The Blessing Box Resale Store Inc

EIN: 812531811 501(c)(3) Employment

Bells, TX

Total Revenue
$478,257
Total Expenses
$418,955
Total Assets
$275,383
Net Assets
$275,383
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
TX
Principal Officer
Freda Williams
Phone
9038154964
Tax Period
2025-01-01 to 2025-12-31

The Blessing Box Resale Store Inc, founded in 2016, is a small nonprofit in the Employment sector that reported $478K in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $419K left a modest 12% surplus.

Mission

We are a thrift store that was established to help support underprivileged people in the community. We give away clothing and personal items to anyone who requests assistance. Our goal is to also sell items at verly low prices so that most of the community members can afford to buy clothing toys and other household items. These funds keeps us operational. Another goal is to fully support the operational costs of The Refuge of Hope Transformation Center. This is a center for men recovering from addicctions. Presently we contribute enough to pay for 1 2 the costs of their operations. Our goal is to have the revenue to fully fund the center. Another reason for the formation of our corporations was to supply jobs for our community. We support many other organizations financially and with inkind items: Kyuka Ministries Womens Crisis Center Denison Community Shelter and Denison Soup Kitchen.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $478,257
Investment Income $0
Other Revenue $0
TOTAL REVENUE $478,257

Expense Breakdown

Grants Paid $0
Salaries & Benefits $292,486
Fundraising Expenses $0
Program Expenses $0
Other Expenses $126,469
TOTAL EXPENSES $418,955

Year-over-Year Comparison

2025 2024 Change
Revenue $478,257 $420,851 +0.1%
Expenses $418,955 $328,087 +0.3%
Net Income $59,302 $92,764 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
15
Volunteers
1

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$64,240
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Freda Williams Secretary Treasurer 40.00
Officer
$32,120 $0 $64,240
Larry Goodwin President 0.00
Officer
$0 $0 $0
Rosana Goodwin Vice President 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $478,257 $418,955 $275,383 $59,302
2024 $420,851 $328,087 $216,081 $92,764
2023 $287,706 $269,920 $123,317 $17,786
2022 $227,339 $227,803 $105,531 $-464
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