Overview
What is Circle Of Friends Mission Thrift Shoppe Inc?
Circle Of Friends Mission Thrift Shoppe Inc is a community-focused nonprofit organization situated in Elkhorn, Wisconsin. Their primary objective is to fulfill the basic physical and social needs of South Eastern Wisconsin. They achieve this by operating a thrift shop, selling various items such as clothes, furniture, and household goods. The proceeds from these sales are utilized to benefit the local community. Moreover, the organization offers numerous volunteer opportunities to the public, encouraging community engagement and involvement. With a team of seven dedicated individuals, Circle Of Friends Mission Thrift Shoppe Inc actively serves its community, contributing to its wellbeing and development.
Official website here: www.wicircleoffriends.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating. This rating indicates that Circle Of Friends Mission Thrift Shoppe Inc has room for improvement in its accountability and financial practices. While the organization demonstrates strong financial health, as evidenced by its low liabilities to assets ratio and high program expense ratio, it lacks key governance policies that are essential for transparency and trustworthiness.
The organization has a fully independent board, which is a positive aspect, scoring full points in both the majority independent board members and board size categories. However, the absence of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about its governance practices. Additionally, the nonprofit has not posted its tax form on its website, which is another area where transparency could be enhanced.
Overall, while Circle Of Friends Mission Thrift Shoppe Inc shows solid program spending and financial stability, the lack of critical governance policies could hinder its accountability and credibility. Stakeholders may want to encourage improvements in these areas to bolster trust and effectiveness in their operations.
This AI summary has been generated from information found on Charity Navigator.
Is Circle Of Friends Mission Thrift Shoppe Inc legitimate?
Circle Of Friends Mission Thrift Shoppe Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Circle Of Friends Mission Thrift Shoppe 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: $190,354
For more financial information, click here
Official website here: www.wicircleoffriends.org
What is the mission statement of Circle Of Friends Mission Thrift Shoppe Inc?
The Circle of Friends Mission Thrift Shoppe Inc. is a community-focused organization situated in South Eastern Wisconsin. Its mission is to address the fundamental physical and social needs of the community. The organization achieves this by selling a variety of items, such as clothing, furniture, and household goods, with the proceeds being utilized to benefit the community at large. Additionally, Circle of Friends Mission Thrift Shoppe Inc. offers numerous volunteer opportunities to the public, encouraging community engagement and participation.
Official website here: www.wicircleoffriends.org
What is the revenue of Circle Of Friends Mission Thrift Shoppe Inc?
Circle Of Friends Mission Thrift Shoppe Inc's revenue in 2023 was $562,475.
Official website here: www.wicircleoffriends.org
Who are the executives of Circle Of Friends Mission Thrift Shoppe Inc and what are their salaries?
The average compensation at Circle Of Friends Mission Thrift Shoppe Inc during 2023 was $17,305. There are 11 employees at Circle Of Friends Mission Thrift Shoppe Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wicircleoffriends.org
Where can I find the form 990 for Circle Of Friends Mission Thrift Shoppe Inc?
Circle Of Friends Mission Thrift Shoppe Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wicircleoffriends.org
Learn more at the official website: www.wicircleoffriends.org
Mission Statement of Circle Of Friends Mission Thrift Shoppe Inc
Circle of Friends Mission Thrift Shoppe Inc is a community-based organization that is devoted to addressing the basic physical and social needs of individuals residing in south eastern Wisconsin. This nonprofit organization operates with a mission to cater to the essential requirements of its community members.
To achieve its mission, Circle of Friends Mission Thrift Shoppe Inc engages in various activities. One of its primary sources of revenue is the sale of items such as clothing, furniture, and household goods. The proceeds from these sales are then reallocated to benefit the community at large. Additionally, the organization offers numerous volunteer opportunities to the public, enabling individuals to contribute their time and skills towards the betterment of their community.
Through its mission and activities, Circle of Friends Mission Thrift Shoppe Inc plays a crucial role in addressing the needs of its community. By selling items and utilizing the sales proceeds to support the community, the organization is able to provide essential resources to those in need. Furthermore, by offering volunteer opportunities, Circle of Friends Mission Thrift Shoppe Inc encourages community engagement and fosters a spirit of cooperation and collaboration among its members. In doing so, the organization contributes to the overall well-being and development of south eastern Wisconsin.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Circle Of Friends Mission Thrift Shoppe Inc is dedicated to meeting the basic physical and social needs of South Eastern Wisconsin by providing affordable items such as clothes, furniture, and household goods through their thrift shop. The organization's impact is felt through the proceeds generated from sales, which are then used to benefit the community. Additionally, the organization offers valuable volunteer opportunities to the public, further engaging and empowering individuals to give back and make a difference in their community.
This information is meant to be a general summary of Circle Of Friends Mission Thrift Shoppe 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.
- Program Service Revenue: $460,525
- Gross Receipts: $562,475
Assets and Liabilities:
- Total Assets: $411,712
- Total Liabilities: $49,000
- Net Assets: $362,712
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STORE SALES
Revenue
$460,525
Organization Details
Founding Year
2011
Principal Officer
Sherry Leka
Website
www.wicircleoffriends.orgNTEE Category
Code: P29 - Human services
If you are a representative of Circle Of Friends Mission Thrift Shoppe Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.