Overview
What is Angels Attic Thrift Shop Inc?
Angels Attic Thrift Shop Inc is a dedicated fundraising organization situated at 972 Chestnut Street, Murray, Kentucky. Their primary objective is to support two local 501(c)3 charities: Angels Community Clinic and Gentry House. The clinic offers free medical and dental care to the uninsured working poor in the community, while Gentry House provides temporary housing for displaced single mothers. The thrift shop achieves its fundraising goals by selling donated items such as clothing, furniture, household goods, and various personal items. By supporting these initiatives, Angels Attic Thrift Shop Inc significantly contributes to enhancing the well-being of individuals in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 71%
Angels Attic Thrift Shop Inc has received a two-star rating from Charity Navigator, indicating that the organization has some areas requiring improvement. While it scored well in several categories, including a perfect accountability score for having 100% independent board members and a favorable liabilities to assets ratio, certain critical areas for transparency and governance are lacking. The absence of financial statements and key policies such as conflict of interest and whistleblower policies significantly impacted their overall score.
The organization does demonstrate strengths in program expenses, with a 100% program expense ratio, showing that all expenditures are directed toward its mission. Furthermore, the organization maintains good practices regarding document retention and provides minutes for board meetings, which reflects some commitment to organizational governance.
However, the lack of a website listed on their tax form and the missing policies highlight a need for improvement in transparency and accountability practices. Addressing these issues could enhance donor trust and contribute to a stronger overall performance in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Angels Attic Thrift Shop Inc legitimate?
Angels Attic Thrift Shop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Angels Attic Thrift Shop 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: $488,297
For more financial information, click here
What is the mission statement of Angels Attic Thrift Shop Inc?
Angels Attic Thrift Shop Inc serves as a fundraising organization, supporting various community charitable organizations and 501(C)3 entities. Its primary mission is to raise funds through the sale of donated items such as clothing, furniture, household items, and personal belongings. The funds generated are primarily channeled towards two main beneficiaries: the Angels Community Clinic and Gentry House. The Angels Community Clinic offers free medical and dental care to the uninsured working poor in the community. Meanwhile, Gentry House provides temporary housing for displaced single mothers. In essence, Angels Attic Thrift Shop Inc plays a significant role in supporting these two vital organizations that cater to the needs of the less fortunate in the community.
Who is the CEO of Angels Attic Thrift Shop Inc?
Michael Pickens is the Treasurer of Angels Attic Thrift Shop Inc.
What is the revenue of Angels Attic Thrift Shop Inc?
Angels Attic Thrift Shop Inc's revenue in 2023 was $868,810.
Who are the executives of Angels Attic Thrift Shop Inc and what are their salaries?
The average compensation at Angels Attic Thrift Shop Inc during 2023 was $12,850. There are 38 employees at Angels Attic Thrift Shop Inc.
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Where can I find the form 990 for Angels Attic Thrift Shop Inc?
Angels Attic Thrift Shop Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Angels Attic Thrift Shop Inc
Angels Attic Thrift Shop Inc is a fundraising organization with a mission to support community charitable organizations and other 501(C)3 entities. Its primary objective is to raise funds for two specific beneficiaries: the Angels Community Clinic and the Gentry House. The Angels Community Clinic provides free medical and dental care to the uninsured working poor within the community, while the Gentry House offers temporary housing for displaced single mothers. By selling donated clothing, furniture, household items, and various personal items, Angels Attic Thrift Shop Inc contributes to these noble causes, playing a crucial role in uplifting individuals and families in need.
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Impact
October, 2024
Angels Attic Thrift Shop Inc plays a vital role in supporting local community needs through its fundraising efforts. By selling donated clothing, furniture, household items, and various personal items, the thrift shop generates essential funds for the Angels Community Clinic and the Gentry House.
The Angels Community Clinic offers free medical and dental care to uninsured individuals in the working poor demographic, addressing crucial health disparities and improving access to care. Meanwhile, the Gentry House provides temporary housing for displaced single mothers, offering them stability and support during difficult times.
Through its operations, Angels Attic not only helps to meet immediate necessities for individuals and families but also fosters a sense of community and compassion, making a significant impact on the lives of those it serves in Murray, KY.
This information is meant to be a general summary of Angels Attic Thrift Shop 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: $12,664
- Program Service Revenue: $856,146
- Gross Receipts: $868,810
Assets and Liabilities:
- Total Assets: $581,326
- Total Liabilities: $5,902
- Net Assets: $575,424
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES
Revenue
$856,146
Organization Details
Founding Year
2002
Phone
(270) 762-0505Principal Officer
Michael Pickens
Main Address
972 CHESTNUT ST, MURRAY, KY, 42071
NTEE Category
Code: P29 - Human services
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