Overview
What is The Red Hat Thrift Store?
The Red Hat Thrift Store is a nonprofit establishment located at 1245 Commerce Ave, Longview, WA 98632. Its primary mission is to create an environment that respects the dignity of each individual and support families and children in need, primarily through their affiliations with the Emergency Support Shelter and Parents Place. As a charitable organization, The Red Hat Thrift Store distributes its earnings on a quarterly basis to these two institutions, funding various programs they sponsor. Additionally, the store offers in-kind donations of clothing and household items to the clients served by both organizations. The Red Hat Thrift Store's activities contribute to the well-being of individuals and families in need, fostering support and resources within their community.
Official website here: www.redhatstorelongview.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star Rating.
The Red Hat Thrift Store has earned a solid Three-Star rating with an overall score of 83%. This rating reflects its strong performance in several key accountability and finance metrics, including a high program expense ratio of 87.98%, indicating that a significant portion of its funds is directed toward its charitable programs. The organization also benefits from a fully independent board, scoring full points in both the majority independent board members and the independent board size categories.
However, there are notable areas for improvement. The Red Hat Thrift Store has not established a whistleblower policy or a document retention and destruction policy, both of which received zero points. These shortcomings suggest potential gaps in governance practices that could impact transparency and operational integrity. Despite these limitations, the organization demonstrates a commitment to financial health and effective program implementation, making it a reputable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is The Red Hat Thrift Store legitimate?
The Red Hat Thrift Store is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Red Hat Thrift Store 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $179,460
For more financial information, click here
Official website here: www.redhatstorelongview.org/
What is the mission statement of The Red Hat Thrift Store?
The Red Hat Thrift Store's mission is centered around fostering an environment that upholds the dignity of each individual. Primarily, they aim to support families and children in need primarily through their partnership with the Emergency Support Shelter and Parents Place. The organization distributes its profits equally on a quarterly basis to these two organizations, contributing to their respective programs. Furthermore, The Red Hat Thrift Store provides in-kind donations of clothing and household goods to clients served by Parents Place and the Emergency Support Shelter.
Official website here: www.redhatstorelongview.org/
Who is the CEO of The Red Hat Thrift Store?
Kathie Griffin is the President of The Red Hat Thrift Store.
Official website here: www.redhatstorelongview.org/
What is the revenue of The Red Hat Thrift Store?
The Red Hat Thrift Store's revenue in 2023 was $472,364.
Official website here: www.redhatstorelongview.org/
Who are the executives of The Red Hat Thrift Store and what are their salaries?
There 9 volunteers at The Red Hat Thrift Store.
Here are 9 key members and their salaries:
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Official website here: www.redhatstorelongview.org/
Where can I find the form 990 for The Red Hat Thrift Store?
The Red Hat Thrift Store's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.redhatstorelongview.org/
Learn more at the official website: www.redhatstorelongview.org/
Mission Statement of The Red Hat Thrift Store
The Red Hat Thrift Store, as an organization, is committed to fostering an environment that respects the dignity of each individual. Primarily, it supports families and children in need through its partnership with the Emergency Support Shelter and Parents Place. The mission of The Red Hat Thrift Store is to primarily aid these two organizations by distributing a portion of its profits to them on a quarterly basis. This financial support is utilized to sponsor programs that cater to the needs of the individuals served by both the Emergency Support Shelter and Parents Place.
In addition to financial aid, The Red Hat Thrift Store also extends its support through in-kind donations. These donations, primarily consisting of clothing and household goods, are provided to the clients served by Parents Place and the Emergency Support Shelter. By doing so, The Red Hat Thrift Store plays a significant role in enhancing the lives of those in need, contributing to their overall well-being and providing them with essential resources. The store's mission is rooted in the belief that every person deserves to live with dignity, and it actively works towards promoting this through its support of these two crucial organizations.
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Impact
July, 2024
The Red Hat Thrift Store's impact can be seen in the tangible support it provides to families and children in need, primarily through its backing of the Emergency Support Shelter and Parents Place. By distributing profits equally on a quarterly basis to these organizations, the thrift store directly contributes to the programs sponsored by each entity. Moreover, the provision of in-kind donations of clothing and household goods to clients served by Parents Place and the Emergency Support Shelter further underscores the store's commitment to fostering an environment that upholds the dignity of every individual. Through its actions, The Red Hat Thrift Store plays a crucial role in supporting human services in the Longview, WA community.
This information is meant to be a general summary of The Red Hat Thrift Store. 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 2023.
- Program Service Revenue: $472,586
- Gross Receipts: $472,364
Assets and Liabilities:
- Total Assets: $87,801
- Total Liabilities: $25,768
- Net Assets: $62,033
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF DONATED INVENTO
Revenue
$460,384
SALE OF TEXTILES TO ARC
Revenue
$12,202
Organization Details
Founding Year
2006
Principal Officer
Kathie Griffin
Main Address
1245 COMMERCE AVE, LONGVIEW, WA, 98632
Website
www.redhatstorelongview.org/NTEE Category
Code: P29 - Human services
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