Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
New 2 U Thrift Center Inc
990 • Fiscal year 2012 • EIN 27-0489876
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.20x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
Down$53,091
Down $4,514 (-7.8%) from 2011
Net Assets
Up$42,381
Up $2,827 (+7.1%) from 2011
Liabilities
Down$10,710
Down $7,341 (-41%) from 2011
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$308,763
Up $38,224 (+14%) from 2011
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2012 to Dec 31, 2012
- Signed
- Sep 26, 2013
- Return Version
- 2012v2.3
- Gross Receipts
- $311,590
Mission and Program Overview
Mission
New 2 u thrift center is a not for profit organization dedicated to serving needy members of the community. Through the collection of re-saleable donated items, the thrift center is able to support children and families in need by providing clothing and household items. Net proceeds from the sale of donated items are also used to provide food and other necessary aid for low income families. The thrift center encourages people to volunteer and serve for the benefit of their community, state, the country and worldwide.
Filing and Contact Details
Filer
- EIN
- 27-0489876
Raw XML Appendix345 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleL/Form990ScheduleLPartV/Explanation | 0 | AN OFFICER OF THE BOARD ALLOWED NEW 2 U THRIFT CENTER INC TO USE A COMMERCIAL BUILDING THEY OWNED UNDER THE ARRANGEMENT THE BOARD MEMBER MADE SIGNIFICANT CAPITAL IMPROVEMENTS TO THE BUILDING AND ALLOWED THE ORGANIZATION TO UTILIZE THE SPACE AT A REDUCED RENT UNTIL THEY WERE FINANCIALLY STABLE DURING 2011 THE ORGANZATION PAID THE FAIR MARKET RENT FOR USE OF THE BUILDING AS STIPULATED IN THEIR LEASE AGREEMENT |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | NEW 2 U THRIFT CENTER IS A NOT FOR PROFIT ORGANIZATION DEDICATED TO SERVING NEEDY MEMBERS OF THE COMMUNITY. THROUGH THE COLLECTION OF RE-SALEABLE DONATED ITEMS, THE THRIFT CENTER IS ABLE TO SUPPORT CHILDREN AND FAMILIES IN NEED BY PROVIDING CLOTHING AND HOUSEHOLD ITEMS. NET PROCEEDS FROM THE SALE OF DONATED ITEMS ARE ALSO USED TO PROVIDE FOOD AND OTHER NECESSARY AID FOR LOW INCOME FAMILIES. THE THRIFT CENTER ENCOURAGES PEOPLE TO VOLUNTEER AND SERVE FOR THE BENEFIT OF THEIR COMMUNITY, STATE, THE COUNTRY AND WORLDWIDE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | THE USE OF VOLUNTEERS IS AN INTEGRAL PART OF OPERATING THE ORGANIZATION. THE VOLUNTEERS ASSIST IN THE THRIFT STORE BY SORTING ITEMS, HELP CUSTOMERS, STOCKING SHELVES AND OPERATING THE STORE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | EACH BOARD MEMBER RECEIVES A COPY OF THE 990 PRIOR TO ITS SUBMISSION. ONCE THEY HAVE HAD THE OPPORTUNITY OF REVIEWING THE TAX FILING, THEY ARE REQUIRED TO NOTIFY THE PRESIDENT OF THE BOARD AND THE EXECUTIVE DIRECTOR OF ANY CHANGES THAT ARE REQUIRED. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | EACH YEAR, BOARD MEMBERS REAFFIRM THIS POLICY AND DISCLOSE ANY CONFLICTS OF INTEREST. IF A CONFLICT OF INTEREST WERE TO ARISE, THE BOARD MEMBER WOULD BE ASKED TO EXPLAIN THEIR POSITION, AND THE BOARD WOULD DISCUSS THE IMPAIRMENT. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | THE OFFICE MAINTAINS A COPY OF THEIR ANNUAL 990 TAX RETURN. UPON REQUEST, THE PUBLIC CAN REQUEST TO REVIEW THE TAX RETURN, AND ANY GOVERNING DOCUMENTS. |
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| IRS990/YearFormation | 0 | 2009 |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
| ReturnHeader/Filer/EIN | 0 | 270489876 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | NEW 2 U THRIFT CENTER INC |
| ReturnHeader/Filer/NameControl | 0 | NEW2 |
| ReturnHeader/Filer/Phone | 0 | 7274654261 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 12945 114TH AVE N |
| ReturnHeader/Filer/USAddress/City | 0 | LARGO |
| ReturnHeader/Filer/USAddress/State | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 33774 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | false |
| ReturnHeader/Officer/DateSigned | 0 | 2013-09-26 |
| ReturnHeader/Officer/Name | 0 | SHERI NYMARK |
| ReturnHeader/Officer/Phone | 0 | 7274654261 |
| ReturnHeader/Officer/Title | 0 | TREASURER |
| ReturnHeader/Preparer/DatePrepared | 0 | 2013-11-01 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | MICHAEL E STEUER CPA PA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 1000 S BELCHER RD STE 7 |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | LARGO |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | FL |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 337713316 |
| ReturnHeader/Preparer/Name | 0 | MICHAEL E STEUER CPA |
| ReturnHeader/Preparer/Phone | 0 | 7277979000 |
| ReturnHeader/ReturnType | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2012-12-31 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2013-11-01T09:15:02-05:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $53,091
- Liabilities
- $10,710
- Net assets
- $42,381
- Revenue
- -
- Expenses
- $308,763
- Net income
- -