Overview
What is Et Cetera Thrift Shop Inc?
Et Cetera Thrift Shop Inc is a nonprofit organization situated in Seward, Nebraska, with the address 504 Seward Street. Their primary mission is to alleviate human suffering and spread the message of Jesus Christ and the Great Commission. They accomplish this by providing a platform for the community to sell usable items, offering affordable purchasing options, donating the proceeds to the Mennonite Central Committee, and fostering interest in voluntary service. The Mennonite Central Committee uses these funds for worldwide relief and development programs. With a team of four employees, Et Cetera Thrift Shop Inc serves as a valuable resource for the local community, contributing to charitable organizations and promoting community involvement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Stars
Et Cetera Thrift Shop Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in accountability and finance. The organization achieved a solid score primarily due to its high standards in governance and financial management, exemplified by its 100% independent board members and a 0.55% liabilities to assets ratio.
The nonprofit demonstrates strong program expense management, with an impressive program expense ratio of 88.84%, meaning that a significant portion of its resources is allocated directly to its mission. Other strengths include the documented board meeting minutes and a comprehensive conflict of interest policy, which contribute positively to its governance practices.
While the organization excels in accountability metrics, the overall rating suggests that there may be areas for improvement in other aspects of performance. Stakeholders may want to consider this rating alongside additional qualitative insights to gain a full understanding of the nonprofit's effectiveness and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Et Cetera Thrift Shop Inc legitimate?
Et Cetera Thrift Shop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Et Cetera Thrift Shop 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,114
For more financial information, click here
What is the mission statement of Et Cetera Thrift Shop Inc?
Et Cetera Thrift Shop Inc's mission is centered around alleviating human suffering and spreading the message of Jesus Christ and the Great Commission. They achieve this through several means. Firstly, they provide the community with an avenue to sell usable items, offering a second-hand shopping option. Secondly, they offer these items at reasonable prices, making them affordable for many. Thirdly, a portion of the shop's earnings is donated to the Mennonite Central Committee, an organization involved in worldwide relief and development programs. Lastly, the thrift shop aims to foster interest in voluntary service, contributing to the broader community.
Who is the CEO of Et Cetera Thrift Shop Inc?
Jim Troyer is the President of Et Cetera Thrift Shop Inc.
What is the revenue of Et Cetera Thrift Shop Inc?
Et Cetera Thrift Shop Inc's revenue in 2022 was $556,742.
Who are the executives of Et Cetera Thrift Shop Inc and what are their salaries?
The average compensation at Et Cetera Thrift Shop Inc during 2022 was $24,028. There are 4 employees at Et Cetera Thrift Shop Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Et Cetera Thrift Shop Inc?
Et Cetera Thrift Shop Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Et Cetera Thrift Shop Inc
Et Cetera Thrift Shop Inc is committed to alleviating human suffering and spreading the message of Jesus Christ and the Great Commission. To achieve this, the organization undertakes several initiatives. Firstly, it provides the community with a platform to sell usable items, serving as a valuable outlet for the community. Secondly, Et Cetera Thrift Shop Inc offers these items for purchase at reasonable prices, catering to a wide range of budgets. Thirdly, a portion of the earnings generated from these sales is donated to Mennonite Central Committee, an organization involved in global relief and development programs. Lastly, the thrift shop aims to stimulate interest in voluntary service, encouraging community involvement and engagement. By adopting these strategies, Et Cetera Thrift Shop Inc not only contributes to the betterment of its local community but also extends its reach to support worldwide relief efforts.
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Impact
July, 2024
Et Cetera Thrift Shop Inc is deeply committed to alleviating human suffering, spreading the gospel of Jesus Christ, and supporting worldwide relief and development programs through its activities. By providing the community with an outlet to purchase usable items at reasonable prices, this thrift shop not only benefits its customers but also channels its profits towards local charitable organizations and the Mennonite Central Committee. The impact of Et Cetera Thrift Shop Inc reaches far beyond its storefront, contributing to the healthy growth of local and national ministerial and missionary needs. Through its mission-driven work, this organization creates opportunities for voluntary service, making a tangible difference in the lives of those in need.
This information is meant to be a general summary of Et Cetera Thrift Shop 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 2022.
- Investment Income: $7,691
- Program Service Revenue: $548,798
- Gross Receipts: $556,742
Assets and Liabilities:
- Total Assets: $228,070
- Total Liabilities: $1,828
- Net Assets: $226,242
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STORE SALES
Revenue
$548,798
Organization Details
Founding Year
1978
Phone
(402) 643-4767Principal Officer
Jim Troyer
Main Address
504 SEWARD STREET, SEWARD, NE, 68434
NTEE Category
Code: N20 - Recreation
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