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Faith Second Chance Thrift Store Nfp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271260212 ✦ Leroy, IL ✦ Designated as a 501(c)(3)

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Overview

What is Faith Second Chance Thrift Store Nfp?

Faith Second Chance Thrift Store NFP is a nonprofit organization situated in LeRoy, Illinois. Their primary mission is to assist needy individuals and families within their local community and beyond. They achieve this by operating a thrift store, which operates 5 days a week, utilizing entirely donated clothing and household items. By offering these items at affordable prices, Faith Second Chance Thrift Store significantly benefits low-income residents in the area.

Is Faith Second Chance Thrift Store Nfp legitimate?

Faith Second Chance Thrift Store Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faith Second Chance Thrift Store Nfp submitted a form 990EZ, 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.

What is the mission statement of Faith Second Chance Thrift Store Nfp?

Faith Second Chance Thrift Store Nfp, a not-for-profit organization, operates a thrift store with a mission to assist disadvantaged individuals and families. They exclusively utilize donated clothing and household items, providing their services five days a week. The store caters to both local and surrounding communities, offering affordably priced items that significantly aid low-income residents. In essence, the thrift store serves as a source of essentials for individuals in need.

Who is the CEO of Faith Second Chance Thrift Store Nfp?

Emily Ann Malcolm is the President of Faith Second Chance Thrift Store Nfp.

What is the revenue of Faith Second Chance Thrift Store Nfp?

Faith Second Chance Thrift Store Nfp's revenue in 2022 was $93,169.

Who are the executives of Faith Second Chance Thrift Store Nfp and what are their salaries?


Here are 5 key members and their salaries:


Emily Ann Malcolm (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carole Hillard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Roggy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naomi Chaplin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita H Vollmer (Bookkeeper)
  • Compensation: $2,196
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Faith Second Chance Thrift Store Nfp?

Faith Second Chance Thrift Store Nfp's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Faith Second Chance Thrift Store Nfp

Faith Second Chance Thrift Store NFP is a nonprofit organization dedicated to assisting needy individuals and families. With a mission at its core, this organization operates a thrift store, utilizing entirely donated clothing and household items. Located in an unspecified location, Faith Second Chance Thrift Store NFP opens its doors five days a week to serve the local and surrounding communities. The organization's primary goal is to provide affordable, bargain-priced items to low-income residents, thereby making a significant impact on their lives.

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Impact




October, 2024

Faith Second Chance Thrift Store in LeRoy, Illinois, significantly impacts the local community by providing affordable clothing and household items to needy individuals and families. By operating exclusively with 100% donated goods, the store ensures that low-income residents can access necessary items at bargain prices. This not only alleviates financial burdens for families in need but also promotes sustainability by repurposing gently used items.

Open five days a week, the thrift store serves as a vital resource for those requiring assistance, fostering a sense of community. In addition to offering essential goods, the store creates a welcoming environment where individuals can feel supported and valued. Through its efforts, Faith Second Chance plays a crucial role in enhancing the quality of life for residents in LeRoy and the surrounding areas, contributing positively to the social fabric of the community.




This information is meant to be a general summary of Faith Second Chance Thrift Store Nfp. 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.

Revenue
$93,169 (2022)
Expenses
$102,028 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1
  • Gross Receipts: $93,169

Assets and Liabilities:

  • Total Assets: $8,501
  • Total Liabilities: $1,816
  • Net Assets: $6,685

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Organization Details

Principal Officer

Emily Ann Malcolm

Main Address

218 E Center St, LeRoy, IL, 61752

NTEE Category

Code: P29 - Human services

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