Civic Intelligence

Reclaimed Resale Inc.

990 • Fiscal year 2023 • EIN 46-5628708

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 01, 2024

407 E MT Vernon PO Box 731Metamora, IL 61548

(309) 696-5322

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.05x

Higher debt load relative to assets than 60% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

65th percentile

0.08x

Higher debt load relative to revenue than 65% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

66th percentile

14%

Higher net margin than 66% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

52nd percentile

4.6%

Faster asset growth than 52% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

51st percentile

8.4%

Faster revenue growth than 51% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$684,733

Flat from 2023

Net Assets

Flat

$649,404

Flat from 2023

Liabilities

Flat

$35,329

Flat from 2023

Revenue

Flat

$460,239

Flat from 2023

Expenses

Flat

$397,692

Flat from 2023

Net Income

Flat

$62,547

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $170,800Liabilities 2015: $96,6172015Assets 2016: $175,095Liabilities 2016: $79,4252016Assets 2017: $446,511Liabilities 2017: $251,807Net Assets 2017: $194,7042017Assets 2018: $458,927Liabilities 2018: $224,201Net Assets 2018: $234,7262018Assets 2019: $595,590Liabilities 2019: $156,321Net Assets 2019: $439,2692019Assets 2020: $610,816Liabilities 2020: $134,241Net Assets 2020: $476,5752020Assets 2021: $632,482Liabilities 2021: $106,795Net Assets 2021: $525,6872021Assets 2022: $654,513Liabilities 2022: $67,656Net Assets 2022: $586,8572022Assets 2023: $684,733Liabilities 2023: $35,329Net Assets 2023: $649,4042023Assets 2023: $684,733Liabilities 2023: $35,329Net Assets 2023: $649,4042023Assets 2024: $677,875Liabilities 2024: $0Net Assets 2024: $677,8752024

Highlighted filing

2023

Assets$684,733
Liabilities$35,329
Net Assets$649,404

Operations Trend

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

$600K$400K$200K$0Revenue 2015: $130,908Expenses 2015: $100,091Net Income 2015: $30,8172015Revenue 2016: $151,168Expenses 2016: $129,681Net Income 2016: $21,4872016Revenue 2017: $268,855Expenses 2017: $169,821Net Income 2017: $99,0342017Revenue 2018: $286,287Expenses 2018: $246,265Net Income 2018: $40,0222018Revenue 2019: $483,859Expenses 2019: $279,316Net Income 2019: $204,5432019Revenue 2020: $293,543Expenses 2020: $256,237Net Income 2020: $37,3062020Revenue 2021: $383,280Expenses 2021: $334,168Net Income 2021: $49,1122021Revenue 2022: $424,504Expenses 2022: $363,334Net Income 2022: $61,1702022Revenue 2023: $460,239Expenses 2023: $397,692Net Income 2023: $62,5472023Revenue 2023: $460,239Expenses 2023: $397,692Net Income 2023: $62,5472023Revenue 2024: $492,531Expenses 2024: $464,060Net Income 2024: $28,4712024

Highlighted filing

2023

Revenue$460,239
Expenses$397,692
Net Income$62,547
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 1, 2024
Return Version
2023v5.1
Gross Receipts
$460,239
Mission and Program Overview

Mission

Operation of a thrift store with net profits being donated to various students, families and charities in need.

Mission - accept donated goods and transform them into proceeds and gifts that enrich the quality of life for our students, families, and local charities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$472,597$475,629▲ $3,032
Savings and Temporary Cash Investments$130,632$130,879▲ $247
Cash and Non-Interest-Bearing Accounts$51,284$78,225▲ $26,941
Total Assets$654,513$684,733▲ $30,220
Liabilities
Mortgage Notes Payable Secured by Investment Property$67,656$35,329▼ $32,327
Total Liabilities$67,656$35,329▼ $32,327
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$571,857$634,404▲ $62,547
Net Assets With Donor Restrictions$15,000$15,000→ $0
Total Net Assets Fund Balance$586,857$649,404▲ $62,547
Total Liabilities and Net Assets / Fund Balance$654,513$684,733▲ $30,220

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$403,710$90,591$494,301
Land$70,750-$70,750
Equipment$1,169$22,597$23,766
Compensation and Service Providers

Board Members and Trustees

NameTitle
Frank GutweinPresident
Keith SwartzentruberVice-president
Anita CummingsDirector
Bryan ArgoDirector
Marty PayneDirector
Michael HasselbuschDirector
Kevin RauhExecutive Director
Richard S WinklerSecretarytreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$28,930
Program Service Revenue
$425,727
Investment Income
$97
Other Revenue
$5,485
All Other Contributions
$28,930
Change in Net Assets
$62,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$234,000
Salaries, Compensation, and Employee Benefits$93,241
Other Expenses$70,451
Total Fundraising Expense$4,159
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$234,000--$234,000
Comp Disqual Persons$56,740$15,131$3,783$75,654
Occupancy$31,023--$31,023
Depreciation Depletion$17,339$282-$17,621
Office Expenses$846$13,610-$14,456
Other Salaries and Wages$9,160--$9,160
Payroll Taxes$5,042$1,157$289$6,488
Insurance$3,786$199-$3,985
Interest-$2,062-$2,062
Other Employee Benefits$1,506$346$87$1,939
Other Expenses$1,304--$1,304
Total Functional Expenses$360,746$32,787$4,159$397,692
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Youth for Christ - Peoria AreaPeoria, IL-Operations$66,000
Metamora Weekend SnackpacMetamora, IL-Operations$19,500
Great Oaks Community ChurchMetamora, IL-Operations$13,500
Germantown Hills Grade School FoundGermantown Hills, IL-Operations$13,000
Metamora Grade School FoundationMetamora, IL-Operations$13,000
Mths Educational FundMetamora, IL-Operations$13,000
Riverview Grade SchoolEast Peoria, IL-Operations$13,000
St Marys Grade SchoolMetamora, IL-Operations$13,000
Open Arms Food PantryMetamora, IL-Operations$12,000
Spring Bay Food PantryEast Peoria, IL-Operations$12,000
Synder VillageMetamora, IL-Operations$12,000
HeartlinehearthouseEureka, IL-Operations$8,000
Christian Union ChurchMetamora, IL-Operations$6,000
St Marys Catholic ChurchMetamora, IL-Operations$6,000
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
Deborah RauhFamily of OfficerRegular PayrollNo$75,654
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990 governing body review Part VI line 11

Form 990 is prepared by a third-party accountant. The executive director reviews a draft copy of the form prior to filing with the irs. A copy of form 990 is available to board members prior to filing.

Governing documents etc available to public Part VI line 19

Documents are made available upon request

Filing and Contact Details

Filer

Filer Name
Reclaimed Resale Inc
EIN
46-5628708
Address
407 E MT VERNON PO BOX 731, METAMORA, IL 61548

Signing Officer

Name
Kevin Rauh
Title
Executive Direc
Phone
3096965322
Signed
2024-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Gutwein
Formed
2014
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
20

Preparer

Firm
Koch Consultants Ltd
Address
PO BOX 1400, TREMONT, IL 61568
Preparer
Nathan D Koch
Phone
3092673796
Supplemental Narrative

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

Management has analyzed tax positions taken and believes that income tax filing positions will more-likely-than-not be sustained upon examination by taxing authorities. Reclaimed resale, inc. Is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Reclaimed resale, inc. Believes it is no longer subject to income tax examinations for years prior to 2020.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt037684
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt029570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0189598
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0322072
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05582
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03182
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt060
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt083
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt098
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09005
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01714248
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.52870
IRS990ScheduleA/PublicSupportPY170Pct00.52620
IRS990ScheduleA/PublicSupportTotal170Amt0175044
IRS990ScheduleA/SubstantialContributorsTotAmt0147028
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt028930
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt036290
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt037684
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt029570
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0189598
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0322072
IRS990ScheduleA/TotalSupportAmt0331077
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0403710
IRS990ScheduleD/BuildingsGrp/DepreciationAmt090591
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0494301
IRS990ScheduleD/EquipmentGrp/BookValueAmt01169
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022597
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023766
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt070750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070750
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN AND BELIEVES THAT INCOME TAX FILING POSITIONS WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. RECLAIMED RESALE, INC. IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. RECLAIMED RESALE, INC. BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Footnote for uncertain tax position under FIN 48 (Part X)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0475629
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt012000
IRS990ScheduleI/RecipientTable/CashGrantAmt166000
IRS990ScheduleI/RecipientTable/CashGrantAmt28000
IRS990ScheduleI/RecipientTable/CashGrantAmt312000
IRS990ScheduleI/RecipientTable/CashGrantAmt419500
IRS990ScheduleI/RecipientTable/CashGrantAmt512000
IRS990ScheduleI/RecipientTable/CashGrantAmt613000
IRS990ScheduleI/RecipientTable/CashGrantAmt713000
IRS990ScheduleI/RecipientTable/CashGrantAmt813000
IRS990ScheduleI/RecipientTable/CashGrantAmt913000
IRS990ScheduleI/RecipientTable/CashGrantAmt106000
IRS990ScheduleI/RecipientTable/CashGrantAmt1113000
IRS990ScheduleI/RecipientTable/CashGrantAmt1213500
IRS990ScheduleI/RecipientTable/CashGrantAmt136000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SYNDER VILLAGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1YOUTH FOR CHRIST - PEORIA AREA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2HEARTLINEHEARTHOUSE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3SPRING BAY FOOD PANTRY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4METAMORA WEEKEND SNACKPAC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5OPEN ARMS FOOD PANTRY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6METAMORA GRADE SCHOOL FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7RIVERVIEW GRADE SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8ST MARYS GRADE SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9GERMANTOWN HILLS GRADE SCHOOL FOUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10CHRISTIAN UNION CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11MTHS EDUCATIONAL FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12GREAT OAKS COMMUNITY CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13ST MARYS CATHOLIC CHURCH
IRS990ScheduleI/RecipientTable/RecipientEIN0371194111
IRS990ScheduleI/RecipientTable/RecipientEIN1370811187
IRS990ScheduleI/RecipientTable/RecipientEIN2371151949
IRS990ScheduleI/RecipientTable/RecipientEIN3370696739
IRS990ScheduleI/RecipientTable/RecipientEIN4471391738
IRS990ScheduleI/RecipientTable/RecipientEIN5371023870
IRS990ScheduleI/RecipientTable/RecipientEIN6371285773
IRS990ScheduleI/RecipientTable/RecipientEIN7376015497
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IRS990ScheduleI/RecipientTable/RecipientEIN10370731411
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IRS990ScheduleI/RecipientTable/RecipientEIN12364131503
IRS990ScheduleI/RecipientTable/RecipientEIN13370661114
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01200 E PARTRIDGE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt14100 N BRANDYWINE DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2800 REAGAN DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3500 CHICAGO ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4PO BOX 663
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51200 W MOUNT VERNON ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6815 EAST CHATHAM
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71421 SPRING BAY RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8400 W CHATHAM
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9103 WARRIOR WAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt10925 W WALNUT
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11101 W MADISON
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12515 IL-116
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13415 W CHATHAM ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0METAMORA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1PEORIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm2EUREKA
IRS990ScheduleI/RecipientTable/USAddress/CityNm3EAST PEORIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm4METAMORA
IRS990ScheduleI/RecipientTable/USAddress/CityNm5METAMORA
IRS990ScheduleI/RecipientTable/USAddress/CityNm6METAMORA
IRS990ScheduleI/RecipientTable/USAddress/CityNm7EAST PEORIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm8METAMORA
IRS990ScheduleI/RecipientTable/USAddress/CityNm9GERMANTOWN HILLS
IRS990ScheduleI/RecipientTable/USAddress/CityNm10METAMORA
IRS990ScheduleI/RecipientTable/USAddress/CityNm11METAMORA
IRS990ScheduleI/RecipientTable/USAddress/CityNm12METAMORA
IRS990ScheduleI/RecipientTable/USAddress/CityNm13METAMORA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd11IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd12IL

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