Overview
What is Worthwhile Wear Inc?
Worthwhile Wear Inc is a nonprofit organization situated in Silverdale, Pennsylvania (PA). Their primary mission is to assist women impacted by human trafficking, providing them with comprehensive care, including housing, employment, counseling, and various other services. This holistic approach offers these women the best chance to heal from the significant trauma they have experienced. They accomplish this by selling merchandise produced through overseas vocational training and employment contracts, as well as items crafted by participants in organizations with similar missions. Additionally, they collect donated clothing and household goods, selling them through their thrift stores located in Bucks and Montgomery County, Pennsylvania. These thrift stores support the organization's programs and also provide employment opportunities for women enrolled in the Well Housing Program by employing them in the thrift store. Worthwhile Wear expanded its operations further by opening a second thrift store location in Collegeville, PA, in 2022.
Official website here: www.worthwhilewear.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Worthwhile Wear Inc has received a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting a robust accountability and finance score of 93%. This high rating indicates strong governance and financial health, with the organization achieving full marks in various areas such as independent board oversight, financial auditing, and conflict of interest policies. Notably, the audit and oversight committee has demonstrated effective management practices, contributing to the overall transparency and reliability of the nonprofit.
The organization excels in its culture and community engagement, evidenced by a perfect 100% score. This is indicative of an active commitment to incorporating feedback from stakeholders and utilizing it effectively to enhance their programs and services. Such practices suggest that Worthwhile Wear Inc prioritizes its community's needs and fosters a positive environment for collaboration and innovation.
While the organization shows impressive financial ratios, including a program expense ratio of over 80%, which reflects a strong focus on programmatic expenditures, no significant limitations or challenges were noted in the data. This comprehensive approach to governance and community engagement positions Worthwhile Wear Inc as a highly effective nonprofit in its field.
This AI summary has been generated from information found on Charity Navigator.
Is Worthwhile Wear Inc legitimate?
Worthwhile Wear Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worthwhile Wear 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: $149,730
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,332,680
For more financial information, click here
Official website here: www.worthwhilewear.org
What is the mission statement of Worthwhile Wear Inc?
Worthwhile Wear Inc's mission is centered around assisting women who have been victims of human trafficking, encompassing both labor and sex trafficking. The organization aims to provide these women with comprehensive care, which includes housing, employment opportunities, counseling, and various other necessary services. This holistic approach offers these individuals the best chance to recover from the significant trauma they have endured. By offering these services, Worthwhile Wear Inc seeks to help these women restore their lives and regain their dignity.
Official website here: www.worthwhilewear.org
What is the revenue of Worthwhile Wear Inc?
Worthwhile Wear Inc's revenue in 2023 was $3,102,957.
Official website here: www.worthwhilewear.org
Who are the executives of Worthwhile Wear Inc and what are their salaries?
The average compensation at Worthwhile Wear Inc during 2023 was $14,254. There are 104 employees and 900 volunteers at Worthwhile Wear Inc.
Here are 9 key members and their salaries:
- Compensation: $130,638
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- Other: $7,335
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Official website here: www.worthwhilewear.org
Where can I find the form 990 for Worthwhile Wear Inc?
Worthwhile Wear Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.worthwhilewear.org
Learn more at the official website: www.worthwhilewear.org
Mission Statement of Worthwhile Wear Inc
Worthwhile Wear Inc is an organization dedicated to aiding women who have been victims of human trafficking, both labor and sex trafficking. Their mission is to offer these individuals comprehensive care, providing them with essential resources to heal from the significant trauma they have endured. This holistic approach includes offering housing, employment opportunities, counseling, and various other services. By providing this all-encompassing support, Worthwhile Wear Inc offers these women the best chance to recover and rebuild their lives.
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Impact
July, 2024
Worthwhile Wear Inc's impact is deeply rooted in the tangible support and comprehensive care it provides to women affected by human trafficking. By offering housing, employment opportunities, counseling, and various other services, Worthwhile Wear plays a crucial role in helping these women heal from the significant trauma they have experienced. Through its overseas vocational training and employment contracts, as well as its thrift stores selling merchandise crafted by participants in similar organizations, Worthwhile Wear not only generates income to support its programs but also offers a path to empowerment for these women. By engaging in meaningful work and receiving support, the women enrolled in Worthwhile Wear's programs are able to rebuild their lives and strive towards a brighter future.
This information is meant to be a general summary of Worthwhile Wear 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.
- Program Service Revenue: $18,680
- Gross Receipts: $3,195,814
Assets and Liabilities:
- Total Assets: $991,246
- Total Liabilities: $136,324
- Net Assets: $854,922
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUCKS COUNTY SERVICE REIMBURSEMEN
Revenue
$12,500
PROGRAM FEES
Revenue
$6,180
Organization Details
Founding Year
2012
Principal Officer
Daniel Emr Sr
Website
www.worthwhilewear.orgNTEE Category
Code: Q30 - International
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