Overview
What is The Little Exchange Inc?
The Little Exchange Inc is a nonprofit organization based in Dayton, Ohio, specifically at 45 Park Avenue. Its primary mission involves operating a gift shop to raise funds for Dayton Children's Hospital. The organization relies on the dedication of 99 volunteers, who collectively contribute over 10,000 hours annually to the shop's operations. The Little Exchange Foundation, an integral part of the organization, is committed to maximizing donations for charitable purposes, overseeing the strategic management of its retail establishment, and fostering a professional and camaraderie-filled environment. Since its inception, The Little Exchange has generously donated its annual profits to Dayton Children's Hospital, amounting to over $1.75 million as of January 31, 2023. The organization has two total employees, reflecting its focus on volunteer-driven operations.
Official website here: www.thelittleexchange.org
What do the Facebook reviews say about The Little Exchange Inc?
92% of 23 reviewers on Facebook recommend The Little Exchange Inc. Here is a summary of their reviews:
The nonprofit appears to provide excellent assistance to its clients, with one parent expressing gratitude for the help they received, despite the challenges of managing a toddler during their visit. This indicates that the organization is accommodating and understanding of different circumstances, striving to make the experience positive for everyone involved.
Overall, it seems that The Little Exchange Inc. has successfully created a supportive environment that meets the needs of its community. The enthusiasm for future purchases suggests that users feel valued and are eager to continue engaging with the organization.
This AI summary has been generated from reviews found on Facebook.
Is The Little Exchange Inc legitimate?
The Little Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Little Exchange 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: $53,516
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,176
For more financial information, click here
Official website here: www.thelittleexchange.org
What is the mission statement of The Little Exchange Inc?
The Little Exchange Inc's mission statement is centered around maximizing donations for its charitable endeavors. This organization oversees the strategic management of its retail establishment, which is a gift shop. The primary goal is to create an environment that fosters professionalism and camaraderie. Since its inception, The Little Exchange Inc has consistently donated its annual profits to Dayton Children's Hospital, accumulating over $1.75 million as of fiscal year ended January 31, 2023. The mission of this entity is not solely about operating a gift shop but also about contributing significantly to the well-being of children's healthcare.
Official website here: www.thelittleexchange.org
What is the revenue of The Little Exchange Inc?
The Little Exchange Inc's revenue in 2024 was $309,990.
Official website here: www.thelittleexchange.org
Who are the executives of The Little Exchange Inc and what are their salaries?
The average compensation at The Little Exchange Inc during 2024 was $24,897. There are 3 employees and 106 volunteers at The Little Exchange Inc.
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Official website here: www.thelittleexchange.org
Where can I find the form 990 for The Little Exchange Inc?
The Little Exchange Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thelittleexchange.org
Learn more at the official website: www.thelittleexchange.org
Mission Statement of The Little Exchange Inc
The Little Exchange Inc, a nonprofit organization, is dedicated to maximizing donations for its charitable endeavors. Its primary mission involves overseeing the strategic management of its retail establishment, which operates as a gift shop. This shop serves as a platform to raise funds, with all annual profits being donated to Dayton Children's Hospital. Since its inception, The Little Exchange Inc has demonstrated its commitment to this cause, contributing over $1.75 million to the hospital as of fiscal year ended January 31, 2023. The organization also strives to provide an environment that fosters professionalism and camaraderie, ensuring the smooth operation of its retail establishment.
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Impact
October, 2024
The Little Exchange Inc significantly impacts the community by operating a gift shop that generates funds for Dayton Children's Hospital. Through the dedicated efforts of 99 volunteers, who collectively donated over 10,000 hours, the organization fosters a spirit of camaraderie and professionalism. Since its inception, The Little Exchange has contributed over $1.75 million to support the hospital, ensuring that vital resources are available for pediatric care. This initiative not only raises essential funds but also cultivates a community commitment to health and wellness for children in Dayton, Ohio.
This information is meant to be a general summary of The Little Exchange 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: $52
- Gross Receipts: $665,481
Assets and Liabilities:
- Total Assets: $459,638
- Total Liabilities: $59,238
- Net Assets: $400,400
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Organization Details
Founding Year
2008
Principal Officer
Michele Morrison
Website
www.thelittleexchange.orgNTEE Category
Code: A12 - Arts
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