Overview
What is Harvest Thrift Store?
Harvest Thrift Store is a nonprofit organization situated in Berlin, Ohio. With a dedicated team of 44 employees, their primary mission is to support Christian missions. They achieve this by operating resale shops, where they sell donated items to raise funds. This unique approach allows them to contribute financially to their chosen cause, while also promoting sustainability and recycling. The organization's resale shops serve as a vital source of funding, enabling their commitment to Christian missions to continue.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Harvest Thrift Store received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 67%. The rating indicates that while the organization has some positive attributes, there are significant areas that require attention, particularly in transparency and governance practices.
The organization boasts a fully independent board, which is a strong point, as all members are independent and the board size is adequate. Additionally, Harvest Thrift Store demonstrates a commendable program expense ratio of 100%, indicating that all funds are directed towards its programs. However, the absence of financial statements and several key policies, including conflict of interest and whistleblower policies, detracts from its accountability and could raise concerns among potential donors.
Overall, while Harvest Thrift Store shows strengths in its governance structure and effective allocation of resources, the lack of essential documentation and policies hampers its overall transparency. This may affect donor confidence and highlights the need for improvements in its operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Harvest Thrift Store legitimate?
Harvest Thrift Store is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvest 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: $530,958
For more financial information, click here
What is the mission statement of Harvest Thrift Store?
Harvest Thrift Store operates resale shops as a means to raise funds for Christian missions. This organization's primary mission is to support various religious endeavors through the revenue generated from its secondhand retail outlets. The store's activities are centered around selling donated items, thereby contributing financially to Christian missions worldwide. By doing so, Harvest Thrift Store aims to contribute to religious outreach and support efforts in various communities.
Who is the CEO of Harvest Thrift Store?
Rick Koser is the Predident of Harvest Thrift Store.
What is the revenue of Harvest Thrift Store?
Harvest Thrift Store's revenue in 2022 was $1,341,418.
Who are the executives of Harvest Thrift Store and what are their salaries?
The average compensation at Harvest Thrift Store during 2022 was $12,067. There are 44 employees at Harvest Thrift Store.
Here are 5 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
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Harvest Thrift Store?
Harvest Thrift Store's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Harvest Thrift Store
Harvest Thrift Store, a nonprofit organization, is dedicated to supporting Christian missions through the operation of resale shops. The primary mission of this entity is to generate funds by selling donated items in these retail outlets. This financial aid is then channeled towards various Christian missions, thereby contributing to their causes and objectives. By engaging in this resale activity, Harvest Thrift Store effectively supports spiritual endeavors and provides an avenue for recycling and reusing goods, thus contributing to sustainable practices.
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Impact
October, 2024
Harvest Thrift Store significantly impacts its community and beyond by operating resale shops that generate funds for Christian missions. By offering a variety of affordable goods, it helps meet the needs of local residents while promoting sustainable consumption practices through thrift shopping. This not only provides valuable resources to the community but also helps reduce waste. The proceeds from the sales directly support various missions, enabling outreach and humanitarian efforts that serve individuals and families both locally and globally. Through its activities, Harvest Thrift Store fosters a spirit of giving and community involvement, strengthening the social fabric of Berlin, Ohio, and supporting vital services that uplift and empower those in need.
This information is meant to be a general summary of Harvest 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 2022.
- Program Service Revenue: $1,324,195
- Gross Receipts: $1,341,418
Assets and Liabilities:
- Total Assets: $1,247,089
- Total Liabilities: $1,765
- Net Assets: $1,245,324
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES
Revenue
$1,316,256
OTHER INCOME
Revenue
$7,939
Organization Details
Phone
(330) 852-7467Principal Officer
Rick Koser
Main Address
PO BOX 242, BERLIN, OH, 44610
NTEE Category
Code: P29 - Human services
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