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:
- Compensation: $65,354
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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.
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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.
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
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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
Phone
(615) 833-8200Principal Officer
Richard Gygi
Main Address
4890 Nolensville Road, Nashville, TN, 37211
Website
www.thriftsmart.comNTEE Category
Code: P112 - Human services
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