Overview
What is Richmond Food Shelf And Thrift Store Inc?
Richmond Food Shelf And Thrift Store Inc is a compassionate nonprofit organization based in Richmond, Vermont. With a small team of three dedicated individuals, their primary mission is to uplift financially struggling individuals and families within the community. They achieve this by distributing food and essential items, as well as offering affordable clothing through their thrift store. By providing these necessities, they aim to improve the overall quality of life for those in need, demonstrating a strong commitment to their community's well-being.
Official website here: www.richmondfoodshelfvt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating. The Richmond Food Shelf and Thrift Store Inc has achieved an impressive rating due to its strong accountability and finance practices. This high score reflects a commitment to transparency and responsible financial management.
The organization demonstrates exemplary governance, with a fully independent board consisting of five members and comprehensive policies in place, including those for conflict of interest and whistleblowing. Additionally, they maintain no material diversion of assets, indicating a focused mission on serving the community without mismanagement of resources.
Despite its strengths, the data does not highlight any specific programmatic outcomes or impact metrics, which could provide a deeper understanding of the charity's effectiveness in meeting its goals. Nevertheless, the financial health indicated by a 100% program expense ratio suggests that all funds are being utilized effectively towards their charitable mission.
This AI summary has been generated from information found on Charity Navigator.
Is Richmond Food Shelf And Thrift Store Inc legitimate?
Richmond Food Shelf And Thrift Store Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richmond Food Shelf And Thrift Store 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: $33,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,767
For more financial information, click here
Official website here: www.richmondfoodshelfvt.org
What is the mission statement of Richmond Food Shelf And Thrift Store Inc?
Richmond Food Shelf and Thrift Store Inc's mission is centered around enhancing the lives of financially struggling individuals and families in the community. They achieve this goal by distributing food and selling affordable clothing. The organization's primary objective is to alleviate food insecurity and provide essential clothing items at reasonable prices to those in financial hardship. Additionally, they offer nominal direct cash assistance to individuals and families in need. The organization's mission is to improve the quality of life for these individuals, offering them essential resources during challenging times.
Official website here: www.richmondfoodshelfvt.org
What is the revenue of Richmond Food Shelf And Thrift Store Inc?
Richmond Food Shelf And Thrift Store Inc's revenue in 2023 was $148,167.
Official website here: www.richmondfoodshelfvt.org
Who are the executives of Richmond Food Shelf And Thrift Store Inc and what are their salaries?
The average compensation at Richmond Food Shelf And Thrift Store Inc during 2023 was $11,219. There are 4 employees and 10 volunteers at Richmond Food Shelf And Thrift Store Inc.
Here are 6 key members and their salaries:
- Compensation: $32,052
- 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
Official website here: www.richmondfoodshelfvt.org
Where can I find the form 990 for Richmond Food Shelf And Thrift Store Inc?
Richmond Food Shelf And Thrift Store Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.richmondfoodshelfvt.org
Learn more at the official website: www.richmondfoodshelfvt.org
Mission Statement of Richmond Food Shelf And Thrift Store Inc
Richmond Food Shelf And Thrift Store Inc is committed to enhancing the lives of financially struggling individuals and families in the community. Their primary mission is achieved through two key strategies: distributing food and selling affordable clothing. By providing food and personal care items, the organization helps alleviate the hardships faced by those in financial distress within the community. In addition, the organization provides nominal direct cash assistance to eligible individuals and families, further contributing to their financial stability. Richmond Food Shelf And Thrift Store Inc's mission is to improve the living conditions of those in need, offering essential resources to help them overcome their financial struggles.
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Impact
October, 2024
Richmond Food Shelf and Thrift Store Inc has a profound impact on the community by addressing the urgent needs of individuals and families facing financial hardship. By distributing food and personal care items, the organization directly alleviates hunger and helps ensure that essential needs are met for those in crisis. Additionally, the thrift store provides access to low-cost clothing, which not only helps families save money but also promotes dignity and self-sufficiency. Through these efforts, Richmond Food Shelf and Thrift Store Inc enhances the quality of life for many and fosters a supportive community environment where individuals can find help and hope during challenging times.
This information is meant to be a general summary of Richmond Food Shelf And Thrift Store 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 2023.
- Investment Income: $3,599
- Gross Receipts: $148,167
Assets and Liabilities:
- Total Assets: $212,954
- Total Liabilities: $0
- Net Assets: $212,954
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Organization Details
Founding Year
2009
Principal Officer
Marcia Levison
Website
www.richmondfoodshelfvt.orgNTEE Category
Code: K31 - Food
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