Overview
What is The Louise And Anne Thrift & Flea Market?
The Louise and Anne Thrift & Flea Market is a nonprofit organization situated in Conway, Arkansas, specifically at 1101 College Avenue. Their primary mission is to generate funds through the sale of donated or purchased merchandise. This revenue is then channeled towards supporting St. Joseph Catholic Schools in Conway, Arkansas. The organization operates by selling a variety of items, contributing to the local community and education sector in a meaningful way.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Louise And Anne Thrift & Flea Market has received a two-star rating from Charity Navigator, indicating that it needs improvement. The overall score of 69% is derived solely from the accountability and finance category, where the organization has demonstrated some strengths, particularly in having a fully independent board and a commendable program expense ratio of 100%. This suggests that all of its expenses are directed towards its programs, which is a positive indicator of its operational focus.
However, there are notable weaknesses that have contributed to the low score. The organization has not provided financial statements, which raises concerns regarding transparency and accountability. Additionally, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are critical for effective governance and to protect the interests of stakeholders.
While the organization has a strong board structure and a clear commitment to program spending, addressing the gaps in financial documentation and governance policies will be vital for improving its overall rating and enhancing public trust.
This AI summary has been generated from information found on Charity Navigator.
Is The Louise And Anne Thrift & Flea Market legitimate?
The Louise And Anne Thrift & Flea Market is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Louise And Anne Thrift & Flea Market 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: $0
For more financial information, click here
What is the mission statement of The Louise And Anne Thrift & Flea Market?
The Louise and Anne Thrift & Flea Market's mission is centered around selling donated and purchased merchandise for resale. The primary objective of these sales is to generate funds, which are then channeled towards supporting St. Joseph Catholic Schools in Conway, Arkansas. This organization's activities contribute to the educational well-being of the students at St. Joseph Catholic Schools, ensuring they receive the necessary resources for their learning. The Thrift & Flea Market serves as a source of financial aid, contributing to the overall development and growth of the educational institution.
Who is the CEO of The Louise And Anne Thrift & Flea Market?
Celeste Bailey is the Director of The Louise And Anne Thrift & Flea Market.
What is the revenue of The Louise And Anne Thrift & Flea Market?
The Louise And Anne Thrift & Flea Market's revenue in 2023 was $787,798.
Who are the executives of The Louise And Anne Thrift & Flea Market and what are their salaries?
There 300 volunteers at The Louise And Anne Thrift & Flea Market.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Louise And Anne Thrift & Flea Market?
The Louise And Anne Thrift & Flea Market's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Louise And Anne Thrift & Flea Market
The Louise and Anne Thrift & Flea Market is a mission-driven organization with the primary goal of generating funds through the sale of donated and purchased merchandise. This nonprofit's earnings are devoted to supporting St. Joseph Catholic Schools in Conway, Arkansas. By engaging in this retail activity, The Louise and Anne Thrift & Flea Market contributes significantly to the educational well-being of the community's children, ensuring that they receive a quality education. The organization's mission is to make a tangible impact on the lives of young learners by leveraging the power of retail sales and the generosity of donors.
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 Louise And Anne Thrift & Flea Market significantly impacts the community by providing a sustainable source of funding for St. Joseph Catholic Schools in Conway, Arkansas. By selling donated and purchased merchandise, it fosters a culture of generosity and resourcefulness among local residents. The market not only offers a wide variety of goods at affordable prices, making it accessible for many families, but it also encourages the recycling and reusing of items, which benefits the environment.
Moreover, the funds generated through these sales directly contribute to enhancing educational resources and programs at the schools, enriching the learning experiences for students. This creates a positive feedback loop where the community supports the schools, and in return, the schools provide quality education, reinforcing community ties and fostering local engagement. Overall, the market plays a crucial role in promoting educational development while fostering a sense of community spirit and sustainability.
This information is meant to be a general summary of The Louise And Anne Thrift & Flea Market. 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.
- Investment Income: $40,447
- Gross Receipts: $1,535,149
Assets and Liabilities:
- Total Assets: $1,033,431
- Total Liabilities: $0
- Net Assets: $1,033,431
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2006
Phone
(501) 513-6899Principal Officer
Celeste Bailey
Main Address
1101 COLLEGE AVENUE, CONWAY, AR, 72032
NTEE Category
Code: P29 - Human services
If you are a representative of The Louise And Anne Thrift & Flea Market 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.