VALLEY THRIFT SHOP INC: Form 990EZ, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
VALLEY THRIFT SHOP INC (EIN 06-0937002)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-06-08
IRS object ID
202331599349200518
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-06-08T21:57:52ZReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061104368PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1H AND R BLOCKBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1286 MAIN STAddressLine1Txt
CityWINSTEDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06098ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN060937002EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VALLEY THRIFT SHOP INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVALLBusinessNameControlTxt
Phone8603792390PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1714 MAIN STREETAddressLine1Txt
CityWinstedCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06098ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJERRI MORGANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8603792390PhoneNum
Signature2023-06-08SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJERRIPersonFirstNm
Person LastMORGANPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALBERT CAPPABIANCAPreparerPersonNm
PTINP00163212PTIN
Phone8603796119PhoneNum
Preparation2023-06-08PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$31,119GrossReceiptsAmt
Program Service Revenue$31,119ProgramServiceRevenueAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Total Revenue$31,119TotalRevenueAmt
Grants And Similar Amounts Paid$400GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$190FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$22,217OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$132PrintingPublicationsPostageAmt
Other Expenses Total$3,846OtherExpensesTotalAmt
Total Expenses$26,785TotalExpensesAmt
Excess Or Deficit For Year$4,334ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$9,473NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$13,807NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$9,473BOYAmt
EOY$13,807EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,473BOYAmt
EOY$13,807EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$9,473BOYAmt
EOY$13,807EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeVALLEY THRIFT SHOP IS SIMILAR TO GOODWILL AS THEY COLLECT DONATED ITEMS AND SELL THEM AT LOW DISCOUNTED RATES TO NEEDY INDIVIDUALS.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomORGANIZATION COLLECTED DONATED ITEMS WHICH WERE PREPARED FOR SALE TO NEEDY INDIVIDUALS AT A DISCOUNTED AFFORDABLE AMOUNT. ALL FUNDS RAISED THROUGH THIS PROCESS WERE INVESTED BACK INTO THE OPERATION OF THE ORGANIZATION.DescriptionProgramSrvcAccomTxt
Program Service Expenses$26,785ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$26,785TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
JERRI MORGAN
TREASURER3.00$0
BARBARA COKER LOMBARDO
PRESIDENT12.00$0
MARIE KOCH
SECRETARY6.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJERRI MORGANPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1714 MAIN STREETAddressLine1Txt
CityWinstedCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06098ZIPCd
FieldValueIRS element (for citing)
Phone9592177912PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year$31,119CurrentTaxYearAmt
Total$31,119TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year$31,119CurrentTaxYearAmt
Total$31,119TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$31,119PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year$31,119CurrentTaxYearAmt
Total$31,119TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990EZ - PART 1, LINE 10FormAndLineReferenceDesc
ExplanationDONATIONS TO OTHER NON PROFIT ORGANIZATIONSExplanationTxt

Reasonable Cause Explanation ReasonableCauseExplanation

FieldValueIRS element (for citing)
ExplanationORGANIZATION UNDERWENT OFFICER CHANGES AND BOOKS WERE LEFT IN SHAMBLES. NEW TREASURER ORGANIZED, BUT IT TOOK TIME TO COMPLETE. FOR A SMALL NON PROFIT LIKE THIS, A $500 PENALTY WOULD PUT A LARGE DENT IN THEIR OPERATION. PLEASE EXCUSE THE LATE FILING. THANK YOU.ExplanationTxt

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