Overview
What is Hill Thrift Shop Inc?
Hill Thrift Shop Inc, located in Hill AFB, Utah, is a nonprofit organization that serves its community by offering a thrift shop. This shop provides a platform for selling used items, including through consignment, and donated goods. The primary objective of Hill Thrift Shop Inc is to generate funds for various charitable organizations. In 2021, the shop successfully donated both cash and non-cash items such as clothing and household supplies. The shop serves as a beneficial outlet for individuals seeking bargain-priced items, simultaneously contributing to community welfare by channeling the profits towards a variety of charitable and educational purposes. With a team of 5 dedicated employees, Hill Thrift Shop Inc embodies a commitment to community service on Hill Air Force Base.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero Stars (40%)
Hill Thrift Shop Inc has received a low overall score of 40%, resulting in a Zero-Star out of Four Star rating. This rating indicates significant concerns regarding the organization’s accountability and financial practices. While the charity performs well in governance aspects, such as having a majority independent board and proper documentation protocols, it struggles significantly in financial metrics.
The organization has a high liabilities to assets ratio of 21.77% and low program expense ratio of 35.86%, suggesting that a substantial portion of its resources may not be directed towards its programs. Additionally, it lacks essential policies such as a conflict of interest and whistleblower policy, which raises concerns about transparency and accountability.
Despite some strengths in governance, the financial inefficiencies and missing policies highlight critical areas for improvement. Prospective donors may want to consider these factors carefully before contributing to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Hill Thrift Shop Inc legitimate?
Hill Thrift Shop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hill 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: $45,790
For more financial information, click here
What is the mission statement of Hill Thrift Shop Inc?
Hill Thrift Shop Inc's mission is centered around supplying necessary services to a community. They achieve this by providing a platform for the sale of second-hand items, either through consignment or donations. These sales generate profits, which are then distributed to various nonprofit organizations for a vast array of charitable and educational purposes. The thrift shop serves as a means to recycle used items and contribute to the betterment of numerous communities through charitable donations.
What is the revenue of Hill Thrift Shop Inc?
Hill Thrift Shop Inc's revenue in 2024 was $76,504.
Who are the executives of Hill Thrift Shop Inc and what are their salaries?
The average compensation at Hill Thrift Shop Inc during 2024 was $11,448. There are 4 employees at Hill Thrift Shop Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Hill Thrift Shop Inc?
Hill Thrift Shop Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Hill Thrift Shop Inc
Hill Thrift Shop Inc, a nonprofit organization, is committed to supplying necessary services to the community. By providing an outlet for the sale of used items, either through consignment or donations, Hill Thrift Shop Inc generates profits. These profits are then distributed to various nonprofit organizations for a multitude of charitable and educational purposes. In essence, Hill Thrift Shop Inc serves as a bridge, connecting the community with resources and contributing to a wide array of charitable initiatives.
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Impact
August, 2024
Hill Thrift Shop Inc's impact is significant in providing much-needed services for the community located on Hill Air Force Base. By offering an outlet for the sale of used items through consignment and donations, the shop not only allows individuals to obtain items at bargain prices but also generates funds for disbursement to other charitable organizations. In 2021, the thrift shop increased its contributions by donating both cash and non-cash items like clothing and household supplies. This mechanism of giving back to the community for charitable purposes demonstrates Hill Thrift Shop Inc's commitment to supporting various charitable and educational initiatives.
This information is meant to be a general summary of Hill 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 2024.
- Investment Income: $41
- Gross Receipts: $167,019
Assets and Liabilities:
- Total Assets: $90,966
- Total Liabilities: $16,542
- Net Assets: $74,424
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Organization Details
Founding Year
1981
Principal Officer
Laurie Hope
NTEE Category
Code: P20 - Human services
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