GM First & Second Thrift Store
To raise money for local nonprofit through the sale of donated goods; To work with social services and local churches to provide clothing and household goods to people in need; To decrease the amount of clothing and household goods going to a landfill; To offer a source of lightly used goods for a affordable price; To offer community members a place to volunteer their time while supporting local nonprofits.
Key facts about GM First & Second Thrift Store
- EIN
- 92-1036167
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $151,450
- Grants made (2025)
- 14
- Average grant
- $10,818
- Median grant
- $9,333
- Total assets
- $237,958
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Who GM First & Second Thrift Store funds
By grant dollars, the top recipient states for GM First & Second Thrift Store's 14 itemized 2025 grants were Minnesota (100%). The most frequent recipient cities were Grand Marais, MN (13 grants). None of its 14 grants with a stated purpose were described as general or operating support. Recurring purposes include "Program support" (11 grants).
How GM First & Second Thrift Store gives
- 50% of 2025 grantees were also funded in 2024. Method
Estimate from itemized IRS Form 990-PF grant lists (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with GM First & Second Thrift Store
- How to evaluate GM First & Second Thrift Store as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$238K
+7.5% YoY
Annual Giving
$151K
+129.2% YoY
Grant Count
14
+100.0% YoY
Avg Grant Size
$11K
+14.6% YoY
About GM First & Second Thrift Store
Based on IRS filings
GM First & Second Thrift Store is a nonprofit organization focused on Community Improvement & Capacity Building, based in Grand Marais, MN. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $238K in total assets. In 2025, it awarded 14 grants totaling $151K. Net investment income was $4K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 14 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $237,958 | $221,397 | — |
| Revenue | $261,245 | $233,070 | $193,333 |
| Expenses | $244,889 | $180,539 | $34,919 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,627 | $3,614 | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS March 30, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS February 14, 2026)
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Hamilton Habitat ($27,182), First Congregational Church ($15,625), Grand Marais Playhouse ($14,172).
| Recipient | Purpose | Amount |
|---|---|---|
| Hamilton Habitat Grand Marais, MN | Financial assistance in building affordable homes | $27,182 |
| First Congregational Church Grand Marais, MN | Program support | $15,625 |
| Grand Marais Playhouse Grand Marais, MN | Program support | $14,172 |
| Arrowhead Animal Rescue Grand Marais, MN | To provide funds for construction of a new facility | $12,195 |
| Violence Prevention Center Grand Marais, MN | Program support | $11,801 |
| Bethlehem Lutheran Church Grand Marais, MN | Program support | $11,572 |
| Care Partners of Cook County Grand Marais, MN | Program support | $9,836 |
| Evangelical Free Church Grand Marais, MN | Program Support | $8,830 |
| Great Expectations Foundation Grand Marais, MN | Program Support | $8,455 |
| School District 166 Grand Marais, MN | Angel Fund | $8,394 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ann Marie Mershon | President | 13.1 | — |
| Barb Backlund | Vice president | 1.09 | — |
| Diane DeBevec | Secretary | 6.6 | — |
| Gwendolyn Mattice | Treasurer | 8.5 | — |
| Kathleen Johnson | Board member | 6.4 | — |
| Chris Silence | Board member | 15.1 | — |
| Renee Larsen | Board member | 2.4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is GM First & Second Thrift Store?
GM First & Second Thrift Store is a nonprofit organization focused on Community Improvement & Capacity Building, based in Grand Marais, MN. It holds $238K in total assets as of 2025.
How large is GM First & Second Thrift Store?
As of 2025, GM First & Second Thrift Store holds $238K in total assets with $261K in annual revenue. It awarded 14 grants totaling $151K in 2025.
Where does GM First & Second Thrift Store operate?
GM First & Second Thrift Store has awarded grants in Minnesota.
What size grants does GM First & Second Thrift Store award?
In 2025, GM First & Second Thrift Store awarded 14 grants totaling $151K — an average of about $11K per grant, based on its IRS Form 990 filings.
What is GM First & Second Thrift Store's EIN?
GM First & Second Thrift Store's EIN (Employer Identification Number) is 92-1036167. IRS Form 990 filing data is available on this page for 2023–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.