Overview
What is Goodkids Village Inc?
Goodkids Village Inc is a nonprofit organization situated in Tampa, Florida, with another location in Clearwater. Their primary mission revolves around raising funds for organizations dedicated to the welfare of children worldwide. They achieve this through the operation of two thrift stores, where they sell donated items such as clothing, home furnishings, and household items. The net profits from these sales are donated to tax-exempt organizations that align with their child-centric mission. Hope Children's Home, specifically, benefits from these proceeds, as they work towards providing care, food, shelter, and education to vulnerable children. Goodkids Village Inc's thrift stores also accept donations of boats and vehicles, further expanding their contribution to their cause.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79% (Three-Star out of Four Star rating)
Goodkids Village Inc has received a commendable Three-Star rating from Charity Navigator, primarily reflecting its strong performance in accountability and finance. With an overall score of 79%, the organization demonstrates solid governance practices, including a fully independent board and effective policies concerning conflicts of interest and whistleblower protections.
The charity excels in financial management, boasting a perfect program expense ratio of 100%, indicating that all of its funds are directed towards its programs. Additionally, it reports minimal liabilities, showcasing its financial stability and sound operational management. The organization has also implemented robust documentation practices, ensuring transparency and accountability.
However, while the rating highlights several strengths, it is based solely on the accountability and finance beacon. This narrow focus means that aspects related to program impact and community engagement were not assessed, which could provide a more complete picture of the organization’s effectiveness and overall mission delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Goodkids Village Inc legitimate?
Goodkids Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodkids Village 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Goodkids Village Inc?
Goodkids Village Inc, through its two thrift stores in unspecified locations, raises funds to support organizations dedicated to improving the wellbeing of children worldwide. The inventory at these stores consists entirely of donated items, including clothing, home furnishings, and household items. Additionally, the stores accept donations of boats and vehicles. The organization generously donates all net proceeds to tax-exempt organizations with child-focused missions. These funds contribute to these organizations' efforts to provide essentials such as care, food, shelter, and education to abused, neglected, unwanted, and orphaned children.
What is the revenue of Goodkids Village Inc?
Goodkids Village Inc's revenue in 2024 was $640,059.
Who are the executives of Goodkids Village Inc and what are their salaries?
There 25 volunteers at Goodkids Village Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Goodkids Village Inc?
Goodkids Village Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Goodkids Village Inc
Goodkids Village, a nonprofit organization, aims to raise funds for charities that focus on the wellbeing of children worldwide. They accomplish this through the operation of two thrift stores located in Tampa and Clearwater, Florida. The inventory sold in these stores is entirely donated, consisting of clothing, home furnishings, and common household items. The stores also accept donations of boats and vehicles. The proceeds generated from these sales are then donated to tax-exempt organizations with child-related missions. It's worth noting that the Hope thrift stores are an extension of the ministry of Hope Children's Home, and the sales directly benefit related organizations that are committed to providing care, food, clothing, shelter, and education to abused, neglected, unwanted, and orphaned children.
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Impact
October, 2024
Goodkids Village Inc significantly contributes to the wellbeing of children globally through its operations in the Tampa Bay area. By running two thrift stores—one in Tampa and one in Clearwater—it effectively raises funds to support organizations dedicated to caring for abused, neglected, unwanted, and orphaned children. The thrift stores operate solely on donated items, including clothing, home furnishings, and even vehicles, ensuring that every purchase directly impacts vulnerable children's lives.
The proceeds from these sales are channeled into programs that provide essential services such as food, shelter, education, and clothing, amplifying the reach of organizations like Hope Children's Home. This model not only promotes community engagement through donations and shopping but also creates a sustainable funding source for vital child welfare initiatives. Overall, Goodkids Village Inc plays a crucial role in fostering hope and support for children in need, helping to transform lives and build brighter futures.
This information is meant to be a general summary of Goodkids Village 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 2024.
- Investment Income: $417
- Gross Receipts: $1,105,605
Assets and Liabilities:
- Total Assets: $2,430,592
- Total Liabilities: $1,577,858
- Net Assets: $852,734
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Organization Details
Founding Year
2001
Principal Officer
D Mike Higgins
NTEE Category
Code: P12 - Human services
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