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Thrift Angels

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

EIN: 383991971 ✦ Bowie, TX ✦ Designated as a 501(c)(3)

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Overview

What is Thrift Angels?

Thrift Angels is a community-focused nonprofit organization that operates thrift shops as its primary activity. Their mission is to support local charities by utilizing the earnings from their thrift store. By selling donated items, they generate funds that are then distributed to numerous nonprofit organizations within their community, thereby extending their reach and impact.

Is Thrift Angels legitimate?

Thrift Angels is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thrift Angels 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 Thrift Angels?

Thrift Angels, an organization, operates thrift shops as a means to support local nonprofit entities within the community. Their primary mission is to generate revenue through these thrift stores, using the proceeds to aid various charitable organizations operating within the same community. By doing so, Thrift Angels aims to contribute positively to the local community and support the causes advocated by these nonprofit organizations. It's important to note that Thrift Angels does not directly engage in these causes but rather provides financial assistance to enable these organizations to carry out their missions effectively.

Who is the CEO of Thrift Angels?

Unavailable

What is the revenue of Thrift Angels?

Thrift Angels's revenue in 2022 was $154,878.

Who are the executives of Thrift Angels and what are their salaries?


Here are 2 key members and their salaries:


Wm B Santo (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juliy Heath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Thrift Angels?

Thrift Angels's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Thrift Angels

Thrift Angels, a notable entity, is committed to operating thrift shops with a noble purpose. Its mission is to channel the profits generated from these shops towards assisting a multitude of local nonprofit organizations within the community. By running a thrift store, Thrift Angels provides a platform that not only contributes to recycling and sustainability but also directly aids various charitable organizations in their endeavors. This mission reflects Thrift Angels' dedication to giving back to the community and supporting the causes that make a difference in people's lives.

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Impact




October, 2024

Thrift Angels significantly contributes to the community by operating thrift shops that generate vital funding for local nonprofits. By channeling all proceeds from their thrift store directly to these organizations, they enhance the capacity for social services, outreach programs, and various community improvement initiatives. Their work not only helps sustain essential services but also fosters a spirit of collaboration among local nonprofits in Bowie, TX. Additionally, Thrift Angels promotes sustainability by encouraging the reuse of items, which in turn engages the community in practices that benefit both people and the environment. Overall, their impact is multifaceted, addressing economic, social, and environmental needs within the community.




This information is meant to be a general summary of Thrift Angels. 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
$154,878 (2022)
Expenses
$115,153 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $159,014

Assets and Liabilities:

  • Total Assets: $43,809
  • Total Liabilities: $7,636
  • Net Assets: $36,173

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Organization Details

Main Address

215 N MASON STREET, BOWIE, TX, 76230

NTEE Category

Code: S30 - Community improvement

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