nonprofit logo

The Thrift Alliance

Dba Thriftsmart

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201578635 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is The Thrift Alliance?

The Thrift Alliance is a nonprofit organization situated in Nashville, Tennessee, with the address 4890 Nolensville Road, 37211. Their primary mission is to generate funds through the sale of donated and purchased merchandise. The organization, known as dba ThriftSmart, adheres to a "business as a mission" vision, which allows them to send essentials like medicine, educational materials, and clothing to their supported missions. Furthermore, The Thrift Alliance aims to create job opportunities and promote skill development for individuals from lower to middle-income backgrounds while offering high-quality consumer goods to the public. Their thrift stores not only benefit customers and employees but also contribute to various charities.


Official website here: www.thriftsmart.com

What do the Facebook reviews say about The Thrift Alliance?

80% of 13 reviewers on Facebook recommend The Thrift Alliance. Here's a summary of their reviews:

The organization is praised for its well-organized book section, which customers found reminiscent of a library. Reviewers appreciate the thoughtful arrangement of books, making it easy to navigate and discover new reads.

Overall, patrons depict a positive experience with The Thrift Alliance, highlighting the quality of their offerings and the appealing layout of the store.


This AI summary has been generated from reviews found on Facebook.

Is The Thrift Alliance legitimate?

The Thrift Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Thrift Alliance submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $143,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,006,058

For more financial information, click here


Official website here: www.thriftsmart.com

What is the mission statement of The Thrift Alliance?

The Thrift Alliance's mission is centered around providing value to three main entities: customers, employees, and charities. They achieve this by operating top-notch thrift stores and promoting thrifty living, all done with the intention of bringing glory to God. The organization's primary source of income comes from selling donated and bought merchandise. The funds generated are then utilized to support various missions, such as sending medical supplies, educational materials, and clothing to the beneficiaries. Additionally, The Thrift Alliance aims to provide job opportunities and skill development for individuals from lower-to-middle income backgrounds, and offers quality consumer goods to the public.


Official website here: www.thriftsmart.com

Who is the CEO of The Thrift Alliance?

Richard Gygi is the Executive Director of The Thrift Alliance.


Official website here: www.thriftsmart.com

What is the revenue of The Thrift Alliance?

The Thrift Alliance's revenue in 2022 was $2,756,268.


Official website here: www.thriftsmart.com

Who are the executives of The Thrift Alliance and what are their salaries?

The average compensation at The Thrift Alliance during 2022 was $24,980. There are 46 employees and 125 volunteers at The Thrift Alliance.


Here are 7 key members and their salaries:


Richard Gygi (Executive Director)
  • Compensation: $65,354
  • Related: $0
  • Other: $0
Ed Freeman (Vicechairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Krapf (Operations Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Pack (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Siler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Blackledge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Parker Page (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thriftsmart.com

Where can I find the form 990 for The Thrift Alliance?

The Thrift Alliance's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thriftsmart.com

Learn more at the official website: www.thriftsmart.com

Mission Statement of The Thrift Alliance

The Thrift Alliance, a nonprofit organization, is dedicated to serving multiple purposes. Its mission, as stated, is to provide value to customers, create opportunities for employees, and offer benefits to charities. This is achieved by operating the finest thrift stores globally, while simultaneously promoting thriftiness as a way of life. The organization's primary source of income comes from selling donated and purchased merchandise.

At the heart of The Thrift Alliance's mission is a vision that views business as a means to an end, rather than an end in itself. This philosophy underpins the organization's efforts to send essential items such as medicine, educational materials, and clothing to various charitable causes. Beyond this, The Thrift Alliance has additional objectives. It strives to create job opportunities and offer skill development for individuals from lower-to-middle income backgrounds. Furthermore, the organization aims to provide high-quality consumer goods to the public.

In summary, The Thrift Alliance is a nonprofit organization that operates thrift stores with a triple bottom line. Its mission is to serve customers, employees, and charities, all while promoting thriftiness. The organization raises funds through the sale of donated and purchased merchandise, and it uses these funds to support various charities, provide employment opportunities, and offer affordable consumer goods to the public.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Thrift Alliance significantly impacts its community and beyond by operating thrift stores that provide affordable goods while supporting various charitable missions. By selling donated and purchased merchandise, it generates funds used to send essential resources like medicine, books, and educational materials to those in need. The initiative not only offers low-cost consumer goods to the public but also creates job opportunities and skills development for residents of lower-to-middle-income backgrounds. This dual focus on economic empowerment and quality service underpins its mission to promote thrifty living for the benefit of the community and to honor a higher purpose.




This information is meant to be a general summary of The Thrift Alliance. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,756,268 (2022)
Expenses
$2,530,145 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $2,613,452
  • Gross Receipts: $2,756,268

Assets and Liabilities:

  • Total Assets: $769,764
  • Total Liabilities: $418,304
  • Net Assets: $351,460

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Thrift store sales

Revenue

$2,613,170

Other related income

Revenue

$282

Organization Details

Founding Year

2004

Principal Officer

Richard Gygi

Main Address

4890 Nolensville Road, Nashville, TN, 37211

NTEE Category

Code: P112 - Human services

If you are a representative of The Thrift Alliance and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.