Nonprofit · EIN 86-2447032
RISEN THRIFT INC
Tax-exempt · DANVILLE, OH 43014
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $419,507 | $386,159 | $33,348 | $243,754 | $74,575 | $169,179 |
| December 31, 2024 | 990 | $337,521 | $228,648 | $108,873 | $216,217 | $80,386 | $135,831 |
| December 31, 2023 | 990-EZ | $197,836 | $193,565 | $4,271 | $26,958 | – | $26,958 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $419,507
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $66,119
- Salaries, compensation and benefits (total)
- $200,971
- Professional fundraising fees
- $0
- Accounting fees
- $2,020
- Depreciation
- $3,257
- Program services (functional)
- $128,301
- Management and general (functional)
- $257,858
Balance sheet and other
- Total assets, start of year
- $216,217
- Total assets, end of year
- $243,754
- Total liabilities, end of year
- $74,575
- Net assets, end of year
- $169,179
- Land, buildings and equipment
- $136,683
- Gross receipts
- $419,507
- Employees
- 15
- Volunteers
- 2
- Year formed
- 2021
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ronald E Wallace | President Trustee or director | 40 | $60,500 |
| Jessica Rine | Treasurer Trustee or director | 10 | $5,620 |
| Kayla Gardner | Secretary Trustee or director | 10 | $0 |
| Rick Graumlich | Director Trustee or director | 10 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ronald E Wallace | President Trustee or director | 40 | $51,154 |
| Jessica Rine | Treasurer Trustee or director | 10 | $0 |
| Kayla Gardner | Secretary Trustee or director | 10 | $0 |
| Rick Graumlich | Director Trustee or director | 5 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ronald E Wallace | President | 40 | $50,000 |
| Jessica Rine | Treasurer | 10 | $0 |
| Kayla Gardner | Secretary | 10 | $0 |
| Rick Graumlich | Director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 326, DANVILLE, OH 43014-0326
- Principal officer (990 for 2025)
- Ronald Wallace, 5 Plum St, Danville, OH 43014
- Signed the 990
- Ronald Wallace, President
- Phone
- (740) 398-3376
- Return prepared by
- Shari & Sons Tax Service Inc
Mission
Support Christ centered addiction ministries through sale of secondhand goods.
Program accomplishments
- Sale of secondhand goods to support Christ Centered Addiction Ministres.Expenses $128,301 · revenue $394,354
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-2447032
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P29)
- Assets (IRS master file)
- $243,754
- Income (IRS master file)
- $419,507
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $419,507 | $386,159 | $243,754 | XML |
| 990 | December 2024 | $337,521 | $228,648 | $216,217 | XML |
| 990-EZ | December 2023 | $197,836 | $193,565 | $26,958 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-2447032).
Questions about RISEN THRIFT INC
- What is the EIN of RISEN THRIFT INC?
- The employer identification number (EIN) of RISEN THRIFT INC is 86-2447032.
- Is RISEN THRIFT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to RISEN THRIFT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RISEN THRIFT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RISEN THRIFT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RISEN THRIFT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of RISEN THRIFT INC?
- The 990 for the year ended December 31, 2025 names Ronald Wallace.
- Who are the officers and directors of RISEN THRIFT INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 2 received compensation from the organization, the highest $60,500 (Ronald E Wallace, President).
- How much revenue does RISEN THRIFT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $419,507, expenses of $386,159 and total assets of $243,754 at year end.
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