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World Treasures Inc

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

EIN: 521943055 ✦ Hagerstown, MD ✦ Designated as a 501(c)(3)

Overview

What is World Treasures Inc?

World Treasures Inc is a nonprofit organization situated in Hagerstown, Maryland, with a mission to generate fair income for artisans residing in developing countries. They achieve this through their program, Ten Thousand Villages, which markets the handcrafted products of these artisans in North America. By doing so, they not only provide a source of income but also share the stories of these creators. Additionally, World Treasures Inc engages in used book recycling and operates a Thrift Shop, contributing to their overall mission. As a 501(c)(3) organization, they are involved in various relief and development projects worldwide, under the umbrella of Mennonite Central Committee of Akron, Pennsylvania.


Is World Treasures Inc legitimate?

World Treasures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Treasures 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $269,840

For more financial information, click here


What is the mission statement of World Treasures Inc?
Who is the CEO of World Treasures Inc?
What is the revenue of World Treasures Inc?
Who are the executives of World Treasures Inc and what are their salaries?
Where can I find the form 990 for World Treasures Inc?

Mission Statement of World Treasures Inc

World Treasures Inc, as a nonprofit organization, is committed to providing a fair income to artisans residing in Third World countries. They accomplish this mission through their marketing program, which showcases and sells the handicrafts created by these artists in North America. By doing so, World Treasures Inc not only provides these artisans with a source of income but also shares their stories with a wider audience. In addition to this, World Treasures Inc engages in used book recycling activities and operates a Thrift Shop, further contributing to their mission of sustainability and social impact. The organization, Ten Thousand Villages, is a program of Mennonite Central Committee of Akron, PA, a 501(c)(3) organization involved in worldwide relief and development.

Impact

This information is meant to be a general summary of World Treasures Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

World Treasures Inc's impact lies in its direct support of Third World artisans by providing them with fair income through its nonprofit marketing program. This facilitates economic empowerment and sustenance for individuals in marginalized communities. Additionally, their initiatives such as book recycling and operating a Thrift Shop not only contribute to sustainable practices but also generate further support for their mission. Overall, World Treasures Inc plays a vital role in fostering economic development and empowerment for artisans in the Third World, thereby making a tangible difference in the lives of many.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $667,405
  • Gross Receipts: $722,440

    • Assets and Liabilities:
  • Total Assets: $409,337
  • Total Liabilities: $14,199
  • Net Assets: $395,138
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Ten Thousand Villages

    Revenue

    $141,631

    Used book recycling

    Revenue

    $277,686

    Thrift Shop

    Revenue

    $248,088

    Organization Details

    Founding Year

    1996

    Principal Officer

    Jean M Hart

    Main Address

    13625C Pennsylvania Ave, Hagerstown, MD, 21742

    NTEE Category

    Code: Q320 - International

    If you are a representative of World Treasures Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.