Overview
What is New Life Thrift Store?
New Life Thrift Store is a nonprofit organization situated in Wyoming, Michigan. Their main objective is to alleviate the financial burden of tuition for families who wish to provide their children with a Christian education at local schools. By selling donated items, they generate funds that are directly used to reduce tuition expenses or disbursed to eligible families seeking additional financial aid. Moreover, the earnings from these sales contribute to the development of staff, the implementation of new programs, and the provision of technology at various private schools in the area. The thriving workforce of 12 individuals is dedicated to making quality education more accessible for the community.
Official website here: www.newlifethriftstore.org
What do the Facebook reviews say about New Life Thrift Store?
New Life Thrift Store has received positive attention from its patrons, with users expressing enthusiasm for their shopping experience. One reviewer mentioned being pleasantly surprised by the affordable prices and noted that they purchased a significant amount of items during their visit. This suggests that the thrift store offers a good selection at competitive rates, making it an appealing option for budget-conscious shoppers.
The overall sentiment is clearly favorable, with customers eager to return and continue supporting the store. The highlight appears to be the combination of great deals and the potential for future visits, indicating a positive shopping environment. Overall, New Life Thrift Store is carving out a good reputation among its initial visitors.
This AI summary has been generated from reviews found on Facebook.
Is New Life Thrift Store legitimate?
New Life Thrift Store is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Life Thrift Store 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: $105,212
For more financial information, click here
Official website here: www.newlifethriftstore.org
What is the mission statement of New Life Thrift Store?
The New Life Thrift Store's mission is centered around utilizing the proceeds from sold donated goods. This revenue is then allocated to assist private schools in various ways. Specifically, it aids in staff development, offers tuition assistance, funds the introduction of new programs, and facilitates the integration of technology. The primary goal of the thrift store is to alleviate the financial burden of tuition for families seeking a Christian education for their children at these schools, either by directly reducing expenses or providing additional financial assistance to qualifying families.
Official website here: www.newlifethriftstore.org
What is the revenue of New Life Thrift Store?
New Life Thrift Store's revenue in 2023 was $378,186.
Official website here: www.newlifethriftstore.org
Who are the executives of New Life Thrift Store and what are their salaries?
The average compensation at New Life Thrift Store during 2023 was $6,189. There are 17 employees and 220 volunteers at New Life Thrift Store.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.newlifethriftstore.org
Where can I find the form 990 for New Life Thrift Store?
New Life Thrift Store's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.newlifethriftstore.org
Learn more at the official website: www.newlifethriftstore.org
Mission Statement of New Life Thrift Store
New Life Thrift Store, a nonprofit organization, is dedicated to using the proceeds from sold donated goods to aid private schools in their mission. This assistance takes various forms, including staff development, offering tuition reductions, funding new programs, and investing in technology. By doing so, the thrift store aims to alleviate the financial burden of tuition for families who wish to provide their children with a Christian education at these schools. The monies awarded by New Life Thrift Store directly contribute to reducing expenses or are disbursed to families who qualify for additional tuition assistance. In essence, New Life Thrift Store serves as a vital source of support for families seeking affordable Christian education for their children.
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Impact
October, 2024
New Life Thrift Store has a significant impact on families in the community by alleviating the financial burden of education. The sales proceeds from donated goods directly support the South Suburban Christian Schools, enabling them to offer reduced tuition rates. This assistance allows more families to access quality Christian education for their children, ensuring that financial constraints do not hinder educational aspirations.
Additionally, the funds generated contribute to various enhancements within the schools, such as staff development, new programs, and advancements in technology. By investing in these key areas, New Life Thrift Store not only provides immediate relief through tuition assistance but also promotes a holistic improvement in the educational environment. This dual approach fosters a stronger educational community, benefiting both current students and future generations. In Wyoming, MI, New Life Thrift Store exemplifies how community involvement can create pathways for educational accessibility and quality.
This information is meant to be a general summary of New Life Thrift Store. 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: $23
- Gross Receipts: $778,296
Assets and Liabilities:
- Total Assets: $850,507
- Total Liabilities: $13,381
- Net Assets: $837,126
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Organization Details
Founding Year
2003
Principal Officer
Maelia Post
Website
www.newlifethriftstore.orgNTEE Category
Code: P29 - Human services
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