Overview
What is Community Thrift Shoppe?
Community Thrift Shoppe is a nonprofit organization situated in Big Timber, Montana. Their primary mission is to offer affordable household items and clothing to the community while financially supporting local nonprofit organizations. Specifically, they make regular payments to charities such as the Big Timber Food Bank, Hearts & Hands Hospice, and the Senior Pantry. By operating this thrift shop, Community Thrift Shoppe not only provides cost-effective goods to the community but also contributes to the well-being of various local nonprofits.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
Community Thrift Shoppe has earned an impressive overall rating of 87%, indicating strong performance in accountability and finance. The organization benefits from a fully independent board, which contributes positively to its governance structure. With no material diversion of assets and a high program expense ratio of nearly 94%, the charity demonstrates a commitment to directing funds toward its mission.
The organization has implemented key policies such as a whistleblower policy and a document retention and destruction policy, scoring full points in these areas. This transparency is further supported by the availability of board meeting minutes, reflecting a proactive approach to governance and oversight. The low liabilities to assets ratio of 0.00% indicates a healthy financial position.
While no significant limitations were noted in the data, continuous monitoring of operational effectiveness will be essential for maintaining this positive trajectory. Overall, Community Thrift Shoppe demonstrates strong accountability practices and effective use of its resources to fulfill its charitable mission.
This AI summary has been generated from information found on Charity Navigator.
Is Community Thrift Shoppe legitimate?
Community Thrift Shoppe is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Thrift Shoppe 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: $0
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What is the mission statement of Community Thrift Shoppe?
The Community Thrift Shoppe's mission is centered around providing affordable household goods and clothing to the community. This non-profit organization operates with a dual purpose: to offer these essentials at low costs and to financially support various local non-profit organizations. The shoppe regularly makes monthly contributions to charities such as the Big Timber Food Bank, Hearts & Hands Hospice, and the Senior Pantry, thereby extending its reach and aid to a broader segment of the community.
Who is the CEO of Community Thrift Shoppe?
Terri Gilbert is the Pres of Community Thrift Shoppe.
What is the revenue of Community Thrift Shoppe?
Community Thrift Shoppe's revenue in 2022 was $148,288.
Who are the executives of Community Thrift Shoppe and what are their salaries?
There 24 volunteers at Community Thrift Shoppe.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Community Thrift Shoppe?
Community Thrift Shoppe's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Thrift Shoppe
Community Thrift Shoppe, as a non-profit organization, is dedicated to providing affordable household goods and clothing to the community. Its primary purpose is to support other local non-profit organizations financially. By selling second-hand items at low costs, Community Thrift Shoppe contributes to the community's well-being while simultaneously offering financial aid to various charitable organizations. The non-profit regularly makes monthly payments to organizations such as the Big Timber Food Bank, Hearts & Hands Hospice, and the Senior Pantry, demonstrating its commitment to uplifting individuals in need. By supporting these organizations, Community Thrift Shoppe plays a vital role in strengthening the community's social fabric.
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Impact
October, 2024
Community Thrift Shoppe plays a vital role in enhancing the well-being of the Big Timber community by providing low-cost household goods and clothing. This access not only helps individuals and families save money but also ensures that essential items are available to those in need.
Beyond its direct services, Community Thrift Shoppe significantly supports local non-profit organizations such as the Big Timber Food Bank, Hearts & Hands Hospice, and the Senior Pantry. Through monthly contributions, it empowers these organizations to carry out their missions and provide critical assistance to community members facing various challenges.
This interconnected support fosters a stronger community network, addressing both immediate material needs and long-term support for individuals and families, ultimately contributing to a more resilient and caring local environment.
This information is meant to be a general summary of Community Thrift Shoppe. 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.
- Investment Income: $40
- Program Service Revenue: $146,858
- Gross Receipts: $148,288
Assets and Liabilities:
- Total Assets: $188,715
- Total Liabilities: $0
- Net Assets: $188,715
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THRIFT SHOP SALES
Revenue
$146,858
Organization Details
Founding Year
2013
Phone
(406) 932-4024Principal Officer
Terri Gilbert
Main Address
PO BOX 1475, BIG TIMBER, MT, 59011
NTEE Category
Code: P29 - Human services
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