Chapter 2 Thrift Boutique
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Chapter 2 Thrift Boutique is a 501(c)(3) organization based in Forked River, New Jersey, registered in 2021, with $2,970 in FY2024 revenue. CharityIndex grades it F.
Po Box 621, Forked River, NJ, 08731 EIN 85-4331789 Since 2021
Revenue (FY2024)
$2,970
▼ 95.6% vs prior year
Expenses (FY2024)
$6,672
Net assets
$8,030
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Chapter 2 Thrift Boutique— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating14 mo reserves · -125% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Chapter 2 Thrift Boutique: 14 mo reserves · -125% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Chapter 2 Thrift Boutique— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Chapter 2 Thrift Boutique: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 621, Forked River, NJ, 08731
- City
- Forked River
- State
- New Jersey
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $70K (FY2021) to $2,970 (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $5,500Net assets $8,030
Operating margin
-124.6%
Spent more than it raised in the latest fiscal year.
Total assets
$14K
Total liabilities
$5,500
Net assets
$8,030
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,970▼95.6% | $6,672▼89.3% | $8,030▼31.6% | $13,530▼9.3% | 990EZ |
| 2023 | $67,597▲3.2% | $62,475▼20.6% | $11,732▲77.5% | $14,923▲38.2% | 990EZ |
| 2022 | $65,530▼6.9% | $78,694▼3.4% | $6,610▼66.6% | $10,801▼45.4% | 990EZ |
| 2021 | $70,374 | $81,440 | $19,774 | $19,774 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Chapter 2 Thrift Boutique a legitimate nonprofit?
- Yes. Chapter 2 Thrift Boutique is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-4331789, based in Forked River, New Jersey. Donations are tax-deductible.
- What is Chapter 2 Thrift Boutique's EIN?
- Chapter 2 Thrift Boutique's Employer Identification Number (EIN) is 85-4331789.
- How much revenue does Chapter 2 Thrift Boutique report?
- Chapter 2 Thrift Boutique reported $2,970 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Chapter 2 Thrift Boutique have?
- CharityIndex grades Chapter 2 Thrift Boutique F, based on financial health (reserves and operating margin).
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Data for Chapter 2 Thrift Boutique (EIN 85-4331789) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.