTEREST LAWS GOVERNING MAINE NON-PROFIT GOVERNANCE, AS SET FORTH IN MAINE REVISED STATUES TITLE 13-B, SECTION 718; THE ORGANIZATION'S ADOPTED AND FORMAL CONFLICT OF INTEREST POLICY; AND ALL ASSOCIATED POLICIES AND GUIDELINES. BOARD MEMBERS WHO BECOME AWARE OF A POTENTIAL CONFLICT OF INTEREST ARE REQUIRED TO DISCLOSE THE CONFLICT TO THE ORGANIZATION AND TO THE BOARD AS THEY BECOME KNOWLEDGEABLE OF THE CONFLICT IN A TIMELY MANNER. FURTHERMORE, SUCH CONFLICTS ARE TO BE DOCUMENTED IN THE OFFICIAL MINUTES OF THE ORGANIZATION'S BOARD MEETINGS, AND ANY BOARD MEMBERS AT RISK OF BEING IN A CONFLICT OF INTEREST ARE TO RECUSE THEMSELVES FROM ANY DELIBERATIONS, TRANSACTIONS, OR VOTES REGARDING THE TOPIC POTENTIALLY IN CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE ORGANIZATION'S CONFLICT OF INTEREST POLICY MANDATES THAT ANY VOTING MEMBER OF THE BOARD WHO RECEIVES COMPENSATION FROM THE ORGANIZATION, EITHER DIRECTLY OR INDIRECTLY, IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. ADDITIONALLY, THE BOARD RESERVES THE RIGHT AND POWER TO INDEPENDENTLY REVIEW AND ADJUST THE EXECUTIVE DIRECTOR'S SALARY AND THE COMPENSATION OF KEY EMPLOYEES FROM TIME-TO-TIME, INCLUDING ON AN ANNUAL BASIS. THE BOARD MAY IMPOSE ADJUSTMENTS TO THESE SALARIES AS THE BOARD SEES APPROPRIATE. THE BOARD CONSIDERS COMPARABLE WAGES PAID BY SIMILAR ORGANIZATIONS, THE FAIR MARKET VALUE OF THE SERVICES PERFORMED, AND THE REQUIRED MINIMUM COMPENSATION MANDATED BY APPLICABLE STATE, FEDERAL, AND LOCAL LAWS WHEN DETERMINING ANY PAYROLL ADJUSTMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1THE TEACHER STORE PROGRAM:

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.12$0.22$0.89$0.65$0.58$0.07
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.22$0.83$0.96$0.97$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.07$0.23$0.84$1.21$1.27$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.24$0.90$1.00$1.04$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.24$0.30$0.94$2.26$2.22$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.22$0.32$0.90$0.39$0.43$0.04
2019Summary only. Only limited summary data is available for this year.$1.22$0.28$0.94$0.33$0.38$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.30$0.99$0.37$0.37$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.25$0.26$0.99$0.40$0.34$0.06
2016Summary only. Only limited summary data is available for this year.$1.22$0.29$0.93$0.29$0.32$0.03
2015Summary only. Only limited summary data is available for this year.$1.27$0.31$0.96$0.33$0.37$0.04
2014Summary only. Only limited summary data is available for this year.$1.32$0.31$1.00$0.33$0.35$0.02
2013Summary only. Only limited summary data is available for this year.$1.35$0.33$1.02$0.29$0.31$0.03
2012Summary only. Only limited summary data is available for this year.$1.40$0.35$1.05$0.30$0.31$0.01
2011Summary only. Only limited summary data is available for this year.$1.43$0.37$1.06$0.33$0.29$0.04