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Adrn Thrift Store Inc

Hope Family Thrift Store

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

EIN: 472268246 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Adrn Thrift Store Inc?

Adrn Thrift Store Inc, operating as the Hope Family Thrift Store, is a nonprofit organization situated in Austin, Texas. The primary purpose of this thrift store is to support the mission of the Austin Disaster Relief Network by funding disaster relief efforts and supplying goods to families affected by various disasters, such as floods and tornadoes, in the greater Austin area. The store sells a range of items, including clothing, household items, furniture, and more, to the general public. After covering its expenses, it distributes free goods to disaster survivors, meeting their immediate physical needs with items like clothing, shoes, linens, and toys. As of now, the store has provided such aid to over 13,000 survivors. The thrift store employs a team of 29 individuals to carry out these activities.


Official website here: www.hopefamilythrift.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating. This overall score reflects a strong performance in Accountability & Finance, indicating that the organization is effectively managing its funds and adhering to financial best practices. The rating emphasizes the charity's commitment to transparency, particularly through the independent oversight of its board.

Adrn Thrift Store Inc has a majority of independent board members, which enhances its governance structure. They have demonstrated responsible financial management, with a high program expense ratio of 94.06%, meaning that a significant portion of their funds is directed towards their programs rather than administrative costs. Additionally, their liabilities to assets ratio is remarkably low at 0.00%, suggesting a solid financial position.

However, there are notable gaps in their policies. The absence of a whistleblower policy and document retention and destruction policy may indicate areas for improvement in governance practices. Despite these limitations, the charity’s strong financial performance and transparency reflect positively on its operations and accountability to donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Adrn Thrift Store Inc?

86% of 24 reviewers on Facebook recommend Adrn Thrift Store Inc. Here is a summary of their reviews:

Many patrons have praised the store for its friendly and helpful staff, highlighting the positive shopping experience they provide. Notably, shoppers appreciate the variety of merchandise available, including unique and interesting items, with some articles even coming brand new with tags.

Pricing has also been commended, with many finding it to be quite reasonable, making it an appealing place to shop. Additionally, the community support aspect of the store is seen as a significant benefit, reinforcing its value beyond just the thrift shopping experience. Overall, those who recommend the store emphasize a strong sense of community engagement and satisfaction with their shopping experience.


This AI summary has been generated from reviews found on Facebook.

Is Adrn Thrift Store Inc legitimate?

Adrn Thrift Store Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adrn Thrift Store 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: $442,448

For more financial information, click here


Official website here: www.hopefamilythrift.org

What is the mission statement of Adrn Thrift Store Inc?

The Adrn Thrift Store Inc, through its operations, aims to fund relief efforts and provide disaster relief goods to families impacted by disasters, whether natural or man-made, in the Greater Austin area. The store sells clothing, household items, furniture, and more to the general public, with the proceeds supporting the mission of the Austin Disaster Relief Network after the store's expenses have been covered. Additionally, the thrift store offers free goods to disaster survivors, including clothing, shoes, linens, toys, and more, to meet their physical emergency needs. As of now, the store has provided free items to over 13,000 survivors.


Official website here: www.hopefamilythrift.org

Who is the CEO of Adrn Thrift Store Inc?

Rita Davis is the Treasurer of Adrn Thrift Store Inc.


Official website here: www.hopefamilythrift.org

What is the revenue of Adrn Thrift Store Inc?

Adrn Thrift Store Inc's revenue in 2022 was $1,873,691.


Official website here: www.hopefamilythrift.org

Who are the executives of Adrn Thrift Store Inc and what are their salaries?

The average compensation at Adrn Thrift Store Inc during 2022 was $15,257. There are 29 employees and 584 volunteers at Adrn Thrift Store Inc.


Here are 6 key members and their salaries:


Tom Gardner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Davis (Manager/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Geraci (President)
  • Compensation: $0
  • Related: $124,371
  • Other: $0
William Stockton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Bailey (Interim Executive Director)
  • Compensation: $0
  • Related: $33,175
  • Other: $0


Official website here: www.hopefamilythrift.org

Where can I find the form 990 for Adrn Thrift Store Inc?

Adrn Thrift Store Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hopefamilythrift.org

Learn more at the official website: www.hopefamilythrift.org

Mission Statement of Adrn Thrift Store Inc

Adrn Thrift Store Inc is a nonprofit organization with a mission to provide essential funding for disaster relief efforts in the greater Austin area, encompassing five counties. This mission is primarily focused on aiding families affected by disasters, whether they are of natural origin, such as floods and tornadoes, or man-made. The organization accomplishes this by coordinating relief efforts and distributing disaster relief goods.

The primary source of funding for Adrn Thrift Store Inc's disaster relief initiatives is derived from the sales of various items, including clothing, household items, furniture, and more, to the general public. Once the store's expenses have been covered, the remaining profits are dedicated to supporting the mission of the Austin Disaster Relief Network. However, the organization's commitment to its cause extends beyond sales, with a provision to offer free goods to survivors impacted by disasters. To date, Adrn Thrift Store Inc has provided free clothing, shoes, linens, toys, and other necessities to over 13,000 survivors, addressing their physical emergency needs during times of crisis.

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Impact




July, 2024

Adrn Thrift Store Inc's impact lies in providing essential funding for the coordination of relief efforts and disaster relief goods to families affected by various disasters in the greater Austin area. By selling clothing, household items, furniture, and more to the general public, the thrift store supports the mission of the Austin Disaster Relief Network after covering its expenses. Additionally, the store plays a crucial role in providing free goods to survivors impacted by disasters, including clothing, shoes, linens, toys, and other essential items to meet their physical emergency needs.

To date, Adrn Thrift Store Inc has made a significant impact by offering free items to over 13,000 survivors, helping them recover and rebuild their lives following various disasters. Through its mission of providing relief to those in crisis, the thrift store contributes to strengthening the community and supporting individuals in difficult circumstances.




This information is meant to be a general summary of Adrn Thrift Store 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.

Revenue
$1,873,691 (2022)
Expenses
$1,352,552 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $39
  • Gross Receipts: $1,909,958

Assets and Liabilities:

  • Total Assets: $1,059,088
  • Total Liabilities: $0
  • Net Assets: $1,059,088

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Organization Details

Founding Year

2014

Principal Officer

Rita Davis

Main Address

13801 BURNET ROAD, AUSTIN, TX, 78727

NTEE Category

Code: P60 - Human services

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