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Passes our checks

Troost Thrift Store Inc

EIN 82-1413101 · Kansas City, MO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair63 out of 100GovernanceWeak41 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Provide Clothing and household goods at low or no cost to the economically depressed community in which the store is located.

Income
$402,310
Spending
$411,436
Spent on programs
86%
Reserves
2.5 months of spending
Largest source of income
fees for its services, 93%
Employees
19
Volunteers
100
Highest pay
$12,490, president

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 63 out of 100. Higher than 33% of charities in its peer group (human services, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.5 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 2% of income.

  • Income trend

    10 of 15

    Income fell 3% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 41 out of 100. Higher than 11% of charities in its peer group (human services, $250k to $1m).

  • Independent board

    5 of 25

    0 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $293,838 spent. Troost39 is 501c3 organization committed to supporting our Kansas City community by Striving to be a Beloved Community as envisioned by Dr. Martin Luther King Jr.based on justice, equal opportunity, and love for ones fellow human beings, with core values of peace, inclusiveness, and love. Operating a retail store with low-priced, high-quality, essential household and personal items to our customers, many of whom lack transportation and/or the money to shop at the big retailers.
  2. $8,050 spent. T39 Ministry program offers assistance to those most in need, by partnering withsocial service agencies throughout the city, and welcoming as friends and neighbors all who come to our door.
  3. $52,556 spent. With the aim to identify and develop local, aspiring Black artists to remain in Kansas City, Troost39 Thrift Store created a collective of artists is known as The Gift of Troost TGOT. Troost39 awarded 3,000 grants to selected recipients, conducted group gatherings for support every two-three months, and held an Art Showcase in order for these artists to sell their work. In addition, we have partnered with a strong local non-profit organization, Kansas City G.I.F.T., who provides such as artists with business education and promotion services.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2022 for not filing returns for three years, and reinstated on May 15, 2022.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2023.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.