Civic Intelligence

New Nearly New Inc.

EIN 85-2830817 • 501(c)3 • Durham, NC

Pub. 78 EligibleNTEE P29

Profile

New nearly new welcomes your donations of clothing, and other items such as household goods, jewelry and furniture. Our goal is to give free clothing and other items to people in need in the durham community. To support our endeavor, we will sell a portion of the donated items in our thrift store. Our intention is to give away at least one item for every item sold. We will rely on partner organizations who identify and work with those in need in our community to distribute our items for free. We also welcome your cash and in kind donations.

3167 Hillsborough RoadDurham, NC 27705

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

49th percentile

3.8%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

79th percentile

24%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

73rd percentile

27%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Down

$122,717

Down $20,308 (-14%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$122,717

Down $20,308 (-14%) from 2024

Revenue

Up

$956,935

Up $58,650 (+6.5%) from 2024

Expenses

Up

$977,243

Up $112,647 (+13%) from 2024

Net Income

Down

-$20,308

Down $53,997 (-160%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2020: $67,232Liabilities 2020: $0Net Assets 2020: $67,2322020Assets 2021: $110,995Liabilities 2021: $0Net Assets 2021: $110,9952021Assets 2022: $92,564Liabilities 2022: $0Net Assets 2022: $92,5642022Assets 2023: $109,336Liabilities 2023: $0Net Assets 2023: $109,3362023Assets 2024: $143,025Liabilities 2024: $0Net Assets 2024: $143,0252024Assets 2025: $122,717Liabilities 2025: $0Net Assets 2025: $122,7172025

Highlighted filing

2025

Assets$122,717
Liabilities$0
Net Assets$122,717

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2020: $125,511Expenses 2020: $58,279Net Income 2020: $67,2322020Revenue 2021: $540,588Expenses 2021: $496,825Net Income 2021: $43,7632021Revenue 2022: $560,862Expenses 2022: $579,293Net Income 2022: -$18,4312022Revenue 2023: $722,061Expenses 2023: $705,289Net Income 2023: $16,7722023Revenue 2024: $898,285Expenses 2024: $864,596Net Income 2024: $33,6892024Revenue 2025: $956,935Expenses 2025: $977,243Net Income 2025: -$20,3082025

Highlighted filing

2025

Revenue$956,935
Expenses$977,243
Net Income-$20,308

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Apr 22, 2026
Return Version
2025v4.1
Gross Receipts
$956,935
Mission and Program Overview

Mission

New nearly new welcomes your donations of clothing, and other items such as household goods, jewelry and furniture. Our goal is to give free clothing and other items to people in need in the durham community. To support our endeavor, we will sell a portion of the donated items in our thrift store. Our intention is to give away at least one item for every item sold. We will rely on partner organizations who identify and work with those in need in our community to distribute our items for free. We also welcome your cash and in kind donations.

New nearly new welcomes your donations of clothing, and other items such as household goods, jewelry and furniture. Our goal is to give free clothing and other items to people in need in the durham community and north carolina community. To support our endeavor, we will sell a portion of the donated items in our thrift store. Our intention is to give away at least one item for every item sold. We will rely on partner organizations who identify and work with those in need in our community to distribute our items for free. We also welcome your cash and in kind donations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$143,025$122,717▼ $20,308
Land, Buildings, and Equipment, Net$68,681$62,023▼ $6,658
Cash and Non-Interest-Bearing Accounts$72,491$58,746▼ $13,745
Accounts Receivable$1,853$1,948▲ $95
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$143,025$122,717▼ $20,308
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$143,025$122,717▼ $20,308
Total Liabilities and Net Assets / Fund Balance$143,025$122,717▼ $20,308

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$58,358$28,054$86,412
Equipment$3,665$2,617$6,282
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa G ClarkSecretary / Store ManagerFT$81,900$11,262$93,162

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$90,900
Program Service Revenue
$866,035
Investment Income
$0
Other Revenue
$0
All Other Contributions
$90,900
Change in Net Assets
$-20,308
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$645,057
Other Expenses$332,186
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$419,525--$419,525
Occupancy$205,488--$205,488
Current Officers, Directors, Trustees, and Key Employees$46,581$46,581-$93,162
Other Employee Benefits$75,994--$75,994
Advertising$68,103--$68,103
Payroll Taxes$52,567$3,809-$56,376
Office Expenses$12,475--$12,475
Depreciation Depletion-$6,658-$6,658
Fees for Services Accounting-$3,995-$3,995
Insurance$3,405--$3,405
Fees for Services Other-$3,189-$3,189
Fees for Services Legal-$939-$939
Other Expenses$5,583$707-$707
Total Functional Expenses$911,365$65,878$0$977,243
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
Shane BoatrightFamily Member of Charles Boatright, Board Vice ChairEmployed by Organization. Salary Was Approved by Board and Is Paid at Market Rate. Family Members Not Involved in Pay Rate Decision.No$30,960
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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, Part VI, Section B, Line 11B

A copy will be emailed to all parties with a request to submit any questions or comments. If none, then a request for permission to submit.

Form 990, Part VI, Section C, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
New Nearly New Inc
EIN
85-2830817
Phone
9197484444
Address
3167 HILLSBOROUGH ROAD, DURHAM, NC 27705

Signing Officer

Name
Stacey Mccorison
Title
Treasurer
Phone
9197484444
Signed
2026-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stacey Mccorison
Formed
2020
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
3
Employees
38
Volunteers
12

Preparer

Firm
Blackman & Sloop Advisors Inc
Address
1414 RALEIGH ROAD SUITE 300, CHAPEL HILL, NC 27517
Preparer
Elizabeth Mauch
Phone
9199428700
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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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IRS990/Desc0IN 2025, WE CONTINUED TO DEVELOP RELATIONSHIPS WITH CUSTOMERS, DONORS AND PARTNERS. WE CONTINUED OUR VISION TO SERVE OUR COMMUNITY BOTH LOCALLY AND STATE-WIDE. OUR GOAL TO GIVE AWAY ONE ITEM FOR EVERY ITEM SOLD IS COMING TO FRUITION WHILE PROVIDING JOBS TO A FEW INDIVIDUALS, PROVIDING VOLUNTEER OPPORTUNITIES TO SOME, PROVIDING A GOOD, CLEAN, SAFE PLACE TO DONATE ITEMS (BOTH NEW AND USED) AND IMPORTANTLY TO OFFER A PLACE FOR OUR COMMUNITY TO SHOP AT REDUCED RATES FOR CLOTHES AND HOUSEHOLD ITEMS. ALL OF OUR REVENUE IS GARNERED FROM THE SALE OF THE ITEMS WHICH IN TURN SUPPORTS OPERATING EXPENSES OF THE FACILITY.2025 ACCOMPLISHMENTS:- PROVIDE SHEETS AND FABRIC TO THE TRINITY LUTHERAN CHURCH QUILTING GROUP THAT MAKES QUILTS FOR HOMELESS AND KIDS WITHOUT BEDS.- PROVIDE BABY, CHILDREN AND ADULT DIAPERS TO DURHAM PUBLIC SCHOOL SPECIAL EDUCATION DEPARTMENT.- WORK WITH JUSTICE SERVICES TO PROVIDE CLOTHING AND NECESSARY ITEMS FOR NEWLY RELEASED INMATES.- CONTINUE TO PROVIDE CLOTHING, BOOKS AND HOUSEHOLD ITEMS TO WESTERN CAROLINA MINISTRIES.- REFUGEE SUPPORT IN PROVIDING CLOTHING DISCREETLY THROUGH CHURCH SPONSORED REFUGEE PROGRAMS.- ST. JOSEPH'S EPISCOPAL CHURCH'S BREAKFAST PROGRAM- DURHAM COMMUNITY SAFETY PROGRAM- DURHAM CRISIS RESPONSE CENTER-WOMEN'S CRISIS CENTER- HEART OUTREACH PROGRAM OF DURHAM- CAROLINA OUTREACH PROGRAM- DURHAM POLICE DEPARTMENT- VICTORIOUS OUTCOMES- A TRANSITIONAL HOUSING PROGRAM- DONATIONS TO REACHING ALL MINDS ACADEMY.- DONATIONS TO EXCELSIOR CLASSICAL ACADEMY EXCEPTIONAL CHILDREN CLASSROOMS- CONTINUE TO EMPLOY UP TO 17 EMPLOYEES FROM OUR COMMUNITY.- GAVE 461 VOUCHERS FOR A TOTAL OF $26,386 IN CLOTHES AND SUPPLIES TO INDIVIDUALS IDENTIFIED BY OUR CHARITABLE PARTNER AS NEEDING ASSISTANCE.
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0179625
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0252500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0718025
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0956935
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0898285
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0722061
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0560862
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0540588
IRS990ScheduleA/Total509Grp/TotalAmt03678731
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0956935
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0898285
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0722061
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0560862
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0540588
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03678731
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt03665
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02617
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06282
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt058358
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt028054
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt086412
IRS990ScheduleD/TotalBookValueLandBuildingsAmt062023
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SHANE BOATRIGHT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FAMILY MEMBER OF CHARLES BOATRIGHT, BOARD VICE CHAIR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt030960
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0EMPLOYED BY ORGANIZATION. SALARY WAS APPROVED BY BOARD AND IS PAID AT MARKET RATE. FAMILY MEMBERS NOT INVOLVED IN PAY RATE DECISION.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY WILL BE EMAILED TO ALL PARTIES WITH A REQUEST TO SUBMIT ANY QUESTIONS OR COMMENTS. IF NONE, THEN A REQUEST FOR PERMISSION TO SUBMIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0143025
IRS990/TotalAssetsEOYAmt0122717
IRS990/TotalAssetsGrp/BOYAmt0143025
IRS990/TotalAssetsGrp/EOYAmt0122717
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt090900
IRS990/TotalEmployeeCnt038
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt065878
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0911365
IRS990/TotalFunctionalExpensesGrp/TotalAmt0977243
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0143025
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0122717
IRS990/TotalOtherCompensationAmt011262
IRS990/TotalProgramServiceExpensesAmt0911365
IRS990/TotalProgramServiceRevenueAmt0866035
IRS990/TotalReportableCompFromOrgAmt081900
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0866035
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0956935
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0143025
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0122717
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03167 HILLSBOROUGH ROAD
IRS990/USAddress/CityNm0DURHAM
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027705
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.NEWNEARLYNEW.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STACEY MCCORISON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09197484444
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-04-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW NEARLY NEW INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWN
ReturnHeader/Filer/EIN0852830817
ReturnHeader/Filer/PhoneNum09197484444
ReturnHeader/Filer/USAddress/AddressLine1Txt03167 HILLSBOROUGH ROAD
ReturnHeader/Filer/USAddress/CityNm0DURHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027705
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561304727
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLACKMAN & SLOOP ADVISORS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01414 RALEIGH ROAD SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHAPEL HILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027517
ReturnHeader/PreparerPersonGrp/PhoneNum09199428700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIZABETH MAUCH
ReturnHeader/ReturnTs02026-04-22T12:10:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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