Overview
What is Big Medicine Nfp?
Big Medicine NFP is a nonprofit organization that advocates for sustainability and green economics. They run a resale shop, Green Element Resale, and an online platform, focusing on reducing virgin resource extraction to protect wildlife habitats and minimize harmful byproducts, such as pesticides, that can harm our ecosystem. The organization believes that by supporting resale, everyone becomes part of the solution for environmental conservation. Big Medicine NFP also promotes green economics, knowledge, and education through their website and daily interactions with customers, donors, and students. Their mission is to fund sustainability and green economics education by operating a thrift shop, where donating and buying resale items helps slow down environmental degradation caused by resource extraction, such as mining, logging, and pesticide use in conventional cotton production. The organization is nimble and flexible, accommodating donors' quick pickup requests, thereby reducing landfill and incineration, as well as enabling those in a bind on time to donate instead of opting for environmentally unfriendly haul-off services.
Official website here: www.big-medicine.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 77% (Three-Star out of Four Star rating)
Big Medicine Nfp has achieved a three-star rating on Charity Navigator with an overall score of 77%. This score reflects a significant strength in its Impact & Measurement (98%) and Culture & Community (94%) categories, indicating the organization's effectiveness in achieving its mission and fostering a strong community presence. The organization benefits from a fully independent board, which is an indicator of good governance and accountability.
However, the Accountability & Finance score of 51% suggests that there are areas for improvement in financial transparency and efficiency. The Program Expense Ratio is a concern at 55.29%, indicating that a relatively lower proportion of its expenses are directed towards its programs. This, combined with a Liabilities to Assets Ratio of 58.37%, highlights potential financial vulnerabilities that could impact its operations in the long term.
Despite these limitations, Big Medicine Nfp shows strong practices regarding feedback collection and usage, scoring 100% in these areas. Their mission statement is clear, and their strategic goals focus on expanding their outreach and educational efforts. Overall, while there are challenges, the organization's strengths in community engagement and leadership are evident.
This AI summary has been generated from information found on Charity Navigator.
Is Big Medicine Nfp legitimate?
Big Medicine Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Medicine Nfp 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: $307,026
For more financial information, click here
Official website here: www.big-medicine.org
What is the mission statement of Big Medicine Nfp?
Big Medicine Nfp's mission is to promote sustainability and green economics through education, primarily by operating a thrift shop as a funding source. By encouraging the general public to donate and buy resale items, the organization aims to slow down environmental degradation caused by resource extraction such as mining, logging, and harmful pesticides used in the conventional production of cotton. The resale shop also helps reduce landfill and incineration, as many donors who might have missed being able to schedule pickups with larger thrift resale companies can quickly call Big Medicine Nfp instead of using haul-off services, which are environmentally unsustainable and ecologically destructive. The organization's nimble and flexible approach in accommodating pickup requests is a significant factor in its creation, as it primarily serves people in a bind on time, constituting more than half of its donors.
Official website here: www.big-medicine.org
Who is the CEO of Big Medicine Nfp?
Brian Haag is the President of Big Medicine Nfp.
Official website here: www.big-medicine.org
What is the revenue of Big Medicine Nfp?
Big Medicine Nfp's revenue in 2022 was $609,296.
Official website here: www.big-medicine.org
Who are the executives of Big Medicine Nfp and what are their salaries?
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.big-medicine.org
Where can I find the form 990 for Big Medicine Nfp?
Big Medicine Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.big-medicine.org
Learn more at the official website: www.big-medicine.org
Mission Statement of Big Medicine Nfp
Big Medicine NFP, a nonprofit organization, is dedicated to promoting sustainability and green economics through its resale shop and website. By encouraging the purchase and donation of resale items, this organization aims to reduce the environmental degradation caused by resource extraction activities such as mining and logging, as well as the harmful use of pesticides in conventional production, particularly in cotton farming.
The mission of Big Medicine NFP is twofold. Firstly, it aims to educate the public about the importance of sustainability and green economics. By operating a thrift shop, the organization serves as a funding source, allowing individuals to participate in the slowdown of environmental degradation without even realizing it.
Secondly, Big Medicine NFP addresses the environmental impact of landfill and incineration. By providing a quick response to donation requests, the organization helps those who may have missed out on the schedules of larger thrift resale companies, preventing the need for haul-off services, which are both environmentally unsustainable and ecologically destructive. People in a bind on time often make up more than half of Big Medicine NFP's donors. This flexibility and nimbleness have been instrumental in the organization's inception, as it caters to the needs of those who require a swift response.
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Impact
July, 2024
Big Medicine NFP's impact lies in promoting sustainability and green economics through its operation of a resale shop and website. By focusing on reducing virgin resource extraction and advocating for the protection of wildlife habitats, this organization actively mitigates the negative effects of toxic byproducts and pesticides on our ecosystem. Furthermore, by encouraging individuals to support resale activities, Big Medicine NFP enables everyone to be part of the solution in combating environmental degradation. Through its thrift shop, known as Green Element Resale, and its educational initiatives via the website and direct engagement with customers, donors, and students, Big Medicine NFP spreads awareness about green economics and sustainability. By emphasizing the importance of second-hand items and recycling, this organization significantly contributes to reducing landfill waste and minimizing the environmental impact of resource extraction. In essence, Big Medicine NFP's impact extends far beyond its resale activities, playing a crucial role in promoting a more sustainable future for our planet.
This information is meant to be a general summary of Big Medicine 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $609,296
- Gross Receipts: $609,296
Assets and Liabilities:
- Total Assets: $99,626
- Total Liabilities: $58,157
- Net Assets: $41,469
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF DONATED ITEMS
Revenue
$609,296
Organization Details
Founding Year
2004
Phone
(773) 544-0505Principal Officer
Brian Haag
Main Address
6241 N BROADWAY, CHICAGO, IL, 60660
Website
www.big-medicine.orgNTEE Category
Code: C60 - Environment
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