Overview
What is Freestore Inc?
Freestore Inc, located in West Des Moines, Iowa, is a nonprofit organization dedicated to assisting families who have fled abusive situations. They gather donated household items and furniture from the community and dispense them for free to clients of domestic violence services and other relevant agencies, enabling these families to establish a new, stable living environment without financial burden. The organization's income primarily comes from non-cash donations, while expenses are primarily the distribution of these donations, except for specific costs related to purchasing certain items and transporting the donations. Freestore Inc's mission is to empower these families to start their independent, productive lives in a safe setting.
Official website here: www.thefreestore.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, earning a Three-Star out of Four Star rating.
Freestore Inc has secured a solid Three-Star rating from Charity Navigator, reflecting a commendable level of effectiveness and transparency in its operations. The organization scores particularly high in Impact & Measurement and Leadership & Adaptability, both receiving perfect scores of 100, which indicate a strong focus on achieving its mission and ensuring sustainability through strategic planning.
While the nonprofit demonstrates a strong program expense ratio of 90.45%, suggesting that a significant portion of its resources is dedicated to its programs, there are some areas for improvement. The organization has not implemented a whistleblower policy or a document retention and destruction policy, which were noted as missing according to the evaluation criteria. Additionally, the absence of the tax form on the nonprofit's website indicates a need for better transparency in its financial reporting.
Overall, Freestore Inc shows a commitment to accountability with 100% independent board members and high scores in key governance aspects. However, addressing the missing policies and documentation could enhance its overall rating and public trust further.
This AI summary has been generated from information found on Charity Navigator.
Is Freestore Inc legitimate?
Freestore Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freestore Inc 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.
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Official website here: www.thefreestore.org
What is the mission statement of Freestore Inc?
Freestore Inc's mission is centered around supporting families who have escaped abusive situations. The organization collects donated furniture and household goods from the community and distributes them free of charge to clients of domestic violence services and other relevant agencies. This aid is provided as these families embark on their journey towards independent, productive lives in safe environments. The primary goal of Freestore Inc is to help these families establish a solid foundation, enabling them to start anew and build a better life.
Official website here: www.thefreestore.org
Who is the CEO of Freestore Inc?
Diane Munns is the Board Member of Freestore Inc.
Official website here: www.thefreestore.org
What is the revenue of Freestore Inc?
Freestore Inc's revenue in 2022 was $1,061,404.
Official website here: www.thefreestore.org
Who are the executives of Freestore Inc and what are their salaries?
There 120 volunteers at Freestore Inc.
Here are 9 key members and their salaries:
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Official website here: www.thefreestore.org
Where can I find the form 990 for Freestore Inc?
Freestore Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefreestore.org
Learn more at the official website: www.thefreestore.org
Mission Statement of Freestore Inc
Freestore Inc, a non-profit organization, is dedicated to supporting children and families who have managed to escape abusive situations. The mission of Freestore Inc is to collect furniture and household goods generously donated by community members and distribute them, at no cost, to clients of domestic violence services and other organizations. This initiative enables these families to begin their new lives with essential items as they strive towards independent, productive lives in safe environments. The organization's work is instrumental in providing these families with the necessary support, allowing them to focus on rebuilding their lives and establishing a secure foundation for their future.
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Impact
October, 2024
Freestore Inc plays a crucial role in uplifting children and families who have fled abusive situations, providing essential support as they transition to new, independent lives. By collecting furniture and household goods donated by community members, Freestore Inc supplies vital items free of charge to clients of domestic violence services and other support agencies. This assistance enables families to establish stable living environments, fostering safety and comfort as they rebuild their lives.
The organization not only alleviates the financial burden faced by these families but also reinforces the importance of community involvement in addressing domestic violence. The collaborative efforts to gather donations ensure that resources are available to those in need, reflecting a strong commitment to human services within the West Des Moines area. By facilitating the disbursement of these essential items, Freestore Inc empowers families to regain their independence and enhances their ability to thrive in safe settings.
This information is meant to be a general summary of Freestore Inc. 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: $18,852
- Gross Receipts: $1,061,404
Assets and Liabilities:
- Total Assets: $672,684
- Total Liabilities: $0
- Net Assets: $672,684
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Service to Outside Agency Clients
Revenue
$18,705
Misc Revenue
Revenue
$147
Organization Details
Founding Year
2005
Phone
(515) 282-3733Principal Officer
Diane Munns
Main Address
1020 24th Street, West Des Moines, IA, 50266
Website
www.thefreestore.orgNTEE Category
Code: P58 - Human services
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